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RXi secures $20M investment for R&D

Emily Micucci |

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...

UMass Memorial partners with IT firm on end-of-life care integration

Emily Micucci |

Worcester-based UMass Memorial Health Care is partnering with a Minneapolis IT company to integrate patients' end-of-life directives into its electronic medical records system, a measure that's...

EMC profits down in Q1 due to costs

Emily Micucci |

Hopkinton-based EMC Corp. saw net income decline by $188 million in the first quarter, to $392 million, as costs increased, but revenue increased 2 percent to $5.5 billion.

Karyopharm launches trials of child cancer drug

Michael Novinson |

Karyopharm Therapeutics is beginning early-stage clinical trials of its cancer drug, Selinexor, on children with relapsed or resistant forms of leukemia.

Multimillion-dollar expansion of Marlborough data center complete

Emily Micucci |

After nailing down $200 million in financing to expand facilities and increase its reach last September, data center services provider Xand has completed a multimillion-dollar expansion of its...

Framingham firm receives N.Y. certification

Framingham-based Boston Heart Diagnostics Corp. announced it can now serve patients with its diagnostics into personalized nutrition and lifestyle programs for patients with or at risk...

Report: VCs invest more for software, less for life sciences

The software industry in the United States drew $4 billion in venture capital during the first quarter of this year, its highest level in 14 years, according to a report from...

Stratus taps Colo. firm to boost resell

John Agoglia |

Maynard-based software provider Stratus Technologies, Inc., is partnering with Arrow Electronics of Englewood, Colo., to expand its reach through Arrow's network of authorized resellers.

BSX wins FDA approval on heart devices

Natick-based Boston Scientific Corp. (BSX) has received approval for its newest defibrillators and heart failure devices, including the trademarked Dynagen Mini, Inogen Mini ICDs, and the Dynagen XF...

Natick company receives $3M order

Emily Micucci |

Natick-based Cognex Corp., which manufacturers machine sensors, said it received more than $3 million in purchase orders for its DataMan barcode readers.

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