Biostage's science perseveres through dire financial straits

Zachary Comeau |

What's it like to bring a company back to life after near bankruptcy? Jim McGorry, CEO of Holliston biotech Biostage, explains how the company never lost faith in its science after being delisted from NASDAQ, having an investment agreement fall through and laying off almost three quarters of its...

Aspen Aerogels wins patent case against Dutch reseller

Zachary Comeau |

Aspen Aerogels, a Northborough manufacturer of aerogel insulation for the energy infrastructure and building materials markets, announced Tuesday a series of judgments from a German court against a Dutch reseller of an aerogel product for which Aspen claims it holds patents.

Harvard Bioscience acquires Minn. firm for $70M, sells subsidiary for $20M

Holliston medical device maker Harvard Bioscience is set to acquire a Minnesota biomedical firm for $70 million, simultaneous to a $20-million sale of Harvard's subsidiary Denville Scientific.

Oxford firm spends $13M on two Marlborough properties

Zachary Comeau |

Two office buildings in Marlborough, including the U.S. home of ReWalk Robotics, have been sold to Oxford-based Minardi Limited Partnership for more than $13 million as the property management firm extends its reach into the MetroWest region.

Southborough office building sold for $1M

A 4,000-square-foot office building in Southborough has been sold to a property management firm for $1 million.

Milford SaaS firm lands $8M investment

Milford-based network software company Connected2Fiber has raised $8 million in series A funding after just two years of doing business, the company announced last week.

Founder of Boost Fitness is creating a fitness empire

Brad Kane |

About 12 years ago, Mark Federico opened the first Anytime Fitness franchise in Marlborough before deciding to create his own independent business in Boost Fitness.

Noncompetes should protect IP, not trap employees

Getting new employees up to speed, from the time of hiring to when they are productive members of your team takes time and money.

Movers & Shakers

A summary of notable hires and promotions at Central Mass. companies, including Girls Inc., Central One Federal Credit Union and YOU, Inc.

101: Negotiations

SUSAN SHALHOUB |

They happen in boardrooms, hallways, lawyers' offices and in car dealerships. They are, of course, negotiations – seen by many as a means to an end to wrap up a transaction of some sort, ideally involving give and take on both sides.

Two of the grocery industry's unique brands are about to settle in Central Massachusetts

Grant Welker |

Grocery shopping can be a mundane experience, a get-in-and-get-out exercise not exactly stirring up passion.Then there's Whole Foods Market and Market Basket.

A new era for Aubuchon after outsourcing distribution

Emily Micucci |

In August, Aubuchon Hardware announced it would cease distribution operations in Westminster, a decision that CEO William Aubuchon, IV admitted was a tough one.

Boston Scientific's new opioid alternative

Zachary Comeau |

Boston Scientific announced Jan. 11 it received regulatory approval for a new treatment for chronic pain without the use of opioids.

Auburn multi-tenant building sold for $1.6 million

An Auburn office building has been sold to a Shrewsbury property management company for $1.6 million, according to land records and real estate brokers.

Waters Corp. forms scientific research partnership

Waters Corp., a Milford scientific instrument manufacturer, has signed an agreement to conduct research with a Dutch company with a local office in Westborough.

Trucking company purchases 6.4 Worcester acres for $1.9M

Zachary Comeau |

Westborough holding company PJM Family Enterprises, LLC has purchased for $1.9 million a 6.4-acre parcel off Route 20 in Worcester to use for its trucking business, D. Murgo Trucking.

FLEXcon eyes lean manufacturing with new CFO

Spencer manufacturer of coated and laminated films FLEXcon Co., Inc. has hired a new chief financial officer the company hopes will develop a new financial strategy focused on lean manufacturing.

Two projects would add 171 units to downtown Framingham

Grant Welker |

Two proposals from a prominent Framingham developer would add 171 units of housing to downtown on sites only about a block apart, according to documents filed with the city.

Marlborough drugmaker to focus on lucrative cancer treatment

Zachary Comeau |

Marlborough drugmaker RXi Pharmaceuticals is shifting its business strategy to focus on the development of the most potentially lucrative of its three treatment areas.

Beer bottle manufacturer to close Milford facility

Zachary Comeau |

Glass container manufacturer Ardagh Group announced Monday it will close its Milford production facility, which employs 250 people.

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