Salmonics, which is based at TechPlace at Brunswick Landing, will concentrate on developing biomedical products for research, diagnostic purposes and human and veterinary medicine.
PhytoSmart Inc., based at the TechPlace business incubator, will become a wholly owned subsidiary of Cellana Inc. after the deal, which does not require regulatory or shareholder approvals.
While Maine’s midcoast and Downeast regions are often defined by the fishing and tourism industries, they are also notable for a broader range of small businesses and startups.
After facing criticism related to a recent spill of toxic firefighting foam at Brunswick Executive Airport, Kristine Logan has resigned as executive director of the Midcoast Regional Redevelopment Authority.
Even during good times, early-stage life sciences and biohealth businesses in Maine frequently have to work harder than their peers in bigger markets to woo investors.
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