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Technology

Avara completes acquisition of GSK facility in S. Carolina

John Stearns |

Norwalk-based Avara Pharmaceutical Services said it has completed its acquisition of a GlaxoSmithKline (GSK) consumer healthcare manufacturing facility in Aiken, S.C.

Arvinas raises $55M to advance cancer drugs

John Stearns |

New Haven biotech company Arvinas LLC, which is creating a new class of cancer drugs based on protein degradation, said Wednesday it has raised $55 million.

Glastonbury fintech moves to larger office, plans expanded workforce

Joe Cooper |

Glastonbury digital payments provider Payrailz announced Tuesday it has moved headquarters to a larger office in response to the company's recent growth.

Infosys to test Connecticut's tech talent pipeline

Matt Pilon |

State officials and employers alike cheered last month as Indian IT giant Infosys announced plans to hire 1,000 information technology employees in Hartford by 2022.

CT Children's CEO named to Mass. biotech company's board

Joe Cooper |

Connecticut Children's Medical Center CEO James Shmerling has been named to the board of directors of a Mass. biotechnology company that his hospital recently bought a stake in.

UConn, Cadenza launch battery-tech research partnership

Matt Pilon |

A Wilton-based battery technology designer, Cadenza Innovation, has inked a $700,000 three-year partnership with UConn energy researchers.

Scammers target CT's web-sales crackdown

Matt Pilon |

Scammers are using a recent crackdown by the Department of Revenue Services on those who haven't paid the state use tax on their internet purchases to try to trick Connecticut residents into sending...

Atlantic Data Security to merge with Mass. cyber security company

Joe Cooper |

East Hartford-based Atlantic Data Security agreed Tuesday to merge with a Massachusetts cybersecurity company for an undisclosed amount.

Trade fights loom over G20 meeting in Argentina

CNNMONEY |

Frictions over global trade are likely to escalate as finance chiefs of the Group of 20 nations arrive in Buenos Aires on Monday.

Caterpillar could cut nearly 900 jobs

CNNMONEY |

Caterpillar (CAT) could eliminate nearly 900 jobs in the US and Central America, the company said on Friday.

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