Thursday, August 26, 2010

Daily Business Update from the Boston Globe

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Globe Today

Thursday, August 26, 2010

Remy sports bar offers Patriots pass
Jerry Remy?s Sports Bar & Grill said it will offer a $350 ?Season Pass? program that will entitle football fans to special privileges during the upcoming New England Patriots season.

Report: Biotech sector still strong in Mass.
A new industry report says Massachusetts continues to be a national leader in the biotechnology sector, though its rate of job growth has slowed over the last decade.

Gaucher drug from Shire gets European OK
Shire plc, an British pharmaceutical company with its Human Genetic Therapies business unit in Lexington, said that it has gotten approval from regulators to market its Gaucher disease drug in nearly all of Europe.

NMT Medical has a new CEO
NMT Medical Inc.announced that Richard E. Davis has been named chairman, president, and chief executive of the company, effective immediately.

Genzyme will double shipments of rationed drugs
Genzyme Corp. has sent letters notifying US patients that it will double shipments next month of two enzyme replacement drugs the biotechnology company has been rationing for the past year.

Mass. reaches $1.35m settlement with biotech firm
Massachusetts officials say a biotech company has agreed to pay a $1.35 million settlement to resolve allegations that it marketed medical products for purposes that had not been approved by federal regulators.

Cisco announces intent to buy ExtendMedia
Cisco Systems, a California-based data networking company, said it plans to buy ExtendMedia, a Newton commpany that provides software-based content management systems that manage the entire lifecycle of video content through monetization for pay media and ad-supported business models.

Casner & Edwards becomes BBA sponsor firm
The Boston Bar Association, or BBA, said that the law firm Casner & Edwards LLP has become an association sponsor firm.

Judge denies request to suspend generic Lovenox
A federal judge has denied a request from Sanofi-Aventis that would have forced regulators to suspend and withdraw the approval of a generic version of its drug that is used to prevent blood clots, Cambridge-based Momenta Pharmaceuticals Inc. said.

PocketCPR includes Analog Devices technology
Chip-maker Analog Devices Inc. said that some of its technology is part of a small cardiopulmonary resuscitation device made by Zoll Medical Corp., another Massachusetts company.

RI gets first electric car recharging station
WEST WARWICK, R.I. -- Rhode Island has it first electric car refueling station, now the state just needs some electric cars on the road.

Papa Gino's opens a Pronto in Wellesley
Restaurant company Papa Gino's Inc. said it has just opened one of its new concept Pronto stores in Wellesley.

Today in Globe Business
A sample of Business stories from today's Globe.

Wednesday, August 25, 2010

Channel 5 adds early newscast
By Johnny Diaz, Globe Staff WCVB-TV Channel 5 is launching a 4:30 a.m. newscast, beginning Sept. 7 The newscast will be helmed by the station's morning team: anchors Randy Price and Bianca de la Garza, with meteorologist J.C. Monahan and...

HealthAlliance Hospital confirms job cuts
HealthAlliance Hospital in Leominster confirmed it will eliminate about 50 jobs, blaming the cutback on declining patient volume and lower reimbursements from health insurance carriers.

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