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FDA approves Hologic artificial intelligence mammograms

Marlborough medical device maker Hologic announced Tuesday it has received U.S. Food & Drug Administration approval for its 3DQuorum Imaging Technology to reduces image interpretation time.

Orlando firm buys Auburn BJ’s property for $14M

Real estate firm National Retail Properties of Orlando, Fla. purchased for $14.4 million the land and building housing the BJ's Wholesale Club on Route 20 in Auburn.

WPI to develop underground bomb-detecting bacteria for Raytheon

Waltham defense contractor Raytheon has partnered with Worcester Polytechnic Institute to develop bacterial strains to detect buried explosives by glowing if they find any.

Hanover Insurance develops new financial institution coverage

The Hanover Insurance Group of Worcester has launched a new solution for financial institutions with the goal of serving small to midsize asset managers.
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Phio Pharma stocks tumble after 40% increase in losses

Marlborough drugmaker Phio Pharmaceuticals' stock took a tumble Tuesday morning after a third quarter earnings report showing increased losses.

Worcester considers $2.4M tax break on Washington Square hotel

The Worcester City Council on Wednesday will consider a proposed 10-year tax increment financing plan for the upcoming 105-room hotel in Washington Square, would save the hotel’s owners $2.4 million.

Imperial Distributors, Karl Storz warehouse refinanced for $15M

New York City real estate investment firm Rabina Properties has refinanced its Auburn industrial warehouse for $15 million, according to Worcester real estate firm Kelleher & Sadowsky, which arranged the deal.

Transformation of former MetroWest Daily News facility on schedule

The buildout of a 63,000-square-foot Framingham facility by Woburn biotech Replimune is on schedule, with the company having received an occupancy permit and begun transferring technology to the site.
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Natick president named head of subcontractor’s association

Peter Gormley, president of New England Waterproofing, Inc. of Natick, has been elected president of the Associated Subcontractors of Massachusetts for the 2020-2021 term.

Process Cooling Systems opens new Leominster headquarters

Process Cooling Systems held a ceremony Thursday marking the completion of the company’s new headquarters and manufacturing facility in Leominster.
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