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Natick Tech Firm Wins Patent

Natick-based technology storage provider Nasuni has secured a U.S. patent that covers its core technology, the ability to create a versioned file system from the object-based storage infrastructure of public cloud storage providers, the company said today.

Losses Narrow At Advanced Cell

Advanced Cell Technology of Marlborough reported another quarterly loss as it continued testing for a vision-treatment drug and applied for federal approval of another drug that could potentially treat both humans and animals.

FDA Slams Genzyme’s MS Drug

U.S. regulators said Friday that the risks from a multiple sclerosis (MS) drug developed by Cambridge-based Genzyme might outweigh its benefits and recommended against the drug's approval.

FDA Approves Sunovion’s Epilepsy Drug

The U.S. Food and Drug Administration has approved a new drug made by Sunovion Pharmaceuticals to reduce seizures associated with epilepsy.
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Auto Dealer Donates $5M For Milford Regional Expansion

A local businessman has donated $5 million to renovate Milford Regional Medical Center's emergency department and intensive care unit, the largest gift in the history of the health care facility.

With Vacancies Falling, Franklin Hopes To Net Bigger Businesses

The fact that more companies and investors are expanding and purchasing property at Franklin industrial parks has town leaders hoping that a rough period for commercial and industrial real estate is ending. Town Administrator Jeffrey Nutting said the number of “for lease” signs has been coming down gradually as tenants have been scooping up space in recent months. “I think they've just started slowly and quietly started to fill back up without a lot of fanfare,” he said.

Packaging Firm Announces Holliston Plant Closure, Layoffs

Consolidation of an Avery Dennison segment acquired by Toronto-based specialty packaging company CCL Industries, Inc. will result in the closure of supply chain operations in Holliston and the majority of its employees will be laid off as of Feb. 1, according to Sean Washchuk, chief financial officer for CCL. The segment, a consumer office products business called Avery, is part of a consolidation of operations in the United States, Canada and Mexico, according to a statement released by the company Oct. 30. The company's other Massachusetts supply chain operations in Chicopee are also slated to close. The consolidation will impact 250 Mass. employees, with only a small group of employees relocating and keeping their jobs, according to Washchuk. He declined to disclose the number of employees located in Holliston. No one answered the phone Monday afternoon at the Holliston location at 89 Cross St.

3Q Revenue Soars At ViryaNet

A boom in orders for its mobile management software propelled a 34-percent jump in year-over-year sales in the third quarter for ViryaNet of Westborough, the company reported Thursday.
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Mass. Provides $1.6M to Help Revive Ex-HP Site

State officials agreed this week to fund $1.6 million of infrastructure upgrades as part of the redevelopment of the former Hewlett Packard complex in Marlborough, according to the Marlborough Economic Development Corporation.

Revenue Up 140% at HeartWare

Revenue soared and losses narrowed at HeartWave International of Framingham due to rising sales of its Ventricular Assist System.
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