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Life Sciences

Bristol Myers-Squibb to acquire Celgene for $74B

Bristol-Myers Squibb, with a biologics development facility in Devens, is purchasing New Jersey-based Celgene Corp. for $74 billion.

Mustang Bio to process rare cancer drug in Worcester

New York biotech Mustang Bio is already putting its new Worcester facility to use.

Boston Scientific claims $35M+ victory in patent dispute

A U.S. federal court has ruled a California medical device company's heart valve system infringes on a similar device from Marlborough-based Boston Scientific.

Massachusetts court grants Hologic preliminary injunction in IP suit

Massachusetts Superior Court has granted Marlborough medical device maker Hologic a preliminary injunction against a Chinese X-ray company.
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WPI team developing bacteria biosensor

A team of researchers at Worcester Polytechnic Institute hope to develop a biosensor that doctors and nurses can use to detect a dangerous gastrointestinal infection.

Mustang Bio completes Worcester lab

Mustang Bio, a clinical-stage pharmaceutical company working on technology that can help fight cancer, has completed construction of its Worcester laboratories.

Biostage names three new directors, cuts net loss

Holliston biotech startup Biostage has added three new members to its board of directors simultaneous to its third-quarter earnings report showing a slower cash burn.

Harvard Bioscience names new CFO

Harvard Bioscience has appointed biotech finance veteran Kam Unninayar to replace the departed Robert Gagnon.
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RXi Pharmaceuticals eyes $15M from investors via public offering

Marlborough's fledgling drugmaker RXi Pharmaceuticals is hoping to raise about $15 million via a public offering in which it hopes to sell at least 21.4 million of its shares.

Precision Optics narrows losses by 65%

Gardner manufacturer of advanced optical equipment Precision Optics has reduced its losses in fiscal 2018 by more than 65 percent, according to its fiscal year end earnings report.
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