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Alexion Shakes Off Management Change and Bad Press With Strong Financial…
After Columns and Reports in The Hartford Business Journal, Connecticut Post and New Haven Register, all questioning the health and even the viability of New Haven’s flagship company Alexion Pharmaceuticals, amidst…
Amtrak Loses Bid To Operate New Springfield to New Haven Commuter Rail
By, Mark Pazniokas ctmirror.com HARTFORD: A joint venture of TransitAmerica Services and Alternate Concepts was chosen over Amtrak and three other bidders Monday as operator of the Hartford Line, a commuter rail service to…
Subway Hoping A New Look Will Elevate Sales
By Mitchell Young Milford: Change and new energy has been coming to privately owned Subway since the appointment of Susan Greco as its new CEO in 2015. The company established a digital marketing department in 2016 at its…
State Employees Ratify Concessions By Wide Margin
Union representatives at a press conference announcing the ratification of a concessions agreement with the state. Photo: Mark Pazniokas ctmirror.org By, Keith M. Phaneuf and Mark Pazniokas ctmirror.org HARTFORD: Unionized…
Born In 1983 to Fight Aids – Protein Sciences Flu Vaccine Attracts $750…
By Mitchell Young MERIDEN: Sanofi, [NYSE: SYN] the $111 billion Paris, France based pharmaceutical giant announced it will purchase Protein Sciences Corp. [PSC] for up to $750 million including an up-front payment of $650…
Alexion Good and Bad News Again
By Mitchell Young NEW HAVEN: Alexion [Nasdaq: ALXN] stock is battling off another a report of an investigation. The company has reported that it is under investigation by the U.S. Department of Health and Human Services’…
Court Rules For Marijuana In The Workplace
BOSTON: Massachusetts’ Supreme Court has ruled that an employer cannot fire an employee for using Medical Marijuana, and can sue under “handicap discrimination” statues. Advantage Sales and Marketing of Foxborough fired…
West Hartford Med Tech Company Raises $1.9 Million
WEST HARTFORD: ReadyDock develops tablet docking stations for tablet PCs used in the medical and laboratory, food, clean facilities, and education markets. The dock charges, secures and disinfects, the devices “chemical…
New Haven and Tokyo Biotechs Partner Up
NEW HAVEN: Kleo Pharmaceuticals has entered into a drug development agreement with PeptiDream Inc an “emerging” public…
Connecticut Single Family Home and Condo Sales Surge Continues
BOSTON: Single-family home sales in Connecticut jumped 10.6 percent in May compared to May of 2016, according to the latest…
New Trained Workers Scarce For CT Defense Companies
A Virginia-class attack submarine By, Ana Radelat ctmirror.com Washington: Even before President Donald Trump assumed…
Higher Sales Tax On Dems Picnic Table
House Speaker Joe Aresimowicz, left, and House Majority Leader Matt Ritter keeping sales tax increase on the table. Sales…
Alexion: Blame It On Brazil or Kanuma -The Stock Dives, And The Movers Get…
Alexion's New CEO Ludwig Hantson is making major executive changes By Mitchell Young New Haven: In spite of unexpected sales and earnings growth announced by Alexion Pharmaceuticals [Nasdaq: ALXN] just weeks ago, the…
With Trump's Legal Pick Lieberman Is Likely Off FBI Job List
By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s decision to hire attorney Marc Kasowitz to serve as his private lawyer during…
Rescigno to Retire from Greater New Haven Chamber of Commerce
CHAMBER RELEASE New Haven, CT (May 22, 2017) – After 17 years of service as the President of the Greater New Haven Chamber of Commerce (GNHCC), Anthony Rescigno announced today his plans to retire on December 31, 2017. A…
Dems Say Yes To Pot Cash, Casinos, Big Cuts To Munis
Democrats would slash municipal aid, allow casino, legalize pot By Keith M. Phaneuf ctmirror.com Hartford: House and Senate Democrats Tuesday recommended opening a new casino, legalizing marijuana and imposing deep cuts to…
Senate GOP Not Ready To Share CT Budget Fix With The Public
By Keith M. Phaneuf ctmiror.com Another question of public access arose Monday in the struggle to balance the next state…
Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future
By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and…
Auto Dealers Cite Tesla Cheating Report, To Stop Exemption Bill
Dealers Are Charging Up to Challenge Tesla - with Cars Too The DMV report says Tesla's Greenwich showroom violated…
Casino Revenues Stable, Foxwoods Weak, Mohegan Up
Mashantucket, Uncasville: Connecticut’s casinos have reported mixed results for April. Foxwoods reported slot revenue of…
