Spectrum Pharmaceuticals Starts Phase 3 Trial

Spectrum Pharmaceuticals Starts Phase 3 Trial

Spectrum Pharmaceuticals a developer of hematology and oncology treatments, said Monday it has enrolled the first patient in a phase 3 trial of Qapzola, a tumor-activated drug being investigated for low- and intermediate-risk non-muscle invasive bladder cancer. Spectrum said the trial will evaluate the intravesical use, or injection directly into the bladder, of Qapzola in patients with non-muscle invasive bladder cancer. Spectrum said there are no approved drugs for low-to-intermediate […]

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Cambrex Q2 Earnings Meet Views as Revenues Miss

Cambrex Q2 Earnings Meet Views as Revenues Miss

Cambrex reported Friday mixed results for Q2 while increasing its adjusted earnings per share guidance for the year. Q2 adjusted EPS was $0.76, up from last year’s $0.68, matching the Capital IQ consensus. Revenues grew 13% year-over-year to $134.6 million and were shy of the $136.8 million estimate. For the year, the company still expects revenues to grow 7% – 11%, but it increased its adjusted EPS guidance to a […]

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Party City Buys Stake in Print Appeal

Party City Buys Stake in Print Appeal

Party City Holdco, a vertically integrated party goods company in North America, said it has acquired a 60% interest in Print Appeal, a privately held maker and wholesaler of printed personalized products, based in Dallas, for $2.8 million. Party City has agreed to buy the remaining interest over the next four to five years. “The acquisition of Print Appeal gives Party City vertical entry into a large and highly fragmented […]

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LyondellBasell to Build Plant in Houston

LyondellBasell to Build Plant in Houston

LyondellBasell said pre-market Friday it will construct a propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area in Texas, which is expected to cost about $2.4 billion and represents the company’s single-largest capital investment to date. At the peak of construction, the project which is billed as the world’s largest PO and TBA plant, is slated to employ up to 2,500 jobs with about 160 permanent […]

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Integrated Electrical Services Acquires 80% Stake In NEXT Electric

Integrated Electrical Services Acquires 80% Stake In NEXT Electric

Integrated Electrical Services, a holding company for industrial infrastructure service providers, said it has acquired 80% of the membership interests in NEXT Electric, a Milwaukee, Wisconsin-based electrical contractor. NEXT Electric specializes in the design, installation and maintenance of electrical systems for commercial, industrial, healthcare, water treatment and education markets. NEXT’s management team, led by President Chris Surges, has chosen to reinvest its entire ownership interest and will collectively retain 20% […]

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