Archive for September 2021
Anji Pharma raises $70M as it explores going public in early 2022
At just three years old, Anji already has multiple drugs in mid- and late-stage clinical trials. The startup has just raised $70 million, which it will use to wrap up some of those trials, hire in Massachusetts and prepare for the public markets. Read More
Read MoreHere are the Mass. companies backed by Tiger Global Management
Among other ventures, the firm had a 12.78% pre-IPO stake in Toast Inc. (NYSE: TOST), which went public last week in one of Boston’s largest IPOs of 2021. Read More
Read MoreMass. employers watching for possible hike in paid-leave taxes
Employers are in the dark about how much workers statewide are using the leave. For unemployment insurance, the state publishes a monthly report detailing the balance of the fund that pays out unemployment claims. Not so for paid family and medical leave. Read More
Read MoreMassachusetts poised to extend paid leave for Covid shots into 2022
"I do share the optimism that the Senate president spoke to that there are still 10,000 people a day getting shots here in the commonwealth," Baker told reporters on Monday. Read More
Read MoreMassachusetts’ largest hospital system to give Covid bonuses to 80K workers
The bonus will be pro-rated for those who are part-time, and will be given out in November, a hospital official said. Read More
Read MoreSouth End condos proposed to meet ‘underserved market’
A majority of the units proposed at 1395-1405 Washington St. in the South End will range in size from 500 to 1,000 square feet. Read More
Read MoreLawmakers pass bills extending paid COVID-19 leave program through winter
Finalized in May, the law grants all employees access to emergency leave for up to five paid days off for COVID-related concerns, including paid leave from work to attend a vaccine appointment. Read More
Read MoreCambridge AI startup Akkio gets seed funding led by Bain Capital
Akkio, a Cambridge startup building a "no code" AI platform, received $3 million in seed funding led by Bain Capital. Read More
Read MoreAcceleron stock surges on news of potential $11B acquisition
Acceleron Pharma shares are climbing on the news that the company is in advanced talks to be acquired for about $11 billion. Bloomberg reported over the weekend that a major pharmaceutical company is interested in buying the firm, which is headquartered in Cambridge. Read More
Read MoreCitizens names a new Massachusetts president
The veteran banker is one of the first women to lead a major lender’s operations in the Bay State. Read More
Read More