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Tuesday, June 11, 2019

SUEZ’s spending $17 million on water storage and energy-efficient pumps

SUEZ Delaware is beefing up its water storage capacity with a $17 million investment at its Stanton Water Treatment Plant that includes more energy-efficient pumps.  The project adds four million gallons of treated water storage...

Study of AstraZeneca’s Farxiga shows drug slowing progression of kidney disease

A study indicates that AstraZeneca drug Farxiga reduced the progression of kidney disease in patients with type 2 diabetes. Data  presented  at the American Diabetes Association (ADA) 79th Scientific Sessions in  San Francisco and  published in...

Vice chancellor rules Facebook gives green light for stockholder groups to inspect books,...

Delaware Vice Chancellor Joseph Slights has ruled that plaintiffs have a right to inspect Facebook's  records and books.  The case has been closely watched, given the publicity over Facebook’s  policies and calls for greater regulation of...

State and Bloosurf announce wireless broadband partnership for Kent, Sussex

The Delaware Department of Technology and Information announced a partnership with Bloosurf to provide wireless broadband in rural areas of Kent and Sussex counties. Last July, Governor John Carney and DTI issued a Request for...

Pharma start-up with Wilmington office gains $30 million in financing

Ayala Pharmaceuticals, Inc., a clinical-stage company announced the successful completion of a $30 million Series B financing. Ayala has offices in Wilmington and Israel The investment was led by pharma giant  Novartis with participation from...

Trending: JPMorgan Chase buys large tract near Delaware line

JPMorgan Chase  has snapped up a large tract from the shopping center and office investor PREIT. The Chester County Press  reported the sale of the 187-acre tract for a reported $11 million.  PREIT (formerly Pennsylvania...

SevOne founder launches start-up

Pliant, a workflow automation platform has secured more than  $2.5 million in funding, led by former SevOne startup executive, Vess Bakalov. Backed by Newfund Capital, New Stack Ventures, Leading Edge, and other angel and family...

Rehoboth parkers can’t back into spaces as city adds plate scanning tech to...

The favored parking method of individuals and  safety conscious companies like Delmarva Power will not be an option in Rehoboth Beach as meter and permit season gets underway. As the peak season begins,   parking permits are needed in...

Technology  Forum showcases promising tech companies

Technology Forum of Delaware held its annual Tech Showcase Wednesday night at the downtown Wilmington offices of the law firm of Young, Conaway, Stargatt and Taylor. The showcase spotlights technology-based  companies. Among the exhibitors were:  Spekciton  Biosciences,...

Top trending: Computer Aid moving to Iron Hill Corporate Center in Ogletown

Longtime downtown Wilmington tenant Computer Aid, Inc. (CAI)  will move to a new location in the Ogletown area south of Newark.  The relocation will allow CAI to expand its information technology capabilities and provide greater...