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Biotechnology
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Portland digital health startup KinoTek raises $2.1M in VC funding
Updated: October 7, 2021The company, which has developed a digital health platform for body-motion assessment and currently employs a dozen people, says it plans to used the funding to scale and serve a wider range of movement-clinician markets.
Updated: October 7, 2021
Incoming JAX president sees new, accelerated opportunities for biomedical research
October 6, 2021The Jackson Laboratory's incoming chief, Lon Cardon, performed a landmark study showing that genes underlie disease. Today, his method is a standard used in many types of medicine. In his new position, he plans to beef up the discipline’s data
October 6, 2021
JAX names California biotech veteran as president and CEO, succeeding Edison Liu
October 5, 2021The biomedical research institute, which has its headquarters in Bar Harbor, will be headed by a scientific leader from BioMarin Pharmaceutical. Liu, who has led JAX for a decade, announced his decision to leave the post earlier this year.
October 5, 2021
Former IDEXX CEO Ayers to chair board of global cat conservation nonprofit
Updated: September 21, 2021Jonathan Ayers, the former chairman, president and CEO of IDEXX Laboratories Inc., will chair the board of Panthera, a New York-based nonprofit devoted to conservation of cats in the wild, the organization announced on Monday.
Updated: September 21, 2021
A new vaccine, for fish? Using Maine wood fiber? UMaine researchers are on it
Updated: August 19, 2021Injectable vaccines are necessary for protecting farmed fish from lethal pathogens. But water- and oil-based vaccines are expensive and can cause undesired side effects. Nanocellulose from Maine may provide a better alternative.
Updated: August 19, 2021Covetrus reports Q2 loss, despite revenue growth of 16%
August 6, 2021The dip was driven partly by increases in overhead costs, but also reflects last year's sale of the company's scil animal-care business.
August 6, 2021
Women to Watch: In both law and business, Krystal Williams is blazing trails
Updated: August 9, 2021Attorney and entrepreneur Krystal Williams, who first came to Maine a decade ago to hike the Appalachian Trail, left Maine’s largest law firm last year to start an advisory firm and a nonprofit driving change within Maine's legal community.
Updated: August 9, 2021
UNE gets $150K to boost diversity in pharmacy workforce
Updated: August 4, 2021A $75,000 grant from Covetrus Inc. will support scholarships and research, while $75,000 from Hannaford Supermarkets will support scholarships at Maine's largest educator of health professionals.
Updated: August 4, 2021
JAX will spend $5M to raise minimum wage for over 1,000 employees
August 3, 2021Employee attraction and retention were top of mind at the Jackson Laboratory when it instituted an immediate increase to its hourly minimum wage. The lab has 220 open positions, including nearly 70 in Maine.
August 3, 2021
A life sciences boom
Updated: August 1, 2021In this feature from the 2021 Fact Book, Mainebiz takes a look at the state's blossoming biotech industry. Many of the field's leaders are focused on animal health. All of them have relied on big ideas.
Updated: August 1, 2021
IDEXX reports Q2 growth in revenue, earnings, and raises guidance
July 30, 2021The Westbrook-based maker of veterinary diagnostic tools, practice software and water microbiology tests said earnings per share grew by 36%. Much of the increase was driven by IDEXX's Companion Animals Group.
July 30, 2021
Portland-based MedRhythms gets $25M in latest venture funding round
July 29, 2021Since launching six years ago, the digital health therapeutics company has now raised $34 million in private financing, is actively hiring and is expanding its product pipeline.
July 29, 2021
Covetrus names new chief accounting officer to succeed Laura Phillips
July 23, 2021Drew Coxhead will take over duties held by Phillips, who is retiring from the Portland-based animal-health company next month.
July 23, 2021
Vertical Harvest, MedRhythms get FAME financing to advance growth plans
July 19, 2021Vertical Harvest will use $45 million in conduit bond financing to help finance its planned indoor farm in Westbrook, while MedRhythms has been approved for New Market tax credits that will be used for product commercialization.
July 19, 2021
Maine tech startup completes $2M financing round, looks to hire
July 13, 2021RockStep Solutions, whose software is designed to help biomedical research labs in the life sciences industry, expects to double its staff of 13 by April.
July 13, 2021
JAX employee apartment complex breaks ground in Bar Harbor, aims to fill housing shortage
July 7, 2021The 24-unit complex, near the biomedical research institution’s Bar Harbor headquarters, utilizes sustainable design and construction principles. The lab is Downeast Maine’s largest employer, but most workers commute from beyond Mount Desert Island.
July 7, 2021
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