Emergent BioSolutions (EBS) Signs BARDA Contract Valued at up to $1.6B for Development and Delivery of NuThrax Sep 30, 2016 09:11AM

Emergent BioSolutions Inc. (NYSE: EBS) announced today that it has signed a multi-year contract with the Biomedical Advanced Research and Development Authority (BARDA), which is a division of the U.S. Department of Health and Human Services’ Office of the Assistant Secretary for Preparedness and Response, for the advanced development and delivery of NuThraxTM (anthrax vaccine adsorbed with CPG 7909 adjuvant), also known as AV7909, the company’s next generation... (continue reading...)

Langley Holdings to Acquire Substantially All Assets of Active Power (ACPW) Under New Asset Purchase Agreement Sep 30, 2016 08:46AM

Active Power (Nasdaq: ACPW) announced that it has signed an Asset Purchase Agreement (APA) with Langley Holdings PLC ("Langley"). Under the terms of the APA, Langley will acquire substantially all assets and operations of Active Power, including the Active Power name, through their Piller USA Inc. subsidiary for a nominal purchase price, plus the assumption of all debt, liabilities, customer, employee and purchase commitments going forward. Closing is subject to... (continue reading...)

Amyris (AMRS) Enters New Funding Arrangement, Expanded Nutraceutical Collaboration Sep 30, 2016 08:34AM

Amyris, Inc. (Nasdaq: AMRS), the industrial bioscience company, today announced that it has expanded its strategic partnership with a global nutraceuticals market leader. The new agreement represents a significant expansion in expected revenue compared to the prior agreement announced on April 27, 2016, and includes the addition of a new nutraceutical target, a credit line of up to $25 million with a 5-year maturity, and an option for a $5-million strategic investment... (continue reading...)

Berry Plastics Group (BERY) Names Tom Salmon as COO; CEO Jon Rich to Retire Sep 30, 2016 08:33AM

Today, the Board of Directors of Berry Plastics Group, Inc. (NYSE: BERY) announced that Thomas E. (Tom) Salmon has been unanimously elected as Berry’s President and Chief Operating Officer effective October 3, 2016. As President and Chief Operating Officer, Salmon will be responsible for the Company’s operating businesses, operations, supply chain, and procurement. Salmon currently serves as President of the Company’s Consumer Packaging Division.

The Company also... (continue reading...)

GEO Group (GEO) Receives BOP Extension on D. Ray James Correctional Facility Contract Sep 30, 2016 08:16AM

The GEO Group, Inc. (NYSE: GEO) announced that the Federal Bureau of Prisons (the “BOP”) has extended its contract for the company-owned D. Ray James Correctional Facility (the “Facility”) for a two-year renewal term through September 30, 2018 for the housing of up to 1,900 federal inmates with a fixed payment for 1,800 beds compared to GEO’s previous contract which contained a fixed payment for 1,962 beds.

“We are very appreciative of the continued... (continue reading...)

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