Content about Massachusetts

June 16, 2011

French drug maker Sanofi has entered a collaboration with Audion Therapeutics to develop treatments for hearing loss.

PARIS — French drug maker Sanofi has entered a collaboration with Audion Therapeutics to develop treatments for hearing loss.

Sanofi announced the collaboration Thursday, which will utilize technology that Audion co-founder Albert Edge developed at the Massachusetts Eye and Ear Infirmary in the Eaton-Peabody Laboratory. Sanofi will have the option of licensing technology rights from Audion related to research conducted under the collaboration.

June 16, 2011

Stop & Shop has commenced a fundraising campaign to benefit victims of the recent tornadoes in Massachusetts.

QUINCY, Mass. — Stop & Shop has commenced a fundraising campaign to benefit victims of the recent tornadoes in Massachusetts.

The retailer said that 100% of the donations from the campaign, which will run from Friday through July 4, will go directly to the American Red Cross of central and western Massachusetts.

June 10, 2011

The Juvenile Diabetes Research Foundation and Selecta Biosciences have established a research collaboration to develop vaccines for Type 1 diabetes, also known as juvenile diabetes.

NEW YORK and WATERTOWN, Mass. — The Juvenile Diabetes Research Foundation and Selecta Biosciences have established a research collaboration to develop vaccines for Type 1 diabetes, also known as juvenile diabetes.

Through the collaboration, JDRF will provide "milestone-based financial support and expertise" to Selecta, which ultimately would apply its vaccine technology to create a vaccine that would halt or prevent the autoimmune response that causes Type 1 diabetes.

June 9, 2011

Wellness has expanded its line of canned cat food with 12 new varieties.

TEWKSBURY, Mass. — Wellness has expanded its line of canned cat food with 12 new varieties.

June 7, 2011

Wellness natural pet food has introduced two dog food recipes that support total well-being among small dogs.

TEWKSBURY, Mass. — Wellness natural pet food has introduced two dog food recipes that support total well-being among small dogs.

The company said its Super5Mix Small Breed line now includes Small Breed Just for Puppy and Small Breed Healthy Weight varieties that provide necessary nutrition for growing dogs and those that need help achieving weight loss, respectively.

June 2, 2011

A company that develops insulin-pump technology without tubing, such as the OmniPod insulin management system, has acquired a durable medical equipment distributor that specializes in direct-to-consumer sales of diabetes supplies.

BEDFORD, Mass. — A company that develops insulin-pump technology without tubing, such as the OmniPod insulin management system, has acquired a durable medical equipment distributor that specializes in direct-to-consumer sales of diabetes supplies.

June 2, 2011

Shaw’s Supermarkets announced that its Massachusetts stores have received supermarket recycling program certification from the Massachusetts Department of Environmental Protection.

WEST BRIDGEWATER, Mass. — Shaw’s Supermarkets announced that its Massachusetts stores have received supermarket recycling program certification from the Massachusetts Department of Environmental Protection.

June 2, 2011

Costco Wholesale and BJ’s Wholesale reported strong sales growth and produced impressive comps even without the benefit of fuel sales.

ISSAQUAH, Wash. and WESTBOROUGH, Mass. — Costco Wholesale and BJ’s Wholesale reported strong sales growth and produced impressive comps even without the benefit of fuel sales.

Costco reported that net sales for the month of May increased 17% to $7.14 billion from $6.09 billion last year. This year’s May results period included sales from the company's Mexico joint venture. If these sales are excluded, Costco’s net sales increase would have been 14%.

June 1, 2011

Carex Health Brands on Wednesday announced the opening of its new corporate headquarters in Boston.

NORWELL, Mass. — Carex Health Brands on Wednesday announced the opening of its new corporate headquarters in Boston.

As a reflection of the company’s growth and development, the new East Coast headquarters supports the expansion of Carex’s marketing team, an initiative planned to increase brand building efforts and double new product development, the company stated.

May 31, 2011

Cool Gear has introduced a new set of reusable water bottles, cups and food containers that are designed to keep food and drinks chilled for a long period of time.

PLYMOUTH, Mass. — Cool Gear has introduced a new set of reusable water bottles, cups and food containers that are designed to keep food and drinks chilled for a long period of time.

The lineup includes:

  • The EZ Freeze Freeze n’ Lock leak-proof, stackable food storage containers with patented nontoxic freezer gel and lids that snap and lock to keep food fresh. They are available in three colors — blue, green and purple — and shapes — circular, rectangular and square;

May 25, 2011

Biogen Idec is looking to address the advantages and challenges female clinicians experience in treating patients living with multiple sclerosis through a new educational initiative.

WESTON, Mass. — Biogen Idec is looking to address the advantages and challenges female clinicians experience in treating patients living with multiple sclerosis through a new educational initiative.

May 25, 2011

Stop & Shop will distribute $1 million to local schools in the Northeast as part of its A+ School Rewards program.

FAIRFIELD, Conn., and QUINCY, Mass. — Stop & Shop will distribute $1 million to local schools in the Northeast as part of its A+ School Rewards program.

May 23, 2011

Kraft Foods on Friday presented a team of professional opera singers who performed impromptu operatic renditions of irritations submitted by audience members via Facebook and Twitter.

CAMBRIDGE, Mass. — Kraft Foods on Friday presented a team of professional opera singers who performed impromptu operatic renditions of irritations submitted by audience members via Facebook and Twitter.

Titled "The Operahhh of Irritations," the marketing event supported the Halls brand's spring allergy campaign and the brand's commitment to soothing irritations by giving the audience a chance to vent about whatever irritates them — and have that irritation sung away by professional opera singers.

May 19, 2011

For the second consecutive year, the Exergen temporal artery thermometer outsold all other brands at retailers nationwide, Exergen announced Thursday.

