- Gov. Charlie Baker said he’s “pleased” that House Republicans failed to pass an Obamacare replacement plan, saying the proposal would have had drastic implications for Massachusetts.Baker said Massachusetts leads the nation in access to quality health care, and the American Health Care Act would have threatened that status.“I am pleased today’s vote has been held as this bill would drastically affect the Commonwealth's ability to ensure essential care for thousands
- Bournewood Health System has been acquired by Arizona-based Alita Care, positioning the mental health hospital to grow in the future.Bournewood, based in Brookline, includes inpatient, partial hospitalization and outpatient programs for both adults and adolescents with psychiatric and substance abuse issues. The hospital was acquired for an undisclosed price, by Alita, which owns 16 locations throughout the country.Alita is owned by private equity firm Kohlberg & Company.A spokeswoman said&h
- The graduate school connected to Massachusetts General Hospital has hired a new president.Paula Milone-Nuzzo will be the sixth president of the MGH Institute of Health Professions, and will replace Janis Bellack, retiring in June after 10 years at the school.Milone-Nuzzo will come into the role on Aug. 15. Most recently, she worked as dean and professor of the College of Nursing at Penn State since 2008, and also served on the leadership council of the Pennsylvania Center for Health Careers sinc
- Placester, a Boston-based startup that makes software tools for real estate agents, has raised $50 million in an investment round led by New Enterprise Associates.The new cash brings Placester's total funding to $100 million. All of the company's last three rounds of investment have been led by NEA. Boston-based Romulus Capital was an early Placester investor and maintains a seat on the board.Placester CEO Matt Barba said the investment will be used to hire engineers and add more capability to&h
- The Greater Boston area is adding about 740 people per week to its population, making it one of the top U.S. metro areas to see growth over the past six years.Eleven major metropolitan areas, led by the Texas duo of Houston and Dallas-Fort Worth, are growing at a pace of more than 1,000 persons per week, based on population estimates issued by the U.S. Census Bureau.The federal agency released July 2016 estimates for 382 metros and 3,142 counties across the nation. Click on the View Slideshow&he
- This story originally appeared on BostInno.A Brightcove(Nasdaq: BCOV) board member has resigned over the Boston tech company’s “disappointing” performance and is calling for the publicly listed firm to sell itself.In a stern letter to Brightcove’s board dated March 17, Chet Kapoor said it was “no longer tenable” for him to serve as a director due to the “complacent, status quo-supporting boardroom environment” that has inhibited his efforts to maxi
- Lexington-based Concert Pharmaceuticals rebuffed a $250 million buyout offer from Vertex Pharmaceuticals in November before ultimately striking a deal earlier this month to sell a cystic fibrosis drug to the Boston company for $160 million, according to a federal filing.The filing on Thursday by Concert (Nasdaq: CNCE) offers new details about the negotiations leading up to its March 6 deal with Vertex(Nasdaq: VRTX). Under the agreement, Vertex is slated to acquire the 69-employee biotech’s
- Upstairs Downstairs Antiques shop owner Laura Cousineau with family and friends outside the store on Saturday, March 18, celebrating the 25th anniversary of the store. Former owner Rebecca Hackler, Joan O’Brien, Moley Manning, Cousineau with Quinn and Bob Cousineau, Former owner Lauren Decatur and Peggy Glynn.
- By Karen Cord Taylor
The proposed 775-foot tower to be built on the site of a grungy city garage started out nicely when plans were unveiled last summer. The developer, Millennium Partners, was largely responsible for revitalization of Washington Street with the Ritz complex, Millennium Place and the Millennium Tower that filled in Vornado’s Filene’s hole. They would pay the city $153 million for affordable housing and park maintenance in the Boston Common and Franklin Park. So far,
- By Beth Treffeisen
The current home of the Appalachian Mountain Club (AMC) headquarters on Joy Street in Beacon Hill will soon be condos.
The architect Guy Grassi, who is behind the major renovations and restoration of these three brick row houses, presented the changes at last week’s Beacon Hill Architectural Commission meeting.
Due to the numerous details to the project and the question whether additions to the back of some of the condos will be seen from a public way, the Commissi
- The Nichols House Museum has achieved accreditation by the American Alliance of Museums (AAM), the highest national recognition afforded the nation’s museums.
