Tuesday, March 15, 2011

Daily Business Update from the Boston Globe

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Tuesday, March 15, 2011

FDA grants 'orphan drug' status to Aegerion drug
CAMBRIDGE -- Aegerion Pharmaceuticals has received federal orphan drug status for its lead candidate, a treatment for people with severe lipid disorders.

Goodwill ready to unveil new look for Hub store
Goodwill said it is gearing up to unveil a new look for its store at 1010 Harrison Ave. in Boston, with a ribbon-cutting ceremony set for Thursday.

Congress Wealth Mgt. to move to Liberty Wharf
Congress Wealth Management, LLC a Boston investment management firm, is the latest office tenant of just-opened Liberty Wharf, a mixed-use complex on the South Boston Waterfront.

Atlantic Semiconductor plans move to Peabody
Atlantic Semiconductor LLC, a Topsfield-based firm that services and provides manufacturers with semiconductors, integrated circuits, and computer products, plans to move to new offices in Peabody in September.

Cambridge start-up focuses on celiac disease
ImmusanT Inc., a privately-held biotechnology company, said it has established its operations in Cambridge as it looks to develop an immunotherapeutic vaccine and a companion diagnostic and monitoring tool for celiac disease.

Holcim plans to mothball NY cement plant
Waltham-based Holcim Inc. said it will mothball its cement plant in Catskill, N.Y., in June in response to continued economic challenges and market conditions, a move expected to affect about 100 hourly and salaried employees.

Groupon restaurant discounts are under scrutiny
Groupon Inc., the daily-deal coupon site, said it is re-evaluating its policies after the Massachusetts Alcoholic Beverages Control Commission said that Groupon discounts for some Mass. restaurants may not be in compliance with state liquor laws.

Keds kicks off marketing road trip
Keds, the sneaker line offices in Lexington, said it is kicking off a marketing road trip to college campuses with a mobile shoe box and the theme of "How Do You Do?"

Monday, March 14, 2011

New Logan-KC service from Delta to start in June
Comair, a regional partner with Delta Air Lines, will begin flying from Logan International Airport to Kansas City this summer.

GM ranks Cadillac Village as tops in local sales
Cadillac Village of Norwood, part of the Village Automotive Group, said it has been recognized by General Motors Corp. as the overall leader in 2010 sales in Massachusetts and all of New England.

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