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Economic healing
Petersburg aims to become pharma hub
Published
Over the years, Petersburg has become accustomed to bad economic news. After Brown & Williamson Tobacco Corp., Petersburg’s largest employer for decades, left the city in 1985, Petersburg suffered an
Two Va. projects are finalists for $100M U.S. EDA grants
Proposals are two of 60
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Two Virginia projects — one to make Central Virginia an advanced pharmaceutical manufacturing hub and one to support the transportation and logistics cluster in Southern and Southwest Virginia — are
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Richmond pharma company Kaléo acquired
Marathon Asset Management to acquire company by end of year
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New York-based Marathon Asset Management LP announced Monday it has entered into a definitive agreement to acquire Richmond-based privately held pharmaceutical company Kaléo Inc., which is known for making injectors
Health care
BIOTECH | PHARMACEUTICALS
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NANCY HOWELL AGEE PRESIDENT AND CEO, CARILION CLINIC, ROANOKE Agee leads Carilion Clinic, a nonprofit integrated health system that serves more than 1 million people in Virginia and West Virginia
Virginia could receive $530M from $26B opioids settlement
Deal with drug distributors, Johnson & Johnson announced by states attorneys general
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Virginia is expected to receive about $530 million as part of a $26 billion settlement that the nation’s three primary drug distributors and pharmaceutical manufacturer Johnson & Johnson reached Wednesday
AMPAC expanding Petersburg operation, adding 156 jobs
Pharmaceutical manufacturer plans to invest $25 million
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AMPAC Fine Chemicals plans to grow its Petersburg manufacturing facility, investing $25 million and creating 156 jobs, Gov. Ralph Northam announced Tuesday. AMPAC manufactures active pharmaceutical ingredients (APIs) and is
Central Va. pharma hub strategic plan released
VCU announces strategy to drive business and job growth in region
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On Tuesday, the Virginia Commonwealth University College of Engineering announced its strategy to turn Central Virginia into an advanced pharmaceutical manufacturing, research and development hub. The strategic plan aims to
Prince William company to expand manufacturing of COVID-19 test products
Ceres Nanosciences Inc. to create 50 jobs
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Prince William County-based Ceres Nanosciences Inc. will increase manufacturing of its reagent product used in COVID-19 tests, Gov. Ralph Northam announced Wednesday. The project will create 50 jobs in engineering,
New drug cocktail appears to block COVID among people exposed to virus
U.Va. Health is testing antibody treatment from Regeneron Pharmaceuticals
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The University of Virginia Health System is testing an antibody cocktail that so far has blocked 100% of symptomatic COVID-19 cases among people who were exposed to the coronavirus, U.Va.
Pharma manufacturer announces Albemarle County expansion
Afton Scientific to invest $500K, create 20 jobs
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Pharmaceutical manufacturer Afton Scientific LLC will invest $500,000 to expand its Albemarle County operations, adding 20 jobs, Gov. Ralph Northam announced Monday. The company will add 8,000 square feet to