The Amgen Foundation and the University of South Florida will launch the Amgen Biotech Experience in Tampa. The program is a three-week, in-class lab for high school science teachers, so they can help their students better understand science and how it influences their daily lives. USF will serve as the program site, a news release said. Amgen (Nasdaq: AMGN) is a biotech company with a Tampa office.
James Faison, an emerging leader in Tampa Bay's tech community, has been accepted into VC Unlocked at Stanford University. It's an invitation-only program for those who want to shape the future of the venture capital industry. Faison is organizer of The Mainframe, an initiative to link black technologists and innovators in Tampa Bay, and has announced plans to launch a $10 million venture fund.
Knack, a Tampa-based educational technology company, won the audience choice award and $25,000 in the Lumina Foundation Education Innovation Prize challenge, a national competition that encourages development of products and services that can make learning after high school available to more Americans. Knack was one of three finalists in the competition.
Paradise Inc. (OTCPink: PARF) agreed to sell substantially all of its assets engaged in the production, manufacture, sale and distribution of glacé fruit product to a subsidiary of Seneca Foods Corp. The sale price is about $9.4 million, according to a regulatory filing. Paradise, based in Plant City, has been exploring strategic options and eventually plans to sell all of its assets.
MarineMax completed the acquisition of Sail & Ski Center, a boat dealership operating in Austin and San Antonio, Texas. The purchase price was not disclosed. Fiscal 2018 revenue for Sail & Ski’s three locations exceeded $40 million, a news release said. MarineMax (NYSE: HZO) is a recreational boat and yacht retailer headquartered in Clearwater.
Financial Information Technologies acquired Lilypad Solutions. Both tech companies are based in Tampa. Lilypad, founded in 2013, develops software for beverage alcohol sales. It's the first acquisition for Fintech, which created the first electronic payment tool for alcohol purchasing in 1991. Financial terms were not disclosed in a news release.
Immertec, a PitchLyst company in Tampa with a virtual reality medical training device platform, is one of 20 med-tech firms that will take part in the Medical Capital Innovation Competition this week in Cleveland, Ohio. The event draws professional and collegiate teams from across the globe to pitch ideas with the potential to transform the future of healthcare and win cash prizes totaling $100,000.
The Tampa Bay Times was named a finalist for a Pulitzer Prize in the investigative reporting category, for news stories on patient deaths at Johns Hopkins All Children's Hospital. Pulitzer judges credited the Times' Kathleen McGrory and Neil Bedi with "impactful reporting, based on sophisticated data analysis." The Los Angeles Times was named the winner in the category.
HedgePath Pharmaceuticals elected W. Mark Watson as chairman of the board, effective April 15. Watson, who is been on the HedgePath (OTC: HPPI) board since 2014, is a CPA who also serves on the board of Sykes Enterprises (Nasdaq: SYKE). E. Brendan Magrab, who has been HedgePath chair, is stepping down from that position in order to fulfill his duties as CEO of Epalex Corp., a news release said.
Catalent Inc. agreed to buy Paragon Bioservices for $1.2 billion. Catalent (NYSE: CTLT) is a contract drug manufacturer; its St. Petersburg plant is its primary softgel development and manufacturing facility in North America. Paragon Bioservices is a biotech company that manufactures gene therapies for clinical and commercial use.
Industrial and Institutional Sales Group has bought Cinpak, an Austin, Texas firm whose product offerings include disposable take-out packaging, pizza boxes and buffet supplies. It’s the third acquisition for I&I Sales Group, a portfolio company of Tampa-based private equity firm Osceola Capital. The purchase price was not disclosed in a news release.