Browsing Tag
Massachusetts
128 posts
Azenta (AZTA) expands GENEWIZ with SynPlexity acquisition and $71m potential Elegen commitment
Azenta is expanding its GENEWIZ gene synthesis business through the completed acquisition of SynPlexity and an exclusive technology agreement with Elegen. Regulatory filings reveal potential capital commitments of $32 million to $71 million under the Elegen arrangements, raising questions about technology integration, commercial adoption and investment returns as Azenta works to improve its Multiomics business.
GE Vernova (NYSE: GEV) bets $9bn on Trench. Can the returns justify it?
GE Vernova is buying high-voltage equipment specialist Trench Group for US$9 billion while reporting record orders and upgrading its cash-flow guidance. But the acquisition price represents 13 times projected 2028 adjusted EBITDA, raising an important question about how much of the electricity infrastructure boom is already reflected in the deal.
EyePoint is cutting 53% of its workforce. Can DURAVYU’s DME trials rescue the strategy?
EyePoint is ending its pivotal wet AMD programme early and cutting roughly half its workforce after DURAVYU failed a second Phase 3 primary endpoint, leaving two diabetic macular edema trials as the company’s central value driver.
State Street Q3 profit rises 27% as custody assets reach $59.2tn, but shares weaken
State Street reported stronger earnings, record servicing activity and $6.3 trillion in assets under management, but slower sequential revenue growth and valuation concerns have complicated the market response.
Flatiron Energy closes $850m financing for 1.2 GWh Boston battery storage project
Flatiron Energy's financial close advances its Energizar battery storage development in Chelsea, Massachusetts, with a combination of bank debt, preferred equity and tax credit commitments supporting one of the largest proposed urban storage facilities in the United States.
Draper expands Lowell chip packaging plan to 111,000sft as defense capacity moves onshore
Draper has broken ground on a substantially expanded microelectronics center in Lowell that will combine chip design, advanced packaging and low-volume production for national security systems when it opens in 2029.
US Coast Guard ends Nantucket air ambulance search as six aboard are presumed dead
Six people are presumed dead after an air ambulance crashed off Nantucket. See what happened and what investigators are examining next.
Powerful US nor’easter leaves one dead as Northeast faces flooding, outages and travel chaos
A powerful nor’easter killed one and flooded the Northeast as outages and travel chaos spread. See when the storm will finally move out.
Jury weighs murder or lack of criminal responsibility in closely watched Lindsay Clancy trial
Lindsay Clancy’s murder trial reaches the jury as prosecutors and defense clash over postpartum psychosis, intent and criminal responsibility.
Massachusetts manhunt intensifies for Karen Solomon after veteran Worcester police officer’s death
Massachusetts authorities intensify the search for Karen Solomon as an arrest warrant follows the death of veteran Worcester officer Kurt Solomon.