Novartis Buys Alnylam Shares, Xconomy Holds First Ever Health IT Forum, Vertex Alumni Spread Throughout Life Sciences Sector, & More Boston-Area Life Sciences News

EMC, Microsoft, and a slew of startups, who dished on how their technology is giving patients greater control over the direction of their health.

—Fairfield, CT-based Management Health Solutions, a provider of inventory management software for hospitals, announced it had raised a $7 million Series B round, led by Enhanced Equity Fund. The new funding enabled its recent acquisition of AtPar, a mobile supply chain software company, and will also go to hiring new employees and expanding products and services.

—Luke did a “where are they now?” piece on the earliest staffers of Vertex Pharmaceuticals (NASDAQ; [[ticker:VRTX]]), the Cambridge biotech that started with the mission of making small-molecule drugs more efficiently than the big pharma companies could. The company was founded 20 years ago by a former senior chemist at Merck, but its alumni have gone on to both big name Boston life sciences and venture capital firms, not to mention a few of their own startups. The list of 33 alumni (and growing, with the help of reader suggestions) helps paint a picture of the influence of the Vertex network in the biotech scene.

—HealthEdge Software, a Burlington, MA-based healthcare payment software maker, pulled in $1.5 million of a planned $3.5 million offering of debt, options, and warrants, an SEC filing revealed.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.