AGP Executive Report
Last update: 9 hours agoHealth-Tech Funding: Cambridge-based Ashvin raised $16.5 million to expand its automation platform for durable medical equipment providers, including new tools for prior authorizations. Semiconductor Dispute: Andover’s Vicor has secured a U.S. trade investigation into imported power-delivery systems it says infringe its patents; the company is seeking import restrictions. Life Sciences: AstraZeneca opened a 570,000-square-foot research center in Kendall Square, designed to bring nearly 2,000 researchers together with robotics and automation capabilities. Regional Distribution: Watsco completed its acquisition of The Granite Group, a $500 million plumbing and HVAC distributor with 82 locations, including in Massachusetts. Investment Outreach: A Welsh government delegation is in Boston meeting investors and companies, including low-carbon cement maker Sublime Systems and Microchip Technology, to pursue trade and investment in AI, life sciences and energy. Clean Energy: A Massachusetts pilot now connects 135 homes to a shared geothermal system, with residents paying $10 a month while costs are also spread across other utility customers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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