Wednesday - October 23, 2024
State Tipoffs Involving Massachusetts Newsletter for Wednesday October 02, 2024 ( 25 items )  

Goodwin Advises Prime Medicine in Collaboration With Bristol Myers Squibb to Develop Multiple Ex Vivo T-Cell Therapies, With $110M Upfront, Up to $3.5B in Milestones
BOSTON, Massachusetts, Oct. 2 -- Goodwin, a law firm, issued the following news release: Goodwin's Life Sciences team advised Prime Medicine on a strategic research collaboration and license agreement with Bristol Myers Squibb to develop reagents for the next generation of ex vivo T-cell therapies. Prime Medicine's PASSIGE technology combines Prime Editing, a versatile, precise and efficient gene editing technology, with an integrase or other site-specific recombinase to introduce large gene-si  more

Governor Healey, Mass. A.G. Campbell Celebrate MBTA Communities Momentum to Lower Housing Costs
BOSTON, Massachusetts, Oct. 2 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on Oct. 1, 2024: * * * Overwhelming number of communities have adopted pro-MBTA Communities zoning; 33 approved communities now eligible to apply for $15 million in MBTA Communities Catalyst Funding to housing and infrastructure * * * Governor Maura T. Healey and Attorney General Andrea Joy Campbell today celebrated the momentum around the MBTA Communities Law, as 75 municipa  more

IDC: Asia/Pacific* Edge Spending Expected to Hit $84 Billion in 2028
NEEDHAM, Massachusetts, Oct. 2 (TNSres) -- International Data Corp., a provider of market intelligence and advisory services, issued the following news release: SINGAPORE, 2 October 2024 - According to the latest IDC Worldwide Edge Spending Guide, Asia/Pacific* spending on edge computing is forecasted to reach $48.9 billion in 2024, an increase of 16.2% over 2023. This includes combined enterprise and service provider spending on hardware, software, professional services, and provisioned servic  more

Lifespan Expands Healthcare System With Final Agreement to Purchase Saint Anne's, Morton Hospitals in Massachusetts
BOSTON, Massachusetts, Oct. 2 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray advised Lifespan, a leading healthcare system in Rhode Island, to finalize an agreement to purchase Saint Anne's Hospital in Fall River and Morton Hospital in Taunton, Massachusetts, both owned by Steward Health Care System. The final agreement was announced on October 1. Lifespan is purchasing the land and the buildings used by the two hospitals and will assume hospital operations. The purchas  more

Marcus & Millichap Arranges $4.75 Million Sale of 25-Unit Multifamily in Mansfield
ENCINO, California, Oct. 2 -- Marcus and Millichap issued the following news release: MANSFIELD, Mass., Sept. 30, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 25-unit multifamily property at 1 Samoset Avenue in Mansfield, Massachusetts, for $4,750,000. "The demand for suburban multifamily remains incredibly strong. This trend was on full display   more

Mass. Auditor: 'Audit of Bristol County District Attorney's Office'
BOSTON, Massachusetts, Oct. 2 -- The Massachusetts Auditor issued the following audit report (No. 2022-1264-3J) on Sept. 30, 2024, entitled "Audit of the Bristol County District Attorney's Office." Here are excerpts: * * * TABLE OF CONTENTS EXECUTIVE SUMMARY...1 OVERVIEW OF AUDITED ENTITY...2 AUDIT OBJECTIVES, SCOPE, AND METHODOLOGY...4 DETAILED AUDIT FINDINGS WITH AUDITEE'S RESPONSE...10 1. The Bristol County District Attorney's Office did not provide cybersecurity awareness training to  more

Mass. Auditor: 'Audit of Office of Medicaid - Review of Payment for Telehealth Adult Day Health'
BOSTON, Massachusetts, Oct. 2 -- The Massachusetts Auditor issued the following audit report (No. 2023-1374-3M1) on Oct. 1, 2024, entitled "Audit of the Office of Medicaid (MassHealth) - Review of Payment for Telehealth Adult Day Health." Here are excerpts: * * * TABLE OF CONTENTS EXECUTIVE SUMMARY...1 OVERVIEW OF AUDITED ENTITY...3 AUDIT OBJECTIVES, SCOPE, AND METHODOLOGY...5 DETAILED AUDIT FINDINGS WITH AUDITEE'S RESPONSE...10 1. MassHealth paid providers for adult day health that it d  more

