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Acton drug test company plans restructuring amid revenue drop

Following a $2.1-million loss in the third quarter, Acton drug testing firm Psychemedics said on Thursday it is in the midst of a restructuring.

Phio Pharmaceuticals enrolls first patient in clinical trial

Marlborough biopharma firm Phio Pharmaceuticals has enrolled its first patient in a clinical trial, entering the next phase of its strategic plan to move into the clinical development space.

Workers Credit Union names new CFO

Workers Credit Union in Littleton has named Bob Leger its new CFO and treasurer. Leger held the role in interim before his appointment.

Marlborough communications firm launches fintech media platform

Ares Communications Group of Marlborough has announced the launch of a media platform that the company says will provide content-based marketing.
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Alira Health joins partnership for Lupus research

Framingham-based Alira Health has partnered with FORWARD, a national database for rheumatic diseases, to create an enhanced patient registry for autoimmune disease Lupus.

IPG Photonics announces partnership with Wisconsin welding company

IPG Photonics, a Marlborough-based company that specializes in high-power fiber lasers and amplifiers, has announced a strategic...

Ameresco reports $21.3M in Q3 earnings

Ameresco, reported $21.3 million in net income for the third quarter of 2023, falling below company expectations.

Hudson concrete company sues for $500K over unpaid work at Heywood Hospital

S&F Concrete Contractors, a corporation based in Hudson, is suing a number of local companies over claims of unpaid work.
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Shoppers World in Natick sold for $187 million to large developer

Shoppers World, a shopping center on the border of Framingham and Natick, has been sold for $187.13 million to...

MathWorks commits $25M to Mass Audubon

Natick-based software company MathWorks will donate $25 million over seven years to nature conservation organization Mass Audubon. It is the largest programmatic gift received by the organization in its 127-year history.
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