http://www.masshightech.com/latestnews.html Mass High Tech: The Voice of New England Innovation : breaking news from Mass High Tech Sat, 11 Feb 2012 01:06:40 -0500 en-US http://www.masshightech.com/ http://www.masshightech.com/images/flag.gif Rodney H. Brown http://www.masshightech.com/stories/2012/02/06/daily47-Russian-venture-firm-puts-100K-into-MassChallenge-2012.html Fri, 10 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation Less than a month after landing in Boston, the new venture finance firm Russian Venture Co. U.S.A. has committed to being a platinum level sponsor of the MassChallenge 2012, which brings along a $100,000 investment by RVC-USA in the Boston-based startup competition. Michelle Lang http://www.masshightech.com/stories/2012/02/06/daily46-Synageva-advances-rare-disease-treatment.html Fri, 10 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation Synageva BioPharma Corp. has returned encouraging results of a Phase 1/2 clinical trial of its lead program, SBC-102, in treating late onset Lysosomal Acid Lipase Deficiency, also known as Cholesteryl Ester Storage Disease, affecting both children and adults. Michelle Lang http://www.masshightech.com/stories/2012/02/06/daily45-Post-buyout-Atrium-Medical-plans-new-site.html Fri, 10 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation Atrium Medical Corp., the Hudson, N.H.-based medical devices firm acquired by Swedish company Getinge Group in October, will not be building a new facility in Merrimack, N.H. Instead, the company will look to occupy an existing facility in Merrimack, according to a published report. Rodney H. Brown http://www.masshightech.com/stories/2012/02/06/daily44-Zalicus-Hydra-team-up-on-pain-treatment.html Fri, 10 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation Zalicus Inc., the biopharmaceutical company formerly known as CombinatoRx, has teamed up with Cambridge neighbor Hydra Biosciences Inc. to move forward Zalicus’ pain treatment candidates. Lori Valigra http://www.masshightech.com/stories/2012/02/06/daily43-Alnylam-to-speed-lead-drug-candidates-development.html Fri, 10 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation Barry Greene, president and chief operating officer, Alnylam Pharmaceuticals Alnylam Pharmaceuticals Inc. of Cambridge said it will accelerate develop of two lead drug candidates that offer the greatest commercial opportunity, and that it has discovered a novel method to monitor the activity of RNAi in blood samples and granted the first license to Isis Pharmaceuticals. Michelle Lang http://www.masshightech.com/stories/2012/02/06/daily42-Ironwood-stock-offering-aims-for-80M.html Fri, 10 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation Ironwood Pharmaceuticals Inc. has priced a public stock offering aimed at bringing in just under $80 million to support the expected launch of its irritable bowel syndrome drug candidate, linaclotide. Julie M. Donnelly, Boston Business Journal http://www.masshightech.com/stories/2012/02/06/daily41-iRobot-share-price-falls-33-percent-on-defense-outlook.html Thu, 09 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation IRobot Corp.’s stock has lost a third of its value, after the company announced it would likely lose a significant chunk of its revenue from military contracts in the current year, due to constrained Department of Defense budgets. Rodney Brown http://www.masshightech.com/stories/2012/02/06/daily40-SpaceClaim-draws-up-a-4M-new-funding-round.html Thu, 09 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation Concord CAD software company SpaceClaim Corp. has raised $4 million in a new fundraising round according to an SEC document. CEO Chris Randles said the funds will help it expand distribution channels to keep up with rapid growth. Lori Valigra http://www.masshightech.com/stories/2012/02/06/daily39-Forsyth-gets-750K-grant-from-Gates-Foundation.html Thu, 09 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation The Forsyth Institute said today that it will get a $750,000 grant to research tuberculosis (TB) biomarkers through the Bill & Melinda Gates Foundation’s Grand Challenges in Global Health program, according to information provided by the institute. Rodney Brown http://www.masshightech.com/stories/2012/02/06/daily38-Hologic-Conceptus-both-file-appeals-in-patent-case.html Thu, 09 Feb 2012 00:00:00 -0500 Mass High Tech: The Voice of New England Innovation The legal fight between Hologic Inc. of Bedford and California firm Conceptus Inc. continues with Conceptus appealing a court’s ruling that denied its motion to stop Hologic from selling its Adiana permanent contraception system. In addition, Hologic filed an appeal of a jury verdict that found it had infringed on a Conceptus patent.