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Life Sciences

California biotech buys $11M Marlborough warehouse with plans for $9M expansion 

Bioscience firm National Resilience, Inc. has purchased an eight-acre property in Marlborough for $11 million, as it is in the process of constructing an expanded facility on the site, according to the Middlesex South District Registry of Deeds.

ReWalk Robotics revenue drops in first quarter

ReWalk Robotics reported decreases in revenue and losses in the first quarter, driven in part by COVID-related processing limitations.

Two UMass Chan teams receive $50K for bacteria, autism research

Two teams of researchers at the UMass Chan Medical School have received $25,000 apiece to help fund ongoing technology products and bring them closer to the market.

MBI incubator to expand again, following $7M Briden St. purchase

Massachusetts Biomedical Initiatives will break ground Wednesday morning on an expanded biomanufacturing center in Worcester after purchasing the property for more than $7.1 million.
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Lab space and 41K-sq.-ft. expansion planned for former Neiman Marcus unit at Natick Mall

At a Wednesday night planning board meeting in Natick, developers detailed plans for the Natick Mall’s former Neiman Marcus department store, which Boston real estate firm The Bulfinch Cos. bought for $12.6 million late last year.

WBJ event: Manufacturers discuss meeting crises with innovation

Central Massachusetts manufacturers must rise to meet demand and the challenges of the current crisis, using innovation and partners, according to a slate of experts at Worcester Business Journal's Central Mass Manufacturing Summit & Awards event Thursday at the College of the Holy Cross in Worcester.

Marlborough biotech firm CEO steps down

The president and CEO of Marlborough biotech company Phio Pharmaceuticals Corp., Gerrit Dispersyn, is stepping down from his role, the firm announced Thursday.

Waters Corp., University of Delaware to open new laboratory

The University of Delaware and the Milford-based Waters Corp. will launch a new innovation and research laboratory for the company on the university’s campus. 
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🔒Power 50: The most influential professionals of 2022

The Power 50 may not necessarily hold the most power in the region, but they are the people who most effectively wielded their power to have an outsized influence on the economy and the community within the last year.

Boston Scientific profits drop to $110M in the first quarter

The $110 million in net income is a decrease from the $341 million in profits Boston Scientific earned in the first quarter of 2021, despite revenues increasing to $3 billion from $2.8 billion between the two quarters.
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