Montgomery Community Media

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 […]

After an audit found that 500,000 COVID-19 test kits that the state bought from the South Korean company LabGenomics were not purchased in accordance with state regulations, Gov. Larry Hogan scoffed at the report. “It was complete nonsense. I’m still very happy with the tremendous success of acquiring these test kits. It was probably one […]

Montgomery County’s historic White’s Ferry has a new owner who plans to resume service after it was shutdown last December over a legal dispute. Chuck Kuhn, CEO of the Sterling-based company JK Moving Services, purchased the ferry with his wife, Stacy, according to a statement. Kerri Cook, President of the Poolesville Town Commissioners, said residents […]

This week, District Capital’s Shanna Due discusses the three questions you should consider before making a large purchase.