New Jersey-based Quest Diagnostics announced it has acquired ConVerge Diagnostic Services, LLC, which operates full-services medical laboratories throughout New England. This is the fourth purchase for Quest this year and its second in Massachusetts.
With his transition to the role of CEO at Marlborough Hospital still ahead of him next month, Steven Roach, now the CEO of Nashoba Valley Medical Center in Ayer, said it's too early to delve into his vision for the UMass Memorial Health Care affiliate.
A federal appellate court ruled last week that a planned generic sleep aid would infringe on Sunovion Pharmaceuticals Inc. patent for its Lunesta drug, rerversing a lower-court ruling against the Marlborough firm.
The TJX Cos. of Framingham, the parent firm of global clothing store brands T.J. Maxx and Marshalls, as well as Home Goods, announced a quarterly dividend on its common stock of 14.5 cents per share.
The movement of major businesses like Boston Scientific and Quest Diagnostics into Marlborough, as well as the popularity of the New England Sports Center, have developers looking at the city as a smart place to run or build a hotel.
IT services provider Xand, which has operations in Marlborough, said it has secured more than $200 million in extra debt financing to help grow, with a significant portion of the money to be used for acquisitions and facility expansions.