Baltimore Business Journal articles from June 2001

Baltimore Business Journal archives from June 2001

Grounded.(Oxford Capital Management)(Brief Article)
June 1, 2001... Companies cutting back on travel John G. Danz Jr. prefers to do business with a handshake and a smile. But these days, Danz, the president of Oxford Capital Management, is managing more pensions through the more impersonal and...

Real estate slowdown hits area suburbs.(Maryland)(Brief Article)(Statistical Data Included)
June 1, 2001... MIE Properties Inc. is still hosting its much talked-about fishing trips. MacKenzie Commercial Real Estate Services LLC is still throwing its "fun, food and flight" bash showcasing the Blue Angels darting over Annapolis. And Whitehall...

MedStar sues Md. over regs.(new regulations about which hospitals allowed to have cardiac surgery)(Brief Article)
June 1, 2001... Maryland's largest health system is suing the state to stop more hospitals from performing open-heart surgery. Columbia-based MedStar Health, which owns seven hospitals in Maryland and Washington, D.C., filed a lawsuit in Howard County...

Hospitals recruiting overseas.(Brief Article)
June 1, 2001... Still desperate for nurses, area hospitals and long-term care facilities are increasingly looking to other countries for a new crop of recruits. With many nurses leaving the profession and nursing programs attracting fewer students, local...

Bank moving to Nasdaq.(Brief Article)
June 1, 2001... Glen Burnie Bancorp, the holding company for The Bank of Glen Burnie, has been approved to have its common stock traded on the Nasdaq Small Cap Market The company's stock previously traded on the over-the-counter bulletin board, where it most...

Hatfield steps down at UB.(John D. Hatfield; University of Baltimore's Merrick School of Business)(Brief Article)
June 1, 2001... John D. Hatfield resigned as the dean of the University of Baltimore's Merrick School of Business, a position he held for five years. Hatfield will leave the school June 30 to begin his new job as president and provost of the University of New...

Aether Systems buys back $20M.(securities)(Brief Article)
June 1, 2001... Owings Mills-based Aether Systems Inc. is buying back $20 million in convertible debt, company officials announced. In addition to the buyback, company officials said they remain confident that second quarter revenues will be $37 million and...

Greenberg in deal for Va. property.(Erwin L Greenberg Commercial Corp. )(Brief Article)(Statistical Data Included)
June 1, 2001... Baltimore real estate firm Erwin L Greenberg Commercial Corp. and Prudential Real Estate Investors have purchased the 16-acre Hampton Towne Center in Hampton, Va. Greenberg and Parsippany, N.J.-based Prudential intend to expand the center to...

Groups vie for Fayette Street project.(Baltimore Development Corp. )(Brief Article)
June 1, 2001... Four groups are interested in redeveloping pieces of city-owned land in the Empowerment Zone. The Baltimore Development Corp. received the plans in response to its request for proposals for the properties at 1107-1133 E. Fayette SL, 1100 E....

Campbell wins BWI account.(Baltimore /Washington International Airport)(Brief Article)
June 1, 2001... Baltimore ad agency the Campbell Group was awarded the $10 million advertising account of the Maryland Aviation Authority today. The win gives Campbell agency of record status for the Baltimore /Washington International Airport, the nation's...

Blake back in business.(Norman P. Blake Jr. )(Brief Article)
June 1, 2001... Former USF&G chief Norman P. Blake Jr. has resurfaced, trying to turn around another ailing company. This time it's a technology company called Comdisco Inc. Blake was named president and chief executive officer of the Rosemont, Ill.,...

No track in sight.(Automobile racing )(Brief Article)
June 1, 2001... Automobile racing fans, don't get your motor revving about the prospect of a Baltimore area race track. NASCAR (www.nascar.com), the governing body of one of the world's fastest-growing sports, isn't interested in Baltimore as part of its...

Mervis in B'more.(Brief Article)
June 1, 2001... You know those catchy Mervis Diamond Importers commercials, the ones that one way or another get throngs of Baltimore husbands and husbands-to-be driving to the D.C. suburbs looking for the perfect rock? Soon, Charm City diamond-hunters...

Execs at older firms get fattest paychecks.(100 highest-paid executives in 2000 )(Brief Article)
June 1, 2001... Forget about making your fortune in the tech world. In Greater Baltimore, fortune can be found in good old stocks, bonds -- and tools. The 10 highest-paid executives on the Business Journal's List [see List, page 14] of the 100 highest-paid...

