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Life Sciences

Mass. life science industry on track to increase investment 30%

The coronavirus pandemic hasn't stopped the Massachusetts biopharmaceutical industry from raising venture capital. In fact, the industry raised far more in the first half this year than it did the first six months of 2019, according to a report released Tuesday.

Enrich Therapeutics secures $320K in seed funding

Biotech company Enrich Therapeutics Inc. of Worcester and Groton, Conn., has secured $320,000 in seed funding, the two-year-old company announced on Friday.

Waters Corp. names Udit Batra as new CEO and president

Udit Batra, the head of the Boston life sciences division of a German company, will replace outgoing Waters Corp. CEO and president Christopher O’Connell in September, the Milford health software company announced on Wednesday. 

Q&A: Inside Web Industries’ mission to produce 2 million COVID-19 tests a week

Kevin Young, Web Industries vice president of the company's medical device manufacturing business, spoke with WBJ about what it's like to expand during a pandemic and why the company decided to beef up its Holliston operations. 
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🔒Stock market volatility complicates investment advice

It’s been a worrying few months financially since the coronavirus pandemic hit in March – and that’s for those who’ve kept their job or their business in operation.

MassBio says 85 Bay State companies now working on COVID-19 treatments

The Massachusetts Biotechnology Council sees the state's life sciences industry as more important than ever, with what it says are more than 85 companies working on tests, treatments and vaccines related to the coronavirus pandemic.

Swiss biotech to create 100 jobs with new Framingham manufacturing facility

CRISPR Therapeutics, a Switzerland-based biopharmaceutical gene editing company, has announced it is building a new cell therapy manufacturing facility in Framingham.

Insulet to power headquarters, manufacturing facility with solar power

Acton medical device company Insulet will begin powering its corporate headquarters and manufacturing facility with solar energy, the company announced on Wednesday.
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Workhuman, valued at $1.2B, becomes a unicorn

Human resources technology company Workhuman, co-headquartered in Framingham and Dublin, Ireland, has been valued at $1.2 billion, officially making it a so-called unicorn company, according to its press release.

Biostage CEO resigns, receives six-months severance pay

James McGorry resigned as CEO of Holliston biotechnology company Biostage, Inc., officially leaving his position on Feb. 7, according to a company quarterly earnings report released in May. 
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