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Biotechnology

  • $25M grant funds JAX's genetics database

    The Mainebiz News Staff September 28, 2011

    The Jackson Laboratory has received a $24.6 million federal grant to continue operating its genetic information database.

    The Mainebiz News Staff September 28, 2011

  • Westbrook OKs Idexx's expansion plans

    The Mainebiz News Staff September 6, 2011

    Idexx Laboratories' plan for the first phase of its $60 million expansion has earned approval from the city of Westbrook.

    The Mainebiz News Staff September 6, 2011

  • Looking to improve, Brazilian dairy producers tour Maine

    Matt Dodge September 5, 2011

    A Westbrook biotech company hoping to capitalize on Brazil's burgeoning dairy industry hosted a delegation of the country's milk producers, professors and students for a week-long summit.

    Matt Dodge September 5, 2011

  • Jackson Lab hires new CEO

    The Mainebiz News Staff August 28, 2011

    The Jackson Laboratory has named Edison Liu of Singapore as its new president and CEO.

    The Mainebiz News Staff August 28, 2011

  • Jackson Lab resolves two lawsuits

    The Mainebiz News Staff August 22, 2011

    The Jackson Laboratory has resolved a pair of separate patent infringement lawsuits.

    The Mainebiz News Staff August 22, 2011

  • ImmuCell sales jump 16%

    The Mainebiz News Staff August 15, 2011

    Portland-based biotechnology company ImmuCell Corp. saw sales rise 16% in the second quarter over the same period last year, though the company still reported net operating losses.

    The Mainebiz News Staff August 15, 2011

  • Revenues jump 13% at Idexx

    The Mainebiz News Staff July 25, 2011

    Idexx Laboratories Inc. recently reported a 13% jump in revenues for the second quarter of 2011, bringing total revenues for the quarter to nearly $318 million.

    The Mainebiz News Staff July 25, 2011

  • Genetics center to scrap work, cut 20

    The Mainebiz News Staff July 17, 2011

    Citing difficulty in finding funding, the Maine Institute for Human Genetics and Health in Bangor will end its major biomedical research program in September and lay off 20 people.

    The Mainebiz News Staff July 17, 2011

  • Jackson Lab pitches NYC center

    The Mainebiz News Staff July 6, 2011

    The Jackson Laboratory has partnered with six other institutions to propose a bioresearch campus in New York City.

    The Mainebiz News Staff July 6, 2011

  • Jackson Lab ends Fla. expansion bid

    The Mainebiz News Staff June 5, 2011

    The Jackson Laboratory is again scrapping its plans for a Florida expansion, this time for good.

    The Mainebiz News Staff June 5, 2011

  • MTI doles out $58K in grants

    The Mainebiz News Staff May 12, 2011

    The Maine Technology Institute has awarded more than $50,000 in seed grant funds to five companies across the state that specialize in biotechnology and precision manufacturing.

    The Mainebiz News Staff May 12, 2011

  • Q1 revenues up at Idexx

    The Mainebiz News Staff April 22, 2011

    Idexx Laboratories Inc. has reported a 9% rise in revenue for the first quarter of the year, fueled in part by higher-than-anticipated sales in January.

    The Mainebiz News Staff April 22, 2011

  • Jackson Lab revives Fla. explansion plan

    The Mainebiz News Staff March 3, 2011

    The Jackson Laboratory has again proposed building a facility in Florida, after it scrapped a similar plan in January.

    The Mainebiz News Staff March 3, 2011

  • Consortium explores bioplastics potential

    February 22, 2011

    A small group in Maine that is trying to turn potatoes and wood chips into plastics met for its first annual meeting last Friday to discuss its future.

    February 22, 2011

  • Jackson Lab halts Fla. expansion

    The Mainebiz News Staff January 5, 2011

    Bar Harbor-based Jackson Laboratory has pulled its application to expand in Florida, citing a desire explore new funding options with that state's new administration.

    The Mainebiz News Staff January 5, 2011

  • MDI bio lab wins $1.3M grant

    The Mainebiz News Staff December 23, 2010

    The Mount Desert Island Biological Laboratory is receiving a $1.28 million grant to fund studies on the health effects of chemicals.

    The Mainebiz News Staff December 23, 2010

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Today's Poll

Have your consumer spending habits changed?
Poll Description

U.S. retail sales continued to grow in May but not at the pace of previous months, the National Retail Federation reported last week.

Total retail sales, excluding automobiles and gasoline, were up 0.49% seasonally adjusted month over month and up 4.44% unadjusted year over year in May, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation. That compared with increases of 0.72% month over month and 6.76% year over year in April.

Sales of digital products were up last month (by 1.81%), but sales of general merchandise and clothing and accessories were flat.

Declines were reported for electronics and appliances (by 1.98%), furniture and home furnishings (0.24%) and building and garden supply stores (2.3%).

“While momentum remains, the nature of consumer spending is shifting as economic uncertainty increases. Consumer fundamentals haven’t been damaged yet, and a slowing-but-still-growing job market is supporting household priorities ahead of any meaningful price increases in the coming months," said Matthew Shay, president and CEO of the National Retail Federation.

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