Approval from Brazilian regulators helped drive revenues and profits for Milford-based PLC Systems in the fourth quarter of 2012, but its annual loss increased.
In announcing 2012 financial results for Westborough-based RXi Pharmaceuticals, President and CEO Dr. Geert Cauwenbergh called the company's progress since being spun off from Galena Biopharma in April “remarkable” and execution of its plan “near flawless.”
The state's Economic Assistance Coordinating Council this week approved $5.7 million in state investment tax credits for three Central Massachusetts companies.
Framingham-based Correlsense, which makes computer application management and monitoring software known as SharePath, said it has struck a deal to integrate its technology into the cloud platform of Red Hat, which has a large facility in Westford.
Milford today became the first community in Massachusetts to offer Smart911, a national safety service that its Framingham-based manufacturer says provides more effective emergency response and opens up direct communication between public safety officials and citizens.