Maryland Daily Record Maryland's trusted source for business and legal news

I-MAB, a Shanghai-based clinical stage biopharmaceutical company with its United States base in Gaithersburg, Tuesday the China National Medical Products Administration (NMPA) has accepted its pivotal trial application for eftansomatropin (also known as TJ101) as a weekly treatment for growth ...

The University of Maryland Medical System (UMMS) Tuesday named Bert W. O’Malley Jr., MD as president and CEO of the University of Maryland Medical Center (UMMC), the flagship academic hospital for the system and an anchor institution in Baltimore. O’Malley ...

The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) was awarded $1,158,589 in the most recent round of the Federal Emergency Management Agency’s (FEMA) Port Security Grant Program. The funding is designated to strengthen cyber security initiatives and closed-circuit ...

WASHINGTON — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year’s second quarter. Treasury ...

WASHINGTON — President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, criticizing the federal-owned corporation for hiring foreign workers. Trump told reporters at the White House that he was formally removing chair Skip ...

Landover-based grocery chain retailer Giant Food Monday announced the expansion of its distribution warehouse in Jessup, Maryland which serves all 163 Giant Food stores throughout Maryland, Washington, Virginia and Delaware. The expansion will create 30 new jobs across various positions for the community. The facility, which ...

A College Park-based startup says its product may help small businesses compete with Amazon. Ovalz, a digital inventory service co-founded by CEO Marvin Harris, addresses challenges small businesses face auditing manually.  Harris’ experiences as a social entrepreneur and the alumnus ...

Ruth Williams-Brinkley, RN, Monday was named president of Kaiser Permanente of the Mid-Atlantic States, which serves 770,000 members throughout Washington, Maryland and northern Virginia. Williams-Brinkley joins the mid-Atlantic region from Kaiser Permanente Northwest, where she served as president since 2017. ...

Four Maryland jurisdictions will share in $462 million awarded Monday by the U.S. Department of Agriculture (USDA) to modernize critical drinking water and wastewater infrastructure across rural America. The town of Westernport received $595,000 in a loan to fund the relining ...

Miles & Stockbridge announced Monday that two lawyers and two paralegals from a leading Maryland immigration law firm, Taylor & Ryan, have joined the firm. Frances O’Connell Taylor, a founding partner of Taylor & Ryan, a Pikesville immigration firm, joined ...