Life Sciences

Milford-based biotech Nitto Denko Avecia purchased two properties abutting its headquarters on Fortune Boulevard for $14.5 million.

Precisionary Instruments purchased a 12,000-square-foot flex unit in Ashland to relocate its headquarters from Natick.

Marlborough-based Akoya Biosciences posted a 26.6% increase in quarterly revenue in the first quarter compared to the same period last year, at $21.4 million.

Acton-based diabetes equipment manufacturer Insulet has reorganized its executive structure amid a 21% gain in first-quarter revenue. Jim Hollingshead will continue to lead the company as president and CEO.

Sunovion Pharmaceuticals and two other subsidiaries of the soon-to-be-combined Marlborough drugmaker Sumitomo Pharma America will lay off 223 workers as their Japanese parent company restructures the entire organization in America.

Marlborough medical technology company Hologic Inc. reported a 28.5% decrease in revenue in the second quarter, as compared to the same time period last year.

Milford life sciences equipment manufacturer Waters Corp. is among the top 10 companies in the state for gender diversity in executive leadership.

Cambridge-based drug manufacturer Moderna, Inc. has purchased a 140,000-square-foot biomanufacturing facility at 149 Hayes Memorial Drive in Marlborough.

Marlborough company Sunovion Pharmaceuticals Inc. has begun its in-human clinical trials for a drug to treat generalized anxiety disorder.

Spheric Bio, a Cambridge company developing a 3D heart implant to help prevent strokes, was awarded $50,000 for winning the M2D2 Challenge, a partnership between UMass Chan Medical School and UMass Lowell.