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SeaChange CEO resigns amid dispute with largest shareholder

Edward Terino, CEO of Acton video platform company SeaChange International, is resigning following a dispute with the board of directors regarding a cooperation agreement with a shareholder.

LakePharma launches gene therapy facility at Gateway Park

California biologics company LakePharma has launched a viral vector facility in its Gateway Park operations on Worcester Polytechnic Institute's campus.

New CEO at Phio Pharmaceuticals ramping up R&D

Marlborough startup drugmaker Phio Pharmaceuticals has changed its name, CEO and model as it attempts to become a cancer therapeutics firm.

DeLeo lays out $1B plan to counteract climate change town by town

House Speaker Robert DeLeo proposed a sweeping $1 billion environmental grant program Friday that, over the next decade, would fund municipal efforts to build renewable-energy infrastructure and invest in climate resiliency programs.
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Boston Scientific plans $4.3B offering for British acquisition

Marlborough medtech Boston Scientific is hoping to use a portion of the proceeds from a $4.3-billion offering of senior notes to fund its planned acquisition of U.K. cancer and vascular disease firm BTG.

Aviation startup Alakai expands presence in Hopkinton

Alakai Technologies, a company working on hydrogen fuel technology for aviation, has added 7,000 square feet to its offices in Hopkinton.

WPI researchers advocate for neurodiverse workforce

People with autism or dyslexia might face struggles that others don't. But they carry skills other workers don't have, according to a new paper from WPI researchers.

Phio Pharmaceuticals extends Marlborough lease

Life sciences company Phio Pharmaceuticals has extended its lease in the Marlborough Technology Center at 257 Simarano Drive.
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U.S. Treasury to fight IPG CEO’s lawsuit over Russian oligarch listing

The U.S. Treasury said it will file a motion to dismiss the complaint by IPG Photonics and its CEO to be removed from a list of Russian oligarchs.

API sells electronics manufacturing services business for $15M

Marlborough-based API Technologies Corp. has sold its electronics manufacturing services business, API Defense USA, to Norwegian manufacturing firm Kitron for $14.8 million.
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