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Archive for August 2023

City council lends support to union push at Dorchester health center

By ericg | August 31, 2023

Councillors passed a resolution supporting the 300 workers, who are pushing to join the 1199SEIU United Healthcare Workers East. Read More

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With financing in place, 210-unit Waltham project moves forward

By ericg | August 31, 2023

Construction is imminent on a 210-unit residential development on the northern edge of downtown Waltham after the developer closed on a construction loan. Read More

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As office returns ramp up, workers are commuting more — and it’s costing them

By ericg | August 31, 2023

Companies are clamping down on remote work, which means commuting is back on the rise — but there’s a cost to companies and businesses alike. Read More

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Pegasystems to cut 4% of its workforce for the 2nd time this year

By ericg | August 31, 2023

The cuts are estimated to impact approximately 240 roles, leaving the company with about 5,500 people globally. Read More

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Struggling Newton biotech Acer Therapeutics scooped up by Florida firm

By ericg | August 31, 2023

Celebration, Florida’s Zevra Therapeutics Inc. is set to buy Acer Therapeutics Inc. in a deal worth up to $91 million. Read More

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Starry is emerging from bankruptcy with focus on profitability

By ericg | August 31, 2023

Starry filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in February this year. Read More

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National Beat: How seed deals are changing, why startups should hoard cash now and startups to watch

By ericg | August 31, 2023

In the National Beat, we’re detailing how seed deals have changed since 2020, a cybersecurity startup’s $110 million fundraise, and how one startup is disrupting warehouses with a human-like robot. Read More

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Sage cuts nearly half its staff in wake of partial FDA rejection

By ericg | August 31, 2023

Sage Therapeutics is letting go of around 276 workers following some mixed news from the U.S. Food and Drug Administration. Read More

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As Delaware North’s new EVP/COO, Latimer will take another big step to run global operations

By ericg | August 31, 2023

In her new position, Amy Latimer will oversee Delaware North’s global business operations at more than 200 high-profile locations across sports and entertainment venues, national and state parks, destination resorts and restaurants, airports and more. Read More

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The Petri Dish: Boston Scientific device succeeds in trial, Sanofi vet joins Flagship

By ericg | August 31, 2023

Cambridge venture firm Flagship Pioneering hired David Khougazian away from Sanofi ADR (Nasdaq: SNY) this week, bringing him on as a new growth partner. Khougazian had been with Sanofi since 2008, when he started as the general manager for the French pharmaceutical firm’s Slovenian business. He was, for a time, chief of staff to Christopher…

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