A Boston Globe delivery truck drove down
Chestnut Street and turned into the emergency room entrance last week at Beth Israel Deaconess Hospital-Needham.
It wasn’t there to deliver newspapers. It was carrying 300 meals to feed hospital workers.
The drop-off is part of a pilot program between the Globe and the hospital that’s a win-win for our hospital workers and our restaurants.
The concept is simple, yet really important: Front line health care workers get healthy, lovingly and safely prepared meals, while area restaurants get
paid to what they do best, feed people.
BID Needham was selected for the pilot by Globe President Vinay Mehra. The hospital, in collaboration with Needham’s Board of Health, designed the protocols
for safe food preparation and delivery.
Mehra and the Globe have committed to funding and facilitating the meal delivery program for the BID Needham’s clinicians and employees for the duration
of the pandemic. (Both the Globe and BIDN are chamber members.)
The next step is to expand this effort across Greater Boston. The Globe is building an online form where restaurants can apply to provide meals. The Globe
and Chef Thomas John of Piperi
will select those that are the best fit. We’ll share the application link when it’s available.
Here’s where the rest of us come in: Help expand this terrific effort by donating here
SBA programs run dry
We knew this was coming. But that doesn’t really make this news any better. The SBA’s $349 billion Paycheck Protection Program has run out
of money. So has the other SBA program many employers have turned to, the Economic Injury Disaster Loans.
"The SBA is unable to accept new applications at this time for the Economic Injury Disaster Loan COVID-19 related assistance program (including EIDL Advances)
based on available appropriations funding,” the agency announced
“Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis."
More than 1.5 million applications had been approved from more than 4,900 lending institutions, according to ABC News.
The best advice we’ve heard for those businesses and nonprofits that have not yet secured a loan is to move forward with your application so you’re in
line for when Congress – hopefully -- adds more funds to the program.
Newton company exploring COVID-19 treatment
The chamber-member life sciences company is looking to initiate a global randomized clinical trial for low dose oral of its anti-cancer
drug selinexor in hospitalized patients with severe COVID-19.
Selinexor is currently approved at higher doses by the Food and Drug Administration (FDA) as a treatment for patients with relapsed or refractory multiple
“As the medical community is urgently seeking innovative ways to address the COVID-19 pandemic, based on recent scientific data, we have decided to evaluate
the potential for selinexor in the treatment of patients with COVID-19, said Sharon Shacham, PhD, MBA, President and Chief Scientific Officer of Karyopharm,
said in a statement
released by the company, which is headquarters on Wells Ave.
“We look forward to working with clinical investigators and regulators across the globe as expeditiously as possible to determine the next steps for this
Two Watertown-headquartered pharmaceutical companies, Aldatu
were also mentioned in the BBJ report.
What would reopening the economy look like?
Needham elects new select chair
Finally this: The Needham Select Board elected Moe Handel to serve as its new chair this week. Matt Borrelli was elected vice chair.
Handel has been a great friend to the business community and a member of the chamber’s N-Squared District Committee and international committee, as well
as the town’s Council of Economic Advisors. We look forward to collaborating closely with Handel and Borelli as we navigate the extraordinary challenges
We also thank outgoing chair John Bulian for his leadership. Bulian will remains a member of the five member board
Be back Monday…or sooner if we have anything timely to pass along.
Stay in touch. Just don’t touch.
President, Newton-Needham Regional Chamber