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  • Is `new Vault' too much like old one?
    Mar 7, 2010 — The Boston Globe
    Some know those executives as active members of civic organizations.Others look at the partnership and see a group of 13 white men and one woman. It probably produces less support than it would if it were a more inclusive group.'' But the partnership's demographics may be changing. Women run Harvard University and Massachusetts Institute of Technology, among other Boston-area universities.
  • Merck moving US base to Billerica
    Mar 4, 2010 — The Boston Globe
    We want any and all life sciences companies that want to set up operations here. The company, established in 1668, calls itself the world's oldest pharmaceutical and chemical company. Merck has since boosted Serono's Massachusetts employment from 500 to 850 jobs and moved its US biopharmaceutical headquarters to Rockland, naming that division EMD Serono Inc.
  • Millipore is sold on growth
    Mar 2, 2010 — The Boston Globe
    Now called EMD Serono in the United States, the company employs more than 850 people in Rockland and at a research and development site in Billerica. Madaus said Merck plans to consolidate its global life sciences tool business in Billerica. Millipore's most recent stock ownership statements are from a year ago, and in them the company disclosed that Madaus owned or had options to buy 260,427 common shares.
  • Bankrupt jobless insurance fund borrows from feds
    Feb 28, 2010 — Boston Herald
    Deval Patrick's secretary of labor and work-force development, said current and future jobless benefit recipients shouldn't worry.
  • PROFIT VS. PATIENCE Pressure from Icahn clouds future
    Feb 28, 2010 — The Boston Globe
    The payoff for focusing on so-called orphan diseases can be huge for biotechs - Cerezyme, for example, costs about $200,000 a year per patient. And the nature of those investments are that many of them are long shots and don't always pay off.
  • Mass. unemployment insurance fund goes broke
    Feb 26, 2010 — Boston Herald
    ...unemployment insurance fund ran dry this month amid heavy payouts to jobless workers, forcing the state to borrow money from the federal government to cover claims. Joanne Goldstein, Gov. Deval Patrick's secretary of labor and workforce development, said that current and future recipients don't have to worry and that federal loans are normal during recessions to keep the fund solvent. "The borrowing does not affect (claim) payments," she said. But it is keeping state...
  • Life sciences investment funds OK'd
    Feb 25, 2010 — The Boston Globe
    ...in 2008 under Governor Deval Patrick's 10-year, $1 billion life sciences initiative.Separately, the center's board also awarded a $6.6 million grant to Worcester Polytechnic Institute to help finance the next phase of an 80,000-square-foot life sciences development project at Gateway Park in Worcester. The project will create 120 construction jobs and 142 permanent jobs at the school's biomanufacturing center, according to the life sciences group.
  • Millipore looking for buyer
    Feb 25, 2010 — The Boston Globe
    Millipore representatives didn't return phone calls, while a Thermo Fisher spokeswoman declined to comment.
  • Thermo Fisher could be on verge of big deal
    Feb 23, 2010 — The Boston Globe
    Without the deal, he estimated earnings would be $3.65 to $3.70 next year. Robert Gavin of the Globe staff contributed to this report.
  • EDITORIAL
    Feb 22, 2010 — Boston Herald
    Feb. 22, 2010 (McClatchy-Tribune Regional News delivered by Newstex) -- Beacon Hill deserves credit for approving an unemployment insurance rate freeze for Massachusetts employers last week. That will save employers nearly $400 million this year. Meanwhile, Gov.
  • Proteostasis grows to make drugs for diseases of aging
    Feb 22, 2010 — The Boston Globe
    The founding science came from the San Diego labs of Jeffery Kelly at Scripps Research Institute and Andrew Dillin at the Salk Institute for Biological Studies, and Richard Morimoto at Northwestern University. The company has raised $35 million in its Series A round, attracted prominent backers from Third Rock Ventures and Flagship Ventures, and assembled a five-man band of big-name scientific founders.
  • A year on, experts size up effect of stimulus
    Feb 18, 2010 — Boston Herald
    The administration initially said million of jobs may have been created or retained, but it changed the formula for calculating jobs on Oct. 1. In Massachusetts, the Obama administration and Gov.
