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Biotechnology

Houlton wins $1.6M grant for food-processing site that will serve research labs

Staff |

The U.S. Department of Commerce's Economic Development Administration has awarded a $1.6 million grant to the Southern Aroostook Development Corp. of Houlton to help build an industrial building that...

Accelerator hub to boost growth of bio-tech industry in Maine and beyond

Laurie Schreiber |

A biosciences hub is in the early stages of developing a network that would foster cooperation and growth of the industry in Maine and Northeast.

Covetrus makes its debut on Nasdaq exchange

Renee Cordes |

Maine has a new big dog in its small pack of publicly traded entities as shares of animal-health technology and services company Covetrus Inc. began trading on Nasdaq Friday.

IDEXX beats expectations in Q4 but warns of currency headwinds in 2019

Renee Cordes |

IDEXX Laboratories Inc. (Nasdaq: IDXX) on Friday reported higher-than-expected fourth-quarter earnings, driven by strong global demand for animal diagnostics and lower corporate taxes.

FocusMaine cites success in first year of 10-year plan to add 20,000 jobs

Staff |

FocusMaine, a nonprofit partnership focused on increasing the state's economic base, said its efforts have reaped success in agriculture and aquaculture businesses, a year after launching a 10-year...

Novo Biosciences reaches new milestones in regenerative drug candidate

Staff |

Bar Harbor biotech firm Novo Biosciences said it has made substantial progress for the drug candidate it’s developing to activate injured tissue regeneration, including heart muscle tissue...

Vets First Choice announces new name, leadership team, when merger is completed

Staff |

Vets First Choice and Henry Schein Inc. (Nasdaq: HSIC) announced Thursday a new name and the leadership structure for the new standalone public company that will result from the planned spin-off of...

Vets First Choice names top execs for finance, HR

Staff |

Vets First Choice, the Portland-based animal pharmacy services company merging with the animal health business of Henry Schein Inc. (Nasdaq: HSIC), has named a new chief financial officer and a chief...

IDEXX revenues up 11% in Q3 earnings report

Staff |

IDEXX Laboratories Inc., the Westbrook-based maker of veterinary diagnostic products, today announced revenues for the year's third quarter of $545 million, an increase of 11% compared to the prior...

Saint Joseph's contributes to research on improving survivability of shipped lobsters

Laurie Schreiber |

An academic and industry collaboration is looking into ways to create an environment where a “soft shell lobster” can be turned into a more resilient and valuable “hard shell...

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