Manufacturing News

Wednesday, February 8, 2012

Harvard Bioscience buys German lab product maker
Harvard Bioscience Inc., a maker of scientific instruments and apparatuses, continues its small buying spree with its latest acquisition of AHN Biotechnologie GmbH of Germany, announced today in a news release.

Monday, January 30, 2012

Molecular Insight moves pre-trial compound to manufacturing
Molecular Insight Pharmaceuticals Inc. is bringing its small-molecule-based radiopharmaceutical to clinical trials as a potential treatment for metastatic prostate cancer. Plans for the clinical trial follow the Cambridge biotech's emergence last May from Chapter 11 bankruptcy protection to become a restructured company.

Friday, January 27, 2012

Mass. puts $14.6M into Fall River biomanufacturing plant
True to its word from a year ago, the state of Massachusetts has ponied up nearly $15 million for a new biomanufacturing plant tied to UMass Dartmouth.

Tuesday, January 24, 2012

FDA OKs Genzyme’s Framingham plant
Less than a week after Genzyme's Framingham plant landed approval from the European Medicines Agency to manufacture Fabrazyme, the U.S. Food and Drug Administration has also given the OK to produce the treatment for Fabry disease.

Monday, January 23, 2012

Cabot completes $450M sale of specialty metals unit
Cabot Corp., a Boston specialty metals company, has closed the sale of its Supermetals business, expected to bring in proceeds of at least $450 million, to Australia-based Global Advanced Metals.

Wednesday, January 18, 2012

Genzyme's Framingham plant gets EU OK
Genzyme, a Sanofi company based in Cambridge, has been approved by the European Medicines Agency to use its Framingham manufacturing plant to produce Fabrazyme, a treatment for Fabry disease.

Wednesday, January 11, 2012

Microtest to make ImmusanT celiac vaccine for trials
ImmusanT Inc. has picked Agawam's Microtest Laboratories to manufacture the Cambridge biotech's Nexvax2 immunotherapeutic vaccine for its expected upcoming clinical trial as a treatment for celiac disease.

Thursday, January 5, 2012

Nanocomp gets big funding for tiny tubes
Nanocomp Technologies Inc., a Concord, N.H., nanomaterials company, has raised $7.7 million of a planned $25 million new financing round, federal documents show.

Wednesday, January 4, 2012

Brooks Automation buys cell imaging system
After being both a buyer and seller of companies in 2011, Brooks Automation Inc. of Chelmsford is starting 2012 off as a buyer, acquiring a cell imaging system from Cyntellect Inc. for approximately $9.2 million.

Thursday, December 29, 2011

A123's customer Fisker recalls cars for battery fix
In light of a potential battery defect announced by A123 Systems Inc. of Waltham, its customer Fisker Automotive Inc. is recalling some of its Karma electric vehicles, which uses a battery system made by A123.

Thursday, December 22, 2011

Boston-Power adds $30M funding to build China plant
Boston-Power Inc., a Westborough maker of next-generation lithium-ion batteries and systems, has landed an additional $30 million in new funding to add to the $125 million investment the company took in September.

Monday, December 12, 2011

Millennium reports myeloma drug advances, updates drug recalls
Cambridge cancer pharmaceutical company Millennium: The Takeda Oncology is reporting advances in its drugs for multiple myeloma, and said it is adding manufacturing suppliers in the wake of a series of precautionary recalls for its Velcade treatment in the United States and Europe.

Thursday, December 1, 2011

Aveo asks Boehringer to make anti-tumor drug
Cambridge biotech Aveo Pharmaceuticals Inc. has picked German pharmaceutical giant Boehringer Ingelheim to be the large-scale producer of its tumor-fighting drug ficlatuzumab, which is currently in Phase 2 trials.

Friday, November 25, 2011

MIT discovery could lead to all-optical chips
Researchers at MIT outline a discovery in a scientific journal that the school says could make all-optical silicon chips possible, which could lead to much faster computing.

Wednesday, November 23, 2011

3D printer startup Formlabs takes in $500K
Brand new startup Formlabs Inc., just incorporated last month, has raised $500,000 of what it plans as a $1.5 million initial funding round, federal documents show.

Monday, November 21, 2011

3D printing firm Z Corp. getting acquired as part of $137M deal
Three-dimensional printing technology company Z Corp. of Burlington is being bought by 3D Systems Inc., in a deal in which Z Corp.'s parent is selling it and another subsidiary for $137 million combined.
Solais socks away $1.75M in Series B round
LED lighting technology company Solais Lighting Inc. has raised $1.75 million of a planned $2.5 million new funding round, according to federal documents. The Stamford, Conn.-based company also has research operations in Newburyport.

Friday, November 18, 2011

TeraDiode lights up a $10M Series B round
Advanced laser technology company TeraDiode Inc. has raised $10 million in a Series B funding round, led by California venture capital firm Argonaut Ventures I LLC, the company said in a release.

Thursday, November 17, 2011

Valpey-Fisher being bought by CTS for $18M
Hopkinton's Valpey-Fisher Corp. has agreed to be purchased by Indiana company CTS Corp. in an all-cash deal worth approximately $18 million, according to a release.

Wednesday, November 16, 2011

GT Advanced Tech plans $100M share buyback
New Hampshire polysilicon equipment maker GT Advanced Technologies Inc. reports that it plans to buy back up to $100 million of the company’s common stock, and will retire the majority of the purchased shares in the quarter ending Dec. 31, 2011.