Harford company sues Utah competitor.(Nutramax Laboratories )(Brief Article)
June 1, 2001... Nutramax Laboratories Inc., a Harford County pharmaceutical company, claims a Utah drug manufacturer is using illegal business practices as the two companies compete in the lucrative nutritional supplement market. Nutramax...

Ad agency sets out to prove itself.(Davis Media Group launches Best Western campaign)(Brief Article)
June 1, 2001... Davis Media Group, a small Baltimore agency that scored a coup by winning the $25 million Best Western Hotels account earlier this year, is launching its first television campaign for the client. Officials at the agency say their first...

BACVA sees interest in Baltimore visits grow.(Baltimore Area Convention and Visitors Association)(Brief Article)
June 1, 2001... Call it spring fever, call it luck or call it a marketing strategy that's working. The Baltimore Area Convention and Visitors Association (www.baltimore.org) received a record 2,520 total inquiries on May 8, and has seen an overall...

Picking up the tab.(hotels sponsor scholarship)(Brief Article)
June 1, 2001... General managers at area hotels started a new fund aimed at putting future generations of city youth through college and into the labor-starved hospitality work force. Top managers at the Admiral Feil Inn, Sheraton Inner Harbor, Harbor...

Travel Industry Association of America.(report on travel spending)(Brief Article)(Statistical Data Included)
June 1, 2001... A report from the Travel Industry Association of America (www.tia.org) and The Taubman Co. (www.taubman.com), owner of Marley Station, estimates that Americans spend nearly $40 billion shopping while traveling annually. Specifically, the...

iJet Travel Intelligence.(contract with Passport Health)(Brief Article)
June 1, 2001... iJet Travel Intelligence, an Annapolis company that launched its custom travel reports service in April, has signed on Passport Health. Passport Health is a Baltimore-based franchisor of locations that provide medical screenings,...

Maryland.com.(Fast and Associates to develop marketing campaign)(Brief Article)
June 1, 2001... Maryland.com hired Columbia advertising agency Fast and Associates Inc. to promote its "Virtually Everything Maryland" Web site and accompanying business locator directory to businesses in the region. The agency will be producing collateral...

Legg building reputation as asset manager.(Legg Mason to acquire Private Capital Management L.P.)(Brief Article)
June 1, 2001... Legg Mason Inc. proved again this week that it is an "asset manager in broker's clothes," as described by one Merrill Lynch & Co. stock analyst. May 29, Legg Mason (www.leggmason.com) announced it was buying Private Capital Management LP,...

Scholarship started.(Ellin and Tucker)(Brief Article)
June 1, 2001... Accounting firm Ellin & Tucker, Chartered (www.etnet.com) has started a scholarship fund that will help more students get accounting degrees. The scholarship was named The Lester Ellin Scholarship Fund in memory of Lester Ellin, the firm's...

The Columbia Bank.(new marketing strategy)(Brief Article)
June 1, 2001... The Columbia Bank (www.columbiabank.com) has been using a soft-sell approach with its recent cold calls on prospective commercial customers. On sales calls, executives from three of the bank's branches are handing out baseballs along with...

Annapolis National Bancorp Inc.(changes name to Annapolis Bancorp Inc.)(Brief Article)
June 1, 2001... Shareholders of Annapolis National Bancorp Inc. (www.bankannapolis.com) have approved the change of its name to Annapolis Bancorp Inc. Shareholders approved the name change at the banks annual meeting earlier this month. The bank...

McLean, Koehler, Sparks & Hammond.(acquires Kohr, Vespa and Associates Inc.)(Brief Article)
June 1, 2001... The accounting firm of McLean, Koehler, Sparks & Hammond bought Kohr, Vespa and Associates Inc., a Columbia financial advisory firm. Kohr, Vespa is changing its name to Evergreen.cfo LLC and will become an affiliate of Evergreen Capital...

Credit Management Solutions Inc.(merger with First American Corp. of Santa Ana)(Brief Article)
June 1, 2001... Shareholders of Credit Management Solutions Inc., an Annapolis Junction company that makes software that helps in approving credit applications, approved the company's merger with The First American Corp. of Santa Ana, Calif. More than 2.27...

Newly hip Hampden attracting businesses.(Hampden, Maryland)(Brief Article)
June 1, 2001... Hampden is becoming the place to be. That's right, hon. A growing number of new and existing businesses are moving to the nowhip northern Baltimore City neighborhood, which is part of the national Main Street revitalization program. ...

