Most Emailed Stories
from the last 7 days
Friday, March 12, 2010
Anterion seeks funds amid new drug, market options
Anterion Therapeutics Inc. is a rare breed in the cash-hungry biotechnology world: It has managed to stay afloat despite raising only $900,000 in outside money since the company was incorporated in 2003. But now, with its drug discovery platform that both develops new drugs and creates a new market opportunity for existing drugs, it is going to need a big infusion of cash.
Tuesday, March 9, 2010
Boston rated first among telecommuting cities
Boston is the top U.S. medium-sized or large city for telecommuting, according to a new survey of 3,600 workers in 36 markets. The survey was commissioned by Microsoft Corp. but performed by an outside market research company.
Thursday, March 11, 2010
A123 Systems to make batteries for Navistar electric trucks
Battery technology company A123 Systems Inc. will be making its lithium ion battery systems for electric vehicles for truck company Navistar International Corp. under a new deal that will provide the batteries to a joint venture between Illinois-based Navistar and Japanese company Modec Inc.
Tuesday, March 9, 2010
Raytheon exec Jon Jones dies at 55
Defense contractor Raytheon Co. said Jon C. Jones, the president of its space and airborne systems division, died this past weekend of an apparent heart attack. He was 55.
Friday, March 12, 2010
Fluidnet rounds out $17M backing for IV fluid pumps
Fluidnet Inc. has raised an additional $7.5 million to bring to market an improved design for intraveneous fluid pumps used in hospital settings. The new financing brings the company’s total investment so far to $17 million.
Thursday, March 11, 2010
Web startup RunMyErrand to move execs west
After winning West Coast VC cash and a spot in Facebook Inc.’s startup incubator program, RunMyErrand Inc. is moving its top three startup executives to a new office in San Francisco; but founder Leah Busque said the move may not be permanent.
Friday, March 12, 2010
MHT Exclusive: Kleiner Perkins’ Ray Lane talks clean tech’s future in Boston
Ray Lane, managing partner of storied West Coast investment firm Kleiner Perkins Caufield & Byers, was in town last night to speak at an MIT Enterprise Forum of Cambridge event on investing in green technology firms and the future of clean tech in the U.S. and China.
Monday, March 8, 2010
MIT touts energy breakthroughs
MIT unveiled research this weekend in advance of its annual Energy Conference that outlined a new discovery in generating electricity directly from carbon nanotubes.
Wednesday, March 10, 2010
GT Solar prices $121M secondary stock offering
GT Solar Inc. has priced 25 million shares of its common stock for a secondary offering that could bring the Merrimack, N.H. company about $121.25 million.
Friday, March 12, 2010
MIT Clean Energy Prize semifinalists named
The MIT Clean Energy Prize reports it has chosen its semifinalists, who will compete for the $200,000 grand prize in May. Each team will be matched with an industry mentor and a legal mentor in the run-up to the winner being announced May 3.
Monday, March 8, 2010
DataXu closes $11M second VC round
DataXu Inc. has closed an $11 million Series B venture capital funding round led by Menlo Ventures, with additional funding from Atlas Venture and Flybridge Capital Partners.
Tuesday, March 9, 2010
PatientsLikeMe, Novartis join on organ transplant online community
Health care IT company PatientsLikeMe Inc. reports it is working with Novartis AG on a section of its online health care community focusing on patients with transplanted organs.
Tuesday, March 9, 2010
Collegium Pharmaceutical takes in $1M debt round
Collegium Pharmaceutical Inc., a Rhode Island developer of treatments of skin-related, respiratory and central nervous system disorders, has taken in $1 million of a planned $2.5 million debt financing round.
Tuesday, March 9, 2010
Covidien buys Orthofix vascular business
Orthofix International NV said Monday that it has sold the assets of its vascular business, including its AV-Impulse mechanical compression technology, to Covidien. Orthofix said it expects to receive net cash proceeds of up to $19 million from the sale.
Wednesday, March 10, 2010
Bruker acquires products from Agilent's Varian
Medical technologies developer Bruker Corp. has signed an asset purchase agreement with California genomics research firm Agilent Technologies Inc. to buy several product lines of Varian Inc.
Friday, March 12, 2010
Techstars Boston adds $450K, outlines incubator progress
In its second year as a local high-tech startup incubator, Techstars Boston has raised $450,000 and released a report card detailing the program’s performance about the nine companies it incubated last year in its first year in Boston.
Monday, March 8, 2010
Acetylon licenses drug tech from Harvard, Dana-Farber
Acetylon Pharmaceuticals Inc. reports it has licensed a drug discovery platform and a group of enzyme inhibitors from Harvard University and the Dana-Farber Cancer Institute.
Monday, March 8, 2010
Rcadia grabs European OK for cardiac CT analyzer
Rcadia Medical Imaging Ltd. of Newton says it has won approval in Europe for its automated analysis system for detecting coronary artery disease from a coronary CT scan.
Tuesday, March 9, 2010
Report: Mobile VC dollars plummeted in 2009
Venture capital dollars stayed away from mobile technology companies in droves in 2009, according to a report issued yesterday by Mobile Monday Boston. VCs put $338.65 million into local mobile plays in 2009, slightly more than half of 2008’s number of $565.28 million.
Tuesday, March 9, 2010
Ruffolo appointed Crossbeam Systems CEO
Crossbeam Systems Inc., a Boxborough-based security plaform developer for high-performance networks, has named Michael Ruffolo as its president and CEO, replacing former CEO Peter Fiore, who died last December.
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