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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., January 15, 2025 – Under the leadership of Alliance-member organization J. Sargeant Reynolds Community ...

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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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VCU’s new Startup Accelerator will propel university research

After years of supporting startups that license inventions created by university researchers, Virginia Commonwealth University’s Office of the Vice ...

Alliance for Building Better Medicine awarded $1 million from National Science Foundation

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National Science Foundation awards $1m to the Alliance for Building Better Medicine

RICHMOND, Va. and PETERSBURG, Va., March. 6, 2024 – The U.S. National Science Foundation has announced that the public and private sector stakeholde...

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Governor eyes “Virginia’s Research Triangle” with $90m investment

RICHMOND, VA – Gov. Glenn Youngkin today announced that Virginia will make a significant investment to launch a biotechnology, life sciences, and ph...

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