Business News

Biovail, Alexza develop inhaled mental health treatment

An inhaled mental health drug could appear on the market in the near future under a collaboration announced Wednesday by Biovail Corp. and Alexza Pharmaceuticals. Biovail subsidiary Biovail Labs International SRL ... Read More

SunPower to acquire SunRay for $227 million

U.S. solar-panel manufacturer SunPower has signed an agreement to acquire SunRay Renewable Energy and its existing solar projects for $277 million, both companies announced Thursday. The maker of high-efficiency solar panels ... Read More

Micron buys Numonyx for $1.27 billion

Micron Technology announced late Tuesday that it was acquiring Numonyx Holdings in an all-stock deal worth about $1.27 billion, a move that may help it challenge Samsung and Toshiba. Numonyx, formed ... Read More

LaBarge wins $1M missile warning system contract

LaBarge Inc. has landed contracts valued at $1 million from London-based BAE Systems to make circuit card assemblies for missile warning systems. LaBarge Inc. has landed contracts valued at $1 million ... Read More

Divergence wins $500,000 in grants for crop parasite work

St. Louis biotech firm Divergence Inc. said Tuesday it received two Small Business Innovation Research grants totaling $500,000, along with renewed funding from the National Corn Growers Association, to support its ... Read More

Two Missouri hospitals rank in the top 3 most integrated health care networks

Sisters of Mercy Health System networks took two of the top three spots in a recent rating of the nation’s top 100 most integrated health-care networks. In health analytics firm SDI’s ... Read More

Boehringer Ingelheim to buy Japanese consumer drug producer

German drug company Boehringer Ingelheim is in talks to make Japanese subsidiary SSP Co Ltd (4537.T) wholly-owned in a deal worth more than 30 billion yen ($335 million), the Nikkei newspaper ... Read More

IBM ups efficiency 40 percent for low-cost solar cell formulation

Thin-film solar cells hold the promise of a cheap, renewable energy source that could make fossil fuels obsolete, but thus far the cells’ reliance on rare elements and expensive vacuum deposition ... Read More

Missouri Department of Economic Development designates Springfield location as certified site

The Missouri Department of Economic Development (DED) announced today that a Springfield location has been designated as the state’s second Certified Site. Chosen by DED’s Certified Site team, the site will ... Read More

Crestor approved to fight more heart disease

AstraZeneca won approval Monday to promote its cholesterol fighting drug Crestor for preventing heart disease in a vast new market of people with healthy cholesterol but other heart risks. Crestor won ... Read More