Market Highlights

• Government agency ARPA-H, under the National Institutes of Health, has selected Cambridge's Kendall Square as one of its three locations in the country, which will aid companies with financial and advisory support.
• Alexandria Real Estate scraps an anticipated one million square foot life sciences project in South Boston and sold the property for nearly half of its purchase price.
• Respiratory and immunological drug developer start-up Ailos Bio raised $245 million for Phase 2 of its medication to treat severe asthma.

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