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Life Sciences

Waters Corp. to acquire California medical tech company for $1.4B

Waters Corp. in Milford plans to acquire light scattering technology company Wyatt Technology Corp. for $1.36 billion in cash. The deal is expected to close in the second quarter of 2023.

QCC, Worcester State receive MBI grants to diversify, educate life science workforce

Two Worcester colleges and a magnet school have received grants from the Massachusetts Biomedical Initiatives incubator to fund programs to help increase the diversity in the life sciences workforce and help solve some of the industry’s future workforce needs.

Natick cancer-detecting firm names new CEO

Mercy BioAnalytics, Inc. promoted its chief operating officer, Dawn Mattoon, to the CEO position. Former CEO and Co-founder Paul Blavin transitioned to vice chairman of the board.

Insulet makes second $25M acquisition of diabetes technology

Acton-based Insulet, a medical device firm specializing in diabetes treatment, has acquired $25 million in assets from Automated Glucose Control LLC in California.
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Insulet acquires technology from Calif. diabetes firm for $25M

Acton medical device firm Insulet has acquired $25 million of diabetes pump technology from California-based Bigfoot Biomedical, nearly doubling Insulet’s intellectual property.

Holy Cross grad aims to lead Phio Pharmaceuticals cancer research into clinical development

Marlborough biopharma Phio Pharmaceuticals is ushering in a new strategic plan seeking to reposition the company from pure discovery research to full development, utilizing clinical trials.

In Harvard partnership, WPI professor used AI to predict suicidal behavior

A Worcester Polytechnic Institute professor of computer science led a team of researchers on a study using artificial intelligence to better predict suicide risk in women.

🔒Brilliant move: Jordan eyes seamless transition, new priorities as she ascends to top of Seven Hills

When Kathleen Jordan took a job at her university’s advancement office, she could not have predicted it would be the beginning of a decades-long career in fundraising.
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Hologic profits fall 63% in the first quarter

Marlborough medical technology company Hologic Inc., reported a decrease in profits of 62.5%, to $187 million, in the first quarter of 2023, which in the same period of the previous year was $499 million.

Boston Scientific profits fell 33% in 2022

The annual profits at Boston Scientific, a Marlborough medical device manufacturer, dropped to $698 million in 2022, down from $1.04 billion in 2021.
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