Category: Innovation Delaware

By Dan Metz Special to Delaware Business Times Helen Stimson is the president and CEO of Delaware BioScience Association, one of the host organizations of the 2019 BIO International Convention, which will take place in Philadelphia in June of 2019. Among the Delaware representatives, Dr. Eric Kmiec from Christiana Care has been chosen to chair…

(AP) _ Chemours Co. (CC) on Thursday reported third-quarter profit of $275 million. On a per-share basis, the Wilmington, Delaware-based company said it had net income of $1.51. Earnings, adjusted for non-recurring gains, came to $1.49 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research…

DowDuPont today announced the members of the future boards of directors of Dow, DuPont, and Corteva Agriscience. “The establishment of highly qualified boards is a critical milestone for the three industry-leading growth companies we are creating,” said Jeff Fettig, executive chairman of DowDuPont. “Using a rigorous and thorough process, we have formed boards with diverse…

Incyte Corporation announced today that it has been named one of the global biotechnology and pharmaceutical industry’s top employers by Science magazine, ranking second on the list of only 20 companies recognized in the publication’s annual Top Employer’s Survey. “We are proud to be recognized as the number two top employer in the biopharma industry…

Delaware Innovation Space embraces smaller startups

By Dan Linehan  Special to Delaware Business Times Like the emerging companies it cultivates, the Delaware Innovation Space has a growth timeline of its own. It started in March 2017 as an incubator guiding fledgling companies through their earliest stages. Like an egg incubator that controls heat and humidity to create an optimal environment to…

The opening of two new labs at Adesis’ New Castle headquarters is intended to catalyze the company’s expansion into the large-scale manufacturing of specialty chemicals. The labs comprise about 6,000 square feet, but their capacity is limited to where the chemistry happens: In the 32 fume hoods that line the walls. Each fume hood, a…

The steady rise of Prelude Therapeutics

By Dan Linehan Special to Delaware Business Times It’s natural to draw parallels between Kris Vaddi’s time discovering drugs at Incyte, where he spent 14 years, and his latest startup venture, Prelude Therapeutics. But there are many differences. At Incyte, Vaddi joined a thriving public company with hundreds of millions in cash and investments when…

Delaware BioScience Association opens new HQ

By Jon Hurdle Special to Delaware Business Times If you’re trying to promote the growth of one of Delaware’s most promising industries, it helps to have a space where budding entrepreneurs and startups can learn and collaborate together. That’s the experience of the Delaware BioScience Association, a trade group that recently moved its headquarters to…

Gov. John Carney on Tuesday finalized an agreement to lease the Port of Wilmington to GT USA Wilmington, LLC, the local subsidiary of global shipping company Gulftainer. The agreement lays out a plan to construct a new container shipping facility on the Delaware River, create jobs and bring $600 million in new investment over the…