company

May 20, 2021 | Maryam Shahzad

Massachusetts-Based Company to Acquire Vigene Biosciences in Rockville

A Massachusetts-based pharmaceutical company announced it signed an agreement to acquire Rockville biotechnology firm Vigene Biosciences, Inc. on Research Court. Charles River Laboratories International, Inc. said it expects to purchase Vigene Biosciences for $292.5 million, subject to some adjustments. The purchase includes contingent future payments of up to $57.5 million based on performance, according to […]

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November 24, 2020 | Maryam Shahzad

AstraZeneca Says its Coronavirus Vaccine Candidate Shows 70% Average Efficacy

AstraZeneca, a multinational pharmaceutical company with a Gaithersburg campus, announced Monday that its COVID-19 vaccine candidate shows a 70% average efficacy rate. The vaccine candidate AZD1222 was administered in two ways. It showed 90% efficacy when it was given as a half dose and followed by a full dose at least one month later, according […]

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November 16, 2020 | Maryam Shahzad

Montgomery County’s Life Sciences Industry Expanding During the Pandemic

The COVID-19 pandemic has not hurt all industries. In Montgomery County, the life sciences sector, in particular, is expanding. “The pandemic has clearly taken a huge toll on not just our economy, locally, but also as you know, nationally as well. However we still continue to see pockets of growth, especially in the life sciences,” […]

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August 31, 2020 | Maryam Shahzad

Novavax Reaches Agreement With Canada to Supply COVID-19 Vaccine

Gaithersburg biotechnology company Novavax announced Monday that it has reached an agreement in principle to give Canada up to 76 million doses of Novavax’s COVID-19 vaccine.  In a statement the company said the vaccine is in multiple Phase 2 clinical trials right now. Novavax expects to finalize an agreement that would begin supplying the doses […]

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August 28, 2017 | Staff Writer

UPDATED: Gas Leak Repairs Underway on Nebel Street, Road Closures

UPDATED Repairs are now underway to a broken six-inch gas line in the 12800 block of Nebel Street, according to a Washington Gas company official. Washington Gas spokesperson Brian Edwards said the gas to the line was turned off at 2:30 p.m. on Monday. “The leak there was a result of a third party strike […]

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March 21, 2017 | Staff Writer

REDI Gears up for Business Appreciation Week (VIDEO)

The Rockville Economic Development Inc. (REDI) is preparing to celebrate Business Appreciation Week, April 3 – 7. This annual event is a way for REDI to thank local companies for choosing the city of Rockville as their place of business. Rock 11 Now has more in this report, below: You can find out more about […]

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January 19, 2017 | Sonya Burke

MCEDC CEO David Petr Wants New Organization to be the Best in Economic Development (VIDEO)

David Petr, the CEO and president of the Montgomery County Economic Development Corp. (MCEDC), was the keynote speaker at the Small Business Network’s monthly event on Jan. 19 at the studios of Montgomery Community Media. Petr, who has been on the job for four months, told dozens of business leaders that the newly created MCEDC […]

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December 29, 2014 | Staff Writer

Trash Strike Continues, The Impact in Montgomery County Described as “Minimal”

UPDATED 12-29-14 The Montgomery County Division of Solid Waste Services (Department of Environmental Protection) is reminding residents scheduled for trash and recycling collections in the areas affected by the strike at Unity Disposal and Recycling LLC, to put their trash and recyclables out by 7 a.m. on Monday, Dec. 29. Residents in the affected areas […]

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October 17, 2013 | Sonya Burke

Sanitation Strike (Video)

For the second day in a row, sanitation workers and union supporters were seen picketing outside the offices of Potomac Disposal, along Woodfield Road at Airpark Road, on Oct. 17. In this MyMCMedia extra, you will hear from one worker who says affordable healthcare is one of the issues that sparked this strike: Potomac Disposal […]

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