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Fallon Health hits new membership high and $2.8M profit

Grant Welker |

Fallon Health of Worcester hit a new high of more than 277,000 members in the second quarter, a period in which it also reported a $2.8 million net profit, it announced Wednesday.

Worcester courthouse redevelopment wins $800K tax credit

Grant Welker |

A long-awaited redevelopment of the former Worcester County Courthouse in Lincoln Square will be helped by an $800,000 state historical tax credit.

MGM preps for Springfield opening, highway advertising

State House News Service |

MGM Springfield, the state's first resort casino, has been humming with activity in recent days as employees complete dry runs of gaming and entertainment operations ahead of the planned grand...

Hologic subsidiary lands laughing gas rights

A subsidiary of Marlborough medical device firm Hologic has landed the U.S. and Canadian distribution rights of a Pennsylvania medical equipment manufacturer’s nitrous oxide and oxygen systems.

Biostage eyes FDA application in 2019

Despite just $5.8 million in cash to its name, Holliston organ bioengineering firm Biostage is eyeing a 2019 U.S. Food and Drug Administration application for its esophagus-regenerating device.

Inc. 5000 honors 16 fast-growing Central Mass. firms

Zachary Comeau |

A total of 16 Central Massachusetts companies made Inc. 5000's 2018 list of the 5,000 fastest growing companies in the country.

Coghlin Cos. co-founder establishes $25K Nichols scholarship

James Coghlin Sr., co-founder and chairman of Worcester manufacturing conglomerate Coghlin Cos., and wife Nancy have donated $25,000 to his alma mater Nichols College to establish the James ‘67...

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.

AAA: Stable gas prices could mean supply-and-demand balance

Zachary Comeau |

The U.S. gasoline supply and demand could be beginning to level out as the state's gas prices dropped one cent this week, AAA Northeast said.

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