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2004

Major law firm expands at Cummings Center
—Banker & Tradesman, December 27, 2004
Metaxas, Norman & Pidgeon is celebrating its 25th anniversary while expanding its offices at Cummings Center in Beverly for the second time in less than three years, to 8,000 square feet.
Retailers and Big-City Perks Boost Cummings Office Parks
Banker & Tradesman, November 29, 2004
Observers of real estate trends have taken note that major regional and national retailers typically found in urban locations are also establishing facilities in the suburbs, seeking to expand their customer bases by placing themselves in vibrant business centers and office parks.
Upstart Life Sciences Firms Find Right Balance with Cummings Properties
Banker & Tradesman, September 27, 2004
When searching for space, young life science companies face several significant challenges. A new firm must determine the size, location and configuration of its space, typically without being able to completely forecast its future needs.
Cummings Properties' execs eye shifts in strategy
Boston Business Journal, December 3-9, 2004
Bill Cummings may not be an essential part of day-to-day decision-making at Cummings Properties LLC any longer,but his successors insist they will not stray far from the model he created.
Predix launches trials for memory and cognition disorders in Woburn
Boston Business Journal, December 20, 2004
Predix Pharmaceuticals Inc. in Woburn has launched a number of early stage clinical trials for its second compound -- a potential treatment of Alzheimer's disease.
Anika, at West Cummings Park, signs deal, gets $5M milestone payment
Boston Business Journal, December 20, 2004

Anika Therapeutics Inc. said Monday it has signed a multiyear supply agreement with the eye health company Bausch & Lomb Inc. for viscoelastic products used in ophthalmic surgery.

