Tag Archives: rockville

Public-private effort targets vaccines

Fina Biosolutions LLC, of Rockville, a privately held developer of vaccines to combat life-threatening diseases, and Frank T. Robb, a scientist at the University of Maryland Institute of Marine and Environmental Technology, are collaborating to devise new, less costly ways to manufacture a key component used in many vaccines.

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CareFirst, Infosys expand relationship

CareFirst BlueCross BlueShield, a nonprofit health insurer with 3.4 million members in Maryland, D.C. and Northern Virginia, has selected Infosys Public Services, of Rockville, a provider of information technology consulting and business processing services for governmental and private health care providers, to support its IT operations and provide application development and other support services under a new managed services contract.

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Synthetic Biologics reports larger loss

Synthetic Biologics Inc., of Rockville, which develops and commercializes medicines for the treatment of serious infectious diseases, reported its first-quarter net loss totaled $2.2 million, or 5 cents per diluted share, compared with a net loss of $1.2 million, or 4 cents per diluted share, for the year-ago period.

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Rockville-based EntreMed cuts loss in first quarter

EntreMed Inc., of Rockville, a clinical-stage pharmaceutical company developing drugs for the treatment of cancer, reduced its net loss in the 2013 first-quarter, reporting a loss of $1.1 million, or 5 cents per diluted share versus a net loss of $2.5 million, or 23 cents per diluted share, for the same period last year.

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Rockville bank tapped for N.C. role

Capital Bank, a Rockville-based bank with two branches in Maryland and one in Washington, announced it has acquired most of the assets and assumed the deposits of Pisgah Community Bank in Asheville, N.C. Pisgah, which has a single location in Asheville, was closed by North Carolina banking officials on Friday and its assets and deposits transferred to the Federal Deposit Insurance Corp. acting as receiver for the failed bank.

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