Today in Globe Business

BioVex raises an additional $30 million

BioVex Inc., a Woburn biotechnology company that raised $40 million in venture capital in March to develop a novel cancer-fighting treatment, today will disclose it has raised another $30 million.

The funding rounds together represent the second-largest venture investment in a US biotechnology company this year, according to data from the National Venture Capital Association. The largest outlay, $145 million, went last May to Clovis Oncology, a Boulder, Colo., start-up.

Unlike the BioVex financing in March, which came from existing investors, the latest round comes from a consortium of new investors, led by a pair of Boston venture capital firms, MVM Life Science Partners and Morningside Venture.

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BOSTON CAPITAL: Stocks soar, but not jobs

How long can the stock market and the job market keep heading in opposite directions?

Stocks climbed to their highest levels in more than a year yesterday. A big rally pushed the Dow Jones industrial average up 203.52 to 10,226.94, its highest close since Oct. 3 of last year. Stocks have soared more than 60 percent from their dismal lows hit this spring.

US unemployment reached its highest level in 26 years just a few days ago. The nation’s jobless rate, now 10.2 percent, probably isn’t done climbing and would set a post-World War II record if it reaches 11 percent.

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Clicking on and off the court

The Boston Celtics want fans to get their green on - online.

With a championship-caliber squad on the floor, the team is stepping up its digital game for devotees who can’t get enough of Pierce, KG, Rondo, and Ray on television and can’t score tickets to TD Garden.

The team recently began distributing exclusive locker room footage on YouTube, and last week launched 3-Point Play, an interactive stats prediction game for fans on the Celtics’ Facebook page. The Celtics are also sending Twitter messages, including quotes from press conferences and team events, to 21,000 followers and using the social networking site to offer seating upgrades at games.

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Despite job loss, state is OK with Evergreen loan

Officials at the state-backed economic group MassDevelopment said they have no plans to reconsider a $5 million loan to Evergreen Solar, despite the company’s decision last week to move the assembly of its solar panels from Devens to China next year.

Such a shift may compromise Evergreen’s ability to create 170 “new jobs,’’ as promised in a loan summary distributed to MassDevelopment board members. The board, which voted in September to lend Evergreen money, is scheduled to meet today but an agenda shows members do not intend to discuss the company.

State Senator Mark Montigny expressed outrage, saying taxpayer money shouldn’t be given to a private company.

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