Cummings Center company revealed Vioxx problems to the nation
Beverly Citizen, December 10, 2004
Two years ago, researchers at a Beverly company thought there might be something wrong with Vioxx, the prescription pain-killer pulled from the market on Sept. 30, 2004. Instead of helping heart disease patients, researchers at Elucida Research said Vioxx seemed to becausing heart attacks and strokes.
Landmark Philanthropy- Cummings Foundation heralds new future for veterinary school
Magazine of the Tufts School of Veterinary Medicine, Winter, 2004
Cummings Foundation has made an extraordinary gift to Tufts University, the largest in the history of the university and, we believe, in the history of veterinary medical education.
Cummings Properties founder addresses Leadership Breakfast
Woburn Daily Times Chronicle, November 12, 2004
Woburn - Bill Cummings, founder of Cummings Properties, LLC, recently addressed more than 800 real estate professionals as the keynote speaker at the eleventh annual United Way of Massachusetts Bay Real Estate & Building Industry Leadership Breakfast, held at the Sheraton Boston Hotel.
U.S. Genomics expands with Cummings Properties
Cummings Properties Media Release, October 13, 2004
Woburn, MA - With its patented GeneEngine, U.S. Genomics, Inc. is reportedly changing the way scientists analyze and quantitate protein molecules. By detecting single molecules and analyzing DNA, RNA and protein molecules without amplification, the GeneEngine platform has the capability to accelerate researchers' abilities to develop new drugs and disease diagnostics.
Touch-a-Truck at Cummings Park in Woburn
Cummings Properties Media Release, September 20, 2004
More than 50 construction, fire, police, delivery trucks and other vehicles were on display at Cummings Park in Woburn, including an appearance by a MedFlight helicopter.
ArQule: No surprise in interim Phase I test of drug
Boston Business Journal, September 29, 2004
Woburn-based biotech company ArQule Inc. released data from an interim Phase I study of its ARQ-501 drug and said the results confirm the company's earlier testing of its flagship drug.
Cummings Foundation makes $50 million commitment to Veterinary School at Tufts
Woburn Advocate , September 8, 2004
Shortly after acquiring two of Cummings Properties most vital entities through donation last month, Cummings Foundation, Inc. will now join up with Tufts University in a $50 million partnership scheduled to be announced today.
$50m gift for Tufts veterinary school
Boston Globe, September 9, 2004
Tufts University announced a $50 million gift to its veterinary school yesterday, the largest donation in the university's history.
Cummings Center's Groove Networks' P2P strikes the right note
Boston Business Journal, September 10, 2004
Beverly-based Groove Networks Inc. apparently is living up to its name. Since late last year, the company has been generating multiple contracts valued in excess of $1 million on a mostly monthly basis, according to marketing strategy guy Andrew Mahon.
Cummings donates West Cummings Park buildings to charity
Boston Globe, August 21, 2004
WOBURN Few developers could build a commercial property empire of 74 debt-free office, industrial, retail, and research buildings valued at about $800 million. Even fewer would then give most of it away.
Cummings moves pair of properties into nonprofit portfolio
Boston Business Journal, August 10, 2004
Bill Cummings and his family have turned over two namesake properties in Woburn to a private foundation called Cummings Foundation Inc.
Sensitech grows at Cummings Center
Eagle Tribune, August 10, 2004
Sensitech Inc. of Beverly is expanding from national to global with its third acquisition in the past 100 days.
Raytheon in Woburn becomes heart of U.S. ballistic missle defense efforts
Daily Times Chronicle, July 7, 2004
Raytheon's much-heralded Missile Defense Center officially opened in Woburn at 225-235 Presidential Way yesterday amidst a lot of pomp and circumstance and a promise to be there for many years.
Modular Genetics closes on $5.5M in second round
Mass High Tech, June 30, 2004
Modular Genetics Inc. (MGI) of Woburn has closed the first round of a $5.5 Million series B financing. According to the company the funding includes a $1 million investment from 2002 and the retirement of approximately $1.2 million in debt.
Groove Networks is accidental contractor at Cummings Center
Boston Globe, June 29, 2004
When he founded Groove Networks in 1997, technologist Ray Ozzie envisioned a target market for its collaboration software: businesses eager to communicate with their partners and suppliers. ''In the founding documents, I don't think there was a single mention of the government," Ozzie admitted.
Cummings Center firm earns major contract at Logan Airport
Boston Globe, June 22, 2004
State troopers at Logan International Airport will have instant access to a wealth of personal information on nearly every person who passes through the airport, from Social Security numbers to names of former roommates.
Decades after Depression, a New Horizons farmer gets his diploma
Boston Globe, May 27, 2004
He was resplendent in a black robe and mortarboard, an old farmer with a back crooked from years stooped over lettuce plants. John Marion, surrounded by well-wishers at New Horizons at Choate retirement home, became a high school graduate yesterday at age 87.
Lo Fat Know Fat to open new restaurant in West Cummings Park
June 10, 2004
Woburn, MA - Lo Fat Know Fat - Low Carb, High Protein Grille & Café leased 5,000 square feet in West Cummings Park, Woburn, to open its third restaurant.
Nantero to work with LSI Logic on nanotube CMOS chips
Mass High Tech, June 7, 2004
Woburn-based Nantero Inc. is teaming with LSI Logic Corp. to develop semiconductor process technology that will use carbon nanotubes in complementary metal oxide semiconductor CMOS chip fabrication.
SBANE names N.E. innovators
Boston Business Journal, May 25, 2004
The Smaller Business Association of New England (SBANE) honored five area companies, which were selected from more than 100 nominees, with 2004 New England Innovation Awards.
Douglas Stephens, Cummings executive; provided housing for the disabled
Boston Globe, May 20, 2004
From personal need springs testing company
Mass High Tech, May 17, 2004
The story goes that about a decade ago, biotech executive Craig Sockol and his wife were having difficult determining why she could not become pregnant.
Cummings based U.S. Genomics inks homeland defense contract
Boston Business Journal, May 10, 2004
U.S. Genomics Inc. announced a $7.5 million, 18-month biodefense contract from the U.S. Department of Homeland Security to develop a biological sensor to detect and identify airborne pathogens.
Anika to begin Phase III trial for wrinkles treatment
Boston Business Journal, May 10, 2004

Anika Therapeutics inc. in Woburn has started a late-stage clinical trial to see if its new treatment for facial wrinkles will work as well as or better than collagen.

