Abg Realty

Saint-Gobain and Greentown Labs Renew Joint Commitment to Drive Climatetech Growth and Innovation

Saint-Gobain and Greentown Labs Renew Joint Commitment to Drive Climatetech Growth and Innovation

 Saint-Gobain, the worldwide leader in light and sustainable construction, and Greentown Labs, the largest climatetech incubator in North America, today announced the extension of their Terawatt Partnership through 2026. Through this partnership, Saint-Gobain remains committed to supporting sustainability-minded startup growth through multiple forms of collaboration and engagement. For example, Saint-Gobain will continue to provide expertise to help […]

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How does Massachusetts stack up in the economic battle among states? A new benchmark offers an in-depth look.

How does Massachusetts stack up in the economic battle among states? A new benchmark offers an in-depth look.

By Larry Edelman To paraphrase a popular business maxim — most frequently attributed to management guru Peter Drucker — you can’t improve what you don’t measure. To that end, a leading business group on Monday unveiled the Massachusetts Competitive Index, a new gauge of the state’s economic strengths and weaknesses designed to show how we compare against […]

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Cambridge biotech behind first pig-to-human kidney transplant gets $191M

Cambridge biotech behind first pig-to-human kidney transplant gets $191M

By Hannah Green The Cambridge company behind the technology that enabled the first-ever pig-to-human kidney transplant earlier this year has raised a mega-round of funding.  The biotech eGenesis said on Wednesday that it has closed a $191 million Series D financing led by Lux Capital. Existing investors including Arch Ventures and Leaps by Bayer, as well new investors, also […]

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Target plaza in Cambridge’s Porter Square sells for $20M

Target plaza in Cambridge’s Porter Square sells for $20M

By Greg Ryan CBRE Group Inc.’s investment arm has sold a shopping plaza in Cambridge’s Porter Square to two local firms for $20.1 million. Crosspoint Associates and Long Wharf Capital now own Porter Square Galleria, a 55,610-square-foot property anchored by a Target Corp. store. The plaza is 96% leased, with Retro Fitness, Citizens Bank and Anna’s Taqueria among its other […]

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Massachusetts adds smallest number of biotech jobs since 2017, says report

Massachusetts adds smallest number of biotech jobs since 2017, says report

By Hannah Green Last year, Massachusetts’ life sciences industry saw its slowest job growth since 2017 as the industry faced economic headwinds.  The Bay State’s biopharma workforce consisted of 116,937 employees in 2023, according to the latest “Industry Snapshot” report put out by the Massachusetts Biotechnology Council, or MassBio, on Tuesday. The trade group found that […]

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BIOTECH BAN

BIOTECH BAN

The Biosecure Act could ban Chinese biotechs and hurt Mass. drug developers. But some see an opportunity for local R&D.By Hannah Green  Driven by concerns over national security, the federal government is weighing a crackdown on Chinese biotechnology suppliers that would have far-reaching effects in the life sciences industry. The legislation, known as the Biosecure Act, would prevent biotech […]

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U.S. Added 818,000 Fewer Jobs Than Reported Earlier

U.S. Added 818,000 Fewer Jobs Than Reported Earlier

By Ben Casselman The U.S. economy added far fewer jobs in 2023 and early 2024 than previously reported, a sign that cracks in the labor market are more severe — and began forming earlier — than initially believed. On Wednesday, the Labor Department said monthly payroll figures overstated job growth by roughly 818,000 in the 12 months that ended in […]

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