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VCU physics professor Jason Reed standing with his presentation board on his creation of a microscopic instrument to further optimize manufacturing of its advance system.

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VCU-born nanotech startup wins $2.2m NIH grant

RICHMOND, Va. — Evizia, a company founded and based on technology developed by Jason Reed, Ph.D., a physics professor in the Virginia Commonweal...

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Henrico-based Cupron Performance Additives closes first tranche of Series A financing

Funding will fast-track commercialization of Cupron’s proprietary copper-based technologies for the Personal Care and Hygiene marketplaces RICH...

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Richmond-based pharma firm achieves milestone toward U.S. Epinephrine production

Richmond, Virginia (GLOBE NEWSWIRE) — Phlow Corp., a U.S.-based certified B Corporation on a mission to bring medicines to life through advanced...

Babylon Micro-Farms indoor hydroponic system growing fresh microgreens under LED lights.

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Babylon Micro-Farms expands with new affordable indoor farm

A local indoor farming company is growing its inventory with the unveiling of a new product with a lower price tag. Scott’s Addition-headquart...

Haleon R&D facility in the City of Richmond, Virginia

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Haleon invests $54.2m to expand Richmond R&D facility

RICHMOND, VA — Gov. Glenn Youngkin announced today that Haleon, a leading global consumer health company, will invest $54.2 million to upgrade its r...

A scientist working in a laboratory with various equipment, representing the Richmond-Petersburg pharma effort that secured $4 million in federal funding under the Good Jobs Challenge initiative.

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Richmond-Petersburg pharma effort secures $4m in federal funding

RICHMOND, Va. and PETERSBURG, Va. – Under the leadership of Alliance-member organization J. Sargeant Reynolds Community College (Reynolds), the Al...

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UR faculty awarded $2m for research in the sciences and humanities

Projects focusing on climate change, disease control, and AI recently received funding. Biology professor Laura Runyen-Janecky is counted among the fa...

A ribbon-cutting ceremony at an Amazon facility featuring a group of people in business attire standing in front of the main entrance. Confetti is released as two individuals cut the blue ribbon with Amazon logos.

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Region bolsters key industries and explores new trends in 2024

Company investments, expansions and openings across the region strengthened Greater Richmond’s economy in 2024. The region’s number of internation...

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Owens & Minor to acquire Rotech Healthcare Holdings for $1.36 billion

RICHMOND, Va.–(BUSINESS WIRE)– Owens & Minor, Inc. (“Owens & Minor”) (NYSE: OMI), today announced that it has entered int...

Greater Richmond advanced pharmaceutical manufacturing cluster wins award

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Greater Richmond’s Advanced Pharmaceutical Manufacturing cluster wins 2024 Community Innovation Award

RICHMOND, Va. (April 12, 2024) – Greater Richmond’s Advanced Pharmaceutical Manufacturing cluster received the 2024 Community Innovation: Building...

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