Latest Boston business news

Collegium Pharmaceutical Announces Series B Financing

-- Initiation of Phase III study for lead product COL-003 in patients with chronic low back pain
-- Funding to enable development through NDA filing

CUMBERLAND, R.I.--(BUSINESS WIRE)--Collegium Pharmaceutical, Inc., a specialty pharmaceutical company focused on the development of innovative treatments for chronic pain, announced today that it has raised $22.5 million in a Series B financing round led by Longitude Capital and Skyline Ventures. Series A investors Frazier Ventures...

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Charles River Associates Expands Share Repurchase

BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that its Board of Directors has authorized an expanded share repurchase program of up to $4.45 million of its common stock, in addition to its currently existing share repurchase program. In August 2011, the Company announced that its Board of Directors authorized a share repurchase program of up to $7.5 million...

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In the News

• Boston Wednesday Stock Wrap
• Exclusive Invitation: CFO Forum at The Harvard Club
• Boston Beer Reports Fourth Quarter 2011 Net Income of $17.8M
• Standex to Sell Air Distribution Products Group
• Raj Sharma Named Top Massachusetts Financial Advisor by Barron’s
• Ken Heebner's Top Stock Picks
• Zipcar Leads $13.7M Investment Round in Wheelz
• NewStar Adds $150 Million Credit Facility
• Boston Tuesday Stock Wrap
• InVivo Therapeutics Prices 8.2M Shares Offering
• InVivo TherapeuticsNets $18.1M in Offering
• Mullen Named Agency-of-Record for U.S. Cellular
• Iron Mountain Q4 Earnings Preview
• American Tower Q4 Earnings Preview
• Savant Acquires LiteTouch
• Vertex: The Best Of The Companies Investing In Cystic Fibrosis

User-Generated News

• Actifio’s “No Backup Software” Solution Named a Product of the Year Winner
• GMC Software Technology Awarded Innovator of the Year Award for GMC Inspire
• South Shore Staffing announces 1000th placement since opening doors in 2003
• Implant Sciences Extends Credit Line
• Boston City Youth Come Together for Annual Basketball Tournament with Suffolk County DA and Former NBA Star
• BioPharm Insight Ranks WilmerHale Among Top Three Firms for Licensing and M&A

People

• United Natural Foods Appoints Richard Schnieders to Board

  PROVIDENCE, R.I., -- United Natural Foods, Inc. (Nasdaq: UNFI) announced the appointment of Richard Schnieders, age 63, to the company's Board of Directors.  Schnieders joins UNFI as an independent director and brings three decades of experience in the food distribution industry. His appointment, effective February 2, 2012, increased the total number of Company directors to nine, including seven independent directors. Mr. Schnieders began his career in the food industry in...

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• Cornerstone Software Appoints Jeanmarie Ward COO

  NASHUA, N.H., -- Cornerstone Software, Inc., a privately-held software technology and consulting company, announced today that they have hired Jeanmarie Ward as Chief Operating Officer (COO) and Teanna Spence as director of compensation plan products. This announcement comes on the heels of the company's acquisition of the Makana Motivator self-serve compensation planning software application that automates the sales compensation planning...

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• Andrew Clayton Joins FORGE Worldwide As Account Director
• Innosight Appoints Roy Davis to Board of Directors
• SourceRight Solutions, a Randstad Company, Appoints Karen Turner as VP of Product Development and Strategy
• Analogic Appoints Mark Miller as VP and General Manager of North American Ultrasound Sales

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