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Marlborough

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.

Marlborough office building sold for $9.1M

A Boston-based real estate investment firm has purchased a Marlborough office building for $9.1 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.
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Hudson warehouse building sold for $2.1M

A company specializing in home furnishings for real estate staging purposes will occupy the building at 321 Central St. in Hudson following a $2.1-million sale on June 18, according to Wayland-based R.W. Holmes Realty.

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.

St. Mary’s buys Marlborough building as new headquarters

St. Mary's Credit Union has bought a Marlborough building for $7.5 million to serve as the company's new headquarters. The credit union plans to move its 70 corporate employees into a 60,500-square-foot building at 46 Lizotte Drive by the end of the year, said Tony Battista, vice president of marketing. This will be the first time St. Mary's owns a standalone headquarters building, according to Battista.

Q&A with Mark Brandon and Stacy Brandon of DMT Diamond Machining Technology

Marlborough's DMT Diamond Machining Technology of Marlborough was recently honored by the U.S. Commerce Department for its...
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Photo Finish

LEAVING A PAPER TRAILLeominster Credit Union’s Shred-a-Thon, where sensitive documents are securely destroyed, raised $815 for Habitat...

WBJ honors 6 as Family Business Awards winners

Family relationships can be complicated. But in some cases, those blood relationships can be tested and even strained when there's a family business involved that needs caring and nurturing.
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