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Mortgage Blog


A fast-growing East Bay company crossing the boundaries of biotech, manufacturing, chemicals and agriculture landed a $400 million investment that hints at a potential public offering.

Zymergen Inc., which has raised a total of $574 million since it was formed five years ago, said the Series C round was led by returning investor SoftBank Vision Fund. The round included new investors Goldman Sachs and Hanwha Asset Management as well as returning investors Data Collective, True Ventures, Two Sigma…

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Dr. Wesley Burks, executive dean for the UNC School of Medicine, has been chosen to serve as UNC Health Care’s next CEO.

On Friday, the University of North Carolina system's Board of Governors voted unanimously to appoint Burks as CEO of the health care system.

Burks will replace Dr. William Roper, who is stepping down effective Jan. 1 to serve as president of the UNC system. Roper will replace Margaret Spellings, who announced her resignation last month. Roper had previously announced his…

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Shizu Okusa started D.C. juice company Jrink five years ago. Now she’s adding “the pharmacy of the future” to her wellness company’s umbrella.

Apothekary, the second brand under parent Wellthy & Co., is a one-stop shop for herbal supplements, spices and teas to replace quick-fix pharmaceuticals (i.e. sleep aids as opposed to prescribed medication). Now Okusa is raising money, breaking into brick-and-mortar and launching sales nationally online.

The business opened its first store in June,…

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CEO Lonnie Bookbinder says the startup is part of a larger effort to commercialize research coming out of the University of California Davis.

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When employers and health experts partner to examine work processes and injury patterns, we can together make plans to address sources of injury, reduce injury occurrence, improve healing and return-to-work times, and keep employees well. The Puget Sound Business Journal recently held a Thought Leader Forum on this topic. Participants included Jenny Haykin, MA, CRC, integrated leaves & accommodations program manager, Puget Sound Energy, Travis Englehart, CSP, manager of corporate safety, Puget Sound…

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Dr. Ramesh Rengan is Professor and Interim Chair of the Department of Radiation Oncology, University of Washington, Associate Member, Clinical Research Division of the Fred Hutchinson Cancer Research Center, and Medical Director at Seattle Cancer Care Alliance Proton Therapy Center.

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A $200 million medical campus is nearly set to break ground in Mesa.

Plans call for breaking ground early next year on GrandeVita, owned by BioCity Enterprises and being developed by Khangura Development. The 20-acre campus will include 700,000 square feet of independent and assisted living, medical offices, a luxury tower and luxury condos, nursing school and rehab clinic.

Brycon Construction, which is based in Rio Rancho, New Mexico, will oversee the project.

Already anchoring that campus north…

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Donato Tramuto said the company looked at other verticals, including transportation and massage businesses, before deciding to purchase Nutrisystem.

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Johnson & Johnson shares plummeted after a Reuters report said the company knew for decades that its baby powder contained asbestos yet kept that information from regulators and the public.

Shares of Johnson & Johnson (NYSE: JNJ) fell as much as 11 percent on Friday, heading towards its worst trading day since 2002, according to CNN. The stock, a component of the Dow Jones Industrial Average, was trading at $132.95 a share Friday afternoon in New York, down 10 percent from Thursday’s closing price.

New…

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Dr. Wesley Burks, executive dean for the UNC School of Medicine, has been chosen to serve as UNC Health Care’s next CEO.

On Friday, the University of North Carolina system's Board of Governors voted unanimously to appoint Burks as CEO of the health-care system.

Burks will replace Dr. William Roper, who is stepping down effective Jan. 1 to serve as president of the UNC system. Roper will succeed Margaret Spellings, who announced her resignation last month. Roper had previously announced his…

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