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Life Sciences

Lakepharma aiding in coronavirus antibody and diagnostic development

California biologics company LakePharma, with operations in Hopkinton and Worcester, has announced it is making versions of purified COVID-19 proteins available to the biotech community for use in antibody and diagnostic development.

Movers & Shakers for March 30, 2020

New hires and promotions at companies like AAFCPAs in Westborough, Bryley Sytems in Clinton, Concierge Physical Therapy in Sutton, Reliant Medical Group and Framingham State University.

Harvard Bioscience launches technology to help find coronavirus cure

Holliston biotechnology firm Harvard Bioscience, Inc. has developed a new technology to provide researchers with real-time access to aerosol amounts deposited inside subjects' lungs, the company said in a press release.

FDA emergency authorizes Hologic’s coronavirus test

A test for the novel coronavirus run on the Panther system from Marlborough medical device manufacturer Hologic has received Emergency Use Authorization from the U.S. Food and Drug Administration.
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Worcester board recommends $11.5M WuXi tax break

The Worcester City Council's economic development committee has recommended the full council approve a $11.5-million tax break for a proposed biomanufacturing facility by WuXi Biologics.

Waters launches new efficiency lab products

Waters Corp., a Milford manufacturer of lab equipment, announced new pieces of equipment at sciences conference Pittcon 2020 in Chicago.

Harvard Bioscience laying off 10% of its workforce, closing Conn. operations

In its fourth-quarter earnings report released Wednesday, Holliston biotech Harvard Bioscience announced it has started a restructuring program expected to save about $4 million, including laying off workers and closing its facilities.

Insulet stock slides following strong earnings report

Acton manufacturer of wearable insulin management systems Insulet reported strong numbers for the fourth quarter of 2019 and for the year, but they were not up to analyst expectations and the stock slid down nearly 5% in early morning training Wednesday.
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WuXi seeks $11.5M tax break for $60M Worcester facility

The Worcester city administration is recommending the City Council on Tuesday approve a $11.5-million tax break to benefit WuXi Biologics, a firm planning a biomanufacturing facility off Belmont Street.

Spring Bank’s 2019 included patient trial death & $24M loss

Hopkinton biopharmaceutical company Spring Bank Pharmaceuticals reported increased losses in the fourth quarter, in the first report since the company announced it would cease development of a treatment for chronic hepatitis B after a patient died during a trial.
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