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Biotechnology
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Cerahelix raises funds in equity offering
February 24, 2016Cerahelix Inc. of Orono has raised $575,000 of a $1 million equity and Series A preferred stock offering, according to a U.S. Securities and Exchange Commission filing.
February 24, 2016
MDI Bio Lab researcher IDs two drug candidates for chemo side-effect
February 19, 2016A Mount Desert Island Biological Laboratory researcher has discovered two potential drugs that might be used to reverse peripheral nerve damage, a common side effect of chemotherapy.
February 19, 2016No bull here: ImmuCell moves ahead with expansion plans
February 12, 2016A Portland-based animal health products manufacturer is moving ahead with expansion plans for production after it closed a public offering of 1.1 million shares to raise $5.3 million to fund the construction of a new facility to produce its drug
February 12, 2016
TechPlace biotech firm now taking U.S. orders
February 4, 2016Swiss biotech company InSphero AG, a supplier of 3D microtissues for drug testing, said it started taking and processing orders with North American customers on Feb. 1 through its U.S. subsidiary at Brunswick Landing's TechPlace incubator.
February 4, 2016Private-sector group forms to grow three industries
January 20, 2016Maine's agriculture, aquaculture and biopharma industries will be the focus of a nonpartisan effort to create thousands of high-paying jobs over the next decade.
January 20, 2016Bigelow Lab grabs $6.2M in awards
January 14, 2016The Harold Alfond Foundation has awarded $3.1 million to Bigelow Laboratory for Ocean Sciences to build a 32-bed student and visiting scientist residence on its East Boothbay Campus. An anonymous donor matched the award. The project is expected to
January 14, 2016Jackson Lab to get $1M gift from health pioneer
January 12, 2016The Jackson Laboratory said it will get a planned $1 million gift from Dennis J. Paustenbach, a pioneer in the health and environmental risk assessment industry, to support its cancer and immunology research.
January 12, 2016Jackson Lab awarded $1.6 million grant for genetics education
November 13, 2015The Jackson Laboratory in Bar Harbor has been awarded a four-year, $1.6 million grant from the Howard Hughes Medical Institute to expand its course offerings in mammalian genetics, genomics and associated technologies.
November 13, 2015Jackson Lab spinout raises $5.5 million in Series A financing
November 6, 2015Cyteir Therapeutics Inc., a biopharmaceutical startup spun out from The Jackson Laboratory three years ago, has raised $5.5 million in funding for its research to combat cancer.
November 6, 2015
IDEXX founder David Shaw on his investment philosophy
November 2, 2015Toward the end of his time at IDEXX Laboratories Inc., founder David Shaw set up Black Point Group LLC as a vehicle to invest in other companies. That was in 2000. Now, the investment firm has a portfolio with some 20 companies throughout the United
November 2, 2015Idexx Q3 earnings exceed expectations
October 29, 2015Westbrook-based Idexx Laboratories Inc. (NASDAQ: IDXX) on Wednesday reported third-quarter profits of $44.2 million, exceeding Wall Street expectations.
October 29, 2015
Benjamin Shaw's Vets First Choice bites into traditional distribution
October 5, 2015Benjamin Shaw focuses calmly and steadily on his visitor during a recent interview at his Portland office. The only “tell” that there's intensity behind his quiet demeanor is the rhythmic shaking of his legs under the table.
October 5, 2015
A 'Hatchery' for student entrepreneurs: Foundation grant helps launch COA's venture incubator
September 7, 2015A donation to College of the Atlantic's business incubator will allow an unusual program to graduate from its scraping-by status to a permanent place in the curriculum.
September 7, 2015Jackson Lab gets $10M to fight genetically complex diseases
August 14, 2015The Jackson Laboratory in Bar Harbor said it has received a nearly $10 million federal grant to launch a major initiative in collaboration with several institutions to fight life-threatening and genetically complex diseases.
August 14, 2015Jackson Lab gets $1.5M to research rare disorder
August 10, 2015The Jackson Laboratory in Bar Harbor has received a $1.5 million gift from a Houston couple to research a rare disorder that can be life-threatening for infants.
August 10, 2015Bigelow Lab, Ole Miss collaboration moves forward
August 10, 2015A five-year collaboration between Bigelow Laboratory for Ocean Sciences and the University of Mississippi already is producing results, according to the East Boothbay lab.
August 10, 2015
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