Even in soft market, Cummings is building on spec
Boston Business Journal, May 6, 2004
Few developers today have the luck or the guts that Bill Cummings has displayed over the course of three decades building speculative office parks on the North Shore.
Aegis venture capital in MA
Boston Business Journal, May 6, 2004
Aegis Semiconductor Inc., a Woburn-based company that makes optical systems, announced that it had secured $10 million in third-round venture financing.
Agencourt bioscience at Cummings Center
Boston Business Journal, April 23, 2004
BEVERLY -- Give credit to the fruit fly for contributing to Agencourt Bioscience Corp.'s recent expansion plans.
Anika Thera launches human trials of anti-scar treatment
Boston Business Journal, April 20, 2004
Anika Therapeutics Inc. in Woburn has launched a pilot human clinical trial to test a compound that would prevent scarring and other problems following spinal surgery.
BioTrove adds $2.8M to VC round, closes at $13.7M
Boston Business Journal, April 15, 2004
After announcing nearly $11 million in raised venture funding in January, BioTrove Inc. of Woburn said it has added $2.8 million to that amount to close its VC round at $13.7 million total.
Natural therapeutics in MA
Mass High Tech, April 14, 2004
Arguing the case for and against natural therapeutics is like arguing the case for and against food, oxygen and water. These are all necessary for our very existence, yet all must be taken in moderation and balance.
Predix predicts a ‘hit’ with drug discovery tech
Mass High Tech, April 12, 2004
Executives of an emerging Woburn drug discovery company have hit the road seeking $25 million in round C funding.
Woburn now becoming major biotech center
Mass High Tech, March 9, 2004
That’s one nickname for the quarter-mile stretch of road in Woburn formally known as Gill Street. Informally, it has also been tagged the Biotech Ghetto, Genomics Alley or simply “the Corridor.”
OmniSonics granted trio of patents for OmniWave technology
Mass High Tech, March 9, 2004
Wilmington-based OmniSonics Medical Technologies Inc. has recently been granted three U.S. patents covering its OmniWave technology platform.
Pingtel Corp., Avaya and Cisco Systems
Mass High Tech, February 23, 2004
In the fall, Woburn-based Pingtel Corp. decided it needed to find a way to disrupt the enterprise voice- over-IP marketplace if it hoped to unseat industry leaders Avaya Corp. and Cisco Systems.
Forensic drug technology in MA
Mass High Tech, February 23, 2004
One of the key locales of the TV series “CSI” is the forensic lab to which police take blood samples and other fluid evidence.
Predix wins FDA nod for early drug trials
Boston Business Journal, February 11, 2004
Startup Predix Pharmaceuticals Inc. of Woburn has won FDA approval to launch a Phase I clinical trial for a compound that can potentially treat anxiety, attention deficit disorder and other psychiatric conditions.
TransMedics transplant transport in MA
Mass High Tech February 2, 2004
Since the inception of organ transplants, many life sciences professionals have found it odd that donated hearts were transported from one medical center to another in Igloo ice coolers that might have been purchased at Building 19.
Little things add up to $10.9M financing for BioTrove
Mass High Tech February 2, 2004
BioTrove Inc. recently received a large infusion of cash to pursue a very small technology.
U.K. software development
Mass High Tech January 29, 2004
Woburn, Mass., was founded by a group of Charlestown expatriates in 1640, forming first a town, then a city that later paid for the burial of its local reverend in the form of 14 gallons of wine. It’s here that resident Simeon Reed sold his wife for a yoke of oxen valued at $30 in 1789 and where, in 1810, the nation first saw a live elephant.
BioTrove discovers $10.9M in venture funding
Mass High Tech January 29, 2004

Woburn-based BioTrove Inc. has completed a second closing on a B round of funding, raising $10.9 million in venture capital funding from investors Catalyst Health and Technology Partners, CB Health Ventures, Zero Stage Capital and BioFrontier Partners.

