Archive for December 2023
Bristol Myers to buy Boston biotech in $14B deal
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
Read MoreSubmit your nominations for Boston’s 2024 Inno Madness bracket challenge
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
Read MoreYear in Review: In retail, 2023 brought more empty big box stores
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
Read MoreYear in Review: In higher ed, 2023 was a year of new leaders and big legal shifts
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
Read MoreFive things to know: Newbury Street retail, cannabis news, and your personal ‘year in review’
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
Read MoreMass. fiscal group, municipal politicians press for more tax relief
Municipal officials pleaded with Beacon Hill lawmakers Thursday to pursue broader tax cuts in the new year. Read More
Read MoreMass. cannabis chain Theory Wellness goes employee-owned
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
Read MoreAllurion’s SPAC deal came amid renewed attention on weight loss
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
Read MoreScape scores $178M in refinancing for Fenway apartment building
The real estate firm opened leasing at the Boylston Street complex about a year ago. Read More
Read MoreReturn of IPOs, fewer unicorns and more startup predictions for 2024
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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