Business

Gaithersburg’s Emergent BioSolutions Inc. (NYSE: EBS) has completed its acquisition of a smallpox drug, four months after striking the deal — and paving another path for the local company to bolster the national stockpile. Emergent said this week it closed its agreement with Durham, North Carolina’s Chimerix Inc. (NASDAQ: CMRX) for exclusive worldwide rights to Tembexa, the first treatment for smallpox greenlit by the Food and Drug Administration.

The legal fight between the sons of ailing Orioles owner Peter Angelos is to spill into the courtroom for the first time with a hearing Wednesday in Towson. Brothers John and Louis Angelos are battling over the family stake in the baseball team, their father’s famous law firm and his multi-million-dollar office buildings. The fight has brought forth dueling lawsuits and allegations of power grabs, manipulations, even elder abuse. Hundreds of pages of court documents have pulled back the curtain on one of Baltimore’s most prominent and private families. A Baltimore County Circuit judge has scheduled an initial hearing for Wednesday afternoon.

Under Armour Inc. released Tuesday its 2021 Sustainability & Impact Report, outlining a new sustainability framework, goals and targets that will guide the company’s work to reduce the environmental footprint associated with its products and operations while accelerating its social and community impact. Aligned with Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB) industry standards, the report outlines 23 goals and targets designed to drive company progress across three key pillars – Products, Home Field, and Team – and underscore Under Armour’s core values, including “Act Sustainably” and “Stand for Equality.”

Maryland has removed a pre-employment drug testing requirement for cannabis businesses, leaving it up to individual dispensaries and growers to decide whether to test employees for illegal drugs. The change was one of several approved by the Maryland Medical Cannabis Commission at its Sept. 22 meeting with the goal of alleviating red tape for small business owners. The removal of the drug testing requirement has been praised by some business owners, who believe it will open the door for more job candidates to enter the industry.

Repurpose Aggregates opened a state-of-the-art industrial recycling wash plant Sept. 21 in Joppatowne, the first of its kind in the region. Repurpose Aggregates will supply high-grade, reliable materials to the local region, including the first recycled sand available in the mid-Atlantic region. Its 80-acre campus is dedicated to supporting the circular economy by providing a one-stop facility for local construction companies to both responsibly dispose of CDE waste and also back-load their fleet with valuable recycled materials that can be reintroduced to the construction industry for use in various applications. As the plant can be adjusted, the final product output can be fine-tuned to meet the market’s needs and customers’ own specifications.

Fearless, a rapidly growing Baltimore technology company, won a $67 million contract with the Centers for Medicare and Medicaid Services to streamline the way states collaborate with the federal agency. The contract is one of the largest ever won by Fearless, product manager Nichole Weems said. The new contract will support 66 jobs and will make it easier for government workers to use the Medicaid and Children’s Health Insurance Program (MACPro) system, which is used to collect state planning documents, waivers and other important information for people’s health insurance.

America’s passenger railroad plans to achieve net-zero greenhouse gas emissions by 2045, Amtrak said Thursday, joining a growing list of transportation carriers and agencies that have made commitments to reduce their carbon footprints. Amtrak said it also plans to reduce diesel fuel usage through improved technology and use carbon-free electricity by 2030. The carrier, which operates more than 300 trains serving more than 500 destinations daily, said it will invest in research in collaboration with states and experts to advance innovations in fuel cells, hydrogen, batteries and other zero-emission technologies.

Holland Pump Company, an independent specialty pump rental and dewatering solutions provider in West Palm Beach, Florida, announced Monday it has completed the acquisitions of Jessup-based Pump & Power Equipment Corp. and Power Equipment of Trevose, Pennsylvania in a multi-company transaction. These are the fourth and fifth acquisitions since Holland Pump partnered with XPV Water Partners, adding three branches to Holland Pump’s extensive pump fleet and complete dewatering services offering. The acquisitions increase Holland Pump’s capabilities to service municipal, construction, industrial and mining industries in Maryland, Pennsylvania, New Jersey, northern Virginia, and Delaware.