Histogenics Corporation receives payment
Histogenics Corporation, of Waltham, a leader in the development of restorative cell therapies that may offer rapid-onset pain relief and restored function, announced that it has received the $10 million up-front payment from MEDINET Co. under the previously announced agreement for the development and commercialization of NeoCart for the Japanese market. Per the terms of the agreement, the up-front payment was due within ten days of entering into the agreement. Histogenics and MEDINET announced entering into the agreement in December 2017, which included up to $87 million in total milestones and tiered royalties on sales and a goal of commercializing NeoCart in Japan in 2021, if approved.
ARS Restoration Specialists announces seminar
ARS Restoration Specialists, of Newton, providers of 24/7 emergency disaster restoration and reconstruction services for residential and commercial properties, recently announced that the company will host a live crisis management training seminar on Jan. 24 at Granite Links Country Club, 100 Quarry Hill Drive, Quincy. Conducted in partnership with Render Safe Consultants, experts in situational awareness training for the workplace, the event will provide property professionals across education, residential and office facilities with an emergency action plan that can be deployed in case of an active shooter situation. Two sessions will be offered, both morning and afternoon, and run for a total of two hours with meal included. The first session will take place at 9:30 a.m. with breakfast; the second session will take place at 11:30 a.m. For information: http://arsserve.com. The ARS Crisis Management Training seminar is open to the public. There is no cost for ARS Priority Service Clients; all other guests are $75. To register: http://arsserve.com/crisis-management-training.
Johnson Compounding to host free lecture
Johnson Compounding & Wellness will host a free lecture titled “Understanding Inflammation: From Leaky Gut to Heart Disease,” featuring pharmacist and naturopath Gary Kracoff from 7 to 8:30 p.m. Jan. 23 at Johnson Compounding & Wellness, 577 Main St., Waltham. He will discuss the link between inflammation and common health conditions and explain the various circumstances where inflammation can be helpful or harmful. He will provide natural lifestyle habits and diet changes that can keep the body balanced. To register: http://naturalcompounder.com.
Spencer Technologies finalizes acquisition
Spencer Technologies, of Northborough, the market leader in managed retail technology projects and deployments, recently announced it has finalized the acquisition of Certified Retail Solutions, a global service integrator of end-to-end information technology life cycle solutions for the retail and hospitality industries. The acquisition is one element of Spencer’s strategy to broaden its capabilities and provide an integrated set of services to an expanded customer base. With the acquisition, Spencer will integrate Certified Retail Solutions’ capabilities with its existing offerings to strengthen the company retail technology, full life cycle services of staging, configuring, deploying and on-site repair services. The company now offers an expanded range of client specific managed solutions and a concierge-level approach that allow retailers to focus on their core competencies in an evolving retail marketplace. Spencer can manage the engagement and delivery of hardware, including single source procurement of equipment, staging, imaging and configuration, kitting and logistics and on-site installation services. Once installed, Spencer takes full ownership of the in-store support capabilities, including providing level one and level two help desk services, on-site maintenance or break/fix repairs throughout the life cycle of the product reducing field failures, downtime, and store interruption. These strategies free up resources, reduce waste and deliver new cost efficiencies that are bringing revenues back to retailers.