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Hospital systems are waiting, monitoring, and responding as COVID cases rise, even as they remain far below peak levels.
Framingham-based Alzheon, a clinical stage biopharmaceutical research and development firm, on Wednesday reported statistically significant results in brain preservation from a phase two trial of an early Alzheimer's disease drug.
Massachusetts snagged an additional $80 million in Federal Highway Administration money, the Healey administration announced, as part of a redistribution of funds that occurs annually.
Natick-based cancer detection firm Mercy BioAnalytics has added two executive positions to its roster ahead of commercialization plans for its product.
Natick-based Electric Hydrogen will soon be putting its Devens gigafactory to use, as it has entered an agreement to provide a 100-megawatt electrolyzer system to New Fortress Energy in Texas.
Marlborough bulk retailer BJ's Wholesale Club Holdings has named Anjana Harve as executive vice president, chief information officer.
Spectrum Health Systems has purchased a new property in Worcester, months after the mental health and substance use treatment provider outlined plans to move its headquarters from Worcester to Westborough.
Arch Therapeutics, a Framingham-based company specializing in wound care and biosurgical products, raised $2.6 million in bridge funding ahead of an intended uplisting of company stock.
Marlborough medical device titan Boston Scientific received approval from the U.S. Food and Drug Administration for an upgrade to its WATCHMAN technology, which is designed to reduce the risk of strokes in patients.
Ascend Elements raised more than $1 billion in the past year to build a new factory.
In an effort to increase the pace of new housing development in Massachusetts, Gov. Maura Healey has proposed streamlining the environmental review process for certain new housing projects, with the goal of reducing the time spent on the process from about one year to 30 days. Environmental reviews are a hallmark of community planning, to ensure new development doesn't negatively impact surrounding properties or natural resources, even though the process does add significant time and often cost to projects. Healey's proposal comes after Massachusetts fell behind the national average in new housing production, despite adding 90,000 new units since she became governor in 2023.
New England already averages the longest timeline in the nation to build a single-family home once the developer has been giving the authorization to move forward with construction, according to U.S. Census statistics compiled by the National Association of Home Builders. In 2023, single-family homes in New England averaged 13.9 months from permit to completion. The South Atlantic states have the lowest average of 8.9 months while the region that includes Texas, Oklahoma, Arkansas, and Louisiana is the second quickest at 9.4 months. The second-longest average after New England is the New York, New Jersey, and Pennsylvania region, which takes 13.2 months.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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