Archive for August 2023
Amylyx’s new ALS drug has turned a profit for six months straight
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
Read MoreThe Playbook: The ‘new normal’ for pay raises and a surprising disconnect on AI
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
Read MoreCannabis or bust: Strip club owners aren’t giving up on their topless pot spot
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
Read MoreMass General Brigham continues economic recovery after years of financial stress
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
Read MoreBurlington Mall adds two new stores, and other retail news
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
Read MoreWith Amazon Clinic now available in 50 states, Mass. health providers urge caution
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
Read MoreHenrietta Lacks’ estate sues Ultragenyx over Mass.-made gene therapies
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
Read MoreUMass Lowell establishes center for satellite, spacecraft work
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
Read MoreFrom East Boston High to the corner office: Recent BPS grad was Vertex CEO’s first-ever intern
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
Read MoreThe CROWN Act bans hair discrimination. Here’s why supporters say it’s needed.
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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