Also see: The Failing Firms of Massachusetts
Is that the best way to use tax dollars?
Aren't your services being cut right now?
"Biotechs continue merger moves; Gloucester sold to Celgene; Merrimack to acquire Hermes" by Robert Weisman, Globe Staff | December 8, 2009
Buyout fever heated up in the local biotechnology sector yesterday, with a pair of privately held Cambridge biosciences companies linking up with out-of-state partners in two separate deals....
Alan Colowick, Gloucester’s chief executive, said he couldn’t discuss what will happen to Gloucester and its employees until the acquisition is completed....
Oh, going to LOSE SOME MORE JOBS, 'eh, Massachusetts?
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Cytoo Cell Architects, a French biotechnology company focused on analysis and cell screening, yesterday became the third European life sciences company to set up shop in Massachusetts in the past two months.
Based in Grenoble, France, Cytoo initially will employ four workers at its new US subsidiary in Framingham but plans to eventually expand. The operation will serve US researchers.
Other foreign biotechnology companies have been drawn to the state this fall, in part because of the Massachusetts Life Science Initiative aimed at strengthening the industry, said Lieutenant Governor Timothy Murray, who attended a Framingham ceremony yesterday officially opening the Cytoo headquarters.
Yeah, a BIG WAD of TAXPAYER LOOT will BRING 'EM!!!
Biocell Center of Italy, a company that harvests and preserves stem cells, opened its North American headquarters in Medford in October. And last month, Systagenix Wound Management, a British company specializing in the care of chronic wounds, established its headquarters for North, South, and Central America in Quincy.
Also see: British Reoccupy Boston
Interesting how when one looks at true American history one finds that the troubles all began over British taxes and British banks.
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