Archive for July 2023
Two Mass. biotech startups undergo restructuring as industry funding wanes
Two Boston biotechs have implemented restructuring plans, one to extend cash runway and the other to change its geographic focus. Read More
Read MoreFund created to support cannabis equity businesses has $0 a year later
A year after the Legislature passed a law creating the Cannabis Social Equity Trust Fund, the fund remains empty. Read More
Read MoreLocal businesses are contracted to work with upcoming NAACP convention
Several local businesses are contracted for the upcoming NAACP convention in Boston’s Seaport District. They’re hoping their efforts to link with other minority-owned businesses will create a domino effect that reverberates across the city. Read More
Read MorePathAI, one of Massachusetts’ largest healthtech companies, cuts 87 jobs
Last year, PathAI ranked seventh on the Business Journal’s list of largest healthtech companies in Massachusetts. The Boston company reported it had 681 employees with 295 based in the state. Read More
Read MoreBusiness owners can take these steps to brace for a UPS strike and supply chain disruptions
The surge of e-commerce makes a looming strike by UPS workers even more problematic than it would have been in years past. Read More
Read MoreCannabis dispensary on Lansdowne Street to open on Saturday
Boston’s newest dispensary is set to open steps outside of Fenway Park. Read More
Read MoreMass. jobless rate at 2.6% amid labor squeeze
Massachusetts employers shed jobs in June for the first time in several months, while the overall unemployment rate ticked downward one-fifth of a percentage point to 2.6 percent, labor officials said Friday. Read More
Read MoreSouthcoast Health chooses Brigham and Women’s Faulkner Hospital president as next CEO
David McCready joins Southcoast Health from Brigham and Women’s Faulkner Hospital, where he has served as president since 2018. Read More
Read MoreFormer Baupost Group analyst builds generative AI research assistant for investors
Portrait Analytics raised $7 million in new funding to bring its machine learning technology into the investment world. Read More
Read More‘An incredibly complicated job’: VideaHealth CEO on how AI can help dentists
With software that’s FDA-cleared to scan for cavities and gum disease, CEO and founder Florian Hillen said that the program can help busy dentists detect issues faster. Read More
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