BUSINESS
Gus G. Sentementes | May 18, 2012
A Columbia-based biotechnology company said this week it received the world's first government approval to market a stem cell drug , in Canada. Osiris Therapeutics, founded in 1992, spent 17 years developing a stem cell therapy that offers anti-inflammatory and tissue-regeneration properties. The first treatment it has received approval for this week will help treat children who've received bone marrow transplants that their bodies have rejected. The condition, known as acute graft-versus-host disease, or GvHD, is fatal to 80 percent of the children who contract it, the company said. C. Randal Mills, president and CEO of Osiris, said in a conference call Friday morning that the company has spent the past eight years navigating clinical trials and regulatory paperwork in a mission to be the first approved stem cell treatment in the world. “During the past eight years, we have not wavered from that mission,” Mills said.
NEWS
By Edward Gunts, The Baltimore Sun | May 17, 2012
The master developer of Columbia's Town Center aims to begin construction by early next year on a $100 million apartment and retail complex, the area's first new housing in a decade. The Metropolitan Downtown Columbia will be a six-story, 380-unit development that the Howard Hughes Corp. plans to build in a joint venture with Kettler of McLean, Va., and Orchard Development of Ellicott City, on land next to The Mall in Columbia. Rents are expected to range from $1,600 a month for a one-bedroom apartment to $2,800 for a three-bedroom unit — making them among the highest in the region.
NEWS
By Janene Holzberg, Special to The Baltimore Sun | May 14, 2012
When Ross Kennard gets ready to go for a run in his hilly Ellicott City neighborhood, he slips on special shoes that resemble mesh gloves. Each toe has its own slot with a thin rubber underside, and the shoe's overall design offers no arch support and little padding. These "barefoot shoes" will play an integral role in the Columbia Triathlon next weekend for Kennard, 53, when he tries something new in his ninth competition. He will do both the running and biking portions of the race in the special footwear, which is akin to wearing no shoes at all. The Severna Park chiropractor is part of the minimalist running movement, whose followers seek to avoid injury by running more naturally, like the barefoot Kenyan Olympians do, he said.
EXPLORE
May 10, 2012
These groups meet regularly. Adams, Hannah Moore Memorial Post 156, American Legion - Third Thursday, 7 p.m. VFW Post 7472, 4225 VFW Lane, Ellicott City. Keith Jones, post 156 commander, s_keith_jones@hotmail.com or 410-868-8802; John Horan, post adjutant, repairguy9052@comcast.net or 410-696-2343; or post156@yahoo.com . Central Maryland User Group for Windows - Third Wednesday, 7:30 p.m. East Columbia Branch library. 301-774-0331 or http://www.myCMUG.org . Columbia Knitting Group - Third Monday, 7 p.m. Panera Bread, 6345 Dobbin Road, Columbia.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | May 7, 2012
Corporate Office Properties Trust said Monday that it had sold two office buildings and land in Rockville for about $48.7 million, part of the Columbia-based real estate investment trust's strategy of selling off non-core assets. COPT, which develops, owns and manages office buildings primarily for government agencies and contractors in the defense information sector, has sold $116.9 million worth of properties and land since the beginning of the year. Since last April, the company has been selling suburban office buildings to focus on high-security offices for defense tenants.
NEWS
By Peter Hermann, The Baltimore Sun | May 5, 2012
Howard County firefighters took 15 minutes to extinguish a fire in a garden-style apartment in Columbia on Saturday afternoon, according to authorities. The fire was reported about 12:40 p.m. in a third story apartment in the 6000 block of Majors Lane. Several occupants got out safely before firefighters arrived, a department spokesman said. No one was injured the cause of the fire remains under investigation. peter.hermann@baltsun.com Text NEWS to 70701 to get Baltimore Sun local news text alerts