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Biotechnology

  • Idexx buys an Oregon co.

    The Mainebiz News Staff August 23, 2009

    Idexx Laboratories has purchased a company in Oregon that provides veterinary telemedicine services, from MRI scans to ECG screens.

    The Mainebiz News Staff August 23, 2009

  • Pet cause | Science and Technology: Jean Hoffman, President, Putney Inc.

    August 10, 2009

    What does a woman do for an encore after she, fresh out of college, cobbles together a development deal in the early ‘80s in China, then builds her own data forecasting company, which she sells for millions? She builds another company.

    August 10, 2009

  • Spin control | Centrifuge innovations position a South Berwick biotech company for growth

    Jim Kozubek July 27, 2009

      A South Berwick company is preparing to ship its first-of-a-kind centrifuge this fall, a product borne equally of frustration and innovation that could hasten discoveries in the scientific and pharmaceutical industries.

    Jim Kozubek July 27, 2009

  • $18M grant to fund biomed research

    The Mainebiz News Staff May 22, 2009

    Maine's research organizations are getting an $18 million federal grant to boost biomedical research training for students and scientists.

    The Mainebiz News Staff May 22, 2009

  • Jackson Lab plans $5M expansion

    The Mainebiz News Staff May 14, 2009

    The Jackson Laboratory is planning a $5 million expansion at its campus in Bar Harbor, thanks to a grant from the federal government.

    The Mainebiz News Staff May 14, 2009

  • ImmuCell reports quarter loss

    The Mainebiz News Staff May 5, 2009

    ImmuCell Corp. today reported a net loss of $35,000 for the first quarter of 2009 compared with a net income of $78,000 the same period last year.

    The Mainebiz News Staff May 5, 2009

  • Idexx revenues dip slightly

    Mainebiz News Staff April 27, 2009

    Idexx, the Westbrook-based pet healthcare company, reported a drop in revenues for the first quarter of 2009 compared with the company's performance for the same period a year ago.

    Mainebiz News Staff April 27, 2009

  • Portland biotech firm starts drug trials

    The Mainebiz News Staff January 26, 2009

    A Portland biotechnology firm will soon conduct human trials on its drug designed to reduce the negative side effects and addictive properties of opiate pain medications.

    The Mainebiz News Staff January 26, 2009

  • ImmuCell takes Q3 loss

    The Mainebiz News Staff November 4, 2008

    Portland biotech firm ImmuCell Corp. today posted a net loss for the third quarter as its books continue to reflect last year's termination of a product development and licensing deal with Pfizer for one of its animal health products.

    The Mainebiz News Staff November 4, 2008

  • Idexx reduces annual revenue projections

    The Mainebiz News Staff October 28, 2008

    Idexx Laboratories has lowered its year-end financial projections because of slowing revenue growth.

    The Mainebiz News Staff October 28, 2008

  • Idexx expands in Tenn.

    The Mainebiz News Staff October 17, 2008

    Idexx Laboratories is building a new lab in Memphis, Tenn., because of shipping advantages.

    The Mainebiz News Staff October 17, 2008

  • Idexx ups Westbrook investment

    The Mainebiz News Staff September 23, 2008

    Idexx Laboratories Inc. in Westbrook says it will invest more than $168 million in its Westbrook facility over the next two decades as its growth comes at a faster clip than it expected.

    The Mainebiz News Staff September 23, 2008

  • ImmuCell posts net loss

    The Mainebiz News Staff August 4, 2008

    ImmuCell Corp., a biotech firm in Portland, today posted a net loss for the second quarter despite a 4% increase in sales.

    The Mainebiz News Staff August 4, 2008

  • Idexx earnings jump

    July 25, 2008

    Idexx Laboratories in Westbrook today posted a second quarter net income of $39.4 million, an 82% increase from the same period last year.

    July 25, 2008

  • MariCal names new CEO

    June 3, 2008

    MariCal, an aquaculture biotechnology company in Portland, has named Bruce Andrews as its new CEO.

    June 3, 2008

  • ImmuCell income down 75%

    The Mainebiz News Staff May 5, 2008

    First-quarter income for Portland biotech firm ImmuCell dropped nearly 75% from the same period last year, according to today's announcement from the company.

    The Mainebiz News Staff May 5, 2008

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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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