Accreditation signifies excellence to the museum community, to governments, funders, outside agencies, and to the museum-going public. Executive Director Victoria McKay is “ecstatic about the commission’s decision and very grateful to the staff, board members, partners, supporters and volunteers whose efforts have made th
- Neighborhood organizations, as well as individual residents should take full advantage of expressing comments and suggestions on potential transportation projects which could be included in the Massachusetts Department of Transportation (MassDOT) upcoming five-year Capital Investment Plan (CIP).
Now in the process of updating the CIP for fiscal years 2018-2021 and adding on fiscal year 2022, MassDOT is welcoming import through the public engagement process.
MassDOT claims every suggestion, comme
- By Betsy Peterson
The choices of medical treatment–and how far to pursue treatment–are confusing and hard enough when you are healthy. Palliative care or hospice (and what’s the difference?) Advance directive? MOLST? DNR? And if you are too sick to make the decision, who will decide, and what will they decide? Resuscitation? Intubation? Artificial feeding? Just “comfort care”? Will they know what you would choose on the spectrum from “alive at any cost”
- MassDOT will implement overnight double lane closures on Storrow Drive westbound in the vicinity of the Longfellow Bridge through Friday, March 24. The closures will be implemented from 11:00 PM each night to 5:00 AM the following morning. The closures are necessary to safely perform work on the Longfellow Bridge above the roadway.
Traffic will be monitored and the closures will only be implemented if volumes allow. WSC will make every effort to minimize noise during the overnight work hours. Th
- Kids 4 Coding, the Atlanta-based technology startup creating a tech-ready generation, expands its Boston offerings in 2017 with campus-based summer programs at both Newberry College in Brookline and the Sherrill Library in Cambridge.
One week half- and full-day camps for youth ages 7-15 focus on digital literacy and coding proficiency, unlocking and encouraging students’ potential for problem-solving, logical and creative thinking, math application and ingenuity. Highly interactive modules
- Beacon Hill Beat
From Boston Police Area A-1
Larceny from Motor Vehicle
03/08/17 – A victim reported that her 2006 Acura MDX was broken into at Beacon and Charles streets between 5 and 6:30 p.m. The left rear window was broken, and two gym bags containing clothing were removed from the vehicle.
Larceny from Motor Vehicle03/09/17 – A victim reported that his wallet containing bank and credit cards was taken from his 2002 VW Jetta between 4:55 and 5:15 p.m. The victim said
- Other than buying a home, there aren't a lot investments more costly than higher education.In its most recent survey of college pricing, the College Board reports that a "moderate" college for an in-state private college for the 2016–2017 academic year averaged $49,320. And, according to the investment management company Vanguard, tuition has been rising by about 6 percent annually for some time now.At that rate, when babies born today are turning 18, a year of higher education at private
- The FDA has approved a drug for a rare form of skin cancer that was developed in part by researchers at an EMD Serono facility in Billerica.The agency announced Thursday afternoon that it had approved avelumab, the first-ever treatment for metastatic Merkel cell carcinoma. The drug was jointly developed by German drugmaker Merck KGaA and Pfizer (NYSE: PFE), and will be sold by the companies as Bavencio. EMD Serono, based in Rockland, is the biopharma arm of Merck KGaA in the U.S. and Canada.Bave
- In response to employers' complaints about the state's plans to charge a new tax to pay for Medicaid, officials have struggled to come up with an alternative. But after discussions with the business community, the Baker administration may finally have its Plan B, and employers appear to like it.The administration is looking at potentially increasing an existing tax on businesses to help pay for Medicaid — an increase that would be considerably smaller than the $2,000-per-employee tax Gov.
