Tutor Perini Wins $72 Million Contract

Tutor Perini Wins $72 Million Contract

Tutor Perini, a construction company offering general contracting, construction management and design-build services, said Monday that its subsidiary, Tutor Perini Building Corp., has been selected as the general contractor and has signed a contract with Metropica Development, LLC, valued at $72 million to construct the first of eight residential towers at Metropica, located at 1800 NW 136th Avenue in Sunrise, Florida. The scope of work for the project includes construction […]

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Net Element in Deal to Introduce Payment Acceptance Services for ReservHotel

Net Element in Deal to Introduce Payment Acceptance Services for ReservHotel

Net Element shares were up more than 3% pre-bell after the provider of global mobile payment technology solutions, said early Friday its subsidiary Unified Payments signed a deal to launch payment acceptance services for ReservHotel, a provider of travel distribution and booking solutions for hotels worldwide. ReservHotel is a travel distribution and booking solutions company that offers a Global Distribution System, which connects with more than 500,000 travel agencies around […]

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Shake Shack Appoints Zach Koff as COO

Shake Shack Appoints Zach Koff as COO

Shake Shack, operator of roadside burger stands, appointed Zach Koff to serve as the company’s first chief operating officer. Koff has been leading operations at Shake Shack since the fourth Shack opened in Miami Beach, FL. The company also announced that Jeff Uttz will retire as chief financial officer in 2017. Uttz will remain in his current role through mid-March to oversee the company’s fiscal 2016 reporting period. The company […]

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Pacific Biosciences of California Secures Order For Five Additional Instruments

Pacific Biosciences of California Secures Order For Five Additional Instruments

Pacific Biosciences of California shares gained almost 4% pre-market after the genetic sequencing systems developer said GrandOmics Biosciences of Beijing has agreed to purchase five additional Sequel instruments. The instruments will support China’s precision medicine initiative, the company said, with a specific focus on providing the genetic diagnosis of inherited diseases. GrandOmics will acquire the systems through its subsidiary NextOmics in Wuhan, Pacific Biosciences said. The company was one of […]

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Abeona Therapeutics Gets EU Orphan Drug Designation

Abeona Therapeutics Gets EU Orphan Drug Designation

Abeona Therapeutics said Tuesday it has received orphan drug designation for its ABO-201 program (AAV-CLN3) from the European Medicines Agency (EMA). ABO-201 is the AAV-based single intravenous gene therapy program for juvenile Batten disease, a fatal lysosomal storage disease of the nervous system caused by autosomal-recessive mutations in the CLN3 gene. “Receiving European Union (EU) orphan drug designation for ABO-201 provides Abeona certain benefits and incentives, including marketing exclusivity, that […]

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