Drug maker Vertex Pharmaceuticals will relocate to two new buildings on Fan Pier in Boston’s seaport district, the first big trophy in Mayor Thomas M. Menino’s effort to transform the city’s waterfront into an Innovation District filled with technology companies, academic institutions, and medical firms. Vertex has signed a letter of intent to move its […]
Associated Press Biotechnology company Clinical Data Inc. said this morning that the Food and Drug Administration approved the major depressive disorder treatment Viibryd. Clinical Data shares surged more than 40 percent in pre-market trading. The Newton company said the drug should be available in U.S. pharmacies in the second quarter. Clinical Data holds exclusive worldwide […]
PerkinElmer Inc., a Waltham life sciences company, said today that it has launched the launch of its next generation DNA sequencing and data analysis services, which can enable researchers to better explore the genomic origins of disease. The new services will enable researchers to outsource their genome sequencing requirements through the PerkinElmer’s sequencing lab in […]
Nuclea Biotechnologies Inc., a Pittsfield company focused on biomarkers, announced a new partnership with Boston Medical Center that has the potential to lead to more effective treatments for people with breast and prostate cancers. Biomarkers are a component in the field of personalized medicine and they can predict which treatments will be effective for certain […]
Associated Press Chip maker Skyworks Solutions Inc. said Thursday that its fiscal first-quarter profit more than doubled on strong demand for its chips found in popular tablet computers and smart phones, and issued a strong forecast for the second quarter. The Woburn-based company said its net income totaled $60.9 million, or 32 cents per share, […]
784 – 790 Tremont Street – Boston, MA Boston, MA Rocklyn Clarke of ABG Realty brokered the $855,000 sale of 784-790 Tremont St., on behalf of the buyers, 784 Tremont St, LLC. The property formerly Sallie’s Fish market, is a 3,656 s/f mixed used/retail building on Tremont St. The property has been vacant for over […]
Vertex Pharmaceuticals Inc. said that the Food and Drug Administration has granted its request for an expedited review of its potential Hepatitis C treatment. The FDA’s standard review time for a drug candidate is 10 months. But Cambridge-based Vertex said in a press release that the FDA has agreed to review Telaprevir in six months, […]
Economists surveyed by The Wall Street Journal are increasingly optimistic about the pace of the recovery, predicting the U.S. will grow at better than a 3.2% annual rate in each quarter this year. “The U.S. economy appears to have successfully navigated the adjustment from a recovery driven primarily from economic stimulus and inventory rebuilding to […]
Industrial production increased in December, signaling that economic growth continued in the final month of the year. The Federal Reserve said Friday that industrial production—the output of U.S. factories, utilities and mines—rose 0.8% last month from November. Much of that gain was due to a weather-related 4.3% jump in utility output. But a 0.4% increase […]
Evergreen Solar Inc., the former darling of the Bay State’s nascent green-energy economy, said Tuesday it will shutter its manufacturing facility in Devens by the end of March. The company said 800 workers will be affected. The Marlborough, Mass.-based developer of solar-energy components and related technologies said the move is part of its previously announced […]
