RXi Pharmaceuticals Corp., a clinical-stage biotechnology company based in Marlborough, said a Chicago-based investment firm has agreed to purchase up to $20 million in stock to advance research and development activities.
TelexFREE of Marlborough has denied allegations made by the Massachusetts Secretary of State's office that the telecommunications company is operating a $1.1 billion Ponzi scheme.
After nailing down $200 million in financing to expand facilities and increase its reach last September, data center services provider Xand has completed a multimillion-dollar expansion of its Massachusetts data center in Marlborough.
The facility serves Xand's customers in the Greater Boston and Providence areas, and is strategically positioned on the Interstate 495 corridor in Marlborough, away , from coastal and urban areas (which have the potential for flooding and man-made disasters), according to a statement from the company.
Natick-based Boston Scientific Corp. (BSX) has received approval for its newest defibrillators and heart failure devices, including the trademarked Dynagen Mini, Inogen Mini ICDs, and the Dynagen XF and Inogen X4 CRT-Ds.
A Marlborough telecommunications company has filed for Chapter 11 bankruptcy protection to further revise its compensation plan for company associates.
Three Central Massachusetts nonprofit charities are among 70 throughout the eastern United States that have been awarded more than $400,000 by the charitable arm of BJ's Wholesale Clubs.