Remington lot sold.(Un Kim acquires land)(Brief Article)
June 1, 2001... Marenberg Enterprises Inc., a Baltimore real estate firm, has the controversial slice of land behind the Papermoon Diner in Baltimore City's Remington neighborhood under contract. The company, which-specializes in residential development,...

Tide Point filling up.(Struever Brothers Eccles and Rouse Inc. sign leases)(Brief Article)
June 1, 2001... Struever Bros. Eccles & Rouse Inc., a Baltimore development firm, has signed six new tenants to. its Tide Point office complex in Baltimore City's Locust Point. Combined, the deals are for 46,800 square feet The Board of Child Care has...

Denver laser eye company scouting local sites.(in Maryland)(Brief Article)
June 1, 2001... Just when you think the buzz about laser vision surgery is dying down, a growing national company is eyeing Baltimore as the starting point for its Mid-Atlantic expansion. ClearVision, a Denver laser vision company, opened its third...

Senator lobbies for delay.(Larry Craig)(Abstract)
June 1, 2001... An Idaho Senator is trying to buy the nation's health care industry 360 days. Sen. Larry Craig, an Idaho Republican, has introduced a bill that would postpone by one year the deadline for health care organizations to comply with the new...

Virco Laboratories Inc.(closes is Alpha Center incubator in Baltimore, Maryland)(Brief Article)
June 1, 2001... Virco Laboratories Inc. (www.vircolab.com), a bioinformatics company for the diagnosis and management of diseases, has closed its office in the Alpha Center incubator in Baltimore to consolidate operations with its headquarters in Rockville....

Martek Biosciences Corp.(joins Torrey Research Institute)(Brief Article)
June 1, 2001... Martek Biosciences Corp. (www.marketbio.com), a publicly traded biotechnology company based in Columbia, has joined the Torrey Mesa Research Institute to research and develop the characteristics of genes from microalgae. The project will...

Anne Arundel Medical Center.(marketing itself to attract nursing staff)(Brief Article)(Statistical Data Included)
June 1, 2001... Anne Arundel Medical Center attracted about 200 prospective nurses for a tour of its new acute-care hospital May 23 in an effort to attract additional nurses to its staff. The hospital also is marketing itself in Nursing Spectrum...

Region nabs share of venture capital.(Brief Article)(Statistical Data Included)
June 1, 2001... Venture-backed companies across the nation suffered in the first quarter of 2001, but local companies were among the most heavily supported. Baltimore-Washington metro area companies received the sixth-highest investment amount for the past...

Gainers & Losers.(Brief Article)
June 1, 2001... Legg Mason keeps growing and growing. As this investment house goes farther afield to build its assets, let's hope its roots stay in Baltimore. Charles Street The Queen Anne Belvedere Residences open on Baltimore's Main Street, perhaps...

Wireless market growing.(Brief Article)(Statistical Data Included)
June 1, 2001... The demand for wireless service is far from slowing, according to the latest data collected by the Telecommunications Industry Association. The overall wireless market -- including equipment and service -- is expected to grow almost 15...

Arinc in Newark airport.(Arinc sells service to Newark International Airport)(Brief Article)
June 1, 2001... Annapolis-based Arinc Inc. (www.arinc.com), a developer of communications and information systems for the aviation and transportation industries, sold its wireless dispatching service to Newark International Airport for an undisclosed amount,...

Venture money getting tighter.(Brief Article)
June 1, 2001... New investment market 'as slow as it has been in eight years' The language of venture capitalists these days goes like this: They are "triaging" their investments, "baby-sitting" their portfolio companies and "pre-money valuations are...

Stock Snapshot: TeleCommunications Systems Inc.(Brief Article)(Statistical Data Included)
June 1, 2001... NASDAQ: TSYS TeleCommunication Systems Inc., a developer of wireless applications, raised close to $80 million with its initial public offering Aug. 8, 2000. Since then, the company's stock price has taken a hit like most of its peers...

AppReach, Aether in deal.(AppReach to use Aether's ScoutWare and Aether Intelligent Messaging software to build a new suite of software applications)(Brief Article)
June 1, 2001... Baltimore-based AppReach Inc. (www.appreach.com) and Owings Mills based Aether Systems Inc. (www.aethersystems.com) announced a deal that allows AppReach to use Aether's ScoutWare and Aether Intelligent Messaging software to build a new suite...

