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Archive for August 2023

Amylyx’s new ALS drug has turned a profit for six months straight

By ericg | August 14, 2023

Since its U.S. approval last fall, Relyvrio, the amyotrophic lateral sclerosis drug made by Amylyx Pharmaceuticals Inc., has turned its maker into a profitable company — and kept that streak going for six months straight. Read More

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The Playbook: The ‘new normal’ for pay raises and a surprising disconnect on AI

By ericg | August 14, 2023

The new normal for pay raises is coming into focus. Employees have some surprising thoughts about how their companies are approaching AI. We tackle those stories and more in this week’s Playbook Edition. Read More

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Cannabis or bust: Strip club owners aren’t giving up on their topless pot spot

By ericg | August 13, 2023

Two Mass. strip-club owners have switched up their idea for a topless cannabis dispensary, but their business plan hasn’t burnt out entirely. Here’s the latest. Read More

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Mass General Brigham continues economic recovery after years of financial stress

By ericg | August 11, 2023

Mass General Brigham has made more progress in its recovery attempts after the financial bloodletting that followed the past few years of economic challenges, reporting an overall gain of $437 million for its most recent third quarter. Read More

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Burlington Mall adds two new stores, and other retail news

By ericg | August 11, 2023

The latest Greater Boston retail and restaurant news roundup includes Burlington Mall’s new tenants, Patrice Bergeron and Night Shift Brewing’s new pilsner, Douglass Williams’ new restaurant in Eastie and Alamo Drafthouse’s latest plans. Read More

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With Amazon Clinic now available in 50 states, Mass. health providers urge caution

By ericg | August 11, 2023

With Amazon Clinic now in 50 states, Massachusetts healthcare providers are wary of private companies staking claim in virtual healthcare and telehealth in the Bay State and are stressing the importance of preserving locally based care. Read More

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Henrietta Lacks’ estate sues Ultragenyx over Mass.-made gene therapies

By ericg | August 11, 2023

Days after settling a lawsuit with Thermo Fisher Scientific over the use of their ancestor’s cells, Henrietta Lacks’ descendants have sued a second biopharma with Massachusetts operations. Read More

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UMass Lowell establishes center for satellite, spacecraft work

By ericg | August 11, 2023

UMass Lowell has secured $5.5 million to develop a center on campus for the design, building and testing of small satellites and spacecraft components. Read More

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From East Boston High to the corner office: Recent BPS grad was Vertex CEO’s first-ever intern

By ericg | August 11, 2023

For 12 years, Vertex has hosted students through Boston Public Schools’ annual summer intern program. But, this was the first summer that Vertex CEO Reshma Kewalramani had her own intern. Read More

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The CROWN Act bans hair discrimination. Here’s why supporters say it’s needed.

By ericg | August 11, 2023

Versions of the anti-hair-discrimination CROWN Act have been passed in 24 states, including Massachusetts. Here’s what it means and why supporters say it’s necessary. Read More

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