After Layoffs, Investigation, New CEOs - Alexion Reports Results
By Mitchell Young New Haven: Worry warts that reacted to Alexion Pharmaceuticals, Inc.’s [Nasdaq: ALXN] announcement that it…
That’s The Spirit, Bradley Adds New Airline to The Mix
Windsor Locks: Will Connecticut residents have something new to complain about or will they revel in a new low cost travel…
Health
Health Insurers Seek Double-Digit Rate Increases
By: Kyle Constable ctmirror.org Connecticare actuary Kelsey, tries to lay out the numbers behind the company's proposed rate increases. Hartford: Two…
Starling Roosts In New Nest East of The River
Glastonbury: A leading physician owned multispecialty medical practice Starling Physicians hasexpanded east of the river at 289 Western Boulevard.…
Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future
By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and small-business policies…
Connecticut Health Plans Not Happy With Trump ACA Overhaul
Insurers: Trump hasn’t committed to payments that would keep them in ACA exchanges By Ana Radelat ctmirror.com Washington: Despite reports to the…
St. Vincent's Hospital Says No Sale Imminent
BRIDGEPORT: In meetings in late February [see report] hospital executives told employees that it was considering a potential sale or merger in the…
What The GOP Obamacare Replacement Bill Means For You And CT
By, Arielle Levin Becker, ctmirror.com Members of Congress will begin moving forward today with efforts to pass the American Health Care Act, a…
Hartford Insurance Execs Looking For A Friend In Washington
By Mitchell Young WASHINGTON: Aetna [NYSE: AET] and Cigna [NYSE:CI] have watched their huge mergers collapse this month under the weight of lawsuits…
Is St Vincent’s Hospital On The Block?
BRIDGEPORT: A report late Thursday, February 23 in the Connecticut Post revealed that management at Bridgeport’s St. Vincent's Hospital has told…
CT Hospitals Launch TV Ad To Protest New Tax Proposal
By: Keith M. Pahneuf, ctmirror.com Connecticut’s hospital industry launched a new television ad Thursday to protest Gov. Dannel P. Malloy’s proposal…
Alexion: The News is Very Good But Not Completely Good
By, Mitchell Young NEW HAVEN: When a company reports organic revenue growth of 18.6% year over year, hats typically get tipped to the company, all…
Inbox: Med Billing Start-Up, Raises $1.5 Million
Inbox Health a Connecticut start up says they can help health care providers, from very small practices to large health care systems better control…
Hospitals Blast Malloy’s Proposal To Subject Them To Property Taxes
By: Arielle Levin Becker, ctmirror.com Hartford HealthCare CEO Elliot Joseph: "this will raise the cost of health care for all our state’s residents…
Hospitals Worry Medicaid, Obamacare Changes Could Bring Pain
By, Arielle Levin Becker [This is a significantly edited version, the complete article can be found at ctmirror.com] With the potential for major…
Hospital Lights Up Cannabis Research
HARTFORD: St. Francis Hospital and Medical Center’s medical marijuana research program has been approved by the state. The hospital say’s its…
Connecticut On Santa’s Good List For Once
Connecticut companies may want to move down South to save on electricity and wage costs, but according to the 2016 report by the United Health…
To Err is Human, Unless It Is Happening to You
State Measure Errors In Connecticut Hospitals HARTFORD: Good news from the Connecticut Department of Public Health, errors or what they call “adverse…
Technology
West Hartford Med Tech Company Raises $1.9 Million
WEST HARTFORD: ReadyDock develops tablet docking stations for tablet PCs used in the medical and laboratory, food, clean facilities, and education…
Crowdfunding & Cause-Related Marketing Seminar In Fairfield
Thursday, June 22, 2017 from 7:00 PM to 8:30 PM EDT Fairfield Library 1080 Old Post Rd. Fairfield Crowdfunding & Cause-Related Marketing "The New…
Fuel Cell Picks Up Some Financial Energy
Danbury: FuelCell Energy Inc. [Nasdaq: FCEL] stock went on a world wind trip this week losing 10% of it value on a single day May 2. The stock closed…
Milford Fisheries Lab Invents “Man Overboard” Rescue Device
Milford: Northeast Fisheries Science Center's Milford Laboratory has developed a “Man Overboard” rescue Device. The device is the invention of Robert…
CT Tech By The Numbers
Fifty State Tech Reports Present Connecticut Data CONNTACT.com Compiled Comparisons With Our State Neighbors Below The state of Connecticut and many…
CONNECTICUT INNOVATORS: Stitching Together A Next Generation Product
