Novo Biosciences will use the NIH grant for next-level testing of its regenerative therapy drug, which has already proven effective in zebrafish and mice.
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Posted inBusiness, Local & State, News
Two remaining partners of Sheridan Construction Corp. assume its leadership, ownership
Mitchell Sammons and Daniel Wildes will serve as president and senior vice president, respectively.
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Posted inBusiness, Local & State, News
Portland Ship Yard receives $1 million grant to replace aging boat lift
The funds will pay for a new hoist and resolve equipment problems that have hindered the yard’s ability to service many commercial boats and get them back on the water.
Posted inBusiness, Local & State, News
DEP gives preliminary approval to relocation of Maine Turnpike’s York toll plaza
The approval would allow cash collection lanes at the proposed toll plaza, which is opposed by many residents in the area.
Posted inBusiness, Local & State, News
Maine Med receives $11 million NIH grant to study metabolic diseases
The overall goal of the program is to reduce obesity, osteoporosis and diabetes – all metabolic diseases common in Maine.
Posted inBusiness, Local & State, News, Politics
LePage picks oil industry veteran for energy czar
Steven McGrath, the past chief financial officer of Downeast Energy Corp., replaces Patrick Woodcock.
Posted inBusiness, Local & State, News
Soaring Maine gas prices, up 32 cents in a week, alert attorney general to prospect of price gouging
Supplies tighten in New England and a new storm may add to the run-up in cost.
Posted inBusiness, Local & State, News
Family sells Kittery hotel it has owned for more than 50 years
The Coachman Inn on Route 1 is sold to a Massachusetts company for more than $3 million.
Posted inBusiness, Local & State, News, Schools and Education
Commerce Department awards $1.5 million grant to support aquaculture
The grant will be used to upgrade the Darling Marine Center at the University of Maine in Orono.
Posted inBusiness, Local & State, News
Wex sets sights on Portland headquarters in 2019
The South Portland-based company must first get the Planning Board’s approval for the waterfront project.