Thursday, July 10, 2008
Airlines ask travelers to push Congress on oil prices
Hardships make for strange bedfellows. In an unusual move, 12 US carriers - AirTran, Alaska, American, Continental, Delta, Hawaiian, JetBlue, Midwest, Northwest, Southwest, United and US Airways - are asking passengers to push Congress to rein in oil speculators....
Menino details biotech company moves
Boston Mayor Thomas M. Menino said today that several biotech companies are moving to Boston or expanding their operations in the city, helping it inch toward its goal of adding thousands of biotech jobs. Paratek Pharmaceuticals Inc., a Boston drug...
Apple's App store will sell uLocate services
Boston's uLocate Communications Inc. today announced its location-based application, Where, will be available from Apple Inc.'s new App store. According to uLocate Communications, iPhone and iPod Touch users can leverage Where's library of location-enabled widgets to easily discover nearby...
Salem Five debuts customer text-message service
Salem Five announced its latest technology-based offering, Salem Five Account Text Messaging, which enables customers to receive account balance and transaction history for their accounts via text message on their cell phones and personal digital assistants. With $2.7 billion...
Tobacco ads target teens in song
The youth smoking prevention campaign "truth," created with input from the Boston ad agency Arnold, has launched a "ReMix" project on its website that features songs with anti-tobacco messages. "Songs from the current truth advertising campaign will be getting...
Follow-up drug studies are becoming more routine
Studies of prescription drugs following their release on the market are becoming increasingly routine in the United States, Europe, and Japan, according to a new analysis by the Tufts Center for the Study of Drug Development. In many cases,...
BJ's enjoys strong June sales
BJ's Wholesale Club Inc. said today its June same-store sales jumped 14.5 percent, topping analyst expectations, as sales of both merchandise and gasoline rose sharply. The Natick-based big box retailer said for the five-week period ended July 5, same-store...
Hub firm launches with help from pharma giants
Boston start-up Enlight Biosciences said today it will direct up to $39 million to "advance breakthrough technologies that can fundamentally alter drug discovery and development." According to its press release, the company was conceived by PureTech Ventures, a Boston...
Exact Sciences provides screening-test update
Exact Sciences Corp. of Marlborough today provided a regulatory update on its "Version 2" DNA technology for cancer screening. The company said that it has confirmed with the Food and Drug Administration the clinical performance characteristics and the minimum...
GSI Group agrees to buy New York company
GSI Group Inc. today announced that it has agreed to buy Excel Technology Inc. in an all-cash transaction for $32 per share, or about $360 million. GSI Group, a Bedford company that supplies precision technology to the global medical,...
Wednesday, July 9, 2008
Boston Scientific loses bid for new patent trial
A federal judge in Dallas rejected a request by Boston Scientific Corp. for a new trial in a patent-infringement case that ended with a $501 million judgment against the Natick medical-device maker. Boston Scientific said it planned to appeal. The...
ISO New England names Chadalavada to new post
ISO New England Inc. announced today the appointment of Vamsi Chadalavada to the post of senior vice president and chief operating officer, effective immediately. Headquartered in Holyoke, ISO New England is the operator of the region's bulk power system...
Boston tech pioneer dies
Alex d'Arbeloff, who cofounded the electronics company Teradyne Inc. above a Boston sandwich shop in 1960 and turned it into a $1 billion business, died last night. Mr. d'Arbeloff, who was 80 and lived in Brookline, had also served...
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