TransMedics lands nearly $28M in second-round funding
Boston Business Journal January 27, 2004
Woburn medical device company TransMedics Inc. has secured nearly $28 million in new, second-round venture funding to further develop its technology to keep organs fresher and healthier before they're transplanted.
ArQule compound nets payment from Wyeth
Boston Business Journal January 26, 2004
Woburn biopharmaceutical drug developer ArQule Inc. will be getting a crucial payment from partner Wyeth Pharmaceuticals of Collegeville, Pa., thanks to progress they've made in developing a potential new treatment.
Network Biosystems puts its chips in DNA analysis
Boston Business Journal January 2, 2004
Network Biosystems Inc. launched its bid for $6.5 million in first-round venture capital last month with a calculated bet: that its technology will generate a wide demand from pharmaceutical companies as well as forensic scientists needing to conduct quick, cost-effective DNA analysis.

2003

Therm gets injection of orders for spray pumps
Mass High Tech December 29, 2003
The busy times for Image Therm Engineering are during the final weeks of December, but that is not just because part of the company’s business is focused on nasal spray pumps.
Taking on the Titans: Life after the capacitor: Nantero plans to be there
Mass High Tech December 29, 2003
Nantero’s technology may be tiny, but the market it hopes to upend is as large as they come: the $25 billion RAM industry.
Wiseman and Yacobian of Cummings lease 3,200 s/f
New England Real Estate Journal December 12, 2003
Predictive Power, Inc. recently leased 3,200 s/f with Cummings Properties in West Cummings Park.
Biomed Rounds: Tufts football vet tackles knee injuries with tissue replacement technology
Mass High Tech December 8, 2003

Torn knee ligaments from football collisions are as old as natural turf and crack-back blocks. Now a former Tufts University football player has received federal funding to develop a company that will provide the tools to improve reconstructive surgery of the knee.

Wiseman and Yacobian of Cummings lease 25,000 s/f
New England Real Estate Journal December 4, 2003
Nine Fitness Group, LLC, doing business as Work Out World, recently leased 25,000 s/f for a health club at 200 Boston Ave.
Anika Therapeutics gets preliminary OK from FDA for osteoarthritis treatmen
t
Mass High Tech December 2, 2003
Woburn-based Anika Therapeutics Inc. has received a preliminary approval from the U.S. Food and Drug Administration (FDA) for its pre-market approval application (PMA) for its osteoarthritis treatment Orthovisc.
Ware-Withal: Ember, Sensitech have fish shipping down cold
Mass High Tech November 24, 2003
The words “fish and chips” take on new meaning once you hear what Beverly’s Sensitech and Boston’s Ember are up to.
BCGI licenses prepaid wireless system to Nigerian telco
Mass High Tech November 18, 2003
Boston Communications Group Inc. today announced it will deploy BCGI Prepaid Wireless in Nigeria for Nigerian Mobile Telecommunications Ltd. (M-Tel).
CardioTech gets FDA nod for wound dressing
Boston Business Journal November 17, 2003
CardioTech International Inc. in Woburn has received U.S. Food and Drug Administration Clearance to start selling a new line of wound dressing.
Internet or Bust
Boston Business Journal November 10, 2003
Dot-com survivor finds success the third time around as intranet service provider for small and midsize businesses.
Agencourt Bioscience gets $27.7M grant for genome research
Mass High Tech November 7, 2003
Agencourt Bioscience Corp., a Beverly provider of genomic services and nucleic acid purification products to the life sciences industry, has been awarded a $27.2 million grant from The National Human Genome Research Institute (NHGRI) of the National Institutes of Health (NIH).
The Real Deal
Mass High Tech November 3-9, 2003
Promethean Surgical Devices, a medical devices firm, has leased 7,500 square feet of office and laboratory space with Cummings Properties at 3 Gill St. in Woburn.
BioTrove names new president and CEO
Boston Business Journal October 20, 2003

BioTrove Inc. of Woburn named chief operating officer Robert Ellis as the new CEO and president and will be responsible for guiding the company's microtechnology-and nanotechnology-scale drug discovery products to commercialization, the company announced Monday.

