Yearly Archives: 2010

Merck to seek new drug approvals

Merck & Co. plans to file five new drug applications this year but said it has ended development of its first stab at a follow-on biologic drug, illustrating the risks of ... Read More

MEMC Electronic Materials buying Solaicx

MEMC Electronic Materials Inc., based in O’Fallon, Mo., announced today it has reached agreement to acquire privately held Solaicx for at least $66 million. Solaicx, which is headquartered in Santa Clara, ... Read More

Medtronic to buy stent maker Invatec

Medtronic said Monday that it will pay up to $500 million for Invatec, a company that makes medical devices to treat cardiovascular disease, The Associated Press reports. The medical technology company ... Read More

Medtronic to buy ATS Medical for $315.2M

Medical device company Medtronic Inc. said Thursday it has agreed to buy heart device maker ATS Medical Inc. for $315.2 million in cash, expanding its products for cardiac surgery. Medtronic’s offer ... Read More

Mediomics gets $460,000 for research

St. Louis biotechnology company Mediomics said Tuesday it received an additional $460,000 in federal funding thanks to the renewal of a second-year grant from the National Institute of General Medical Sciences. ... Read More

Mamtek to establish large and expandable U.S. presence in Moberly

Moberly Area Economic Development Corporation today announced that the multinational company Mamtek International and its affiliate Mamtek U.S., producers of a healthy sugar substitute called sucralose, plan to base U.S. manufacturing ... Read More

Magna plans electric-car battery plants in U.S., EU

Magna International Inc., Canada’s biggest auto-parts maker, plans to invest as much as $600 million (U.S.) on new plants for making lithium-ion batteries for electric vehicles. “We currently are scouting out ... Read More

Madison Dearborn to pay $915M for Atlanta container maker

Private-equity investor Madison Dearborn Partners LLC has agreed to purchase Bway Holding Co., an Atlanta-based supplier of metal and plastic containers, for $915 million in cash and debt and plans to ... Read More

LMI wins Mitsubishi jet deal

LMI Aerospace Inc. said Monday it won a long-term agreement with Mitsubishi Aircraft Corp. to design and build the tailcone section of the new Mitsubishi Regional Jet (MRJ) set to go ... Read More

Lithium batteries tapped for community storage

A smart-grid project in Ohio will test whether the electricity business will follow the history of computing, with storage moving from center to the edge of the network. Start-up International Battery ... Read More