Our Local News
Long-delayed Cambridge condo project breaks ground
Needham-based Nauset Construction has broken ground on St. James Place, a long-delayed 46-unit condominium complex in Cambridge’s Porter Square neighborhood.
Acorn Holdings LLC is developing the project at 2013 Massachusetts Ave., a lot adjacent to St. James’s Episcopal Church that houses an out-of-use car wash. The project will also feature 2,000 square feet of retail and an 11,400-square-foot parish hall that will house classrooms for children’s programs, a library, a neighborhood food…
Needham's Verastem wins FDA approval for first cancer drug
The FDA has approved Needham biotech Verastem Oncology's first drug, a treatment for multiple types of blood cancer.
The FDA on Monday gave the green light for sales of Copiktra, an oral medication designed to block two types of enzymes that fuel the growth and survival of malignant white blood cells. The drug has been approved for use in multiple types of blood cancers, including chronic lymphocytic leukemia and small lymphocytic lymphoma.
The approval marks a major win for Verastem (Nasdaq: VSTM),…