Steven Fisher.(interview with CEO of AppSolve)(Brief Article)
June 1, 2001... AppSolve BBJ: Where did you get the idea for your business? Fisher: I was working with companies and noticed a major disconnect between the marketing and engineering function. This is primarily the product manager's responsibility but...

100 highest-paid executives [1] in the Baltimore area.(Statistical Data Included)
June 1, 2001... 100 highest-paid executives [1] in the Baltimore area (Ranked by cash compensation -- salary and bonus -- for FY 2000) Rank/ Name ...

People.(includes, Clifton Gunderson L.L.P.,James P. Schonleber appointment)(Brief Article)
June 1, 2001... The People section publicizes management-level hirings and promotions of area businesspeople. We also publicize elections to nonprofit and charitable organizations. We do not run professional certifications or designations. Send announcements...

Target Logistics Inc.(Brief Article)(Company Profile)
June 1, 2001... 112 E. 25th St./ Baltimore, 21218/(410)338-0127/www.targetlogistics.com Corporate profile Target Logistics Inc., through its Compton, Calif.-based subsidiary Target Logistic Services Inc., provides freight forwarding and a full range...

Small Businesses to be exempted from lawsuits.(superfund cleanup cost liability)(Brief Article)
June 1, 2001... The House Energy and Commerce Committee unanimously approved a bill that would exempt most small businesses from liability for cleanup costs at Superfund sites. Under Superfund's "joint and several" liability system, small businesses that...

Public: Small business has little power in D.C.(survey results)(Brief Article)(Polling Data)(Statistical Data Included)
June 1, 2001... A new Harris Poll shows that 88 percent of Americans believe small business has too little power and influence in Washington, D.C Big companies, on the other hand, have too much power, according to 86 percent of the 1,004 adults surveyed by...

Small businesses to push faster estate tax repeal.(Brief Article)
June 1, 2001... There will be life after death tax repeal for small business lobbyists ho want to free family-owned businesses from the estate tax. Once Congress passes the current tax cut package, small business groups will begin working on speeding up...

Avoiding costly litigation.(techniques for small businesses)(Brief Article)
June 1, 2001... Experts: Ward off employee lawsuits through prevention Local attorneys and human resource professionals have one word to describe how small businesses can protect themselves from litigation such as sexual harassment and racial...

Shop Talk: How do you reach prospective customers in a cost-effective way?(Marley Station, Iphotonics Inc.)(Brief Article)
June 1, 2001... Melissa Teague Marketing Director, Marley Station I Gen Burnie / www.shopmarleystation.com "We utilize permission-based, personalized e-bulletins to reach customers at a minimal cost. Visitors to our Web site can register to receive a...

Build your team's trust.(management techniques)(Brief Article)(Column)
June 1, 2001... Trust is in short supply at work these days. Yet managers sometimes think because they're the boss, trust should be automatically granted. As a manager, you need to build trust among members of your team. So, how do you pull that off? Here...

Deeper canal imperative.(Chesapeake and Delaware Canal)(Brief Article)(Editorial)
June 1, 2001... The Chesapeake & Delaware Canal is much more than a historic footnote or just another scenic Maryland water way. It's still a major shipping artery that helps fuel the state's economy. When the C&D was closed last month because of a tragic...

Asking ad agencies for their help.(Baltimore Business Journal to require agency income verification)(Brief Article)
June 1, 2001... In a newspaper, credibility is everything. So when readers question the credibility of information provided in our newspaper, we take it very seriously. That's why this year we are making some changes in how we do our annual List of...

Put that pessimism aside; times are actually good.(Baltimore, Maryland, economic analysis)(Brief Article)(Column)
June 1, 2001... Businesspeople in the Baltimore region have many reasons to be optimistic, despite the bad news they've been hearing about the rest of the country. There is an upbeat, can-do attitude in the business community that hasn't been evident...

Incubator Companies of the Year Awards.(includes, NeuralStem Biopharmaceuticals Ltd.)(Statistical Data Included)
June 1, 2001... SUPPLEMENT TO THE BALTIMORE BUSINESS JOURNAL NeuralStem Biopharmaceuticals Ltd. CEO: Richard Garr Incubator: Technology Advancement Program, University af Maryland, College Park Funding to date: $19 million 2001 revenues:...

Taking Stock.(May 30, 2001 stock prices)(Brief Article)(Illustration)(Statistical Data Included)
June 1, 2001... The BBJ Index [*] of 90 stocks closed at 1233.622 on May 30, 2001. [Graph omitted] Weekly Gainers & Losers Price Corporation ...