A Global Healthcare Giant Engineers and Builds New In Connecticut By Mitchell Young NORTH HAVEN: Leon Hirsch was hoping to get his entrepreneurial…
Tech Council Selects Top Women Innovators From 50 Leaders
AWARD RELEASE HARTFORD: Fifty women from across Connecticut were honored for their innovation and leadership during the thirteenth annual Connecticut…
Connecticut's Fastest Growing Tech Company - Reports Results
STAMFORD: Revolution Lighting Technologies, Inc. [Nasdaq:RVLT] was recognized as Connecticut’s fastest growing technology company by the Connecticut…
Fast Growing Branford Software Innovator Acquired By Leading Global…
Core Informatics CEO: Gabelle wants to "accelerate the digital lab." BRANFORD: Core Informatics one of Connecticut’s fastest growing technology…
CT Venture Arm Invested Broadly To End 2016
ROCKY HILL: The fourth quarter of 2016 brought a great stash of new cash to 31 companies across Connecticut and beyond, from Ridgefield to Tolland.…
Real Estate & Construction
Apartment Complex Next To SCSU Sells
HAMDEN: interest in Greater New Haven apartments by investors continues to grow with the purchase by, CT HLKT 655 Fitch, LLC of Willow Woods, a…
The Connection Rises Above New Haven Green
NEW HAVEN: The Connection Inc. has leased 13,122 square feet at 900 Chapel Street. The private, non-profit human service and community development…
Rhode Island Trailer Company Relocates to Plainfield
PLAINFIELD: , B.H. Trailers and Plow CT, LLC, has purchased a 6,000 sf office/showroom/light manufacturing building in the Plainfield Industrial Park…
1555 Post Road East for $2.2 million
WESTPORT: 1555 Post Road East, a 10,000 square footoffice building on .81 acres and the former home of Petrucci Construction Corp sold for $2.2…
New Haven Rents Continue To Climb - Surpass Other Cities
NEW HAVEN: According to information compiled by the apartments listing website Apartmentlist.com rents in New Haven have continued to increase,…
Connecticut Single Family Home and Condo Sales Surge Continues
BOSTON: Single-family home sales in Connecticut jumped 10.6 percent in May compared to May of 2016, according to the latest report from The Warren…
Distributor Expands and Leases In Wallingford
Wallingford: Consolidated Electrical Distributors (CED), a nationwide distributor serving the contractor, industrial and commercial markets has…
Dublin Based Biotech Raises Funds and Expands CT Facility
Old Saybrook: Iterum Therapeutics US Limited, of Dublin Ireland is expanding its space and commitment in Old Saybrook. The company has leased 9413…
May: Condo Sales Boom and Single Family Sales Show Strong Growth
Hartford: Connecticut real estate agents and homeowners selling their homes had a good month in May according to a report issued by the Connecticut…
CT AIA Business Architecture 2017 Awards
Pirie Associates Architects, Denali, Old Saybrook and Trumbull New Haven [ Photographer: John Muggenborg ] New Haven: Each year The Connecticut…
Government
State Employees Ratify Concessions By Wide Margin
Union representatives at a press conference announcing the ratification of a concessions agreement with the state. Photo: Mark Pazniokas ctmirror.org…
Higher Sales Tax On Dems Picnic Table
House Speaker Joe Aresimowicz, left, and House Majority Leader Matt Ritter keeping sales tax increase on the table. Sales Tax Hike Remains In Play As…
Getting it Wrong On Alexion. We Have Met The Enemy, And It Is You
By Mitchell Young Former Democratic Governor Ella Grasso famously made a home cooked meal for Miles Laboratories, [Bayer Pharmaceuticals] executives…
With Trump's Legal Pick Lieberman Is Likely Off FBI Job List
By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s…
Malloy and Unions Close to $1.6 Billion Dollar Deal - Extends Benefits…
By KEITH M. PHANEUF ctmirror.com Hartford: Gov. Dannel P. Malloy and state employee unions stand on the cusp of a concessions deal worth close to…
Dems Say Yes To Pot Cash, Casinos, Big Cuts To Munis
Democrats would slash municipal aid, allow casino, legalize pot By Keith M. Phaneuf ctmirror.com Hartford: House and Senate Democrats Tuesday…
Senate GOP Not Ready To Share CT Budget Fix With The Public
By Keith M. Phaneuf ctmiror.com Another question of public access arose Monday in the struggle to balance the next state budget. While Gov. Dannel P.…
Demcrats Divided On New Taxes - Speaker In, Governor Out, Majority Leader…
Speaker Aresimowitz [L], won't rule out new taxes, including on the "wealthy", Majority Leader Ritter, new taxes haven't pulled in the anticipated…
Business New Haven December/January '16 '17
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