Archive for May 2022
MGB reports $200M loss in Q2 due to omicron, staffing shortages
Operating expenses at the state’s largest employer were driven up by wage increases, employee benefits and clinical supplies costs. Read More
Read MoreOnce a Sears, CambridgeSide site is now fully leased to biotechs
Korro Bio has signed a lease for the second floor of the redevelopment, with Prime Medicine to take the top three floors. Read More
Read MoreNight Shift will open four new beer gardens this summer
The Everett brewery is adding four new locations this year. Read More
Read MoreStock rebound uncertain for U.S. biotechs as risks multiply for investors
U.S. biotechs and other health care stocks accounted for about 11% of all losses in U.S. equity values during the five-month period analyzed by The Business Journals. Read More
Read MoreJudge halts enforcement of state rule limiting nursing home rooms to 2 beds
A Superior Court judge has temporarily halted the state’s enforcement of a new regulation barring nursing homes from having more than two patients in one room. Read More
Read MoreLocal health tech company buys platform co-founded by Talking Heads keyboardist
An equity crowdfunding platform co-founded by Jerry Harrison, who once played with the Modern Lovers, has been acquired by a Framingham-based health care firm called Alira Health. Read More
Read MoreHere’s what Klaviyo’s new CFO plans for the marketing tech unicorn
When asked aboutKlaviyo’s plans for a potential IPO, new CFO Amanda Whalen kept her answer short and open to interpretation. Read More
Read MoreViewpoint: Small businesses of color need our support to recover
Viewpoint: A call for the commitment of $300 million to specifically support small business relief and Recovery particularly for businesses owned by Black, Latinx, immigrant and low-income entrepreneurs. Read More
Read MoreTeak Media founder on helping companies be ‘authentic’
Jackie Herskovitz Russell was ahead of her time when she decided to launch the Boston-based public relations firm Teak Media + Communication. Read More
Read MoreViewpoint: Long-overlooked killer needs attention, funding
Viewpoint: Brain aneurysms impact almost 7 million Americans each year. But currently, the federal government spends little more than $2 on research each year for every person affected by a brain aneurysm. Read More
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