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• Enlight Biosciences Forms Partnership with Abbott Labs

  There’s big news about Enlight Biosciences breaking here at the Xconomy Forum: Pharma’s Bet on Boston Innovation. Abbott Laboratories (NYSE:ABT) has joined the consortium of big pharmas that are... Read more »

• On-Q-ity Raises $21M in A Round for Personalized Cancer Testing

  Waltham, MA-based diagnostics firm On-Q-ity has found $21 million in a Series A round of venture capital, according to a story this morning in peHUB. The developer of cancer tests... Read more »

• Exploring Mountains of Innovation in Northern New England

  It’s not that I thought Vermont and New Hampshire were technological backwaters, because I knew from my years of working in Boston that the local venture capitalists were pumping millions of... Read more »

• GTC Raises $10M from LFB Biotech

  Framingham, MA-based GTC Biotherapeutics (NASDAQ:GTCB) said it has raised $10 million through the sale of its shares to French biotech drug maker LFB Biotechnologies, a major shareholder in GTC.... Read more »

• New England Biz Plan Competitions That Offer Cash and Connections to Entrepreneurs

  It seems like every few days since Labor Day weekend we at Xconomy get invited to attend or cover an entrepreneurship competition. This is a good thing. It means there are... Read more »

• iRobot Lanches Healthcare Unit

  IRobot (NASDAQ:IRBT), the Bedford, MA-based maker of robots such as the Roomba for vacuuming and the PackBot for the military, revealed today that it has created a healthcare unit... Read more »

• Singapore Backs ScanScout in $8.5M B Round

  ScanScout, a Boston-based provider of in-stream online video ads, said it has completed its $8.5 million Series B round of venture capital with an investment from EDB Investments, a firm that... Read more »

• Virdante Pharma Lands $30M in A Round to Combat Inflammation

  Virdante Pharmaceuticals is expanding development of its anti-inflammatory drugs with a second closing of what is now a $30 million Series A round of venture capital, the company’s CEO, John Ripple,... Read more »

• $2.5M for CorNova

  CorNova, a Burlington, MA-based developer of coronary stents with platinum surfaces, has raised $2.5 million of a proposed $6 million in equity financing, according to an SEC filing. The filing... Read more »

• Interlace Gets FDA Clearance

  Interlace Medical, a Framingham, MA-based developer of medical devices for gynecologists, said today that the FDA has granted the firm clearance to market its MyoSure device for removing fibroids and polyps... Read more »

• Polaris Venture Adds Google Vet

  Polaris Venture Partners, which has its main office in Waltham, MA, has tapped former Google employee Jon Steinberg to be an executive in residence at the venture firm, VentureWire reports.... Read more »

• LaunchCapital Aims to Fill Lending Gap

  LaunchCapital, a Cambridge, MA-based firm focused on early-stage financing, revealed today on its website that it has launched a lending option for small businesses. The firm plans to lend up to... Read more »

• Raytheon Pays $350M for BBN

  Raytheon Company (NYSE:RTN) said yesterday that it has wrapped up its buyout of Cambridge, MA-based BBN Technologies for about $350 million. The amount of the purchase was not disclosed... Read more »

• Microsoft and Its Competitors Still In Search of Mainstream User Base for Personal Health Records

  Microsoft hasn’t yet attracted the millions of patients it would like to its personal health data service, HealthVault, says Peter Neupert, corporate vice president of the company’s Health Solutions Group.... Read more »

• Big Connected Health Symposium: What Video Games, Social Networking, and Other Tech Innovations Are Doing for Healthcare

  Partners HealthCare’s Center for Connected Health is holding its sixth big Connected Health Symposium in Boston this week, and there’s definitely more optimism here that information technology is becoming more mainstream... Read more »

• STR Holdings Sets IPO Terms

  STR Holdings, an Enfield, CT-based maker of sheets and film that encapsulate solar cells, said today that the company and its shareholders propose to sell 12.3 million shares of common stock... Read more »

• Inside the Mascoma Labs: Tracking Ethanol-Making Microbes from Lebanon to Rome

  Microbiologist Larry Feinberg has dug into piles of waste from paper factories and explored hot springs in the West for microbes that he calls “tough bugs,” because of their ability to... Read more »

• Illume Software Adds to Series A to Stop Driving While Texting and Talking on Mobile Phones

  Many of us have seen cars swerving on the road ahead and later pull up to catch the driver gabbing on his or her mobile phone. Perhaps a few of us... Read more »

• Mintera Finds $4.1M

  Mintera, an Acton, MA-based developer of next-generation optical switches, has raised $4.1 million of a potential $5 million round of equity and options financing, according to an SEC filing. The... Read more »

• Synageva Finishes $45M Round

  Synageva BioPharma, a Waltham, MA-based developer of new and generic biotech drugs, said this morning that it has raised $12 million, on top of $33 million announced in May, to complete... Read more »