Belmond Acquires Luxury Resort Cap Juluca

Belmond Acquires Luxury Resort Cap Juluca

Belmond said early Monday it has agreed to acquire the entirety of Cap Juluca, a 96-key luxury resort on the Caribbean island of Anguilla, British West Indies, for $84.6 million. At the same time, Belmond said it has agreed a 250-year ground lease for property that comprises approximately 167 acres, including approximately 250,000 square feet of additional developable beachfront land. The deal is expected to close by early June. Belmond […]

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Newpark Resources Awarded Two Contracts

Newpark Resources Awarded Two Contracts

Newpark Resources has entered into an agreement with Baker Hughes to provide drilling fluids and related services as part of Baker Hughes’ support of the Greater Enfield project in offshore Western Australia. Work under the contract is expected to begin in late 2017, and generate total revenues of approximately $20 million over a two-year period. The company also announced that it was awarded a three-year contract with Cairn Oil & […]

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Actinium Pharma Gets Clearance in Canada

Actinium Pharma Gets Clearance in Canada

Actinium Pharmaceuticals said pre-market it received clearance from Health Canada to begin a phase 3 trial of Iomab-B at Canadian clinical trial sites. The trial consists of a 150-patient study that will evaluate Iomab-B followed by a hematopoietic stem cell transplant (HSCT) in patients with relapsed or refractory acute myeloid leukemia who are age 55 and above. Iomab-B is intented to prepare and condition patients for HSCT also known as […]

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REGENXBIO to Present Pre-Clinical Data

REGENXBIO to Present Pre-Clinical Data

REGENXBIO said it will present pre-clinical data supporting further clinical research regarding the use of its investigational gene therapy RGX-314 for the treatment of wet age-related macular degeneration. “RGX-314 has the potential to be a one-time treatment for people with wet AMD by delivering high expression of anti-VEGF antibodies through the use of our NAV AAV8 vector. We are pleased to share additional positive preclinical results, which were generated by […]

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Japanese Manufacturing Expands in April

Japanese Manufacturing Expands in April

Japan’s manufacturing sector posted its eighth consecutive month of growth in April as output, new orders and employment rose in the world’s third largest economy, fresh survey data has indicated. The closely-watched Nikkei Japan Manufacturing Purchasing Managers’ Index (PMI), which is seen as a single-figure indicator of manufacturing performance and is based on data from purchasing executives in around 400 industrial companies, posted a reading of 52.7 in April, up […]

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