Archive for September 2023
Google’s investment arm leads $210M raise for biotech partnered with Takeda, Lilly
Nimbus Therapeutics LLC has new investment from none other than GV, the investment arm affiliated with Google. Read More
Read MoreGoodwin implemented an in-office tracking tool. Not everyone is happy.
Law firm Goodwin Procter rolled out a new system last week for its staff to track where they will be working from. While the firm’s public intention is to “make it easier for [staffers] to connect,” not all staff were too happy with the position. Read More
Read MoreApellis’ Waltham office to lose 175 in layoffs
Apellis Pharmaceuticals Inc. will lose 175 employees at its Waltham headquarters as part of broader layoffs announced last month. Read More
Read MoreMore out-of-state abortion patients are coming to Massachusetts post-Dobbs, Brigham study confirms
A Brigham study published Wednesday reported an increase in the number of out-of-state abortion patients coming to Massachusetts, as well as an increase in nonprofit funding to cover the costs. Read More
Read MoreBoston’s Battery Ventures acquires Bethesda cyber firm’s SaaS division
Battery Ventures announced Tuesday that it has acquired GrammaTech’s software-as-a-service unit and established a new company, CodeSecure Inc., that will focus on providing cybersecurity software to clients in the private sector. Read More
Read MoreEmptying office buildings bring back memories of mall failures
Outdated office buildings are facing a reckoning of relevance, just as many malls did in the 2000s, 2010s and even today. Read More
Read MoreStruggling medical device firm Conformis acquired by Duke spinout
North Carolina-based medical device firm restor3d has completed its acquisition of struggling Billerica medical device firm Conformis. Read More
Read MoreFive things: Mass. biopharma jobs, Toast’s new CEO, the CCC’s chaos and Gen X’s disillusionment at work
Good morning, Boston. Happy National Read A Book Day. Here are the five things you need to know in Boston business news to start your Wednesday. Read More
Read MoreWhich banks opened (or closed) branches in Massachusetts in August?
The only branches to close in the month of August came from one Boston-based bank: Santander Bank. Meanwhile, JPMorgan Chase is continuing an aggressive opening strategy. Read More
Read MoreAs Needham biotech struggles with FDA, patients with an ultra-rare disease are waiting
A drug made by a Needham-based biotech company called Stealth BioTherapeutics Inc. is a last-ditch source of hope for many patients. But it faces an uncertain future — as does its maker. For patient advocates, a back-and-forth between the FDA and a Needham biotech illustrates a major gap for patients with ultra-rare diseases. Read More
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