| Boston Scientific to speed up research thanks to medical device tax delay “The suspension of the medical device tax allowed us to double the amount of money and resources we were able to put toward this collaboration with the Mayo Clinic," said Kevin Ballinger, senior VP at the Marlborough-based company. Bayer to open East Coast innovation center in Cambridge “The U.S. is the center of biotech, and Boston is the capital of the biotech universe,” said Kemal Malik, Bayer’s head of innovation. Vedanta moves out of parent PureTech's HQ into larger facility The microbiome-focused biotech said its new Cambridge headquarters will be used for research and development as well as a facility to make live bacterial drugs. Boston Children's Hospital is growing expenses faster than revenues Despite higher volume, the city’s largest pediatric hospital reported a 71 percent decrease in operating income in the first quarter of fiscal 2016. | 
