Posted by
Mass Business Blogger on Dec 18, 2015 in
Biotechnology,
Business,
Technology |
Comments Off on Biotechs and Robotics Pay Off for Massachusetts
A law passed in 2008 that provides subsidies to biotech and robotics companies in Massachusetts is helping to grow these industries in the commonwealth. Some say the biotech and robotics industries in MA are beginning to rival those of Tokyo and California, which have long been considered the global leaders...
Posted by
Jessica Stevens on Aug 24, 2015 in
Biotechnology,
Technology |
Comments Off on UMass Researchers Granted $1.6M for Robotics Development
What do Hurricane Katrina, the Fukushima Daiichi meltdown, and the World Trade Center attacks all have in common? Obvious tragedy aside, the common factor in each of these disasters is the use of robots to assist first responders in rescue and cleanup missions. Robotics technology has evolved exponentially...
Posted by
admin on Mar 25, 2015 in
Biotechnology,
Manufacturing |
Comments Off on GE Prepares for Marlborough Site Summer Launch
General Electric’s decision to move its Healthcare Life Science division from New Jersey to Marlborough was initially met with tempered enthusiasm by those gauging its economic impact on the region. However, recent projections predict that the center will employ over 500 full time employees no later than...
Posted by
admin on Mar 19, 2015 in
Biotechnology,
Mergers |
Comments Off on A Full and Exciting Year for Harvard Bioscience
Harvard Bioscience of Holliston, a global developer, manufacturer and marketer of a range of life sciences equipment, has reported record quarterly revenues of $30.4 million for Q4-2014, an approximate 9.0 percent increase of $2.5 million in comparison to the $27.9 million earned in Q4-2013. The company...
Posted by
admin on Mar 16, 2015 in
Biotechnology,
Healthcare,
Manufacturing,
Mergers |
Comments Off on Boston Scientific Purchases American Medical Systems Unit for 1.6 Billion
Boston Scientific, a Marlborough-based life sciences company, announced on Monday that it has agreed to acquire the urology division of American Medical Systems for $1.6 billion. Boston Scientific expects to close the acquisition in the third quarter of 2015. This will be the company’s largest acquisition...
Posted by
admin on Mar 6, 2015 in
Biotechnology,
Manufacturing,
Mergers,
Technology |
Comments Off on Study Foresees Continued Medical Technology Growth
The medical technology industry is growing as an increasingly significant sector of the Massachusetts economy. According to predictions from Evaluate Ltd., a market research firm, it is expected to grow at a 5 percent annual rate for the next five years. The report, entitled “EvaluateMedTech World...
Posted by
admin on Feb 26, 2015 in
Biotechnology,
Construction,
Healthcare,
Manufacturing,
Pharmaceutical,
Real Estate |
Comments Off on The End of AstraZeneca in Westborough
The AstraZeneca plant in Westborough has announced it will shut its doors permanently by the end of 2015. This is the final step the company has taken to shut down the plant, having already decreased employee levels there from 800 to just 180. More employees will be relieved by March, but others will...
Posted by
admin on Feb 24, 2015 in
Biotechnology,
Construction,
Healthcare,
Manufacturing,
Real Estate,
Technology |
Comments Off on Medical Device Manufacturer Moves to Worcester
Cogmedix, a wholly owned subsidiary of Westborough-based Coghlin Companies Inc., recently announced the relocation of its world headquarters to 17 Briden Street in Worcester. The medical device engineering and manufacturing services provider has become quite a success story in an increasingly important...
Posted by
admin on Dec 18, 2014 in
Biotechnology,
Manufacturing,
Mergers,
Technology |
Comments Off on Study Foresees Continued Medical Technology Growth
In recent years, the medical technology and medical device manufacturing industries have become an increasingly significant sector of the Massachusetts economy. According to predictions from Evaluate Ltd., a market research firm, it is expected to grow at a five percent annual rate for the next five years....
Posted by
admin on Nov 11, 2014 in
Biotechnology,
Technology |
Comments Off on New Wristband Claims to Shock Users Out of Bad Habits
A company in Boston called Behavioral Technology Group has created a wristband called Pavlok that shocks people with 340 volts of electric current. After putting the product on the crowd-funding site Indiegogo, the company has raised three times the amount of their original goal of $50,000. That’s...
Posted by
admin on Oct 29, 2014 in
Biotechnology,
Healthcare,
Media |
Comments Off on Are Massachusetts’ Medical Records Good Enough to Help Fight Ebola?
Electronic medical records are meant to be helpful for all medical professionals. However, if we look at the case of the first person to die from Ebola in America, some of these records are clearly not up to snuff . When Thomas Eric Duncan went into the hospital complaining of not feeling well, he noted...
Posted by
admin on Oct 27, 2014 in
Biotechnology,
Mergers |
Comments Off on AbbVie-Shire Deal Dies, Causes Fallout for Massachusetts
Last month, the U.S. Treasury took action to make tax inversion deals less profitable. This is cited as a primary reason AbbVie reportedly dropped plans to acquire Shire. This decision calls into question another deal similarly based on tax inversion involving Medtronic and Covidien. In the wake of the...
Posted by
admin on Jun 30, 2014 in
Biotechnology,
Healthcare,
Politics,
Technology |
Comments Off on Did the $525,000,000 Massachusetts Poured Into Biotech Generate 571 or 17,994 Jobs?
Yes? No? Maybe? The state of Massachusetts has spent $525 million encouraging the development of the state’s biotech industry, just over half of the $1 billion budgeted for this purpose. This public investment is being applied to grants, tax breaks and business loans for companies planning on moving...