Cambridge-based Momenta Pharmaceuticals has been granted a patent that will help the company advance its drug target for a generic form of Teva Pharmaceutical Industries’ multiple sclerosis treatment Copaxone, the Boston Business Journal reports. The approval capped a good day for Momenta and a not-so-good one for Teva, which reported that profits fell short of […]
BOSTON — The Boston office of Lincoln Property Company, a full-service real estate firm providing leasing, investment sales, property management, appraisal/valuation, development and project management services to a wide range of clients, announced that it has negotiated two sublease transactions totaling over 25,000 square feet on behalf of Heartland Robotics. Due to robust growth Heartland […]
Communispace Corp.’s sale this week to Omnicom is unlikely to slow its plans to fill out 80,000 square feet of space in Boston. The deal was worth “slightly more than” $100 million, sources confirmed. The $100 million figure was first reported in Stuart Smith’s MarketingWeek blog. That’s no grand slam, but it’s a happy multiple […]
Urban Outfitters will spend up to $80 million and hire 1,000 employees as part of an expansion of its headquarters at the Philadelphia Navy Yard, company and public officials said Wednesday. In the first phase, the retailer, which sells trendy apparel and home decor, will spend $30 million to acquire and redevelop two buildings, including […]
Sunny Delight Beverages Co. has sold its Littleton manufacturing facility for $15 million to an affiliate of private equity concern Angelo, Gordon & Co. of New York. The sale closed Jan. 11 and was brokered by Robert Cronin of Colliers International of Boston. Veryfine, a maker and marketer of fruit and flavored drinks, will leaseback […]
New Boston Fund Inc. and the Asian Community Development Corp. are seeking to scale-down the plans for their Parcel 24 residential development in Chinatown. The project, first submitted for BRA approval in October 2008, will be presented to the Boston Redevelopment Authority’s board Thursday night. Originally designed to include up to 289 condominiums and 70 […]
Woburn, MA D&D Electrical Contractors, Inc. along with DNET Cabling Technologies has moved into their new corporate headquarters. Douglas Lynch, president of D&D / DNET said we need to “practice what we preach and demonstrate to our clients that we are committed to do our part with green initiatives”. The new facility includes a grid […]
Patricia Simboli is not exactly the kind of person one would peg to run the family development business. Simboli, a life-long overachiever, had bigger hopes and ambitions. For nearly 10 years, Simboli stayed away from ACS Development Corp., the company her father co-founded, working instead for Wall Street giant JP Morgan in New York and […]
By Robert Weisman, Globe Staff Drug giant Pfizer Inc. today said it will add about 350 jobs in the Boston area and look for a new site to house a pair of research operations it will move from southeastern Connecticut. The news came as Pfizer, the world’s largest pharmaceutical company, unveiled a broad restructuring plan […]
February is “chocolate lovers month,” according to Dunkin’ Donuts, and it plans to celebrate the culinary festivities with “a new line of yeast raised chocolate donuts” to augment its offerings of chocolate cake style donuts. In a press release, the Canton-based coffee-and-baked-goods chain said its “renowned culinary team has worked for several years to create […]
