AGP Executive Report
Last update: 9 hours agoEnergy Costs: Gov. Maura Healey announced winter energy-bill relief for Massachusetts families, shifting clean-energy funds to help with heating costs as the state backs a natural-gas pipeline expansion. Biotech Finance: Cambridge-based City Therapeutics is seeking to raise about $175 million in a Nasdaq IPO to advance its RNA-based drug candidates. Boston Real Estate: Developers secured $44 million in financing for 31 Milk St., while Workbar plans to expand its Back Bay location; an Amazon sublease adds to pressure on the Seaport office market. Corporate Moves: Boston Scientific named Joseph Fitzgerald its next COO as it reorganizes business segments. Investment: AstraZeneca plans to invest more than $1 billion in Massachusetts and expand its workforce, while Gillette is investing $1.5 billion in its Boston headquarters and Andover plant. Governor’s Race: Healey and challenger Mike Minogue clashed over taxes, spending and affordability in their first debate.
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