PTC acquisition of Onshape : US software company PTC has agreed to acquire Onshape, developer of a Software as a Service (SaaS) product development platform that combines computer-aided design (CAD) with data management and collaboration tools, for around $470 million. As per the latest IT acquisition news, the deal is expected to fast track PTC’s […]
ProTom International has been given 510(k) clearance from the US Food and Drug Administration (FDA) for its Radiance 330 proton therapy system installed at the Massachusetts General Hospital (MGH) in Boston. According to the proton therapy technology manufacturer, the installed Radiance 330 proton therapy system is a compact, single-room system, which features an advanced pencil […]
Siemens Healthineers, through its subsidiary Siemens Medical Solutions, has agreed to acquire US-based Corindus Vascular Robotics, a developer of precision vascular robotics, for around $1.1 billion. Headquartered in Waltham, Massachusetts, Corindus Vascular Robotics is engaged in developing robotic solutions for transforming the treatment of emergent conditions. The company’s CorPath platform is said to be the […]
US biopharma company PureTech Health has acquired a clinical-stage product candidate called LYT-100, which will be developed as the potential treatment of lymphedema, and other lymphatic and immunofibrotic diseases, as per the latest pharma acquisition news. The seller of LYT-100 and the financial terms of the acquisition were not disclosed by PureTech Health. The drug […]
Lubricants and automotive services provider Valvoline said that Henley Companies, its franchisee, has opened a new Valvoline Instant Oil Change (VIOC) service center on Cape Cod in the US state of Massachusetts. The latest service center opened by Henley Companies is located at 419 Main Street in Falmouth where appointments are not required. Henley Companies […]
US pharma giant Pfizer has opened Andover Clinical Manufacturing Facility (ACMF), a new 175,000sft biologics clinical manufacturing facility built with an investment of over $200 million in Andover, Massachusetts. The biologics clinical manufacturing facility will be used for the development and production of complex biologics and vaccines and is expected to expand Pfizer’s BioTherapeutics Pharmaceutical […]
Lightlife Foods, a Massachusetts-based company that produces vegetarian and vegan meat substitutes, has announced the launch of its new plant-based meat products – Lightlife Burger and Lightlife Ground in the meat aisles of thousands of retail stores across North America. The Lightlife Burger and Lightlife Ground will be sold at Acme, Albertsons, Haggen, Jewel, Vons, […]
Coffee chain For Five Coffee is set to open three outlets in Carr Properties’ buildings to offer specialty coffee and food in the Washington, DC Metro area and Boston, Massachusetts. The three coffee shops will open at King I at 1800 Diagonal Road, in Alexandria, Virginia in October, at 2311 Wilson Boulevard in Arlington, Virginia […]
Oisix acquisition of Purple Carrot : Japanese meal kit and organic food delivery service Oisix ra daichi has agreed to acquire US plant-based meal kit company Purple Carrot in a deal worth up to $30 million. Launched in 2014, Purple Carrot supplies fresh, pre-portioned ingredients to its subscribers across the US along with easy step-by-step […]
Global life sciences company Thermo Fisher Scientific has agreed to acquire Massachusetts-based Brammer Bio from Ampersand Capital Partners for about $1.7 billion in cash. Brammer Bio is a viral vector contract development and manufacturing organization (CDMO) serving bipharma companies seeking to develop and commercialize gene therapies. The CDMO was formed in 2016 through the merger […]