BBJ Tech 25: A glance at Greater Baltimore's leading public technology companies.(Baltimore Business Journal, May 30, 2001 stock prices)(Brief Article)(Illustration)(Statistical Data Included)
June 1, 2001... BBJ Tech 25: A glance at Greater Baltimore's leading public technology companies This Last ...

Venture Corner.(includes, Metastorm Inc. receives second round capital investment)(Brief Article)
June 1, 2001... A Weekly look at business funding deals in the Mid-Atlantic region. * Metastorm Inc. announced it has secured $20 million in a second round capital investment led by UBS Capital Americas II LP with participation from lronside Ventures and...

Schulweis chases tax breaks.(local developer Harvey Schulweis)(Brief Article)
June 8, 2001... Developer considering apartments, garage on News American site Local developer Harvey Schulweis is seeking tax breaks from the city to build hundreds. of apartments, a parking garage and possibly an office tower on the former News American...

Surviving.(USinternetworking Inc. takes on major companies)(Statistical Data Included)
June 8, 2001... USinternetworking takes on industry giants Battling corporate behemoths might scare some companies, but USinternetworking Inc. isn't phased by the big names. The Annapolis-based application service provider (ASP), which leases software...

BCCC eyes theater property.(Baltimore City Community College)(Brief Article)
June 8, 2001... College may take over vacant Harbor Park Baltimore City Community College is expected to take over the boarded-up Harbor Park movie theater just across from the institution's central downtown location. James D. Tschechtelin, president...

Unemployment rate drops.(Maryland, April)(Brief Article)(Statistical Data Included)
June 8, 2001... Maryland's unemployment rate fell from 3.5 percent in March to 3.3 percent in April, a continuing trend in the state that remained nearly a full percentage point below the declining national rate of 4.2 percent. The withdrawal of workers from...

Losses decrease for Martek.(Martek Biosciences Corp.)(Brief Article)(Statistical Data Included)
June 8, 2001... Martek Biosciences Corp., a Columbia-based biopharmaceutical company, reported a net loss of $3.2 million, or 17 cents a share, for the quarter ended April 30, compared to a net loss of $4.1 million, or 24 cents a share, for the same quarter...

Railworks elects new CEO.(Brief Article)
June 8, 2001... Railworks, a Baltimore-based company that provides products and services to the rail industry, named John Kennedy, 63, chief executive officer. Kennedy was the founder and president of Kennedy Railroad Builders in Harrisburg, Pa., which joined...

State adds more than 5,000 tech jobs.(Maryland, high-technology industry employment)(Brief Article)(Statistical Data Included)
June 8, 2001... Maryland added 5,200 new high-tech jobs in 2000, according to Cyberstates 2001: A State-By-State Overview of the High-Technology Industry. From 1994 to 2000, 27,900 high-tech jobs were created in the state. The area now employs 114,900 people...

FDA to review Guilford drug request.(Food and Drug Administration to review Guilford Pharmaceuticals Inc. brain cancer treatment)(Brief Article)
June 8, 2001... The U.S. Food and Drug Administration will review supplemental new drug application filed by Baltimore-based Guilford Pharmaceuticals Inc. that seeks to make its lead drug, Gliadel, a first-line treatment for brain cancer. Gliadel was approved...

Goodnight Night Goods.(gift store in Baltimore Inner Harbor closes)(Brief Article)
June 8, 2001... Baltimore's Inner Harbor and its tourist attractions may be blossoming, but one of the original tenants of The Gallery at Harborplace has shut its doors. NightGoods, a specialty gift shop that was located in the mall for 14 years, closed...

Bankers: Sarbanes OK.(Paul S. Sarbanes, chairman of Senate Banking, Housing and Urban Affairs Committee)(Brief Article)
June 8, 2001... A familiar face on Capitol Hill will be crafting the next wave of federal banking regulations to effect Maryland's bankers. With the shift of power in the Senate from the Republicans to the Democrats this week, Sen. Paul S. Sarbanes,...

Lord & Taylor exit?(department store may leave Owings Mills Town Center)(Brief Article)
June 8, 2001... Baltimore County could soon have one less department store. That was the buzz around the recent International Council of Shopping Centers convention in Las Vegas. Brokers were already making plans to fill the void that could be left if...

