Credit union expansion | Alzheimer's pill advances

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The latest Central Massachusetts business news
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Monday, July 25, 2016

Credit union expanding headquarters into Littleton

Hanscom Federal Credit Union will be expanding its headquarters into Littleton as the credit union with more than $1 billion in assets sets its sights westward.

Framingham biotechnology firm Alzheon Inc. announced Monday that in 2017 it will begin registering patients for the final phase of human trials for of a pill to treat Alzheimer's disease.

UMass Memorial HealthAlliance Hospital has opened a new surgery clinic that will allow for treatment of common forms of skin cancer right in Leominster.

The city of Worcester has cleared the way for final two medical marijuana dispensaries to come into the city after City Manager Edward Augustus issued letters of non-opposition to Mission Massachusetts, Inc. and Medicinal Alternatives, Inc.

Baker implements hiring freeze

A hiring freeze takes effect across the executive branch Monday, part of the Baker administration's plans to hit a $100 million "efficiency savings" target in the new state budget.

Paid family leave bill to move foreward

A bill establishing paid family and medical leave hit a potentially costly speed bump Saturday, but the issue remains alive and will reemerge before the Senate next weekend.

Pay equity bill hits Baker's desk

When Gov. Charlie Baker returns to the State House today, he will have on his desk legislation to ensure that men and women are paid the same for comparable work.