Biotech executive Miguel Fernández Alcalde has worked all over Europe. But when it comes to firepower in life sciences, no place comes close to the Boston-Cambridge area.
The Spanish native moved here in 2023 to be chief operating officer of EMD Serono, the US biotech arm of German conglomerate Merck KGaA. Now, he just stepped up to the top job, by taking over as EMD Serono’s president following the retirement of Chris Round.
“The Boston ecosystem is unbelievable,” said Fernández Alcalde, citing the area’s depth of talent and the state funding to back up the sector. “It’s this virtuous circle that has for many years already been established in Boston, and it’s not that easy to duplicate in many parts of the world.”
That logic drove Round and other senior leaders to uproot a corporate office from its longtime home in suburban Rockland and relocate roughly 400 people to Boston’s Seaport last September — joining the likes of Vertex Pharmaceuticals, Alexion, Foundation Medicine, and Lilly. Fernández Alcalde said attracting and retaining talent was a major motivation for the move to a modern office built on what was the parking lot for the former Anthony’s Pier 4 restaurant. The building, developed by Tishman Speyer, opened in 2019; textbook publisher Cengage first occupied EMD Serono’s space before relocating to Government Center. (EMD Serono — a provider of neurology/immunology, fertility, and oncology treatments — also runs a research center in Billerica.)
Although some commutes were disrupted, Fernández Alcalde said his company is already reaping the benefits of moving to the big city, particularly with regard to hiring. However, the move also makes it easier for rivals to poach his employees, he said, so EMD Serono needs to ensure it remains an attractive place to work.
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“You want to be where things happen,” Fernández Alcalde said. “You need to be surrounded by the people who have that passion. ... This part of Boston, you can feel the vibe when you walk on the streets.”
He acknowledges the uncertainty looming over the industry given the changes underway at federal agencies such as the Food and Drug Administration. But he remains convinced that the United States is a great place to operate for a life sciences company. That’s especially true for Boston. “This is,” he added, “by far miles ahead of any other place.”
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JetBlue CEO eyes growth in Boston market
Can JetBlue get back to cruising altitude here? Chief executive Joanna Geraghty sure thinks so.
Speaking at a Greater Boston Chamber of Commerce event last week, Geraghty pledged to restore the airline’s dominance at Logan Airport.
“We continue to grow Boston again and again ... reestablishing our presence here,” Geraghty said in a Q&A session with PR executive Geri Denterlein on stage.
The New York-based carrier held the number one position at Logan for a long time before the COVID-19 pandemic hit. But JetBlue has since lost momentum here amid stiff competition from Delta Air Lines and a federal lawsuit that broke apart its Northeast marketing partnership with American Airlines. A different government lawsuit thwarting JetBlue’s attempt to acquire Spirit didn’t help.
JetBlue’s daily departures out of Logan are back near 2019 levels when it had an average of 150. But JetBlue’s passenger count has not recovered as quickly, even though Logan’s overall traffic recently passed prepandemic levels.
So who is Logan’s busiest carrier? JetBlue has a bigger market share in the winter, but Delta takes the lead in the summer months, per a Massport spokesperson, and generally has the edge year-round now.
Geraghty pointed to strong growth ahead in Boston, including a 15 percent increase year-over-year in seats sold for the next quarter. JetBlue in January announced it will have 77 nonstop destinations from Boston, more than any other airline, once a bevy of seasonal routes are included. JetBlue is also working on a new 11,000-square-foot lounge at Terminal C.
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To bolster her local cred, Geraghty referred to her top lieutenant, JetBlue president Marty St. George, a South Boston resident. She recruited St. George back to JetBlue around the time she was promoted to the chief executive role in early 2024.
“My president, sometimes we need an interpreter for him,” she said, “he’s so Boston.”
AG Campbell delivers fiery words about Trump

For Attorney General Andrea Campbell, the legal fight to stop the Trump administration’s research funding cutbacks isn’t just about protecting the billions of federal dollars that flow to Massachusetts institutions. It’s about protecting the principles of democracy itself.
Campbell delivered fiery words to the Greater Boston Chamber of Commerce last Thursday, at the Sheraton hotel in the Back Bay. Much of her speech was devoted to criticizing the Trump administration and outlining how she has reacted to the changes coming out of Washington. Campbell’s words echoed the defiant rhetoric that Boston Mayor Michelle Wu used in her state of the city speech at the MGM Music Hall the previous night. In particular, Campbell detailed how her team worked through a weekend to prepare a lawsuit to stop the Trump administration’s gutting of National Institutes of Health funds for overhead costs associated with biomedical research.
“The rule of law isn’t just important to the AG’s office. It’s important to the business community. If you don’t have a system where we value the rule of law ... we’re all in trouble,” Campbell said. “We’re heading in a dangerous direction.”
Her office has been engaged in eight lawsuits so far challenging the Trump administration, including five in which Massachusetts co-led. Her roughly 650-person staff includes about 340 assistant attorneys general.
“We punch above our weight every day,” Campbell said, referring to conference calls with attorneys general who have bigger staffs. “I feel like Muhammad Ali on most of these calls.”
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Giving merchants a helping hand

Every chamber of commerce president wants to grow their membership levels. But how many want to give away memberships for free?
That’s exactly what Greg Reibman at the Charles River Regional Chamber is doing. He’s giving away memberships to independent brick-and-mortar retailers via a new program dubbed “Small Shops.” The hope is they’ll make the chamber’s online directory of businesses more robust while giving members access to the chamber’s networking and advocacy opportunities.
Of Reibman’s roughly 1,100 dues-paying members, he estimates between 50 and 100 are eligible and might drop their $325 annual membership plans.
“There is, maybe for us, $10,000 in revenue at risk, assuming those members don’t all renew or some of them convert to the free membership,” Reibman said.
Some bigger businesses, led by Comcast’s NBC10 Boston and Wellesley consultancy Insource Services, will help cover the free memberships (which don’t include a few services available to full-paying members).
“The goal ... is really to help businesses get through this challenging, uncertain time,” Reibman said. “These folks need our collective support.”
The secret to survivin’
You’ve got to know when to hold ‘em. Know when to fold ‘em. Know when to walk away.
And if you’re the two golfers in the new DraftKings ad, you’ve got to know when to run.
Among the scenes in the ad shot in and around Miami: a pair of golfers fleeing a seemingly upset alligator. The 60-second spot also features vignettes with fans of various teams, including the Boston Bruins and Boston Celtics, while the Kenny Rogers tune, “The Gambler,” plays in the background. In some cases, the fans sing along. (The fleeing golfers are not among them.) The focus of the light-hearted ad is a serious topic: responsible gambling. The tagline: “It’s more fun when it’s for fun.”
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DraftKings debuted the ad last week to launch a multimillion-dollar national campaign. The script was developed by DraftKings’s marketing team; the video was directed by Henry-Alex Rubin of Smuggler, a production company.
“The song, we feel like it’s a perfect fit,” DraftKings chief marketing officer Stephanie Sherman said. “It really captures the spirit of fandom and fun, and bringing people together.”
Sherman confirmed the production team employed a real gator.
“That scene certainly was a tricky one,” she added. “[We] certainly had a trainer on site.”
Jon Chesto can be reached at jon.chesto@globe.com. Follow him @jonchesto.