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March 4, 2024 Edition

Growing pains: Maine life sciences, biohealth startups hustle to raise capital in a tough environment

Renee Cordes

Even during good times, early-stage life sciences and biohealth businesses in Maine frequently have to work harder than their peers in bigger markets to woo investors.

Today's Poll

What's your mode of transportation for Thanksgiving?
Poll Description

Sponsored by Kennebunk Savings Bank

For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.

AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1. 

Of those travelers, 73 million will go by car — up 1.3 million from a year ago.  

With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.) 

Another 2.5 million people will travel by bus, train or cruise ship.

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