Home to 11 percent of American drug development and more than a fifth of all U.S. biotech venture capital, Massachusetts has particularly piqued the interests of Israelis with life sciences backgrounds.
In what has been termed the biggest corporate takeover of 2014 to date, Illinois-drug maker AbbVie, which employs about 700 in Worcester at a research and development facility, has agreed to buy Dublin-based Shire in a $54 billion deal announced Friday morning.
Capital Group Properties of Southborough has agreed to purchase 8.5-acres of land for an undisclosed amount in Shrewsbury for an affordable housing development, the company said.
A $420,000 grant from the National Institutes of Health (NIH) will allow a team of Worcester Polytechnic Institute researchers to test a plant-based therapy WPI is developing for the treatment of malaria.
Worcester Polytechnic Institute (WPI) is slated to become one of the first schools in The United States to offer an online master's degree in electrical and computer engineering.