ArQule continues its transition into drug developer
Boston Business Journal October 6, 2003
WOBURN -- Sept. 30 represented a crucial day in ArQule Inc.'s master plan to reinvent itself.
Fresh City, LSG Sky Chefs ink joint venture
Boston Business Journal October 6, 2003
Needham-based franchise restaurant company Fresh Concepts Inc. has signed a licensing agreement with airline food service provider LSG Sky Chefs to bring its Fresh City restaurant food concept to LSG's in-flight meals program.
U.S. Genomics wins $500K Phase II SBIR grant
MassHighTech, September 29, 2003

Woburn’s U.S. Genomics, a privately held developer of single molecule analysis technologies for the life sciences industry, has received a Phase II SBIR grant from the National Science Foundation.

Natural high: Aphios profits by taming wild compounds
Boston Business Journal, September 19, 2003

WOBURN -- Plant a shrub, cure a disease. It worked for Aphios Corp. The Woburn-based company manufactures and sells to researchers a version of the anti-cancer drug Taxol, which is derived from the needles of the taxus media tree, an ornamental shrub.

You say you want a revolution? Emboldened VCs seem interested
MassHighTech, September 15, 2003

For the past few years, one of the biggest gripes among entrepreneurs has been that venture capitalists have been too conservative.Rather than fund bold, revolutionary startups, VCs have instead preferred teams selling evolutionary products into established markets.

Arqule caps $25M buy of Cyclis
Boston Business Journal, September 9, 2003
Arqule Inc. of Woburn has finished its $25 million purchase of Norwood-based Cyclis Pharmaceuticals Inc., the company announced Tuesday.
Aphios wins NIH grant for smallpox research
Boston Business Journal, September 9, 2003
Biotech firm Aphios Corp. of Woburn announced Tuesday that the company has won a $265,000 grant from National Institutes of Health to uncover possible smallpox cures from compounds discovered in marine micro-organisms.
CardioTech forecasts seven-fold sales growth
Boston Business Journal, September 3, 2003
CardioTech International Inc., a Woburn maker of medical devices to combat cardiovascular disease, said Wednesday it foresees $5.2 million in revenue in the quarter that ends Sept. 30, a seven-fold increase from the same quarter a year ago.
Prepaid cell phone users can fill up at ATMs with BCGI’s Wireless Wallet
Mass High Tech, August 18, 2003
The letters A-T-M may soon come to represent automatic telephone minutes, since the number of automatic teller machines used to top up prepaid wireless telephones is on the rise. Woburn’s BCGI and ATM operators stand to benefit.
Stealthy Coatue is acquired by AMD
Mass High Tech August 18, 2003
Advanced Micro Devices Inc. of California quietly bought Coatue Corp., a secretive microchip startup in Woburn, at the end of May.
Percussion ECM system puts Dollar in its pocket
Mass High Tech August 11, 2003
Half the people who rent cars from Dollar Rent A Car do so online. All of those renters will soon encounter the technology of Stoneham’s Percussion Software, named not for a drum-playing founding member but less lyrically by a focus group.
After acquisitions, CardioTech posts first profit
Boston Business Journal August 13, 2003
CardioTech International Inc., the Woburn company that manufactures medical grade plastics for implantable medical devices, said on Wednesday that it posted a profit in its first fiscal quarter of 2004 and rang up a hefty increase in sales.
Predix Pharma to merge with N.J. company
Boston Business Journal August 13, 2003
A New Jersey biological modeling company has merged with Predix Pharmaceuticals Inc. in Woburn in a deal intended to further develop antianxiety drugs and other compounds to treat depression, lung disorders and bladder incontinence.
Coatue sold to Advanced Micro Devices
MassHighTech August 11, 2003
Venture capital firm ITU Ventures sold one of its portfolio companies — Woburn’s Coatue Corp. — to Advanced Micro Devices Inc. in Sunnyvale, Calif., for an undisclosed amount.
Aegis Semiconductor jumps confidently into optical telecommunications
MassHighTech August 11, 2003
Some might call Matthias Wagner brave. Aegis Semiconductor, the Woburn optical components company that he helped found and now leads as chief executive officer, released its first product for commercial availability late last month.
Health care drives Q2 venture investing
Boston Business Journal—August 1-7, 2003
Despite some drop-off in Massachusetts deals in the second quarter, venture capital investment is rebounding nationally, with the increase in dollars pouring into the health care sector driving the totals up, venture investment statistics show.
Local pharmaceutical firms progress drug trials as conference comes to town
MassHighTech—August 4, 2003
CardioTech International Inc., based in Woburn, recently announced that it is selecting international distributors...
Akceli Expands with Cummings Properties
Medford, MA - According to company officials, Akceli, a venture-backed biotech company, recently leased more than 15,600 square feet of space from Cummings Properties in Medford, MA.
VisEn Medical, Inc leases 11,000 square feet with Woburn-based Cummings Properties
New England Real Estate Journal—July 31, 2003
VisEn Medical, Inc., a three-year old biotechnology firm, reportedly leased 11,000 square feet with Woburn-based Cummings Properties, LLC. VisEn’s new headquarters will be at 12 Cabot Road, Woburn.
In new vein: Cardiotech to test blood vessel substitute.
Boston Business Journal—July 21, 2003
Woburn-based CardioTech International Inc. has gotten a new start.
Change your blood type?
Boston Globe—January 9, 2003
It may sound like science fiction, but a company in Beverly (Cummings Center) has created a system that can change your blood type. In doing so, it may transform transfusion medicine.

