The partnership between Tufts Health Plan and Steward Health Care to offer a low-cost insurance option for businesses comes with strings attached for subscribers and delivers a blow to some prominent hospitals, particularly Children’s Hospital Boston and the Floating Hospital for Children.
Monthly Archives: October 2011
Apple may reap big gains from focus on TV
hat’s how much Apple could add to its already booming annual revenue if the company captures 10 percent of the market for television subscription services and TV advertising. The amount of money at stake is one reason Piper Jaffray analyst Gene Munster thinks Apple is preparing to sell a television set by late 2012.
IT still the little big man in Mass.
MHT’s James Connolly blogs: Even though the sprawling campuses of computer hardware companies are long gone, IT still means jobs in the Bay State. The fact that IT spending is stable may not be the best news, but it can provide some degree of comfort for all of the people in these varied companies, particularly when you drill down into the numbers.
New England wind tech projects draw DOE funds
A Massachusetts company and a pair of Maine projects received a share of $43 million in U.S. Department of Energy funds targeted at accelerating the development of offshore wind technologies and removing barriers to such wind projects.
Microsoft to consolidate units from Waltham to Cambridge
Microsoft Corp. has decided to expand its Cambridge home in Massachusetts, announcing today that the employees in its sales and marketing offices and the Microsoft Technology Center in Waltham would be moving to One Cambridge Center next summer.
MIT and Mass. companies get solar boosts
In a week when the solar energy sector has been under fire, MIT and three Massachusetts companies are among the beneficiaries of a U.S. Department of Energy solar technologies program that has awarded $145 million to 69 organizations in 24 states.
Is your cleantech business prepared to weather a perfect storm?
Flagship Ventures’ Jim Matheson: Even more so than the weather, the system model predicting the future of our global economy is massively complex, and right now most predictions point to continued stormy skies ahead. I offer an emergency preparedness checklist – modified from the few I read preparing for Hurricane Irene – for startups who are trying to weather this perfect storm of inaction.
GE, VC firms launch innovation challenge to fight cancer
GE and venture capital firms Kleiner Perkins Caufield & Byers, Venrock, Mohr Davidow and MPM Capital have launched a $100 million healthymagination open innovation challenge aimed at funding promising initiatives that may improve breast cancer diagnostics.
Former Genzyme Boss Henri Termeer Gives $10M to MGH for Personalized Medicine
Henri Termeer, the former CEO of Cambridge, MA-based Genzyme, has given $10 million to Massachusetts General Hospital to establish a new center for developing more personalized cancer drugs, according to a report in today’s Boston Globe.
Cancer vaccines come of age with positive clinical data
Sen. Edward Kennedy’s death two years ago from the deadly form of brain cancer, glioblastoma multiforme (GBM), called attention once again to how slowly treatments have progressed since former President Richard declared the war on cancer in 1971.
But a new form of treatment that goes beyond oncology drugs and surgery is now coming of age: cancer vaccines. At the American Society of Clinical Oncology (ASCO) meeting in Chicago over the weekend — a major forum for cancer researchers — several companies and research groups reported progress on cancer vaccines, including a New England company with a shot for GBM.