If you thought inventing the Internet was a big enough accomplishment that you can rest on your laurels, you can’t work for Raytheon BBN Technologies — the actual inventors of said Internet. DARPA agrees, and is now funding Raytheon BBN in a program to create super high-capacity broadband encrypted communications that is all but unbreakable, […]
Rendering, Northborough Crossing – Northborough, MA Shown (from left) are Douglass Karp, lt. governor Tim Murray and Stephen Karp. Northborough, MA Construction is well underway for Northborough Crossing, a 600,000 s/f open-air retail center being developed by New England Development in partnership with Brendon Properties and The Wilder Companies. The first new, major retail project […]
Avila Therapeutics, Inc., a privately held biotechnology company, will receive an upfront payment of up to $40 million from French drug maker Sanofi-aventis, as part of a research collaboration aimed at developing cancer drugs. Cambridge, Mass-based biotech will receive up to $154 million in milestone payments for any drug that is eventually approved. Waltham, Mass.-based […]
Best Buy Co. Inc. said Friday that it’s rolled out health and fitness devices to about 600 Best Buy stores across the country, as well as online at Bestbuy.com. Richfield-based Best Buy (NYSE:BBY) has been offering the products at 40 stores for the past year as part of a pilot program. The health and fitness […]
A firm led by a Belgian investor has acquired the sites of two planned South Beach apartment projects in a deed in lieu of foreclosure and a short sale. The largest deal involved a 12-unit apartment project in mid-construction in which Banco Popular North America let the developer sell the property for 52 percent less […]
We keep hearing that landlords are bending over backwards — beyond offering low lease rates — to retain and recruit tenants. Details over recently awarded allowances for tenant improvements indicate that some property owners are more flexible than others. A case in point is this week’s disclosure that Boston Properties Inc. gave the Federal Home […]
Cambridge’s first cleantech-focused incubator is about to be replaced – by a biotech building. Solar technology developer Promethean Power Systems had been providing shop space for energy startups in a building near Lechmere Square. Now, after less than a year, it is out looking for new digs, after the owner of the building sold it […]
Cambridge — The Forsyth Institute, the world’s leading independent oral health research organization, held its grand opening celebration on Nov. 18 at its new home. Forsyth, which has been improving oral and overall health for 100 years through its biomedical research and community programs, operates in a state-of-the-art facility at 245 First St. in Cambridge. […]
Purchase this photo Wicked Local staff photo by David Gordon Voltage Coffee owner Lucy Valena stops for a photo in her new shop on Thursday morning, November 18, 2010. In science- and research-driven Kendall Square, Lucy Valena wanted to create an “art portal in a science space.” With the idea of bringing quality […]
Cambridge-based biomedical company focused on antibacterial coatings Semprus BioSciences Inc. has closed on an $18 million Series B financing roubnd, led by SR One, the corporate venture capital arm of GlaxoSmithKline, and Foundation Medical Partners. According to Semprus officials, 5AM Ventures and Pangaea Ventures, both of whom invested in the company’s Series A financing, participated […]
