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Archive for February 2024

Commentary: The small-molecule ‘penalty’ is a threat to Mass. biotech sector

By ericg | February 9, 2024

The Inflation Reduction Act inadvertently introduced a change in drug-development incentives that could result in distorted decisions about which treatments get developed. Read More

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Foghorn gets $300M plus investment from Lilly under cancer drug partnership

By ericg | February 8, 2024

Foghorn Therapeutics saw its stock price soar on Thursday following the news that its collaboration with Loxo Oncology at Lilly, a research and development group of Eli Lilly and Company, was bearing fruit. Read More

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Foghorn’s shares rise after Lilly chooses cancer drug for development

By ericg | February 8, 2024

Foghorn Therapeutics saw its stock price soar on Thursday following the news that its collaboration with Loxo Oncology at Lilly, a research and development group of Eli Lilly and Company, was bearing fruit. Read More

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IRS seeks information from small businesses that received ERC — and offers a way out

By ericg | February 8, 2024

The new batch of letters shows how the agency is working every angle to combat fraud in the lucrative tax-credit program. Read More

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Boston-based sports apparel brand signs licensing deal with NASCAR

By ericg | February 8, 2024

The deal, announced this week, includes ‘47 headwear and apparel for NASCAR team properties, including NASCAR-owned tracks and teams. Read More

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Startups to Watch: 35 companies poised for growth in the coming years

By ericg | February 8, 2024

American Inno has unveiled its Startups to Watch for 2024 featuring 35 startups you should have on your radar this year. Read More

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Vertex co-founder Josh Boger joins Boston biotech working on dementia drug

By ericg | February 8, 2024

Boger told the Business Journal that this Boston biotech offers “the best hope for a meaningful intervention in dementia of any kind.” Read More

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Citizens aims to strengthen private banking business with new hires

By ericg | February 8, 2024

Citizens Bank has bolstered its growth in the wealth management and private banking business with two new executive hires, including a former First Republic executive. Read More

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Andrew Dreyfus, former Blue Cross CEO, joins Octave board of directors

By ericg | February 8, 2024

Andrew Dreyfus was the CEO of BCBSMA for 12 years before stepping down at the end of 2022. He is now on the Octave board of directors. Read More

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Fidelity’s revenue growth accelerates in 2023

By ericg | February 8, 2024

Boston-based Fidelity Investments increased its revenue much faster last year than in 2022, hitting a record high. Read More

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