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Mon. Jan. 30, 2012 Sycamore Partners in talks to buy Talbots Sycamore Partners, which made an unsolicited bid to buy Talbots Inc. last month, has signed a confidentiality agreement with the troubled Hingham retailer to talk about a possible transaction. The agreement, signed on Friday, is the first official acknowledgement that Talbots is negotiating with the New York investment firm, which already owns nearly 10 percent of Talbots outstanding stock.	Advertisement
Bertucci’s selects SapientNitro as agency of record SapientNitro, part of Boston-based Sapient, today announced that it has signed an agreement to become the new agency of record for Bertucci’s, the Massachusetts-based restaurant group. SapientNitro’s scope of services will include research and strategy development, website development, rich media and online creative, broadcast production, print and radio advertising, media planning and buying, and menu development.
Radiopharmaceutical from Molecular Insight Pharmaceuticals to be manufactured A new targeted radiopharmaceutical, designed to deliver a therapeutic dose of radiation directly to metastatic prostate cancer, will be manufactured in Hamilton, Ontario to be used in clinical trials that will evaluate its efficacy and benefits for patients. The radiopharmaceutical, I-131-MIP-1466, will be manufactured by the Centre for Probe Development and Commercialization, for the developer of the compound, Molecular Insight Pharmaceuticals, based in Cambridge.
Aprima Medical Software selects DiagnosisOne to deliver clinical decision support for electronic health records DiagnosisOne, a clinical decision support and analytics company based in Lowell, today said that Aprima Medical Software has selected the company to provide clinical decision support for its electronic healthcare record solution. Through this partnership, the Aprima will integrate DiagnosisOne’s smartConsult solution into its offerings to deliver real-time, patient-specific alerts at the point of care.
TomTom adds voices of Mr. Burns, Marge Simpson to GPS service Today TomTom is adding Mr. Burns and Marge Simpson, from the TV show “The Simpsons,” to the voices it is offering GPS apps and personal navigation devices. The two new characters join the voice of Homer Simpson, which has become the most downloaded character voice of all time for TomTom.
Verastem launches on Wall Street Verastem Inc., a Cambridge company that is seeking to create drugs that target cancer stem cells, launched on the Nasdaq stock market today, opening at $11 a share, up from its initial public offering price of $10. It sold 5.5 million shares, raising $55 million dollars.
Report: Facebook may file for IPO next week Facebook Inc., the largest social- networking site, may file for its initial public offering on Feb. 1 and is close to hiring Morgan Stanley to handle the deal, the Wall Street Journal reported, citing unidentified people.
Harvard introduces venture fund with New Enterprise Associates New Enterprise Associates and Harvard University are introducing a seed-stage investment fund designed to support student startups and nurture technologies that trace their roots to Cambridge, Massachusetts. The fund, called the Experiment Fund, will begin today, the venture firm said.
UMass cited as national licensing income leader The University of Massachusetts placed in the top 15 nationally in generating income from the licensing of faculty-derived discoveries and products, according to the latest report from the Association of University Technology Managers. UMass generated $40 million in licensing income during fiscal year 2010, the most recent year for which figures are available, which placed it 13th nationwide on the list.
UMass: State economy slowed at end of 2011 The Massachusetts economy slowed at the end of 2011 as demand for information technology products declined and businesses moderated hiring after a spurt earlier in the year, the University of Massachusetts reported today. UMass, in its quarterly journal
Boston first US city to have 787 Dreamliner service Japan Airlines will fly the much-anticipated Boeing aircraft, which can fly long distances with less fuel than other planes its size, on its inaugural Boston-Tokyo flight April 22. The Japan Airlines flight, offered in partnership with American Airlines, is the first nonstop route between Boston and Asia.