As national chief economist for commercial real estate services company Colliers International, Moore follows about 100 economic indicators that keep his finger on the pulse of the economy and the commercial real estate industry. And since the beginning of the fourth quarter, that pulse has quickened. “With the exception of housing and unemployment, most of […]
After dragging the U.S. economy into a severe recession, property markets across the country now are relying on an economic recovery to help cure their hangover in the new year. The housing sector, weighed down by a glut of unsold homes, needs job growth to boost demand and curb the flow of delinquent loans into […]
McAfee Inc. on Tuesday unveiled its 2011 Threat Predictions report, outlining top threats its researchers foresee for the coming year from a list that includes location-based services, Android and iPhone. Santa Clara-based McAfee (NYSE:MFE) said Mountain View-based Google‘s (NASDAQ:GOOG) Android and Google TV are expected to become major targets for cybercriminals. Also on the list […]
CAMBRIDGE, Mass — Dr. Jeff Lichtman likes his brains sliced thin — very, very thin. Enlarge This Image C.J. Gunther for The New York Times TEAM LEADER Dr. Jeff Lichtman, with a 3-D image of a section of mouse brain and a magnified section of a dendrite (red), in his office at Harvard. Enlarge This […]
Thirty life sciences companies in Massachusetts have pledged to create nearly 1,000 jobs next year in exchange for $23.9 million in tax incentives awarded Thursday by a state board. The awards work out to a public subsidy of about $23,900 per job. The Massachusetts Life Sciences Center Board awarded the tax incentives under a program […]
Cambridge Heart Inc. has raised $2.9 million in a private placement, the company reported in a press release today The Tewksbury-based developer of diagnostic heart tests for cardiac disease, said the deal consisted half of shares of common stock and half of warrants to purchase stock at a future date. “The proceeds from this transaction […]
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, […]
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 […]
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 […]
Caliper Life Sciences Inc. is paying $20 million to acquire Cambridge Research & Instrumentation Inc. (CRi), a developer of optical imaging systems, according to a news release from the two companies today. The buyout deal calls for Caliper to issue $10.5 million in a common stock offering, pay $7.5 million in cash and take in […]
