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Marlborough

BSX Completes Acquisition Of Bard Division

Boston Scientific has completed its acquisition of a division of the Lowell-based electrophysiology business of C.R. Bard, which the Natick-based medical device manufacturer said could significantly boost its capabilities in the fast-growing market for advanced electrophysiology procedures.

FDA to Sunovion: Stop Distributing ‘Misleading’ Brochures

The U.S. Food and Drug Administration has asked Marlborough-based Sunovion Pharmaceuticals Inc. to stop distributing promotional brochures for respiratory drug Brovana that it considers deceptive, according to a letter released Tuesday.

UMass Memorial Plans Layoffs Amid Loss Projection

UMass Memorial Health Care is bracing for layoffs as well as other cost-cutting measures in the face of a projected $57-million operating loss for its recently completed fiscal year.

Boston Scientific Will Switch CFOs

A day after it said it would cut up to 1,500 jobs over the next two years, and on the same day it announced a third-quarter loss of $5 million, Boston Scientific said its chief financial officer will leave after the end of the year.
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Report: Central Mass. Home To 3 Of State’s Least Safe Hospitals

Three of the least safe Bay State hospitals are located in Central Massachusetts, according to a report compiled Wednesday by a nonprofit.

Developer Purchases Part Of Ex-HP Site

A housing developer paid $14.88 million Monday to buy a 23.5 acre parcel in Marlborough where it plans to build 350 apartments.

Marlborough Tech Firm Signs Asia Reseller Deal

Content security provider Content Raven of Marlborough has signed a reseller agreement with a Japanese company that will use Content Raven's software as part of its cloud-based file sharing and transfer service.

Quest Reports Revenue Drop

Quest Diagnostics, which increased its presence in Central Massachusetts within the last year, reported a 2-percent drop in revenue for its most recent quarter, and lowered revenue expectations by 3.5 percent for the year, the New Jersey-based medical laboratories services provider announced.
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Raytheon Wins Navy Radar Contract

Raytheon Co. has been awarded up to $1.63 billion from the U.S. Navy to build and deliver next-generation air and missile defense radar, the company said.

Verax Closes On $12M Funding Round

Verax Biomedical announced the completion of a $12 million round of financing to support the ongoing commercialization of its product, the Platelet PGD Test.
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