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Repligen CEO retires after 19 years, as Waltham firm hits its stride

2015-01-21 21:24:46| Biotech - Topix.net

At the age of 63, Walter Herlihy says he wanted to retire from the biotech firm he's led for nearly the past two decades on a high note. In recent days, he decided this will be the year.

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Montco biotech firm launches $36M stock offering

2015-01-20 18:21:36| Biotech - Topix.net

The Fort Washington, Pa., biotechnology company is selling 3 million shares of common stock through the offering, and expects to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares. Vitae , which went public through a $55 million IPO last September, plans to use the bulk of the proceeds from the offering to continue the development of its most advanced new drug candidate: VTP-43742.

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Oil firm to cut 300 North Sea jobs

2015-01-20 17:32:13| BBC News | Business | UK Edition

Oil company Talisman Sinopec announces plans for 300 job losses from its North Sea operations, from a workforce of about 3,000.

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Pittsburgh-based LB Foster acquires UK rail engineering firm

2015-01-19 17:03:45| Industrial Machines - Topix.net

The 100-year-old TEW Engineering designs and makes applications for rail companies. L.B. Foster senior vice president John Kasel said in a prepared statement that the addition allows the firm to expand its international reach.

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Swedish Firm Invests in Bioplastics

2015-01-19 14:56:00| Chemical Processing

A new pilot plant and laboratory will ensure continued expansion in sustainable products

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