WATERTOWN, Mass. — For the second consecutive year, the Exergen temporal artery thermometer outsold all other brands at retailers nationwide, Exergen announced Thursday.

May 18, 2011

BJ’s Wholesale Club reported net income of $33.7 million, or 62 cents per diluted share, for the first quarter ended April 30.

WESTBOROUGH, Mass. — BJ’s Wholesale Club reported net income of $33.7 million, or 62 cents per diluted share, for the first quarter ended April 30.

Results for first quarter 2011 exceeded the company’s guidance for net income in the range of $29.5 million to $31.5 million, or 54 cents to 58 cents per diluted share.

May 11, 2011

Yankee Candle is introducing a patriotic fragrance collection, the company announced.

SOUTH DEERFIELD, Mass. — Yankee Candle is introducing a patriotic fragrance collection, the company announced.

The collection includes four candle scents that carry a suggested retail price of $25.99:

  • God Bless America: Scents of cooked apples, cinnamon and brown sugar;

  • Let Freedom Ring: Robust notes of cedar and redwood softened by wild petals and vanilla;

  • Stars and Stripes: A bold blend of familiar cinnamon and baking spices; and

May 10, 2011

Alkermes will buy Irish drug maker Elan’s drug formulation and manufacturing business for $960 million, the two companies said Monday.

WALTHAM, Mass. — Alkermes will buy Irish drug maker Elan’s drug formulation and manufacturing business for $960 million, the two companies said Monday.

Alkermes will buy Elan Drug Technologies and incorporate the combined company in Ireland, naming it Alkermes PLC. Alkermes said the acquisition would give it an edge in treating central nervous system disorders and expected to have diverse revenue streams from 25 commercialized drugs.

April 29, 2011

Kroger now is offering its shoppers the ability to redeem SavingStar e-coupons when they use their Kroger Plus Card at checkout.

WALTHAM, Mass. — Kroger now is offering its shoppers the ability to redeem SavingStar e-coupons when they use their Kroger Plus Card at checkout.

According to a press release from SavingStar, it is the only national paperless grocery coupon service, and the addition of Kroger to the SavingStar network of retailers increases the number of grocery and drug stores offering their customers digital coupons through SavingStar to more than 24,000 stores nationwide.

April 28, 2011

Winn-Dixie Stores announced that, with the sale of its Deep South beverage manufacturing facility, it has completed its program to sell all noncore manufacturing operations.

JACKSONVILLE, Fla. — Winn-Dixie Stores announced that, with the sale of its Deep South beverage manufacturing facility, it has completed its program to sell all noncore manufacturing operations.

Polar Beverages of Worcester, Mass., will own the Fitzgerald, Ga.-based facility effective April 29.

April 27, 2011

A biopharmaceutical company has appointed a new CFO.

CAMBRIDGE, Mass. — A biopharmaceutical company has appointed a new CFO.

Aegerion Pharmaceuticals named Mark Fitzpatrick as the company's new CFO. Fitzpatrick joins the company, which is focused on the development and commercialization of novel therapeutics to treat severe lipid disorders, from Proteon Therapeutics, where he served as VP, CFO and assistant secretary.

April 27, 2011

Samuel Adams is bringing its Summer Ale to the most snow-ridden cities in America, according to AccuWeather.

BOSTON — Samuel Adams is bringing its Summer Ale to the most snow-ridden cities in America, according to AccuWeather.

April 15, 2011

CVS Caremark announced on Friday that it has agreed to pay $17.5 million, to be allocated among the federal government and 10 participating states, to resolve a civil complaint concerning how its CVS/pharmacy retail pharmacies submitted reimbursement claims in certain states for prescriptions filled for "dual eligible" patients who have coverage under both Medicaid and a third-party insurance plan.

WOONSOCKET, R.I. — CVS Caremark announced on Friday that it has agreed to pay $17.5 million, to be allocated among the federal government and 10 participating states, to resolve a civil complaint concerning how its CVS/pharmacy retail pharmacies submitted reimbursement claims in certain states for prescriptions filled for "dual eligible" patients who have coverage under both Medicaid and a third-party insurance plan.

April 12, 2011

Pharmacy benefit manager SXC Health Solutions will acquire “substantially all” assets of Worcester, Mass.-based PBM MedMetrics Health Partners, SXC said Tuesday.

LISLE, Ill. — Pharmacy benefit manager SXC Health Solutions will acquire “substantially all” assets of Worcester, Mass.-based PBM MedMetrics Health Partners, SXC said Tuesday.

The companies expect the acquisition to be completed in second quarter 2011. Financial terms were not disclosed. MedMetrics manages about $200 million in annual drug spend.

April 6, 2011

Generex Biotechnology has revamped its corporate website to underscore the company's focus on the development and approval of its diabetes and immunotherapeutic vaccine products pipeline.

WORCESTER, Mass. — Generex Biotechnology has revamped its corporate website to underscore the company's focus on the development and approval of its diabetes and immunotherapeutic vaccine products pipeline.

The company said that the site will provide improved descriptions of products, technologies, scientific research in progress, trial results and new corporate relationships as they unfold. Generex also will boost its social media presence through Twitter and Facebook.

April 6, 2011

Ken's Foods has increased the size of its salad dressing bottles.

MARLBOROUGH, Mass. — Ken's Foods has increased the size of its salad dressing bottles.

The company said its new 9-oz. salad dressing bottle replaces its existing 8-oz. bottle, giving the consumer 12.5% more dressing for their money, Ken's Foods said. What's more, 26 varieties of Ken's salad dressings will be "dressed up" in the updated bottles.

"We held focus groups with our end users," said Bob Merchant, Ken's Foods COO. "They made it clear that they prefer plastic bottles over glass, and Ken's listens to consumers."