Washington University in St. Louis spent $696 million on research and development in all fields in fiscal year 2010, putting the university at No. 19 in research and development spending on ... Read More
Express Scripts closed on its $29.1 billion acquisition of Medco Health Solutions today, the company announced shortly after 7 a.m. The deal creates the largest pharmacy benefits manager in the U.S., with about $100 billion in annual revenue. First announced in July 2011, the acquisition was approved by shareholders in December but was held up by antitrust concerns. ... Read More
Sigma-Aldrich Corp. acquired Cleveland-based Research Organics Inc. to expand the company’s buffer production capacity and increase its portfolio of pharmaceutical grade raw materials for the biopharmaceutical and diagnostic markets, the St. Louis Business Journal reports. Financial terms of the deal were not disclosed. ... Read More
Great Plains Energy Inc. and American Electric Power have formed a company that will build and invest in transmission infrastructure, the companies announced Wednesday. The new company will be called Transource EnergySM LLC. Kansas City-based Great Plains owns 13.5 percent; AEP owns the rest. Great Plains said the partnership would put it in a good position to compete in the emerging competitive transmission market. ... Read More
Fifteen area companies are among 43 total companies that will present to venture capitalists, corporate and private investors and investment bankers today at the 13th Annual InvestMidwest Venture Capital Forum in ... Read More
Corning plans to pay roughly $730 million in cash to acquire the bulk of Becton Dickinson's lab-products business, snapping up a portfolio it said would significantly increase its presence in the life-sciences market. ... Read More
Missouri Gov. Jay Nixon says his administration has signed a trade agreement with the state of Sao Paulo, Brazil. Nixon told reporters in a conference call from Brazil on Monday that ... Read More
Ameren Missouri Forms an Alliance with Westinghouse Electric to Apply for Department of Energy Small Modular Nuclear Reactor Investment Funds Ameren Missouri, a utility company of Ameren Corporation, announced it has ... Read More
The IBEW/NECA Electrical Industry Training Center in St. Louis is the first in Missouri to offer an Electric Vehicle Infrastructure Training Program (EVITP). The Electrical Connection, a partnership of the International ... Read More
For the fourth time in five years, Commerce Bank topped the J.D. Power and Associates U.S. Retail Banking Satisfaction Study in the Midwest Region. With a score of 801 on a ... Read More