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U.Va. receives $27.5M gift for democracy projects
John L. Nau III, president and CEO of Silver Eagle Distributors LP, the largest Anheuser-Busch beer distributor in the country, has donated $27.5 million to the University of Virginia’s new Democracy Initiative at the College and Graduate School of Arts & Sciences, the university announced Wednesday. The Nau Foundation[...]
Snagajob names chief revenue officer
Glen Allen-based hourly online staffing platform Snagajob announced Tuesday it has named Brian Schmidt as its chief revenue officer. In his new role, he will lead business growth and expansion efforts. Schmidt most recently led global sales and operations at online travel company Tripadvisor Inc. He also previously worked at Goo[...]
Trump administration chooses RVA pharma startup for $354M COVID-19 contract
Richmond-based drug manufacturing company Phlow Corp., which incorporated this year, announced Tuesday that the Trump administration has awarded it a $354 million, four-year contract to manufacture in the U.S. generic medicines and pharmaceutical ingredients needed to treat COVID-19, creating an American supply chain for medical[...]
Prince George medical building sells for $3.85M
The OrthoVirginia building in Prince George County has sold for $3.85 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Thursday. Located at 4710 Puddledock Road, the 11,172-square foot building is 100% occupied by OrthoVirginia, an independent group practice of orthopedic su[...]
Mechanicsville medical building sells for $2.1M
The Virginia Cancer Institute building in Hanover County’s Mechanicsville area has sold for $2.1 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Thursday. Located at 7501 Right Fork Road, the 8,100-square-foot building is 100% occupied by the Virginia Cancer Institute[...]
Reopening will be delayed in Richmond, Accomack County
The city of Richmond and Accomack County, the Eastern Shore locality that has seen COVID-19 outbreaks in its poultry plants, will not enter Phase One of Gov. Ralph Northam’s “Forward Virginia” reopening plan Friday. Like Northern Virginia, the localities will wait two weeks until May 29. The governor’s announcement comes after Richmond Mayor Levar Stoney […]
Health accelerator program coming to Richmond
Richmond-based seed-stage accelerator Lighthouse Labs is partnering with the Health Innovation Consortium (HIC) to start a health-focused startup accelerator program in Virginia, the groups announced Thursday. Virginia Commonwealth University, VCU Health and Richmond-based nonprofit Activation Capital created HIC, which launched in January 2019 to bring health care ideas to the market. “Health systems, particularly academic [&hellip[...]
Mayor: Richmond may not join Phase One reopening unless state provides more support
Update, May 14 at 6:15 p.m.: Gov. Ralph Northam announced that the city of Richmond and Accomack County will delay Phase One of the reopening plan by two weeks, joining localities in Northern Virginia. Earlier: Richmond Mayor Levar Stoney has said that the city may not join Gov. Ralph Northam’s Phase One reopening plan on[...]
U.Va. research to inform COVID-19 drug treatment
The University of Virginia School of Medicine announced Tuesday that results from a 2019 U.Va. study are being used to inform a national study looking into the effectiveness of the antidepressant medication fluvoxamine as a potential treatment for COVID-19. Researchers at Washington University School of Medicine in St. Louis say the drug may prevent dangerous […]
Richmond pharmaceutical company expands into Canada
Richmond-based pharmaceutical company Kaléo announced Wednesday it is expanding its market to Canada, offering its epinephrine auto-injector Allerject. The product used to treat severe allergic reactions will be available in pharmacies across Canada starting May 19. In response to a shortage of EpiPen in Canada in 2018, Kaléo’s original epinephrine auto-injector Auvi-Q was available in […][...]
Adding some color to crisis
Richmond artist Noah Scalin was commissioned by Richmond-based advertising company The Martin Agency to create an art installation, released Tuesday, announcing Old Navy’s donation of $30 million worth of clothing to families in need during the pandemic. Known for creating large-scale pieces made from ordinary items, as [...]
VCU tests third COVID-19 drug, this time targeting inflammation
Researchers at VCU Health now are conducting trials on a third drug to help treat COVID-19, a medication that suppresses inflammation in people with a type of juvenile arthritis. Canakinumab is already approved by the U.S. Food and Drug Administration for use in arthritis patients, but a new study — launched April 29 at VCU [&[...]
