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State agency awards $1.5M in loans to two life science startups
Two Bay State life sciences startups will be getting $1.5 million in loans from a quasi-state agency to develop products aimed at detecting deadly hospital infections and improving orthopedic devices....
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Nonprofit affiliation brings Southeast Works into People Inc.
A new affiliation will see Southeast Works fold its workforce and back-office operations into People Inc., the Western New York region’s largest nonprofit service provider. The deal calls for retaining...
View ArticleBBJ Live: Biotech job growth is outpacing supply of college grads (Video)
I spoke to NECN's Mike Nikitas on Tuesday about a new report from MassBioEd, the state's education-focused nonprofit affiliated with the biotech industry lobbying group, MassBio. The report gave...
View ArticleAlzheimer's treatment steps closer into view, thanks to a Massachusetts...
A year-and-a-half after discovering how Alzheimer’s begins, Rudolph Tanzi has figured out another key question: why does it take root? The vice-chair of neurology and director of the Genetics and Aging...
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Thermo Fisher to buy Oregon company for $4.2B
Waltham-based life sciences equipment giant Thermo Fisher has bid to buy Oregon-based FEI Company for $4.2 billion. FEI Company (Nasdaq: FEIC) makes high-performance electron microscopes and has more...
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How this Nashville firm is benefiting from health care's biggest changes
Health care headwinds like technology changes, the shift to value-based care and the emergence of consumerism don't just present challenges for companies trying to navigate an industry in...
View ArticleState takes steps after drug-resistant bacteria found in Pennsylvania
State and federal health officials are working to halt the spread of a drug-resistant bacteria after it was found in a Pennsylvania woman. The unnamed woman had been treated for a urinary tract...
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UNC Rex taps hospital vet to lead heart and vascular services
As UNC Rex Health Care inches ever closer to opening the $235 million N.C. Heart and Vascular Hospital, the hospital promoted Kirsten Riggs to vice president of heart and vascular services. Riggs has...
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Health officials: ‘Superbug’ may be the death of antibiotics
A “nightmare bacteria” resistant to antibiotics of last resort has shown up in the United States, and it has health officials worried. The Washington Post reports that a Pennsylvania woman is carrying...
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M.D. Anderson-backed cancer company receives additional investment
Houston-based OncoResponse Inc. has tacked on another $3 million worth of cash for what could be a $23.5 million Series A round. The latest investment, brought forward by Baxalta Inc. (NYSE: BXLT), a...
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Hales nominates OHSU center head, social services champion to PDC board
Portland's mayor has nominated a physician with a deep reach in the city's social services scene to the board that oversees the city's economic development agency. Dr. Alisha Moreland-Capuia earned...
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FDA rejects AstraZeneca's new drug application for blood disorder treatment
The Food and Drug Administration rejected AstraZeneca’s new drug application for ZS-9, a drug the company is developing as a potential treatment for hyperkalemia. Hyperkalemia is a condition that...
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President of Troy startup named to Inc.'s 30 Under 30
Colleen Costello, president and co-founder of Vital Vio, the Troy, New York, startup that kills bacteria with light, has been named to Inc.'s 30 Under 30 list. The magazine's list highlights 30...
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Forget Obamacare politics: Here's an inside look at Ohio co-op InHealth's demise
Opponents of the Affordable Care Act are crowing that the collapse of Ohio's nonprofit co-op, the 12th to wither of 22 created under the law, offers further proof that all of Obamacare is faulty. The...
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Seattle Children's, Juno expand partnership to speed up cancer treatment trials
Seattle Children’s Research Institute and Juno Therapeutics are planning to speed up the process of making cutting-edge cancer treatments available to children and adults with brain tumors. The...
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Thermo Fisher CEO mum on whether he had competitors in $4.2B FEI deal
Thermo Fisher CEO Mark Casper this morning declined to answer a pointed question on a conference call this morning about his company’s $4.2 billion offer to buy an Oregon maker of electron microscopes,...
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Why the UF/Sanford Burnham deal may be good for Orlando
If Sanford Burnham Prebys Medical Discovery Institute leaves Lake Nona, as it's expected to do, Orlando still would come out on top. So said local economist Hank Fishkind. That's because the city and...
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Mercy Health sued over move to new HQ
Mercy Health, which moved into a new $71 million headquarters in Bond Hill in April, is being sued for failing to pay rent allegedly due in May on leased space at the hospital system’s old HQ in...
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5 takeaways from Cerner's annual shareholder meeting
A sparse crowd probably reflects the impending Memorial Day weekend, but it didn't reflect the results discussed during Cerner Corp.'s annual shareholders' meeting. Cerner executives — minus CEO Neal...
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Obamacare co-op will survive: CEO Mahaffey
Cathy Mahaffey believes Common Ground Healthcare Cooperative has adjusted its strategy — primarily by eliminating an unprofitable broad network plan — to avoid the shutdowns that have plagued the...
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