Archive for January 2024
Spurred by Abiomed deal, J&J medtech business grows in 2023
Despite Abiomed’s recent troubles with the U.S. Food and Drug Administration, including a partial recall and warning letter from the agency, the Danvers medical device firm boosted Johnson & Johnson’s medtech business one year after being acquired by the pharma giant. Read More
Read MoreTravel tech startup is the latest to get funded by SoftBank
Just over 20 people report to TravelPerk’s Boston office, which opened in March 2022. Read More
Read MoreBU raises $51M for new institute to study the role of business in society
The new institute at Boston University’s Questrom School of Business will explore how business benefits society and individual prosperity. Read More
Read MoreLongtime Lantheus CEO Mary Anne Heino to retire, successor named
Mary Anne Heino, who has led Lantheus Holdings Inc. for the past nine years, plans to retire as CEO of the radiopharmaceutical-focused company. Read More
Read MoreGoTo cuts 29 roles in Mass. to ‘reduce organizational complexity’
The layoffs came approximately at the same time last week GoTo announced the promotion of its CFO Rich Veldran to CEO, the company’s third chief executive in two years. Read More
Read MoreMass. child-development startup raises $1.3M pre-seed funding
Jen Wirt struggled to find developmental therapists for her own children. Now, she’s raising money for a startup to make finding them easier. Read More
Read MoreRTX records jump in Q4 sales, but lowers estimates for 2024
The aerospace and defense giant continues an inspection drive related to its Pratt & Whitney unit. Read More
Read MoreGE: Vernova, Aerospace ‘ready to go’ as separate companies
The Boston-based company is ready to spin off GE Vernova and launch GE Aerospace in early April, according to the company’s latest earnings presentation. Read More
Read MoreWith $116M Series D, cybersecurity founder charts path to IPO
The firm’s co-founder and CEO says he has secured all the funding needed to take it public. But first, he plans to grow the company through hiring and acquisitions. Read More
Read MoreFive things: High drug prices, engineering pay, and a view of our economic future
Good morning! Here are the five things you need to know in Boston business news to start your Tuesday, from engineering pay and high drug prices to restaurant jobs and peering into the economic looking glass. Read More
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