Westborough-based biotechnology startup RXi Pharmaceuticals saw positive progression in the second quarter ended June 30, narrowing its losses compared to last year while gaining revenue and improving its cash position.
Westborough-based Kopin Corp., which is transitioning its business model to a focus on wearable technology, today reported a drop in revenue for its second quarter, along with a larger year-over-year loss.
Virtusa Corp. of Westborough reported revenue growth of 19 percent in its most recent quarter, along with a 22.5-percent jump in net income as the global technology services provider continued a string of strong quarterly results.
Westborough-based RXi Pharmaceuticals Corp., a clinical-phase biotechnology company focusing on RNA-target technology, has filed an application for listing on The NASDAQ Capital Market.
In announcing a “substantial completion” of its $100-million rail yard project, CSX Corp. has followed through with its commitment to contribute to a neighborhood improvement fund, giving Worcester $5 million, according to City Manager Michael O'Brien.
The Westborough-based accounting and consulting firm Stowe & Degon LLC has expanded its business to include an internal audit and forensic services practice.
Stephen Crosby, chairman of the Massachusetts Gaming Commission, said this morning in Westborough that he expects casino construction to begin within one year.