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Life Sciences

FDA reveals HeartWare warning

Federal regulators released a letter that accuses Framingham-based HeartWare International of design and software malfunctions that might have resulted in serious injuries and death.

Marlborough’s ACT lands $30M in capital

Marlborough biotech firm Advanced Cell Technology said it has picked up $30 million in capital through a common stock purchase agreement with a Chicago-based investment firm. The deal, with Lincoln Park Capital Fund, gives Advanced Cell (ACT) another funding option to grow its business “without creating complications in our capital structure” as the company pushes for long-term, “fundamental-based institutional capital.” interim president, CEO and COO Ted Myles said in a statement.

RXi Pharmaceuticals to celebrate Marlborough expansion

RXi Pharmaceuticals announced it will officially open its new office and laboratory in the Marlborough Technology Center on July 9.

Karyopharm trades Natick HQ for Newton address

Karyopharm Therapeutics, the Natick-based biotechnology startup that's developing new cancer treatments for people and animals, is relocating its corporate headquarters to Newton. The company, which launched a successful IPO in the fall, will leave Natick at the end of July and will not have a significant presence in Natick following the move, according to Paul Brannelly, senior vice president of finance and administration at Karyopharm.
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Karyopharm to raise $121M through stock offering

Natick-based Karyopharm Therapeutics said underwriters have exercised their option to purchase nearly 400,000 additional stock shares, boosting total offering proceeds to $120.9 million.

ReWalk’s home exoskeleton system gets FDA nod

The federal government has given the go-ahead for a Marlborough company to market its wearable robotic exoskeleton for individuals with spinal cord injuries, the company said.

Karyopharm files for stock offering

Karyopharm Therapeutics has launched a public offering of 2.2 million shares of its common stock as it seeks to generate $77 million in capital.

Karyopharm initiates randomized study in leukemia patients

Natick-based Karyopharm Therapeutics, a clinical-stage company that is developing treatments for cancer and other major diseases, said it has initiated a Phase-2 study of its KPT-330 compound, known as Selinexor, in patients with acute myeloid leukemia (AML).
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Advanced Cell hires new CEO

Advanced Cell Technology (ACT), a Marlborough-based biotechnology firm that is developing stem cell treatments for diseases causing blindness, has hired an industry veteran as its new president and CEO.

Study: Mass. leads nation in per capita life sciences jobs

Northeastern University's Dukakis Center for Urban & Regional Policy released new data Wednesday showing that the Bay State leads the nation in life sciences on a population basis.
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