Delaware Business Now
Branded drug suspected in six overdose deaths in Delaware
After another wave of deaths, health and public safety officials are urging people using heroin or other opioids and their families to seek immediate treatment or have naloxone on hand.
The warning comes as the...
AstraZeneca could get $8.5 billion from cancer drug development deal with Merck
AstraZeneca and Merck & Co., Inc entered a cancer collaboration to co-develop and bring to mark AstraZeneca’s Lynparza (olaparib) for multiple cancer types.
As part of the agreement, Merck will pay AstraZeneca up to $8.5 billion, including...
Long & Foster staff gives back on Community Service Day
Thousands of real estate agents and employees with Long & Foster Real Estate, including those at the Greenville Sales office in Greenville took part in the company’s 20th annual Community Service Day last month.
Long...
Zero energy cottage home model on display at State Fair
ZeMod Delaware debuted its second zero energy home at the Delaware State Fair,
Built by Beracah Homes in Greenwood, the second ZeMod model is a 1,204 square foot two bedroom, two bathroom cottage style home....
AstraZeneca gets European OK for breast cancer drug
AstraZeneca announced that the European Commission has approved Faslodex (fulvestrant) for the treatment of a type of advanced breast cancer.
The EU approval is based on data from the Phase III FALCON trial.
In the FALCON trial,...
Financial literacy funding again offered
For the seventh consecutive year, grant funds for Delaware schools and nonprofits to promote financial literacy across the state are now available through the state’s Financial Literacy Education Fund (FLEF).
“Delaware continues to lead the...
Delaware Tech renewable energy program gains certification
The Delaware Tech renewable energy solar program has been certified by the North American Board of Certified Energy Practitioners (NABCEP), making it the only college in the region with such a designation.
The NABCEP supports...
Highmark Walk event in Delaware raises nearly $159,000
The 2017 Highmark Walk for a Healthy Community, held in six locations across Pennsylvania and Delaware, helped 214 local non-profit organizations raise a record-breaking $1.46 million.
This marks the sixth consecutive year that the walks...
New Castle County tops Kent, Sussex in purchasing power ranking
Higher pay scales have resulted in New Castle County edging out Kent and Sussex's lower cost of living when it comes to purchasing power.
A new study from financial technology company SmartAsset compared cost of living...
TEDxWilmington event will focus on the future of transportation
TEDxWilmington, with support from AAA Mid-Atlantic, is holding what may be the first TEDxSalon in the world dedicated exclusively to exploring the future transportation.
The event is slated for Tuesday, October 17.
The theme of the...
TransPerfect co-owner Shawe makes offer to Elting at gala event featuring Dershowitz,...
TransPerfect co-owner Philip R. Shawe has offered a deal to Elizabeth Elting.
The former couple has been locked in a dispute over control of the New York company that has led to Delaware Chancery Court...
Business people: July 25, 2017
WSFS Financial names senior VP
WSFS Financial Corporation announced Luke M. Donaldson has been named Senior Vice President, Chief Customer Experience Officer. The responsibilities of the Customer Experience department will span across the entire organization....
Attorney General’s office issues warning about rental scams
The Consumer Protection Unit of the Delaware Department of Justice warned Delawareans to be careful when they are looking for a vacation rental.
The scams have been reported in the past in Delaware.
The scammers operating...
More details released on Sallie Mae’s plan to add jobs in New Castle
More details have been released on plans by Sallie Mae to expand its operations, with the state’s new economic development agency taking pains to justify the proposed grant to the student loan banker.
Sallie Mae...
DuPont’s second quarter earnings beat estimates
In what may be its last earnings report, DuPont reported second quarter net income from continuing operations of $0.97 per share and operating earnings of $1.38 per share. The earnings are based on generally accepted accounting...
$65 million note for Hercules Plaza sells for nearly $23 million
A $65 million note for the Hercules Plaza Building has been sold for about $23 million.
Commercial Observer reported that Brooklyn-based CREMAC Asset MManagement agreed to the deep discount for the note.
The note had been...
Delmarva Veteran Builders renovating Delmar Ashley Furniture store
Delmarva Veteran Builders, Salisbury, MD, announced interior renovations are underway on the Ashley Furniture Store at 3 Gerald Ct. in Delmar, DE.
The renovations are being made for the store to continue to maintain corporate...
Richards, Layton & Finger again tops list in mergers and acquisition work
Richards, Layton & Finger, Wilmington, reported that it led The Deal’s ranking of merger and acquisitions transactions handled by Delaware law firms in the first half of 2017.
Posting 24 deals valued at $100 million or more, Richards...
Great Dames launches peer advisory groups
Great Dames is launching peer advisory groups in Delaware.
According to a release, the groups “expand its programs as a learning organization where women ignite and enhance their personal and professional lives.”
The non-profit offers popular...
Planners give a thumbs down to Brandywine Country Club redevelopment
The Brandywine Country Club project could be getting a do-over.
Capano family interests purchased the property off Concord Pike in Brandywine Hundred with the intent of constructing a multi-use project with upwards of 600 apartments.
New Castle...