Mass. Gov. Healey, AG Campbell Celebrate MBTA Communities Momentum to Lower Housing Costs
BOSTON, Massachusetts, Oct. 2 -- Gov. Maura Healey, D-Massachusetts, issued the following news release: * * * Overwhelming number of communities have adopted pro-MBTA Communities zoning; 33 approved communities now eligible to apply for $15 million in MBTA Communities Catalyst Funding to housing and infrastructure * * * Somerville -- Governor Maura T. Healey and Attorney General Andrea Joy Campbell today celebrated the momentum around the MBTA Communities Law, as 75 municipalities have now e  more

Mayor Wu, U.S. Representative McGovern Visit Joe Czajkowski Farm in Hadley, MA To Highlight BPS Farm-To-School Partnerships
BOSTON, Massachusetts, Oct. 2 -- Boston Mayor Michelle Wu issued the following news on Oct. 1, 2024: Yesterday, Mayor Michelle Wu and U.S. Representative Jim McGovern visited the Joe Czajkowski Farm in Hadley, Massachusetts to highlight Boston Public Schools' (BPS) farm-to-school program. Mayor Wu and Representative McGovern were joined by State Senator Joanne Comerford, State Representative Daniel Carey, and Deputy Commissioner Winton Pitcoff of the Massachusetts Department of Agricultural Res  more

MBTA Launches NextGen Bus Navigation Pilot Program, Operations Employees to Use New Digital Tools
BOSTON, Massachusetts, Oct. 2 -- The Massachusetts Bay Transportation Authority issued the following news on Oct. 1, 2024: * * * The modern technology system was developed to assist bus operators with safely navigating their routes, detours, and roadway challenges. * * * The MBTA today announced the beginning of its new NextGen Bus Navigation Pilot Program, a new initiative designed to assist bus operators in navigating detours and other road challenges. In partnership with Swiftly, a transi  more

MIT Launches New Music Technology and Computation Graduate Program
CAMBRIDGE, Massachusetts, Sept. 27 (TNSres) -- The Massachusetts Institute of Technology issued the following news: * * * The program will invite students to investigate new vistas at the intersection of music, computing, and technology. * * * By Benjamin Daniel, School of Humanities, Arts, and Social Sciences A new, multidisciplinary MIT graduate program in music technology and computation will feature faculty, labs, and curricula from across the Institute. The program is a collaboration  more

MIT: AI Pareidolia - Can Machines Spot Faces in Inanimate Objects?
CAMBRIDGE, Massachusetts, Oct. 1 (TNSres) -- The Massachusetts Institute of Technology issued the following news: * * * New dataset of "illusory" faces reveals differences between human and algorithmic face detection, links to animal face recognition, and a formula predicting where people most often perceive faces. * * * By Rachel Gordon, MIT CSAIL In 1994, Florida jewelry designer Diana Duyser discovered what she believed to be the Virgin Mary's image in a grilled cheese sandwich, which sh  more

MIT: Aligning Economic and Regulatory Frameworks for Today's Nuclear Reactor Technology
CAMBRIDGE, Massachusetts, Oct. 1 (TNSres) -- The Massachusetts Institute of Technology issued the following news: * * * Today's regulations for nuclear reactors are unprepared for how the field is evolving. PhD student Liam Hines wants to ensure that policy keeps up with the technology. * * * By Poornima Apte, Department of Nuclear Science and Engineering Liam Hines '22 didn't move to Sarasota, Florida, until high school, but he's a Floridian through and through. He jokes that he's even go  more

MIT: Helping Robots Zero in on the Objects That Matter
CAMBRIDGE, Massachusetts, Oct. 1 (TNSres) -- The Massachusetts Institute of Technology issued the following news: * * * A new method called Clio enables robots to quickly map a scene and identify the items they need to complete a given set of tasks. * * * By Jennifer Chu, MIT News Imagine having to straighten up a messy kitchen, starting with a counter littered with sauce packets. If your goal is to wipe the counter clean, you might sweep up the packets as a group. If, however, you wanted   more

MIT: Mentorship, Impact, Teamwork with Angelina Rogatch '25
BRYN MAWR, Pennsylvania, Oct. 1 -- Bryn Mawr College issued the following news: Name: Angelina Rogatch Class Year: 2025 Majors: Chemistry and Physics Hometown: Minsk, Belarus Internship Organization: Massachusetts Institute of Technology Internship Title: MIT Summer Research Program Location: Cambridge, MA What's happening at your internship? We would love to hear what kind of work you are doing! As an MIT Summer Research Program (MSRP) participant, I am interning in the Chemi  more

MIT: State of Supply Chain Sustainability Report Reveals Growing Investor Pressure, Challenges With Emissions Tracking
CAMBRIDGE, Massachusetts, Oct. 1 (TNSres) -- The Massachusetts Institute of Technology issued the following news: * * * The 2024 report highlights five years of global progress but uncovers gaps between companies' sustainability goals and the investments required to achieve them. * * * By Benjy Kantor, MIT Center for Transportation and Logistics The MIT Center for Transportation and Logistics (MIT CTL) and the Council of Supply Chain Management Professionals (CSCMP) have released the 2024  more

