Rave Mobile Safety scores majority investment from equity firm TCV

Framingham mobile alert tech company Rave Mobile Safety has received an undisclosed majority investment from California equity firm TCV.

 

FDA clears Psychemedics' hair test for fentanyl

Acton drug test manufacturer Psychemedics Corp. has begun marketing a hair test to detect fentanyl, a powerful opioid gaining a reputation for its role in drug overdoses.

 

Table Talk's future in Canal District in doubt due to ballpark project

Zachary Comeau |

Table Talk will have to move just over a dozen employees from an office building in the Canal District due to the Polar Park, and the future of its 74-year-old factory is also in doubt.

 

Gateway Park adding sandbox program for digital health

Grant Welker |

A new Massachusetts state grant will help digital health startups work with larger industry players at Worcester Polytechnic Institute's PracticePoint facility at Gateway Park.

 

Milford Regional unveils hospital renovations

Milford Regional Medical Center has reopened a cancer and palliative care floor after $7 million in renovations to patient rooms and other areas.

 
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Central Mass Health

Framingham Heart Study lands $38M federal financing

The seven-decade-old Framingham Heart Study has been renewed for another six years with $38 million in new funding from the National Heart, Lung & Blood Institute.

ReWalk places first U.S. system covered by major insurer

ReWalk Robotics saw its stock skyrocket Tuesday as the company said it has sold its first personal exoskeleton device to a spinal cord injury patient via insurance firm Cigna Corp.

UMass hires McEvoy as first VP of corporate relations

Zachary Comeau |

Kate McEvoy, Harvard Pilgrim Health Care's former regional vice president, has been named the first ever vice president of corporate relations at UMass Memorial Health Care.

Drug companies face scrutiny from lawmakers looking to lower cost

State House News Service |

Legislators have pressed pharmaceutical industry representatives to identify ways drug manufacturers can help bring more transparency to their pricing and lower costs for consumers.

UMass Memorial wins $200K for opioid telemedicine device

Grant Welker |

A plan to evaluate opioid overdose patients using technology known as telemedicine has received an annual prize and funding from the UMass Memorial Medical Group.

MetroWest495 Biz

Worcester County home prices outpace state as prices hit March record

Grant Welker |

Median single-family home prices hit $268,250 in Worcester County in March, outpacing state price increases from last year, which across Massachusetts marked a record high.

Boston Scientific's Q1 earnings miss estimates as banned products impact profit

Zachary Comeau |

Shares of Marlborough medical device maker Boston Scientific opened Wednesday trading down 2% as the company's first quarter financials came in under expectations.

Chef to manufacture marijuana ice cream in Framingham

Cloud Creamery, is seeking a manufacturing license from the Cannabis Control Commission to operate a facility in Framingham where it plans to make cannabis-infused ice cream.

Earth Day climate change grants flow to 27 communities

The Baker administration on Monday marked Earth Day by announcing $725,000 in grants to 27 communities, including Ayer, Bellingham, Franklin, Holliston and Northborough.

Waters Corp. value down 15% as international sales slide

Zachary Comeau |

Shares of Milford lab equipment manufacturer Waters Corp. fell about 15% at the opening Tuesday.

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