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Health care
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Mills holds off on tighter business restrictions as COVID-19 cases rise in Maine
Updated: October 29, 2020Gov. Janet Mills said Maine businesses are following the rules and thus helping with Maine's economic recovery. She also urged "common sense," saying that individuals not wearing masks or social distancing could send the economy in the other
Updated: October 29, 2020
IDEXX beats expectations on Q3 earnings, citing 'strong recovery' in pet health care
Updated: October 29, 2020The Westbrook-based provider of veterinary diagnostics, veterinary practice software and water microbiology testing reported a 19% increase in revenues over last year to $722 million.
Updated: October 29, 2020
CMH to break ground for cancer center this week, right on schedule
October 27, 2020First announced last November, the $38 million, 50,000-square-foot oncology center will break ground Thursday and is expected to open in the first quarter of 2022.
October 27, 2020
Northern Light Health will close walk-in clinics in Portland, Yarmouth
Updated: October 26, 2020Northern Light Health, the state's second-largest health care system, is shuttering two ambulatory clinics, as it reallocates resources in response to COVID-19 and ongoing consolidation. A third clinic is closing temporarily.
Updated: October 26, 2020
Feds settle charges against OxyContin maker for $8.3B, but Maine presses suit
Updated: October 23, 2020A settlement between Purdue Pharma and the U.S. Department of Justice includes the largest criminal fines in history against a drug manufacturer. But states including Maine, which was targeted by Purdue sales tactics, say it's not enough.
Updated: October 23, 2020
Life science community touts Maine's advantages in new marketing campaign
Updated: October 22, 2020The campaign by an industry group promotes reasons for life-science companies to consider Maine as a location. Among the benefits: a skilled workforce, a supportive business network and quality-of-life attributes.
Updated: October 22, 2020
Pandemic drives demand for Presque Isle maker's medical products
Updated: October 22, 2020Acme Monaco Corp. is on track this year to produce 4 million of its guidewires, up from 3 million in 2019. The company is in hiring mode.
Updated: October 22, 2020
Puritan, Cianbro will build a second COVID swab factory in Pittsfield
October 13, 2020Two Pittsfield factories will produce a total of 90 million medical swabs to meet demand for coronavirus testing. CARES Act allocations provided a total of $126.6 million for retrofits of the existing facilities.
October 13, 2020
UNE to build $70M medical school in Portland
Updated: October 13, 2020The University of New England expects to break ground in spring 2022 on a project that will be partly financed by a $30 million gift from the Harold Alfond Foundation.
Updated: October 13, 2020
MaineHealth wins $1M grant to expand rural care via telehealth, as tech trend continues
October 8, 2020The grant from the federal Department of Agriculture's Rural Development Program is one of over 100 nationwide, totaling $72 million in funds. The award comes as telehealth soars in popularity, driven by the pandemic.
October 8, 2020
Details emerge on use of $500M in grants from Harold Alfond Foundation
October 7, 2020The Harold Alfond Foundation announced grants totaling $500 million to eight Maine schools, research institutes and other organizations. Two of the recipients on Wednesday unveiled plans for the use of the funding.
October 7, 2020Maine economy tanked more in Q2 than most states
October 5, 2020As the U.S. began to experience the full financial brunt of the pandemic from April through June, Maine's gross domestic product plummeted faster than the levels in most states and faster than the pace for the nation as a whole.
October 5, 2020
Maine joins multistate settlement with Anthem over 2015 data breach
Updated: October 2, 2020Through the $39.5 million settlement with 44 states, Anthem has agreed to a series of governance provisions designed to strengthen its practices going forward. Maine will also get resources for consumer protection activities through the settlement.
Updated: October 2, 2020
Giving Notebook: Coffee By Design awards arts grants, Portland seeks help to 'stay the course'
October 1, 2020Coffee By Design announces this year's Rebel Blend Fund grants, while Portland artists — and businesses — are encouraged to help in the city's "Stay the Course" public health awareness campaign to stop the spread of COVID-19.
October 1, 2020
Abbott Labs' rapid COVID-19 tests begin to ship worldwide
September 30, 2020The Chicago-based medical diagnostics company will begin shipping millions of a new test that costs $5 and can get results in 15 minutes, as big orders come in from the U.S. government and the World Health Organization.
September 30, 2020After $40M equity round, Portland animal-health startup gets another investor
September 29, 2020Rarebreed, a veterinary services company, has completed additional financing that includes a "substantial minority investment" from a New York private equity firm.
September 29, 2020
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