Business briefs.COLUMN: BUSINESS BRIEFS TELEGRAM & GAZETTE Bloomberg Index Central Massachusetts -0.75 183.95 Volume: 56,652,750 Up: 10 Down: 13 Unchanged: 9 Gainer: Waters Corp. $61.89 +$.31 (volume of 515,400 shares) Decliner: Sepracor Inc. $40.57 -$.94 (volume of 2.39 million shares) Local Contracts awarded MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. - Xcellerex Inc., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that makes disposable bioreactors for drug and vaccine makers, said yesterday it has been awarded two contracts worth more than $13 million from the federal Defense Advanced Research Projects Agency Defense Advanced Research Projects Agency (DARPA), U.S. government agency administered by the Department of Defense (see Defense, United States Department of). , or DARPA DARPA: see Defense Advanced Research Projects Agency. (Defense Advanced Research Projects Agency) The name given to the U.S. Advanced Research Projects Agency during the 1980s. It was later renamed back to ARPA. . The contracts will cover work on technologies to rapidly produce drugs and vaccines, Xcellerex said in a news release. The "accelerated manufacture of pharmaceuticals" program is a three-phase military program aimed at producing emergency treatments or vaccines for biological threats, Xcellerex said. On the first contract, Xcellerex will collaborate with Dowpharma, a unit of Dow Chemical Co. of Midland, Mich., BioPharm Services, which has operations in Marlboro, and deltaDot Ltd. of London. Xcellerex will collaborate with Neugenesis Corp. of Burlingame, Calif., on the second contract. Grants awarded BOSTON - State officials yesterday announced more than $400,000 in grants from the Workforce Training Fund to 11 companies across Central Massachusetts. The latest round of grants will help train 538 employees and are part of $1.7 million awarded to Massachusetts companies. Those receiving funds and the amounts are: A&J Industries of Uxbridge, $48,000; Curtis Industries of Worcester, $49,000; Essential Healthcare Ayer Inc. of Ayer, $46,300; Hybricon Corp. of Ayer, $43,300; Injectronics Corp. of Clinton, $44,686; New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: Metals of Leominster, $43,656; New England Peptide of Gardner, $23,926; Rand Whitney Packaging Corp. of Worcester, $48,292; Savers Bank of Southbridge, $21,535; Wirefab of Worcester, $38,700 and GTC GTC See: Good 'til cancelled order GTC See good-till-canceled order (GTC). Biotherapeutics Inc. of Framingham, $41,000. Cartilage treatment CAMBRIDGE - Biotechnology company Genzyme Corp. said Monday that patients who had poor results from cartilage repair procedures showed sustained improvement with Carticel, a cartilage replacement surgically implanted in the knees. Genzyme, which has operations in Westboro, reported the results of a multicenter trial A multicenter research trial is a clinical trial conducted at more than one medical center or clinic. Most large clinical trials, particularly Phase III trials, are conducted at several clinical research centers. at a medical conference. Development funds BOSTON - The state's new budget for the 2008 fiscal year includes $250,000 for the North Central Massachusetts Development Corp. The nonprofit group reported this week in a news release that the money will go to economic development efforts. The group used funding from last year's state budget to team up with Fitchburg State College and Mount Wachusett Community College Mount Wachusett Community College is a two-year community college in Gardner, Massachusetts. It offers associate degrees as well as a transfer program for students to earn credits for transfer to other colleges. to create the North Central Massachusetts Economic Development Council, which creates programs to boost jobs and development in 26 communities from Ayer to Orange. |
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