French drug giant Sanofi-Aventis Thursday said it will further expand its diabetes business with an exclusive worldwide licensing deal with CureDM Group Holdings LLC for the U.S.-based biotech’s experimental treatment Pancreate. ... Read More
Savvis Inc. plans to buy Canadian IT company Fusepoint for $124.5 million. Toronto-based Fusepoint, a portfolio company of M/C Venture Partners, reported $41.7 million in revenue in 2009. The company, led ... Read More
Samsung said on May 11 that it plans to invest $20 billion in healthcare and green energy until 2020 in a move it says could provide thousands of new jobs. Among ... Read More
A new partnership aimed at saving billions of dollars and accelerating sales of pollution-light electric cars was created by Renault, Nissan and Daimler, the companies announced on April 7. The companies ... Read More
Saft, a supplier of advanced battery systems for defense applications, has developed a new lithium-ion battery for non-hybrid vehicles which would power the ignition, lighting and electrical hardware for long periods ... Read More
Sabreliner Corp. said Monday it won a contract with the U.S. Air Force Academy to provide engineering and research support for aging aircraft structures. The contract has a not-to-exceed value of ... Read More
Automakers Renault and Nissan signed a deal with Spanish energy and infrastructure group Acciona on March 20 to market electric cars in the country, the three companies announced. Under the agreement ... Read More
Biotech drugmaker Regulus Therapeutics Inc. said Tuesday it will team up with Sanofi-Aventis SA, one of the world’s largest drug companies, in a drug development deal that could be worth more ... Read More
Red Wing Shoe Co. has received a $261,270 grant to expand its Potosi plant and add 42 new full-time jobs within two years. The Industrial Infrastructure grant, made through the Community ... Read More
CenturyTel Inc. agreed Thursday to buy Qwest Comunications International Inc. in an all-stock deal valuing Qwest at about $10.6 billion—one of the biggest U.S. telecommunications deals in years. The merger will ... Read More