Mortgage Blog
Massachusetts company acquires pharmaceutical business with OP facility
Massachusetts pharmaceutical company CutisPharma Inc. has acquired Silvergate Pharmaceuticals Inc., creating a new, unified company called Azurity Pharmaceuticals, which will focus on meeting the needs of underserved patients, such as children and the elderly.
Silvergate, which develops pediatric medications, was co-founded by Michael Beckloff in 2010 after he and several area organizations saw a lack of safe and accurate medication for children. The Colorado-based company has its research-and-development…
Behind the enmity, a ‘window opened’ with UPMC and Highmark —and all sides pounced on the chance
Although specifics weren’t exactly spelled out — neither Highmark nor UPMC would release many details about the agreement and Shapiro wouldn’t either — it was unexpected but welcome news to western Pennsylvania.
Big Pharma spinout on Peninsula targets childhood liver diseases, $86M IPO
Mike Grey four years ago sold Lumena Pharmaceuticals Inc. — including two drugs targeting liver diseases — to Shire plc. On Friday, his new Peninsula company filed for an $86.25 million initial public offering to take those same two drugs deeper into the clinical trials.
Mirum Pharmaceuticals Inc., a 24-employee company in Foster City, said in a Securities and Exchange Commission filing that it expects to use the money to complete a late-stage clinical trial of the drug maralixibat and start…
A new Trump order may make more health care prices public
The White House will release an executive order on Monday, June 24, 2019, intended to require insurance companies, doctors and hospitals to give patients more information about precisely what their care will cost before they get it.
Blue Cross, North Memorial launch joint venture to share ownership of clinics
Blue Cross and Blue Shield of Minnesota and North Memorial Health have launched a joint venture company that splits ownership of North Memorial's 20 primary and specialty care clinics in the Twin Cities between the two organizations, an action that echoes the growing affinity between payers and providers across the country.
Eagan-based Blue Cross and Robbinsdale-based North Memorial announced the new venture Monday. As part of the agreement, North Memorial will own 51 percent of the new company,…
Bartell Drugs partnership allows for prescription medication delivery in Seattle
Bartell hopes to expand to seven locations by the fall, and 128-year-old drugstore has gotten positive feedback from its early users.
BLOX scores investment from Florida company
Florida-based Haskell makes a strategic investment in Locally-based company BLOX
Missouri nursing home care among nation’s least expensive: Report
Missouri has some of the lowest costs when it comes to nursing home care, according to a report released Friday.
In Missouri, the average monthly cost of a semi-private nursing room was $5,019 and $5,543 for a private room, putting the state as the third least-expensive in the country, according to SeniorLiving.org, an information and resources website. SeniorLiving.org analyzed nursing home rates between states by using data from the 2018 Genworth Cost of Care Survey, which was conducted for the…
St. Louis law firm sues over Roundup advertising
A St. Louis law firm with a track record of success in class-action lawsuits has filed one in Missouri against Monsanto Co., claiming illegal and misleading advertising of its Roundup weed killer.
St. Louis-based Gray, Ritter & Graham and a Kansas City firm filed the suit June 20 in Jackson County Circuit Court, contending that the advertising violated Missouri law.
The suit seeks refunds for all purchases of Roundup by Missouri residents, as well as punitive damages and attorneys’ fees. The…
Lyft and Uber were duds, but the IPO market is having a great year
Investors’ demand to own a piece of fast-growing young technology firms remains robust, and nearly halfway through the year, 2019 is shaping up to be among the strongest years for tech companies to go public.