Massachusetts news

• Sarepta CEO Ed Kaye to resign

  27-04-2017 23:16 via feeds.bizjournals.com
  Sarepta Therapeutics CEO Ed Kaye said Thursday that he plans to step down from his post at the Cambridge biotech at the end of the year.Kaye, who was named interim CEO of Sarepta (Nasdaq: SRPT) in March 2015 and took on the job permanently in September 2016, announced his plan to depart during a conference call with analysts. Kaye said he will continue to serve on Sarepta's board.Last year, Sarepta won approval for Exondys 51, the first drug to treat Duchenne muscular dystrophy. The company said
  
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• 84 Lumber set to open first store in Greater Boston

  27-04-2017 22:10 via feeds.bizjournals.com
  84 Lumber, the Pennsylvania-based building materials supplier, is set to open its second Massachusetts location — this time a little closer to Boston.The company will hold a grand opening for the store at 54 High St. in Holbrook on May 11. The chain based in the Pittsburgh area already has a store in West Springfield.“With the opening of this store, we’re not only expanding our footprint but also building new relationships with customers throughout Boston, Cape Cod and Providen
  
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• Viewpoint: Economic impact of migraine in the U.S. is untenable

  27-04-2017 21:27 via feeds.bizjournals.com
  This week, more than 10,000 neurology professionals are converging in Boston for the American Academy of Neurology Annual Meeting. This is an exciting time in neurology: Due to technological advances and the enhanced ability to analyze large volumes of data, we’ve made more progress in neuroscience over the last decade than ever before. While there is still much work to be done, the field has made significant strides in understanding and treating Parkinson’s, Alzheimer’s and mu
  
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• Boston Architectural College creates Howard Elkus scholarship

  27-04-2017 20:56 via feeds.bizjournals.com
  The Boston Architectural College has created an endowed scholarship in memory of Howard Elkus, a visionary architect who died unexpectedly on April 1.The scholarship will aid “financially disadvantaged and underrepresented minority students” at the BAC. The school was originally founded in 1889 as the Boston Architectural Club and has a mission of diversifying the design profession.The Howard F. Elkus Scholarship was created with gifts made in Elkus’s memory. Elkus served as an
  
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• Why WilmerHale fell off the list of 20 highest-grossing law firms

  27-04-2017 20:51 via feeds.bizjournals.com
  WilmerHale dropped off the list of 20 highest-grossing law firms in the U.S. in 2016 thanks to a small decline in revenue, according to data published Thursday by The American Lawyer. But that doesn’t mean the firm isn’t happy with its fiscal performance.The firm, one of Boston’s largest, generated $1.13 billion in gross revenue last year, an 0.8 percent decline from 2015. WilmerHale fell from No. 20 in Am Law’s annual rankings to No. 24, one of only a handful of firms in
  
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• AMSC stock plummets after drop-off in orders leads to 'revenue shortfall'

  27-04-2017 20:36 via feeds.bizjournals.com
  Shares of long-struggling energy technology company ASMC dropped nearly 25 percent Thursday after the Devens-based firm released preliminary financial results that forecast a severe drop in revenue for the most recent fiscal quarter.Shares in the company were trading at about $5.75 as of Thursday afternoon.AMSC (Nasdaq: AMSC) announced that a major customer — India-based Inox Wind Ltd. — has ordered fewer electronic control systems than anticipated because of an Indian wind-energy au
  
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• Nurses union agrees to Brigham buyouts, but vows to protect patients

  27-04-2017 20:30 via feeds.bizjournals.com
  The Massachusetts Nurses Association said it's monitoring the buyout process announced at Brigham and Women’s Hospital today, but vowed to oppose "any reduction in staff that affects patient care."The academic medical center, which is owned by Partners HealthCare, announced Thursday to employees that it would be offering 1,100 employees at Brigham and Women’s and Brigham and Women’s Faulkner hospitals buyouts. The offer would also be extended to approximately 500 employees who
  
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• Why is GE naming its Boston headquarters 'Innovation Point'?

  27-04-2017 20:13 via feeds.bizjournals.com
  Earlier this week, multinational conglomerate General Electric Co. sent out an invitation to the groundbreaking ceremony for its $200 million Boston headquarters campus. The name of that campus?“GE Innovation Point.”GE (NYSE: GE) officially became a Boston-based company last August and is working out of temporary space on Farnsworth Street. That office, and GE’s 2.5-acre future site along the Fort Point Channel, are located fully within the Fort Point neighborhood.Yet GE, when
  
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• Moderna's bird flu vaccine performs well ​in first human trial

  27-04-2017 19:21 via feeds.bizjournals.com
  Cambridge-based Moderna Therapeutics on Thursday unveiled early data from its first human trial, saying that its bird flu vaccine had easily outperformed a placebo.Moderna is focused exclusively on an approach known as messenger RNA, which recruits the body's own cells to create proteins to fight disease. The privately-held company employs 460 people and has attracted more than $1 billion in investments and partnership deals, but has revealed few details about its pipeline in recent years.The&he
  
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• ViewPoint: Would Trump's tax cut be the biggest ever? Fat chance

  27-04-2017 18:08 via feeds.bizjournals.com
  President Donald Trump has long been known for his fondness for superlatives when describing his projects and policies. His administration’s proposal for a tax cut is certainly no exception.In a recent interview with the Associated Press he declared:“It will be bigger, I believe, than any tax cut ever. Maybe the biggest tax cut we’ve ever had!”Americans just got their first taste of some of the details of his tax overhaul. Treasury Secretary Steve Mnuchin repeated his bos
  
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• A Business Deal and a Murder, Seen Through the Rearview Mirror

  27-04-2017 12:00
  It seemed like the beginning of a good relationship. It ended in a murder trial and a suicide.
  
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• 21,587 Reasons to Fix Forensic Science

  27-04-2017 10:21
  A yearslong scandal involving a tainted crime lab shows how far prosecutors will go to win.
  
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