This weeks news and information on manufacturing in Central Massachusetts

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WBDC seeks demolition of old State Hospital building

The Worcester Business Development Corp. is seeking to demolish a long-vacant part of the former Worcester State Hospital now that a Chinese biomanufacturer has signed an agreement to locate there.

Q&A Insights

O'Sullivan: Worcester is on the biotech map

According to Kevin O'Sullivan, president and CEO of Massachusetts Biomedical Initiatives, Worcester has arrived as a biotech destination with the recent announcement of a Chinese biotech's planned $60 million facility.

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Mevion Medical closes $150M investment

Littleton imaging device company Mevion Medical Systems has closed on $150 million in financing primarily from a Chinese pharmaceutical investment firm and private equity investors.

WuXi Biologics agreement includes up to $21M in city, state help

WuXi Biologics, the Chinese company slated to be the first to occupy the Biomanufacturing Park in Worcester, could receive up to $20.8 million in city and state incentives, grants and loans.

Acacia Communications stock down after Senate upholds ZTE ban

Shares of Maynard-based Acacia Communications were down nearly 5 percent early Tuesday in the wake of the U.S. Senate's vote to reinstate sanctions on Chinese telecommunications giant ZTE.

Boston Scientific, Stryker stocks flip flop after takeover talks squashed

The Michigan medical device rival of Marlborough's Boston Scientific said Wednesday it is not in talks to acquire the Massachusetts company despite a report of a potential takeover.

Baker signs $623M life sciences bill

Gov. Charlie Baker on Friday signed a $623-million life sciences bond bill to provide funding for education, research and development and workforce training for the industry.

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Worcester MA, 01604