  • Patrick challengers offer ideas to close budget gap
    Feb 18, 2010 — The Boston Globe
    But he would not name specific agencies he would target for reductions. Consolidating the 80 agencies and boards that issue licenses would save another $50 million, he said. She proposed increasing drug and alcohol treatment for criminal offenders, asserting that would save money by reducing the number of people in prison.
  • Feeling the chill
    Feb 9, 2010 — The Boston Globe
    None of the companies have gone so far as to announce an IPO date or a price range for their initial shares, both important steps on the road to selling stock to the public. And yesterday Aveo said it could not comment on its plans, citing the required ``quiet period'' before an IPO.
  • Governor pushes plan for small businesses
    Feb 9, 2010 — Sentinel & Enterprise
    BOSTON -- A plan to help small businesses grow and create jobs began to shape Monday with Gov. Patrick plans to file legislation that would create a $50 million tax credit for job creation. Senate President Therese Murray also filed legislation yesterday to consolidate many of the state's economic development agencies, such as the Massachusetts Film Office, and give the governor greater control and oversight.
  • Patrick's business aid welcomed
    Feb 9, 2010 — The Boston Globe
    Take our survey at www.boston.com/business.CREATING JOBSWhen do you think jobs will return to Massachusetts?
  • Beacon Hill bids to boost business
    Feb 8, 2010 — The Boston Globe
    Patrick aides said the state has frozen unemployment insurance rates to alleviate the burden on businesses during past economic crises. With so many agencies doing the same thing, Murray said, businesses don't know where to turn. The Senate plan would merge six agencies - including the state's Office of Travel and Tourism and the Massachusetts Film Office - into the Massachusetts Marketing Partnership.
  • New economy, old economy and business costs
    Feb 7, 2010 — The Boston Globe
    They tout - and often subsidize - ``industries of the future,'' while raising costs for the industries of the present that employ the majority of Massachusetts residents.
  • Gambling proposal may be gaining
    Feb 4, 2010 — The Boston Globe
    The governor has consistently said gambling should be limited to a few resort-style casinos and should not include slot machines at racetracks. It's a wrong-headed idea.'' Steven Rosenberg of the Globe staff contributed to this report.
  • Budget reflects dire realities, Obama says
    Feb 2, 2010 — The Boston Globe
    Further, Bay State residents would benefit from proposed expansions in federal student aid, child care tax breaks, and housing assistance.Budget would raise taxes on businesses, the wealthy. B6The plan also calls for immediate approval and spending on the $100 billion jobs program, the White House's top priority, and seeks more money for K-12 education. The idea, consistent with an Obama campaign pledge, would raise $678 billion.
  • Protect biotech research, but not by patenting genes
    Feb 1, 2010 — The Boston Globe
    Yet for the past three decades, the US Patent and Trademark Office has been doling out exclusive patent rights to companies and universities for gene sequences they isolate from human chromosomes. But the courts and Congress can protect biotech innovations in ways that do not require exclusive patents for human genes. Eliminating these patents would attract new researchers and sources of capital that could lead to treatments for many diseases, including Alzheimer's and cancer.
  • Two made partners at Donovan and O'Connor
    Jan 31, 2010 — The Berkshire Eagle
    She has been practicing law as a member of the bars of Massachusetts and New York since 1992, and is an immediate past president of the Berkshire Bar Association. He received his undergraduate degree, cum laude, in finance from the University of Massachusetts at Amherst. He is admitted to practice law in both Massachusetts and Vermont.
  • Online payment system a slow-go
    Jan 30, 2010 — The Boston Globe
    State officials said the system still has some bugs, which they are fixing as soon as the problems become apparent. To give filers time to adjust to the system, the state is allowing a two-week grace period. The sessions will be held in state career centers in Boston, Plymouth, Lawrence, Springfield, and Worcester.
  • $3m for life sciences grants approved
    Jan 28, 2010 — The Boston Globe
    ...life sciences initiative, yesterday approved up to $3 million in new matching grants to small businesses in 2010.Under its new small-business matching grant program, the center will give as much as $500,000 to start up biotechnology, medical device, and diagnostic companies that have received federal funding from agencies such as the National Institutes of Health, the National Science Foundation, or the Department of Defense.The center said it will focus on emerging life...
