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Archive for December 2023

Bristol Myers to buy Boston biotech in $14B deal

By ericg | December 22, 2023

Drug giant Bristol Myers Squibb has agreed to acquire a Boston drug developer in a deal valued at $14 billion, a 53% premium to the biotech’s previous market value. Read More

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Submit your nominations for Boston’s 2024 Inno Madness bracket challenge

By ericg | December 22, 2023

Inno Madness is a friendly competition, designed to showcase the local innovation scene’s best and brightest. BostInno compiles brackets of companies and readers vote to advance their favorites through six rounds. Read More

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Year in Review: In retail, 2023 brought more empty big box stores

By ericg | December 22, 2023

More than 30 Bed Bath & Beyond and Christmas Tree Shops locations in Massachusetts have closed, giving fresh challenges to retail plazas across the region. Here’s a look at where they are. Read More

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Year in Review: In higher ed, 2023 was a year of new leaders and big legal shifts

By ericg | December 22, 2023

Higher education faced its most consequential changes in recent memory this year when the U.S. Supreme Court ruled that affirmative action was unconstitutional, then many campuses were riven by the war in Gaza and Israel. Read More

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Five things to know: Newbury Street retail, cannabis news, and your personal ‘year in review’

By ericg | December 22, 2023

Good morning. Here are the five things you need to know in Boston business news to start your day, including Newbury Street retail, cannabis news, a videogame company lease, and your personal "year in review" Read More

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Mass. fiscal group, municipal politicians press for more tax relief

By ericg | December 22, 2023

Municipal officials pleaded with Beacon Hill lawmakers Thursday to pursue broader tax cuts in the new year. Read More

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Mass. cannabis chain Theory Wellness goes employee-owned

By ericg | December 22, 2023

Theory Wellness has become the state’s first employee-owned cannabis company, and the largest cannabis company nationally to execute an employee stock ownership plan. Read More

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Allurion’s SPAC deal came amid renewed attention on weight loss

By ericg | December 22, 2023

Allurion Technologies reached a milestone this year when the Natick maker of a weight-loss balloon went public via SPAC deal. It happened to come at a time when everyone was paying attention to high-profile weight-loss treatments. Read More

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Scape scores $178M in refinancing for Fenway apartment building

By ericg | December 21, 2023

The real estate firm opened leasing at the Boylston Street complex about a year ago. Read More

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Return of IPOs, fewer unicorns and more startup predictions for 2024

By ericg | December 21, 2023

What’s in store for startups in 2024? An increase in public offerings, a renewed appetite from large corporations in startup investing and fewer active "unicorn" startups with billion-dollar valuations. Read More

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