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July 22, 2018

Money

Lincoln Property affiliate proposes 258 apartments near Dedham

An affiliate of Dallas-based real estate development firm Lincoln Property Co. has proposed a 258-unit apartment complex at 1507 VFW Parkway, a 4.6-acre parcel located in West Roxbury near the Dedham line. The complex would feature two four-story wood-framed buildings and 387 parking spaces, according to a July 12 letter of intent filed to the

Biotech PTC to acquire Lynnfield's Agilis in $200M deal

New Jersey-based drug developer PTC Therapeutics Inc. announced Thursday that it is purchasing Agilis Biotherapeutics Inc., a Lynnfield gene therapy biotech, for $200 million in cash and stock. PTC (Nasdaq: PTCT) said it would pay $50 million in cash and $150 million in PTC stock to acquire Agilis. The privately held biotech is developing gene therapies

New charges filed in New England Compounding Center case

Federal prosecutors have charged another person in the sprawling New England Compounding Center case, accusing a former pharmacy buyer at a Boston hospital with making false statements about payments he allegedly received from the Framingham pharmacy and its sister company, Ameridose. Claudio Pontoriero, 40, of Everett was charged Wednesday with one count of making false

St. Regis luxury condo tower coming to the Seaport

The luxury condominium tower approved at 150 Seaport Blvd., currently home to Atlantic Beer Garden and Whiskey Priest, will be branded The St. Regis Residences, Boston. St. Regis is a luxury brand of Marriott International Inc. (Nasdaq: MAR) and has more than 40 hotels in 19 countries. The Seaport tower is the second-ever St. Regis-branded

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