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Milford Medical Center receives $1.6M FEMA award

The Federal Emergency Management Agency is reimbursing $1.6 million to Milford Regional Medical Center for the additional costs of operating safely and handling increased patient loads during the COVID-19 pandemic, according to a Thursday announcement.

Phio Pharmaceuticals starts animal tests on potential COVID-19 treatment

Marlborough drugmaker Phio Pharmaceuticals has begun animal studies on an antiviral compound as a potential treatment for SARS-CoV-2 infection, the virus that causes COVID-19.

Veristat tabs Boston biopharma executive as new CFO

Southborough life sciences firm Veristat announced on Wednesday that Joe Scott has been appointed the firm’s new CFO.

Franklin manufacturing property sells for $9.6M

A 55,000-square-foot manufacturing building in Franklin sold for $9.6 million, according to a release from Greater Boston Commercial Properties, Inc.
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Natick manufacturer surpasses $1B in annual revenue for 1st time

In 2021, Cognex Corp, a Natick machine vision systems and barcode reader manufacturer, earned $1 billion in annual revenue for the first time in the company’s history.

🔒Q&A: Bird & Bear owner pivoted from the corporate world to collective

As a small business owner, Erin Reardon Defoyd has forged her own path, leveraging powerful insights gleaned from more than a decade of corporate experience.

🔒Movers & Shakers for Feb. 21, 2022

People are on the move at Central One Federal Credit Union, Country Bank, and more.

🔒Local bank consolidation: Community banks look for like-minded partners

Sometimes banks opt to consolidate in order to offer their clients access to bigger loans and better resources, while other times they unite as a competitive strategy against banks with more assets.
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🔒The year of the startup: Central Mass. entrepreneurialism soared to new heights in 2021

The Great Resignation is plaguing employers large and small, and one hotly debated question has hiring managers asking where, exactly, all the quitting employees are moving to.

🔒Students seeking out alternatives to the college investment, leaving institutions in financial precarity

Two years of pandemic-related enrollment declines are sure to have considerable impacts on colleges, but educators say the problem could be more long-term.
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