- Dunkin' Brands Group Inc., the Canton-based parent company of Dunkin' Donuts and Baskin-Robbins, said Thursday that its chief financial officer is stepping down for another job in the retail industry.Paul Carbone, chief financial officer of Dunkin’ Brands (Nasdaq: DNKN), is leaving the company as of April 21, for a "general management position in the specialty retail industry," where he worked prior to joining Dunkin’ Brands, the company said in regulatory filing. It wasn't immediate
- The state’s largest hospice provider has a new leader.Patricia Ahern has been named the new CEO for the non-profit Care Dimensions, and will start in the role May 1. Ahern will replace Diane Stringer, who will retire this year after serving as president and CEO for 28 years.Ahern will be tasked with overseeing the massive hospice care network, which cared for nearly 5,000 patients in over 90 communities in Boston, MetroWest, North Shore and Merrimack Valley in 2016 alone.The organization&h
- Churning in the tanks a few weeks ago at Idle Hands brewery was a cloudy New England-style IPA. But more had gone into this citrusy brew than your average beer: it was the result of five different recipes over the course of the past six months, perfected with the help of feedback from customers.Idle Hands is the latest brewery to experiment with the revolving IPA, wherein a brewery tweaks a batch and releases it to the public before heading back to the drawing board.While breweries often release
- Cambridge-based Merrimack Pharmaceuticals has been hit with multiple lawsuits in the wake of a major overhaul that includes the sale of its top drug to a French company, according to a federal filing.Merrimack (Nasdaq: MACK) announced in January that it was selling its pancreatic cancer drug Onivyde, along with a generic version of ovarian cancer drug Doxil, to Paris-based Ipsen for $575 million. Merrimack also said it was cutting its headcount from more than 400 to 80, while refocusing on a han
- Shares of Burlington biotech Flexion Therapeutics soared to their highest point in more than a year and a half on Thursday following an unconfirmed report that French drug giant Sanofi is in talks to acquire the company for more than $1 billion.FiercePharma, citing an unnamed source, reported Thursday morning that the board of Flexion (Nasdaq: FLXN) has voted to accept a non-binding offer from Sanofi (NYSE: SNY), the parent company of Cambridge-based Sanofi-Genzyme. The offer values Flexion at&h
- The list of public Massachusetts-based tech companies that added the most employees in 2016 proves that the local tech industry had a strong year across the board.Flashy, fast-growing newcomers like Cambridge-based HubSpot Inc. (NYSE: HUBS) and Boston-based Wayfair Inc. (NYSE: W) stand shoulder-to-shoulder with Waltham's 100-year-old giant, Raytheon Corp. (NYSE: RTN), and newly resurgent chip makers like Woburn's Skyworks Solutions (Nasdaq: SWKS).The photo gallery above ranks 25 public tech comp
- Alaska Air Group dashed the hopes of Virgin America fans on Wednesday, saying that the Virgin America name will be retired over the next two years. But the combined airline will adopt some key features of Virgin America such as mood lighting.The combined carrier will adopt Alaska Airlines’ name and logo, with the Virgin America name likely making its final landing in 2019. Alaska is waiting for government authorization to operate as one carrier and has said the full integration will take a
- The total unemployment rate for Massachusetts increased to 3.4 percent in February from the revised January rate of 3.2 percent, the state Executive Office of Labor and Workforce Development announced Thursday.The preliminary job estimates from the Bureau of Labor Statistics indicate Massachusetts added 10,100 jobs in February. Year over year, BLS estimates Massachusetts has added 57,700 jobs.The February state unemployment rate is still lower than the most recently reported national rate of&hel
- Northeastern University announced Tuesday that its new cybersecurity institute will be led by a director of engineering at Google, a coup for academia as well as a city known for losing more bright minds to the Silicon Valley tech industry than it steals back.John Manferdelli will head the Northeastern University Cybersecurity and Privacy Institute, set to open this summer. The institute will focus on theoretical and applied research across a number of important cybersecurity topics, including&h
- Good morning, Boston, and Happy Thursday! Here are the five most important things you need to know to help start your busy business day, and how Boston helped "OK" to enter our vernacular.EF given one of state program’s largest tax breaksGreg Ryan continues his reporting on state incentive programs with this piece on EF Education First and its $6 million in tax breaks to construct a third building in Cambridge.500 Faulkner workers vote to join unionJessica Bartlett reports that the 500&hel
- via MassachusettsMs. Dunn spent most of her career at women’s colleges, which had been established long before women were admitted to many universities throughout the United States.
