Mass High Tech Newspaper | Mass High Tech: The Voice of New England Innovation

Active Broadband Networks triples office space (Tue, 15 May 2012)
When Adam Dunstan and Chris Gunner co-founded Active Broadband Networks Inc. in 2005, no one believed that the future of broadband would be in managing subscribers based on their usage levels.
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Epizyme appoints new chief medical officer (Tue, 15 May 2012)
Epizyme Inc., a developer of therapeutics for genetically-defined cancers, has named a former Pharmacyclics executive, Eric Hedrick, as Chief Medical Officer.
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Decision Resources bought by Indian pharma for $635M (Tue, 15 May 2012)
Indian drug company Piramal Healthcare Ltd. has announced that it’s acquiring Decision Resources Group (DRG), a 500-employee healthcare information company in Burlington, for $635 million.
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Ra Pharmaceuticals comes out of stealth, raises $8.6M (Tue, 15 May 2012)
Quiet Ra Pharmaceuticals of Cambridge said today that it has closed $8.6M in a second tranche of a $27 million Series A round and will pursue hereditary angioedema (HAE) as the lead program for its Cyclomimetic drug discovery and development program.
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Local bio, pharma businesses join Nasdaq BI (Tue, 15 May 2012)
Two Bay State businesses have been added to the Nasdaq Biotechnology Index. Needham-based Celldex Therapeutics Inc. and Infinity Pharmaceuticals Inc. of Cambridge both announced on Tuesday that the companies will begin trading on the NBI prior to the market opening on Monday, May 21.
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Emme E2MS raises $2.6M in equity offering (Tue, 15 May 2012)
Connecticut newcomer Emme E2MS LLC, an environmental control and energy management company, has raised $2.6 million of a $4 million equity offering, according to a May 15 filing with the U.S. Securities and Exchange Commission.
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MIT names former provost as new president (Tue, 15 May 2012)
MIT announced L. Rafael Reif, MIT’s provost for the last seven years, has been selected as the 17th president of the Institute. Reif, 61, will take the role of president beginning Monday, July 2.
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Mitralign to use $35M round for mitral valve launch (Tue, 15 May 2012)
Cardiac device company Mitralign Inc. of Tewksbury has raised a $35 million, Series D funding round that it will put toward securing the European CE Mark for its catheter-based mitral valve repair technology and starting sales in the European Union.
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Former Vertica CEO Chris Lynch joins Atlas Venture (Tue, 15 May 2012)
Former Vertica Systems CEO Chris Lynch has joined the investment team of Cambridge’s Atlas Venture in a full-time capacity, the firm announced Wednesday.
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Startup behind ShopAdvisor gets $1.45M (Tue, 15 May 2012)
Evoqu Inc., which makes a cloud-based deferred purchasing platform for websites and applications, has received $1.45 million in equity from six investors out of a $1.95 million offering, according to federal filings.
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