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Biotechnology
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Maine’s biotech industry comes into its own
Updated: July 27, 2020Biotechnology is often rooted in business “clusters” around major metropolitan areas, but Maine has become a cluster in its own right.
Updated: July 27, 2020
Covetrus promotes internally for chief HR officer after adding other senior leaders
July 20, 2020Covetrus, the state's largest public company by revenues, continues to revamp its leadership team with the addition of a new chief human resources officer, chief product officer and board member.
July 20, 2020
JAX proposes employee housing development near Bar Harbor campus
July 17, 2020A shortage of year-round housing in Bar Harbor has prompted the Jackson Laboratory to propose a development of 44 units for its employees.
July 17, 2020
UMaine med device spinoff Neuright receives $225K tech transfer award
Updated: June 25, 2020Neuright, a University of Maine biotech spinoff focused on diagnosis and treatment of nerve damage in diseases like diabetes, was awarded $225,000 in federal funds to develop technology for delivery to market.
Updated: June 25, 2020Portland biotech firm gets $500K loan from MTI
June 17, 2020ImmuCell, which make preventive health products for beef and dairy cattle, said its plans include completing development of a treatment for a cow disease that costs the dairy industry $2 billion annually.
June 17, 2020Portland medical device startup gets 'breakthrough' designation from FDA
June 15, 2020The designation of MedRhythms' "digital therapy" for stroke patients with walking impairment means the company could receive quicker review of its product from the Food and Drug Administration.
June 15, 2020
MDI Biological Lab explores use of ‘immortal’ cells in potential new medical treatments
Updated: May 28, 2020Researchers at Mount Desert Island Biological Laboratory in Bar Harbor are now looking at “germ” cells as a source of potential medical treatments. The cells are the only ones in the body with the potential to create an entirely new organism.
Updated: May 28, 2020Abbott, JAX officials to discuss coronavirus science in BioME webinar
Updated: May 27, 2020Representatives of Jackson Laboratory and Abbott Diagnostics, as well as others involved in the medical and science response to the coronavirus, will discuss the specifics of the virus, research, testing and more, in a webinar Thursday.
Updated: May 27, 2020
JAX ramps up 'humanized' mouse production for pandemic fight
May 27, 2020Jackson Laboratory is undertaking an unprecedented scale-up of “humanized” mouse models designed to help scientists around the world develop vaccines and treatments for COVID-19.
May 27, 2020
Covetrus sees 'moderately improving' trends after net loss widens in Q1
May 15, 2020The Portland-based provider of animal-health technology and services reported that its net loss widened in the first quarter as its CEO spoke of "moderately improving" trends ahead. It also announced a new CFO and two other new leadership team
May 15, 2020
With $250M in outside investment, Covetrus reduces short-term debt
May 1, 2020The investment firm Clayton, Dubilier & Rice is already a major shareholder in the company. But the additional stake gives the firm two seats at the Covetrus board table and larger voting rights.
May 1, 2020IDEXX beats estimates on Q1 results, says it's 'well-positioned' for recovery
Updated: April 30, 2020First-quarter earnings exceeded analyst expectations and revenue was up over the same quarter last year. But citing the current public health and economic crisis, the Westbrook company withdrew its 2020 financial guidance.
Updated: April 30, 2020
Portland startup MedRhythms gets second patent, launches patient board
April 23, 2020The medical technology company, which is developing a digital therapeutic system for patients with walking impairment, is continuing to expand its product pipeline into a range of neurological conditions.
April 23, 2020
Saco medical device company receives FAME financing for expansion
Updated: April 17, 2020Maine Molecular Quality Controls Inc. on Thursday received insurance from the Finance Authority of Maine on a $2.2 million loan, which will fund a 37,500-square-foot expansion of the company's Saco facility.
Updated: April 17, 2020
Scarborough-based Fluid Imaging Technologies acquired by Japanese biotech
Updated: April 17, 2020Fluid Imaging Technologies of Scarborough has been acquired by Japanese biotechnology firm Yokogawa Electric Corp., the companies said Thursday. Terms were not disclosed.
Updated: April 17, 2020
Cerahelix founder leaves to manage UMaine’s 3D printer program
April 7, 2020Susan MacKay will manage the University of Maine’s Advanced Structures and Composites Center's biobased additive manufacturing program with Oak Ridge National Lab.
April 7, 2020
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