The Portland-based biotech firm increased revenue by 53 percent and returned to profitability after suffering a net loss in 2018.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Local & State
One thing Maine’s legal pot industry can’t bank on: Support of financial institutions
Their reluctance deprives cannabis firms of a key ingredient for doing business.
advertisement
Posted inBusiness, Local & State
Federal bill could launch cannabis banking industry in Maine
Cannabis would remain an illegal drug under federal law, which means banks providing services to sellers still could face some risks.
Posted inBusiness, News
Finalists chosen for Gorham Savings’ $50,000 LaunchPad competition
The five Maine startups will compete in a live business pitch competition on June 4.
Posted inBusiness, Local & State
Real estate trends point to a cooling economy, experts say
Experts at a Maine Real Estate and Development Association conference say the economic cycle that brought years of real estate market growth appears to be winding down.
Posted inBusiness, Local & State
Jackson Laboratory expands presence in China
The Bar Harbor-based research organization and lab mice supplier says China has emerged as the hottest country outside the U.S. for genetic research into diseases.
Posted inBusiness, Local & State, News
Mercy wins key approval to leave State Street campus for $75 million hospital
The Department of Health and Human Services approves a certificate of need for Northern Light Mercy Hospital to build its new facility on the Fore River Parkway.
Posted inBusiness, Local & State
Wex reports revenue increase, acquisition-related costs in first quarter
The Portland company’s quarterly revenue beat analyst expectations, as did its net income when one-time adjustments were excluded.
Posted inBusiness, Local & State
Idexx reports strong first-quarter revenue, net income growth
The Westbrook-based veterinary diagnostics provider’s earnings exceed analyst expectations.
Posted inBusiness
Cross Insurance acquires Connecticut insurance agency
The Bangor-based company said it has purchased family-owned DiMatteo Insurance for an undisclosed sum.