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U.K. agency recommends Sucampo drug

Sucampo Pharmaceuticals Inc.,  of Bethesda, a global biopharmaceutical company, announced that the United Kingdom’s National Institute of Health and Care Excellence has issued a guidance recommending the use of Sucampo’s Amitiza (lubiprostone) in the treatment of chronic idiopathic constipation and ...

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JW Marriott offers spa for the time-crunched

JW Marriott, part of Bethesda-based Marriott International’s luxury hotel portfolio, will unveil its first Spa by JW in Houston next month, with 20 more scheduled for JW Marriott properties. The new spas will offer “luxurious yet purposeful” services, the company ...

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UM offers new engineering certificate

The University of Maryland’s Fischell Department of Bioengineering and Center of Excellence in Regulatory Science and Innovation will launch a graduate certificate in regulatory science and engineering at the start of the fall semester, the university announced. The new certificate ...

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Sinclair to close Allbritton deal on Aug. 1

Sinclair Broadcast Group Inc., of Hunt Valley, announced Friday that the Federal Communications Commission and the Department of Justice have approved the company’s acquisition of the Allbritton television stations.  Sinclair intends to close the transaction on Aug. 1. As part ...

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WRIT’s FFO drops in quarter

Washington REIT, of Rockville, an equity real estate investment trust investing in income-producing properties in the Washington metro region, reported a drop in funds from operations for the second quarter — $25.2 million, or 38 cents per diluted share, compared ...

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Shore Bancshares up in second quarter

Shore Bancshares Inc., the parent company of two banks, The Talbot Bank of Easton and CNB, reported a nearly $1 million increase in net income for the second quarter, ended June 30. Profit was $1.3 million, or 13 cents per ...

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FFO, profit rise for First Potomac Realty Trust

First Potomac Realty Trust, a Bethesda-based real estate investment trust that focuses on owning, operating, developing and redeveloping office and business park properties in greater Washington, reported increases in net income and funds from operations for the quarter ended June ...

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Drug association offers courses via GSA

Parenteral Drug Association, of Bethesda, a nonprofit organization that provides science, technology and regulatory information and education in the pharmaceutical field, announced that 31 of its Training and Research Institute courses are now listed with the General Services Administration under ...

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American Capital profits from Tensar sale

American Capital Ltd., of Bethesda, a publicly traded private equity firm and global asset manager, announced it has made $158 million from selling its investment in Tensar International Corp. Inc. earlier this month. The $158 million came via proceeds from ...

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Baltimore branch wins NAACP awards

The Baltimore City Branch of the NAACP was awarded two Thalheimer Awards during the National Convention in Las Vegas, branch President Tessa Hill-Aston announced on Thursday. Baltimore was chosen the best branch in the nation for publications, which includes its ...

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