The company will develop a product to help treat soldiers' battlefield injuires.
Watertown's Arsenal Medical received a $15.5 million federal contract to develop a product that would help stop internal bleeding suffered by soldiers in the field. The contract is the second awarded to the company by the Defense Advanced Research Projects Agency (DARPA), according to a report in the Boson Business Journal. Arsenal Medical Inc. is headquartered in Watertown at 480 Arsenal St. The company's technology could address one of the largest causes of battlefield deaths, according to an Arsenal Medical press release. “Currently, there are no effective pre-hospital treatments available for intra-abdominal bleeding on the battlefield,” said Dr. David King a trauma surgeon at Massachusetts General Hospital with significant combat …
The cancer therapy research firm opened celebrated the opening of the new building on Arsenal Street.
FORMA Therapeutics opened its Watertown headquarters in December, but the cancer drug research firm celebrated its opening with a Friday afternoon party attended by Lt. Gov. Timothy Murray. The opening of the 45,000-square-foot building next to the Watertown Mall on Arsenal Street, came days before then BIO International Convention, at the Massachusetts Convention and Exhibition Center, a major gathering of biotech and life science companies. Firms like FORMA have helped make the state’s economy stable even in the tough economic times, Murray said. “As the governor (Deval Patrick) likes to say, this is Massachusetts’ sweet spot – smart, talented people coming up with new ideas and new therapies, like what you are doing here at FORMA,” …
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FORMA Therapeutics
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