2002

Some biotech firms bypass Cambridge for the suburbs feature story,
Boston Globe—September 25, 2002
Lower rents, bigger quarters offer definite allure
A better bug sniffer  
— feature story, Boston Globe— September 4, 2002
  US Genomics, a Woburn start-up with a novel machine that may one day read genetic information directly from DNA molecules, is working on a government project to create a front-line defense in the country's fight against bioterrorism.
A success story  feature story, Lawrence Eagle Tribune
— September 1, 2002
The Shoe is back as the Cummings Center. A historical artifact once thought too unwieldy to be useful, the Beverly factory's hallways now pulsate with software companies, biotechnology startups and some 400 other tenants.
Incubator space for biotech start-ups  
feature story, Mass High Tech — July 15, 2002
With laboratory space and office space still high-priced in the Bay State, startup companies are looking for a cheaper place to call home.
Subway Selects Two Woburn Locations
Subway Real Estate Corporation reportedly leased space in Woburn at 300 West Cummings Park and 150 New Boston Street.
PerkinElmer Expands its Detection Systems Division at Cummings Facility
PerkinElmer Detection Systems reportedly extended its lease and expanded to 78,200 square feet of office and production space at 10 Commerce Way, Woburn.
Coatue leaves Cambridge for Woburn
Coatue, a ventured-funded emerging technology firm, recently leased more than 7,000 square feet at 25 Olympia Avenue, Woburn.
Eyetech Expands with Cummings Properties
Eyetech Pharmaceuticals, Inc., a New York-based research and development firm reportedly signed a lease for 10,750 square feet in Cummings Park, Woburn.
MIT Startup Leases Space with Cummings
GenoMEMS, Inc., a recently formed biotech equipment developer, reportedly leased 6,300 square feet at 3 Gill Street, Woburn, from Cummings Properties.
Cummings Properties leases 20,000 SF to Linden Technologies
Linden Technologies Inc., a growing biotechnology company, leased nearly 20,000 square feet of office and manufacturing space at 35 Cabot Road, Woburn.
April Cornell joins the Mart
Cornell Trading, Inc., Distributors of April Cornell, an internationally acclaimed wholesaler of fine apparel, linens, housewares and gifts, recently leased a showroom in "The Mart at Cummings Park".
Emerging Technology Center
1,000 s.f. turn key wet lab suites, available now!
The Mart @ Cummings Park
Apparel and home furnishings showrooms announced in Woburn.
The Commonwealth's Newest Biotech Centers
Join dozens of other biotech and medical technology firms who have found Cummings Properties ideal for business growth.
MBTA Anderson Regional Transportation Center
At new I-93 McKeown Interchange.
 
 
 
Cummings Properties LLC, 200 West Cummings Park, Woburn, MA 781-935-8000