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Life Sciences

Natick investment firm raises $260M for life science companies

ORI shares a Natick office with AffyImmune Therapeutics, a company in ORI’s portfolio that received $30 million from the firm in 2021.

Biomedical firm with Marlborough location hires new CEO

Bruning, who has served on StageBio’s board of directors for the previous five years, has more than 25 years of experience with companies providing preclinical testing services.

Boston Scientific receives FDA approval for opioid-alternate back pain treatment

Marlborough medical technology firm Boston Scientific has received approval from the U.S. Food and Drug Administration for its WaveWriter Alpha spinal cord stimulator device to be used to treat low back and leg pain deriving from a condition referred to as non-surgical back pain. 

Hologic expects layoffs at international facilities in 2024, totaling up to $8M in severance

The filing didn’t specify where or when the layoffs would take place, except they are part of a restructuring of its diagnostics division, which has been losing money due to a drop in sale of COVID tests.
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North Central chamber launches Manufacturing Council in attempt to strengthen sector

In the wake of a survey showing manufacturing companies are losing confidence in the state’s current business climate, the North Central Massachusetts Chamber of Commerce has launched the Manufacturing Council of North Central Massachusetts in an effort to enhance the organization’s support of the industry.

🔒Steady, but too SLOW: Less than 16% of top executives and zero CEOs at major Central Mass. publicly traded companies are women

The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.

U.S. head of German drug manufacturer sees further growth in Milford 

Though the name of the client and the cancer treatment it produces is confidential, Rentschler Biopharma's Tom Roberts says this is just the first in a new wave of business in Milford for the 150-year-old company. 

Following acquisition, ReWalk rebrands to new name to reflect broader offerings

The company said the rebranding was made to reflect the growth and evolution of the 23-year old firm.
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Former Insulet CEO to retire from company board of directors

Acton medical device manufacturer Insulet has made a number of changes to its board, including the retirement of its former leader.

Marlborough-based robotic mobility company expands sales into Canada

ReWalk is expanding direct sales of its exoskeleton devices into Canada.
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