  • Colleges launch biotech program
    Jan 27, 2010 — The Berkshire Eagle
    ...degree in biotechnology at BCC a transfer to a biotechnology program at MCLA. "Biotechnology is a rapidly growing field," said Monica Joslin, MCLA's dean of academic affairs. "This [agreement] will allow students at BCC to seamlessly transfer into a baccalaureate degree program at MCLA." Biotechnology, or "biotech," is a field that combines life sciences with engineering to create an industry based on research and product manufacturing. Industries that use biotechnology include...
  • Colleges launch biotech program BCC students could transfer into MCLA
    Jan 27, 2010 — The Berkshire Eagle
    ...at BCC a transfer to a biotechnology program at MCLA. "Biotechnology is a rapidly growing field," said Monica Joslin, MCLA's dean of academic affairs. "This [agreement] will allow students at BCC to seamlessly transfer into a baccalaureate degree program at MCLA." Biotechnology, or "biotech," is a field that combines life sciences with engineering to create an industry based on research and product manufacturing. Industries that use biotechnology include pharmaceutical,...
  • Business briefs
    Jan 22, 2010 — The Berkshire Eagle
    Net income increased 7.2 percent between the third and fourth quarters of last year.
  • Funding continues
    Jan 22, 2010 — The Berkshire Eagle
    The new hires have doubled this specialty, Herrick said.
  • Genzyme chief expects to increase Mass. workforce by at least 500
    Jan 22, 2010 — The Boston Globe
    Termeer said the company added 330 employees in the state last year and 1,000 globally, boosting its workforce to about 12,000, including 4,500 in Massachusetts. But he cautioned that Genzyme faces intense competition from rivals to Cerezyme, its top-selling product, despite a 10 percent increase in its share price since the start of the year. He made an investment, like a lot of other people.
  • Health industry stands to gain
    Jan 21, 2010 — The Boston Globe
    I'm for improving quality and helping to reduce the costs. But they said lawmakers will be more hesitant to push proposals deemed onerous, such as the medical-device tax.Congress may instead tackle narrower changes to the system. All of these companies were going to get new customers in the long term under health care reform.
  • Thermo Fisher to buy Ahura
    Jan 20, 2010 — The Boston Globe
    Thermo Fisher Scientific Inc. of Waltham agreed to buy Wilmington's Ahura Scientific, a maker of handheld tools for health and public safety uses, for $145 million, in a deal that will boost Thermo Fisher's analytical instruments group.Also, Waltham's Inverness Medical Innovations Inc. (NYSE:IMA) , which has gobbled up more than a dozen medical testing firms in recent years, sold its vitamin and nutritional supplements businesses for $63.4 million to International Vitamin Corp.
  • Franklin stepping up its courtship of biotech firms
    Jan 17, 2010 — The Boston Globe
    In Framingham, the Cambridge-based Genzyme Corp. (NASDAQ:GENZ) has spent hundreds of millions of dollars to expand its manufacturing and warehouse facilities. Last year, officials designated three areas as targets for economic growth: Forge Park, the Franklin Industrial Park, and a town-owned parcel on Pond Street adjacent to I-495.
  • Stepping up courtship of biotech firms
    Jan 17, 2010 — The Boston Globe
    In Framingham, the Cambridge-based Genzyme Corp. (NASDAQ:GENZ) has spent hundreds of millions of dollars to expand its manufacturing and warehouse facilities. Last year, officials designated three areas as targets for economic growth: Forge Park, the Franklin Industrial Park, and a town-owned parcel on Pond Street adjacent to I-495.
  • The end of the office{hellip} {hellip} and the future of work
    Jan 17, 2010 — The Boston Globe
    Malone predicts that the growth in freelance work will necessitate a different breed of labor union to provide some of the benefits the employer now offers. Malone argues that this sort of guild would be well-suited to a work landscape in which more workers are freelance. Some of the online freelance companies try to tackle this.
  • Life science firms pitch optimism
    Jan 14, 2010 — The Boston Globe
    ...drug being developed by Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) of Cambridge to treat hepatitis C, a largely untreated virus estimated to affect about 3 million Americans and 100 million people globally. ``We're doing a lot to raise awareness of this disease,'' said new Vertex chief Matthew Emmens.Ray Elliott, who was hired last year as Boston Scientific's chief executive,...
  • Work fund about to end
    Jan 14, 2010 — The Berkshire Eagle
    Approximately $175 million statewide has gone into these funds, Boulger said. State Rep.
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