Nashoba Valley Medical Center president resigning

Grant Welker |

The president of Nashoba Valley Medical Center, Sal Perla, has resigned, the Ayer hospital announced Tuesday.

RXi Pharmaceutics extends runway in Q2

Zachary Comeau |

Despite reporting just $58,000 in second-quarter revenues, Marlborough drugmaker RXi Pharmaceuticals was able to significantly reduce its net loss, reduce its cash burn and extend its runway.

ReWalk shares dive 19% after lackluster earnings report

Shares of Marlborough medical device maker ReWalk Robotics dropped 19 percent at Tuesday’s open after the company reported a second quarter loss of $5.8 million with $9.1 million in cash left on its balance sheet.

Worcester State, Nichols form counter-terrorism degree agreement

Grant Welker |

Worcester State University criminal justice majors will be able to get a master's degree in counter-terrorism a year ahead of time under a new agreement with Nichols College in Dudley.

FDA warns Hologic over device's vaginal rejuvenation claims

Zachary Comeau |

Marlborough medical device company Hologic is suspending the marketing and distribution of a vaginal heating device after the company receiving a warning from the U.S. Food and Drug Administration.

Biostage to withdraw SEC registration

Holliston biotech Biostage is seeking to withdraw a registration statement with the SEC filed nearly one year ago after no securities had been issued or sold under the statement.

Hopkinton biopharmaceutical Spring Bank hopes to raise $37.5M

Hopkinton-based Spring Bank Pharmaceuticals wants to raise $37.5 million to fund clinical trials, studies and research and other corporate purposes.

UMass Memorial offering first Worcester child eye surgery

Grant Welker |

UMass Memorial Medical Center is offering what it says is the first child eye surgery unit in Worcester in a new collaboration with Boston Children's Hospital.

Data storage company closing 114-worker Marlborough facility

Grant Welker |

The data storage company Western Digital is closing a 114-worker facility in Marlborough as part of a restructuring.

Virtusa reports 32% revenue bump, but $7.4M in Q1 losses

Southborough global IT firm Virtusa is facing a $7.4-million loss in its first quarter despite its revenues jumping 32 percent year-over-year and 6.6 percent sequentially.

Boston Scientific eyes reintroducing recalled, remade product

Boston Scientific will soon submit the final technical module to the U.S. Food and Drug Administration for a heart valve product.

Clinton building among others added to list of market-ready business properties

State House News Service |

Industrial properties in Clinton, Gloucester and Wilmington and an office building in Framingham have been added to a non-profit's list of properties available to businesses for immediate occupancy and development.

Acacia expecting normal Q3 operations with ZTE back

Zachary Comeau |

Shares of Acacia Communications have jumped nearly 20 percent since it said the business will get back on track with its largest customer allowed back into U.S. commerce.

Pottery Barn, Homesense coming to Northborough Crossing

Grant Welker |

Pottery Barn opened a new outlet store at Northborough Crossing on Thursday and will soon be joined by a new Homesense.

Behavioral health group says ballot question would force closures

State House News Service |

Nurse staffing mandates called for in a November ballot question would force psychiatric hospitals to shed 1,000 beds, according to a new behavioral health care industry study.

Boston Scientific acquires Calif. firm for up to $160M

Zachary Comeau |

Boston Scientific is showing no signs of slowing its aggressive acquisition strategy as the medical device giant is set to acquire a privately held obstructive disease firm for up to $160 million.

Hologic to lay off 35 N.Y. workers, move production to Marlborough

Zachary Comeau |

Marlborough medical device firm Hologic is closing a subsidiary's New York manufacturing facility and laying off 35 employees.

Ameresco anticipating bigger 2018 after 50% profit growth

Framingham energy efficiency and renewable firm Ameresco recorded a strong second quarter with revenues rising 18 percent and profits up nearly 50 percent.

Southborough lab might get recreational marijuana sales started

Zachary Comeau |

A Southborough medical marijuana testing facility is now one of three such locations to apply for a state license to test adult-use cannabis products.

Kopin Corp. lost $9.2M in Q2 due to slow military business ramp up

Zachary Comeau |

Westborough wearable computer technology manufacturer Kopin Corp. is expecting its 2018 revenues to miss the mark after reporting a $9.2-million loss in the second quarter.

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