- via MassachusettsKory Stamper reveals the secret life of dictionaries in her book “Word by Word,” and in a visit to headquarters (oddities in the basement included).
- Putnam Investments is revamping its strategy for small-cap investments, including hiring new personnel and swapping out portfolio managers on multiple funds.The Boston-based asset manager will put greater emphasis on fundamental research in its small-cap funds, it announced Tuesday. It plans to cut down on the number of stocks it holds in three of the funds, in order to focus on those investments it believes will drive the greatest returns.The moves reinforce Putnam’s commitment to active
- After multiple trial failures, Waltham-based cancer drug developer Cerulean Pharma is laying off its employees, selling its lead drugs and merging with a San Diego biotech.But the company’s departing top executives are in line to receive bonuses.Cerulean (Nasdaq: CERU) announced on Monday that it will be absorbed by Daré Bioscience through a reverse merger, sell its two lead cancer drugs and its technology platform for a total of just $7.5 million, and lay off 11 of its 19 employees
- Sanofi-Genzyme, which expects to soon win approval for an eczema drug, has filed a federal lawsuit that seeks to preempt a possible patent challenge by Amgen.The Cambridge-based firm, a unit of French pharmaceutical giant Sanofi SA (NYSE: SNY), filed a suit in Boston federal court along with its partner Regeneron Pharmaceuticals (Nasdaq: REGN). The complaint asks a judge to rule that the drug does not infringe a patent held by Amgen (Nasdaq: AMGN).The treatment for atopic dermatitis, which will&
- Last week seemed like a bad one for Boston-based startup Fasten when its stint as the official ride-sharing service of the giant South by Southwest conference in Austin, Texas got off to a rocky start.The Fasten app crashed for about an hour on the night of Saturday, March 11 under the intense demand of the crowded festival, leading to angry tweets and negative headlines. But now that SXSW is over, Fasten has released statistics it hopes will show its two weeks in the spotlight went pretty well&
- Deutsche Asset Management has closed on its $447 million acquisition of 100 Northern Ave., a 17-story office building on Fan Pier in Boston’s Seaport District, according to a Suffolk County deed.The 516,000-square-foot commercial office property is home to Goodwin Procter, Boston’s second-largest law firm.The 100 Northern office was the fifth completed building in The Fallon Co.’s Fan Pier development area, which also includes the Vertex Pharmaceuticals headquarters at 50 North
- Just in time for spring, Boston Marathon sponsor John Hancock and Boston Mayor Martin J. Walsh revealed a new set of streetlight banners for this year's race, which is scheduled to take place on April 17.Roughly 500 banners will be installed around Boston. The banners' design incorporate illustrations rather than the more traditional photographs of recent years, and offer an outline sketch on each banner design. John Hancock’s 2017 Boston Marathon theme is “Make it Your Moment.&rdquo
- A panel of judges has upheld a key patent on Biogen’s blockbuster multiple sclerosis treatment Tecfidera, rejecting a challenge filed by hedge fund manager Kyle Bass last year.The Patent Trial and Appeal Board on Tuesday upheld the validity of the patent, which relates to the dosage of Tecfidera’s key ingredient. Since coming onto the market in 2013, the drug has emerged as Biogen’s biggest moneymaker, accounting for nearly $4 billion of the company’s $11.4 billion in tot
- Shifting the responsibility for overseeing the sprouting legal marijuana industry away from the Treasury would result in Massachusetts missing the already-delayed deadlines for licensure and the start of retail business, the treasurer said Monday.Treasurer Deborah Goldberg said her office has been working for 15 months toward implementing a legal recreational-marijuana marketplace and that taking oversight away from her office now would further delay legal sales. "My long-term concerns are that&
- Arctic Sand Technologies, a Burlington-based semiconductor company backed by GE and the founder of Analog Devices, will be acquired by a San Diego-based firm.The purchase price is $68 million, according to a spokesperson for Peregrine, which is a subsidiary of Japanese Murata Manufacturing Co.Arctic Sand was founded in 2011 based on MIT-developed technology. Ray Stata, the co-founder of Analog Devices Inc. (NASDAQ: ADI), participated in the company's $9.6 million Series A round in 2012. Murata&h
