Holliston medical device maker Harvard Bioscience is set to acquire a Minnesota biomedical firm for $70 million, simultaneous to a $20-million sale of Harvard's subsidiary Denville Scientific.
What's it like to bring a company back to life after near bankruptcy? Jim McGorry, CEO of Holliston biotech Biostage, explains how the company never lost faith.
Holliston-based Biostage announced Wednesday the closing of a $4.2-million private investment primarily with a Chinese investment group and a Connecticut children's hospital.
In order to complete a $4-million deal with a private investor and save the company from insolvency, Holliston biotech Biostage has performed a 20:1 reverse stock split.
RXi Pharmaceuticals, a clinical-stage drug company based in Marlborough, announced positive results from a clinical trial of its lead drug candidate, RXI-109.
After being delisted on NASDAQ last week, Holliston biotech Biostage has laid off 17 of its 24 employees, a 71-percent reduction, the company announced Thursday.
Marlborough medical device manufacturer Boston Scientific has closed on the $300-million purchase of a privately-held California medical device company.
Life sciences analystics technology firm SCIEX announced last week the appointment of Inese Lowenstein as the Framingham-based company's new president.