MIT: Where Flood Policy Helps Most - And Where It Could Do More
CAMBRIDGE, Massachusetts, Oct. 1 (TNSres) -- The Massachusetts Institute of Technology issued the following news: * * * A U.S. program provides important flood insurance relief, but it's used more in communities with greater means to protect themselves. * * * By Peter Dizikes, MIT News Flooding, including the devastation caused recently by Hurricane Helene, is responsible for $5 billion in annual damages in the U.S. That's more than any other type of weather-related extreme event. To addre  more

National Grid Ventures Introduces Doorstep, a Revolutionary App to Enable Communities to Stay Connected to Major Infrastructure Projects
WALTHAM, Massachusetts, Oct. 2 -- National Grid, an electricity and natural gas delivery company, issued the following news release on Sept. 30, 2024: National Grid Ventures (NGV) unveiled today an innovative digital tool called Doorstep, enabling communities to actively participate in the development of local energy infrastructure projects in their area like never before. Doorstep includes project timelines, regular project updates, opportunities for communities to customize information based  more

Partners Group Invests in Gateway Fleets
BOSTON, Massachusetts, Oct. 2 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented Partners Group in its investment in Gateway Fleets, a provider of electrification services for logistics fleet operators in the United States. The investment was made through Partners Group's Infrastructure business. The announcement was made in a Sept. 30 press release (https://www.partnersgroup.com/en/news-and-views/press-releases/investment-news/detail?news_id=f6a82679-42d7-4f1f  more

Pulitzer Prize Winning Author To Speak at UMass Lowell
LOWELL, Massachusetts, Oct. 2 -- The University of Massachusetts Lowell campus issued the following news release: * * * Elizabeth Strout Will Headline Writers on Campus Event for Public on Oct. 30 * * * Pulitzer Prize winning writer Elizabeth Strout, whose stories conjure richly imagined characters anchored by a strong sense of place, will visit UMass Lowell as part of the university's Writers on Campus Series. For "A Conversation with Elizabeth Strout," UMass Lowell English Professor Andre  more

Regis College Joins Niche Direct Admissions, Offering Immediate Acceptances for Qualified Applicants
WESTON, Massachusetts, Oct. 2 -- Regis College issued the following news: Regis College announced a renewed partnership with Niche and its Direct Admission program, an innovative way to provide real-time admission and scholarship offers to students. Based on the information in their Niche Profile, high school seniors who meet the criteria for enrolling at Regis will immediately be notified that they are qualified to join its incoming class. "We're pleased to continue our partnership with Niche  more

Ropes & Gray Advises on Homrich Berg Strategic Investment
BOSTON, Massachusetts, Oct. 2 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented New Mountain Capital as an existing shareholder of Atlanta-based registered investment adviser Homrich Berg in TPG Growth's strategic minority investment in Homrich Berg. The transaction was announced on Sept. 26 in a press release. New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital  more

Ropes & Gray Advises Sales Agents in $500M ATM Program
BOSTON, Massachusetts, Oct. 2 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray represented the sales agents in a $500 million at-the-market offering for Blackstone Secured Lending Fund. The transaction launched on Sept. 25. Blackstone Secured Lending Fund is a business development company that invests primarily in the debt of private U.S. companies. Its fair value of investments is approximately $11.3 billion. The deal team was led by capital markets partner Paul Tropp  more

Ropes & Gray, ACLU of New Hampshire File Federal Lawsuit Challenging Unconstitutional Voting Law
BOSTON, Massachusetts, Oct. 2 -- Ropes and Gray, a law firm, issued the following news: A Ropes & Gray litigation team working with the American Civil Liberties Union (ACLU) of New Hampshire filed a lawsuit on September 30, 2024 challenging HB 1569, a change to New Hampshire's voting laws that would create unconstitutional barriers to citizens' right to vote. Litigation & enforcement associate Patrick Roath commented on this matter, noting that "we are pleased to be working with the ACLU of Ne  more

Smart Home Market on Track for Rebound Thanks to Emerging Regions, According to IDC
NEEDHAM, Massachusetts, Oct. 2 (TNSres) -- International Data Corp., a provider of market intelligence and advisory services, issued the following news release: Global shipments of smart home devices are set to stall once again in 2024 as volume remains flat with 0.6% growth to 892.3 million devices, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. High penetration and long refresh cycles in mature markets such as the US have curbed growth tho  more