Merck to cut 8,500 jobs will move HQ to Kenilworth, not Summit, as previously announced
In addition to more job cuts — 8,500 this time — the global pharmaceuticals giant is walking away from its plan to relocate to Summit, instead saying it will move its headquarters to its Kenilworth operations, on Galloping Hill Road.The new downsizing plan is expected to save Merck another $2.5 billion by the end of […]
What you #8212 and your employees #8212 need to know about the Affordable Care Act
Starting Oct. 1, three health insurance companies will be competing for new customers on New Jersey’s exchange, known as the Marketplace. Once the pricing comes out — expected next week — your employees will be looking to you to see what happens to their coverage. Will you start providing insurance to your employees? Will you […]
Lipitor trial manager will speak at Rutgers entrepreneurship conference
Rutgers University is hosting a free conference for entrepreneurs Oct. 16 to connect startups with investors, government agencies and other emerging businesses.
BioNJ prepares CEO summit to explore key issues to industry
BioNJ, a trade group supporting New Jersey's biotech cluster, is holding its first annual CEO summit Friday, inviting leaders of the state's life science companies to address the state of the industry.
Proterro announces engineering VP
Ewing-based biofeedstock company Proterro announced Friday it has appointed Timothy Cooper vice president of engineering. Cooper previously was responsible for Eastman Chemical Co.'s biotechnology effort, managing genetic engineering and fermentation development programs, and driving generation of intellectual property.
PeriGen announces chief nursing officer
Princeton-based clinical decision support company PeriGen announced today Rebecca Cypher has been appointed chief nursing officer. Cypher is a perinatal nurse practitioner with 25 years' civilian and military experience.
FTC clears Actavis acquisition of Warner Chilcott
Parsippany-based specialty pharmaceutical company Actavis announced Friday the Federal Trade Commission approved the acquisition of Warner Chilcott by Actavis. The vote in support of the transaction follows Actavis' agreement to a proposed consent order, pursuant to which Actavis has agreed to divest certain products as a condition to obtaining...
Affordable Care Act killed their first business idea, but inspired a new one
Obamacare killed the first business idea David Goldstein and Clark Lagemann had.
Companies must learn to adapt to technologically empowered consumer base
Better informed and technologically empowered consumers are transforming health care, a trend that will reward companies most adaptive to this change in the era of the Affordable Care Act, a Johnson and Johnson executive told gathers at a New Jersey Technology Council breakfast today.
JAG Physical Therapy renews partnership with Red Bulls
Harrison-based JAG Physical Therapy announced Thursday it has renewed its partnership with the professional soccer team the New York Red Bulls. JAG will remain the official physical therapy provider of the Red Bulls Academy and Training Programs.
Cooper and MD Anderson Cancer Center to open 100M facility
Camden-based Cooper University Health announced Thursday its partnership with Texas-based MD Anderson Cancer Center. The agreement creates the $100 million MD Anderson Cancer Center at Cooper in Camden, expected to open October 7.
Hurel hopes grant program spurs innovation of its cell-based technology
North Brunswick biotech Hurel Corp. is launching a grant program — with a commitment of up to $150,000 in its own money — to spur innovation of its cell-based technologies used in pharmaceutical and industrial toxicological research.