- Good morning, Boston! Here are the five most important things you need to know to help start your busy business day — none of which includes the fact that Tom Brady's jersey has been found ... in Mexico.Robert Kraft is a constant in Trump's orbitHe's already amassed a fortune while basking in the glory of owning one of the most successful football teams in history. But New England Patriots owner Robert Kraft is now soaking up a new kind of power: acting as an informal advisor to President
- In between name dropping, Irish songs and conventional messaging, Massachusetts public officials tried their hands at stand-up comedy Sunday, focusing a stream of zingers and duds on recently approved legislative pay raises, the immigration debate, and of course President Donald Trump at the annual St. Patrick's Day breakfast.Sen. Linda Dorcena Forry, a black Haitian-American who lives in Dorchester, set the tone in welcoming Republican Gov. Charlie Baker and noting that she had not invited Trum
- Six months after a men’s medical clinic were forced to pay $17 million related to its erectile dysfunction scheme, the two owners have been ordered to pay $13.5 million for their role, according to Massachusetts Attorney General Maura Healey's office.Dr. Kevin Hornsby and his wife, Heidi Hornsby, were convicted in Suffolk Superior Court of deceptively marketing erectile dysfunction services, treating more than 4,000 customers at their unlicensed Framingham facility with penile injections.T
- President Donald Trump again invoked MIT economist and Obamacare creator Jonathan Gruber, and Gruber is fighting back.At a rally in Nashville on Wednesday, Trump said Affordable Care Act — colloquially referred to as Obamacare — was “a catastrophic situation,” and promised that it would be gone in a “year or two” as premiums go up and insurers flee several state exchanges.“Remember the broken promises?” Trump said to cheers. “You can keep you
- Moby Dick Brewing Co. is officially open in New Bedford, bringing brewing back to this coastal town for the first time in 40 years.Operating on South Water Street, the brewery opened for the first time this week and already has seven beers on tap, including a double IPA (Sailors’ Delirium), an American white ale (Whale’s Jaw – sensing a theme here?), an American-style lager (Simple Sailor) and a German-style lager (Rising Wind).The 4,300-square-foot brewery cost $2 million to c
- Back in October, Alnylam Pharmaceuticals shelved its lead drug following the deaths of 19 patients in a late-stage trial, raising concerns among some investors that safety issues would plague the Cambridge firm’s entire pipeline.The company has argued this isn’t the case. While all of its drugs use RNA interference technology, a way of silencing disease-creating genes, the failed drug had a unique underlying chemistry.That argument appeared to gain some support on Friday when Alnylam
- A federal judge has dismissed a lawsuit filed by a former employee of Shields Health Solutions, while allowing a defamation lawsuit the company filed against the employee to continue.A former Shields employee who had been terminated, Thomas Guilfoile, alleged that Shields was engaged in activity violating federal anti-kickback rules, but in a decision filed March 10, federal judge Denise Casper said there wasn't sufficient evidence to prove his allegations. A defamation suit filed by Shields in&
- The Boston Business Journal held its first-ever BizMixer event on Thursday evening, bringing together business professionals to network and meet Business Journals staffers in an intimate venue.The event was sponsored by and held at The Palm Boston, One International Place, 100 Oliver St., in Boston's Financial District. It brought together nearly 100 business leaders from a wide variety of industries for a gathering focused exclusively on meeting like-minded businesspeople, growing one another's
- The Boston Planning & Development Agency on Thursday approved Boston College’s proposed athletics field house on its lower campus in Brighton. The project is part of BC’s $200 million athletic complex buildout plan.The 115,700-square-foot field house will be built on an 8.1-acre parcel near the intersection of Beacon Street and Chestnut Hill Driveway, next to the Shea Field parking garage, BC said.The field house will include a synthetic turf field that’s as large as a full
- The discussion about how law enforcement or government intelligence agencies might rapidly decode information someone else wants to keep secret is – or should be – shifting. One commonly proposed approach, introducing what is called a “backdoor” to the encryption algorithm itself, is now widely recognized as too risky to be worth pursuing any further.The scholarly and research community, the technology industry and Congress appear to be in agreement that weakening the enc
Follow @MassNewslocker on Twitter!