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Akoya has record revenue quarter, posts $19M loss

Marlborough-based Akoya Biosciences posted a 26.6% increase in quarterly revenue in the first quarter compared to the same period last year, at $21.4 million.

Hudson industrial building sold for $2M

A 10,750-square-foot industrial property was sold on Wednesday for $2 million to a Concord company.

Insulet reorganizes C-suite amid revenue gains

Acton-based diabetes equipment manufacturer Insulet has reorganized its executive structure amid a 21% gain in first-quarter revenue. Jim Hollingshead will continue to lead the company as president and CEO.

Report: Christmas Tree Shops, with locations in Shrewsbury and Natick, may declare bankruptcy

Middleborough-based Christmas Tree Shops may be preparing to declare chapter 11 bankruptcy, according to reporting from The Wall Street Journal.
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Braintree financial planners open branch in Westborough

On April 27, Braintree-based Generations Retirement Group announced it opened its second location at 14000 Computer Drive, expanding the local company’s footprint to two locations and expanding the business into MetroWest. 

BJ’s Wholesale CEO to become board chairman

The BJ’s Wholesale Club Holdings board of directors named president & CEO Bob Eddy as chairman of the board effective June 15.

Herb Chambers opens Lincoln dealership at former Nissan dealership site

The Herb Chambers Cos. has opened a Lincoln dealership at the former location of Herb Chambers Nissan at 75 Otis St. in Westborough.

Physical therapy practice opens Hopkinton location, its third in Central Mass.

Concierge Physical Therapy has opened its third location, adding a clinic in Hopkinton in addition to its locations in Sutton and Shrewsbury.
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Framingham financial software firm acquired by Texas venture equity

Centage, a Framingham-based financial planning and analysis software company, was acquired by Scaleworks, a San-Antonio venture equity firm. Tech veteran Peter Messana will replace John Murdock as president & CEO.

Marlborough drugmaker lays off hundreds amidst major corporate restructuring

Sunovion Pharmaceuticals and two other subsidiaries of the soon-to-be-combined Marlborough drugmaker Sumitomo Pharma America will lay off 223 workers as their Japanese parent company restructures the entire organization in America.
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