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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...

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.

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