Worcester Business Journal

6 Worcester Business Journal • June 8, 2015 www.wbjournal.com development of smart medical devices. In a statement, Arch said it will put resources into research in Ireland that will include potential new products and planning of patient trials. CURAM will double Arch's annual contribution to its own R&D activities, up to about $546,000, made possible by grant funding from Science Foundation Ireland (SFI), according to Arch. FRAMINGHAM — Life sciences company SCIEX has collaborated with a North Carolina company to create a medical testing platform that incorporates a testing kit and software to enhance research into cardiovascular disease, diabetes and neurodegenerative disorders, according to a statement from SCIEX. The multi-year collaboration with Metabolon Inc., of Durham, N.C., will bring the Lipidyzer Platform to researchers, bringing together sample preparation kits, separation technologies, mass spectrometr y, software and data analysis services, SCIEX said. WORCESTER — Members of the Worcester Regional Chamber of Commerce are being asked for feedback on vocational technical high schools that the chamber says will help properly prepare students for jobs. The survey, prepared by Northeastern University Professor Barry Bluestone, head of that school's Dukakis Center for Urban and Regional Policy, focuses on schools around the state. The chamber says about a half-dozen of the schools serve communities within the chamber's service area in Central Massachusetts. The deadline for completing the survey is June 15. It's hosted on the website Survey Monkey. MARLB OROUGH — O c at a Therapeutics has been awarded three new patents connected to its stem-cell transplant technology for treating macular degenerative diseases. The company, formerly Advanced Cell Technology, is researching the use of the fully differentiated stem-cell line RPE — retinal pigmented epithelium — in a field known as regenerative ophthalmology. In a statement, Ocata said the new patents protecting the technology "expand the scope of protection of the four previously issued U.S. patents" to cover RPE products from all pluripotent stem cell sources. WORCESTER — Students at University of Massachusetts Medical School will engage in clinical work at Cape Cod Hospital after both organizations reached agreement on an academic affiliation, the school announced. Students will begin completing clinical rotations at the Hyannis site in January, the school said. Cape Cod Hospital is part of Cape Cod Healthcare and becomes the 23rd facility with which the medical school has academic affiliations, including UMass Memorial Medical Center. WORCESTER — Worcester's Running Start has joined the Workbar Network, allowing its members to use space in six different locations in Massachusetts. Beginning this month, members of the Running Start co-working space will be able to access other spaces in such communit ies as C ambr idge, Framingham and Boston to work or meet with clients in those areas. C o-working locations provide workspaces on a membership basis, offering sites for entrepreneurs or those who work from home to operate >> Continued from previous page REGIONAL BRIEFS YES YES Small businesses hear that a lot around here. 246 Main Street, Milford, MA 01757 If you're talking to banks about your Commercial Lending needs, then let Milford Federal be part of the conversation. Talking with Milford Federal about your business' Commercial Lending needs won't cost you anything. Not talking to us could cost you a lot. Whether you're purchasing real estate, expanding your present business, or refinancing existing debt, Milford Federal can help: • Commercial Mortgages • Term Loans • Equipment Financing • Lines of Credit • SBA Loans • Local decision-making Please call Dave McHugh at 508-381-5228 today. You'll like what he has to say. 4.3x6_yes.indd 1 4/29/15 10:36 AM (NOTE: Saint Vincent Hospital in Worcester, MetroWest Medical Center in Framingham and Natick, and Steward Nashoba Valley Medical Center in Ayer had later reporting dates. Their data are not included here.) Source: Mass. Center for Health Information and Analysis (CHIA) Hospital operating margins Six of eight Central Massachusetts hospitals finished in the black in their operations during the fourth quarter of 2014, the first quarter of their 2015 fiscal cycle. >> Continued on next page Harrington Memorial Hospital, Southbridge ................................4.1% Milford Regional Medical Center .................................................3.8% Heywood Hospital, Gardner .........................................................3.8% HealthAllance Hospital, Leominster .............................................2.9% Marlborough Hospital ..................................................................2% UMass Memorial Medical Center, Worcester .............................. 1.4% Athol Hospital ............................................................................-6.1% Clinton Hospital ......................................................................... -7.7%

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