RXi Pharmaceuticals Corp., a clinical-stage biotechnology company based in Marlborough, said a Chicago-based investment firm has agreed to purchase up to $20 million in stock to advance research and development activities.
Officials at Framingham State University will celebrate the opening of the school's new Entrepreneur Innovation Center with a ceremony on site this afternoon.
Secretary of State William Galvin has filed a civil complaint against Marlborough marketing firm TelexFREE, alleging the company is "merely a veiled pyramid and Ponzi scheme" targeting hard-working Brazilian Americans in violation of state law.
Karyopharm Therapeutics of Natick has produced promising results as it develops its cancer drug, KPT-330. Now, the startup is exploring other potential applications for its technology.
Fallon Ambulance Service, based in Boston's South Shore suburbs, is expanding west to a new location in Ashland after it was selected as the emergency medical services provider for MetroWest Medical Center, Fallon announced.
Hopkinton-based EMC Corp. was awarded a 10-year contract to provide enterprise disk storage infrastructure and services to the U.S. Social Security Administration (SSA), the agency said.