Gainers & Losers.(several Baltimore, Maryland-centered briefs)(Brief Article)
June 8, 2001... Hey, baseball fans.All is not lost. The O's can beat Mike Mussina! * Commuters The City Council is trying to slip this one under our noses. If downtown's parking crunch wasn't bad enough, now we have to pay even more for those same rare...

City hospitals say tax will cost them millions.(Brief Article)(Statistical Data Included)
June 8, 2001... Baltimore City hospitals will pay as much as $4.5 million to the city if its proposed 8 percent energy tax on selected nonprofits is passed next week, according to the state's hospital association. Johns Hopkins, the city's largest...

N.Y. real estate firm joins forces with Miller.(Miller Corporate Real Estate Services and Insignia/ESG Inc. announce strategic alliance)(Brief Article)
June 8, 2001... After trying unsuccessfully to acquire Baltimore's Miller Corporate Real Estate Services, Insignia/ESG Inc., a New York-based commercial real estate firm, is settling for what both companies are calling "a strategic alliance." As a result...

Women's retail chain targets area.(Draper's and Damon's, possible Baltimore locations)(Brief Article)
June 8, 2001... Draper's & Damon's, a California women's apparel retailer, is close to signing deals for three Washington-area sites and is now looking toward Baltimore. Founded in 1927, Irvine, Calif-based Draper's & Damon's has 40 stores -- 37...

Dealership takes rival Antwerpen to court.(Autonation Inc. sues Antwerpen Chevrolet and Edward Gelin)(Brief Article)
June 8, 2001... Autonation Inc., a Florida company that owns a local Fox auto franchise, is suing rival dealership Antwerpen Chevrolet and Edward Gelin, general manager of the dealership, claiming Gelin violated agreements he had with Fox by pillaging Fox's...

Verizon seeking space.(Verizon Wireless to open seven stores in Baltimore-Washington area)(Brief Article)
June 8, 2001... Verizon Wireless is looking for space for its retail concept in the area. The company (www.verizonwireless.com) wants to find suitable locations for seven communications stores it has planned for the Baltimore-Washington corridor. No...

Perryville gains L.L. Bean.(opens factory outlet store at Perryville Prime Outlet)(Brief Article)
June 8, 2001... Camping, outdoor gear and apparel retailer L.L. Bean is set to open its second Factory Outlet Store in Maryland at Prime Outlets at Perryville in Cecil County. The store will be the third L.L. Bean (www.llbean.com) store of 13 in the...

Caribou deals in works.(Caribou Coffee Co.)(Brief Article)
June 8, 2001... On the heels of its recent capital infusion, Caribou Coffee Co. has signed four deals in the Baltimore-Washington market and is near deals for two others. The Minneapolis-based company (www.cariboucoffee.com) also is negotiating an...

The Rouse Co.(makes personnel changes)(Brief Article)
June 8, 2001... The Rouse Co. (www.therousecompany.com) announced a series of management changes and internal promotions at its local properties. Karen M. Geary, a former director of mall services for RCT Systems Inc., is the new general manager at The...

Consumer Electronics Association.(announces Fank and Associates contract)(Brief Article)
June 8, 2001... An Ellicott City marketing communications agency was recently tapped by one of the consumer electronics industry's largest tradeshows to handle marketing responsibilities. The Consumer Electronics Association, organizer of the annual...

Foxglove Design, Flowers & Home and General Nutrition Center.(opens new locations)(Brief Article)
June 8, 2001... Two retailers Foxglove Design, Flowers & Home and General Nutrition Center recently opened locations at Struever Bros. Eccles & Rouse Inc.'s The Can Co. development in Canton.

Erickson spending $350M on Detroit center.(Erickson Retirement Communities)(Brief Article)(Statistical Data Included)
June 8, 2001... Erickson Retirement Communities is at it again. The Catonsville-based senior housing company now plans to spend about $350 million to build a 1,500-unit, 18-building retirement community on 103 acres of land near Detroit. Construction could...

Telemedicine deal.(Visicu Inc. receives University of California-Davis Medical Center contract)(Brief Article)
June 8, 2001... Maybe the idea for a virtual ICU is gaining momentum. Earlier this week, Visicu Inc., the Baltimore-based telemedicine company, joined the University of California-Davis Medical Center in Sacramento to create an intensive care unit that...

Cel-Sci explains.(head, neck, and cervical cancer drug development)(Brief Article)
June 8, 2001... With its stock still hovering around $1.40, Cel-Sci Corp., a Virginia-based biotech firm with its research and development office in Baltimore, felt the need to answer its shareholders' questions and address their concerns. The company...