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4 n e w h a v e n B I Z | S e p t e m b e r 2 0 2 2 | n e w h a v e n b i z . c o m is subject to regulatory and stockholder approvals. Sickle cell disease is an inherited blood disorder that impacts millions worldwide, particularly individuals of African, Middle Eastern and South Asian descent. Global Blood erapeutics, which was founded in 2011, is the compa- ny behind Oxbryta (voxelotor), an FDA-approved oral medicine that inhibits the root cause of red blood cell sickling in sickle cell disease. PHOTO | TYLER RUSSELL/CONNECTICUT PUBLIC Pfizer's campus in Groton. Frontier pays $5M fine for improper excavations Stamford-based Frontier Commu- nications has paid a $5 million fine and will not challenge a notice of violation issued by the Public Utilities Regulatory Authority alleging that the company jeopardized public safety through "reckless and inappropriate underground installations" of fiber optic cable. An attorney for Frontier, Timothy Jensen, sent a letter to PURA in August that said the company would not request a hearing regarding the fine. He enclosed a $5 million check payable to the state treasurer. Frontier said its payment was "not a waiver of its right to challenge any other decision." PURA accused Frontier and its con- tractors of laying fiber optic cables in the public right-of-way using inappro- priate design and construction stan- dards, causing damage to underground natural gas and electric distribution facilities. PHOTO | FILE IMAGE Frontier Communications offices. Science Park wins $5M state grant to advance Winchester Center plans A recently awarded $5 million state grant will help New Haven's Science Park Development Corp. (SPDC) kick- start plans to remake the site of the for- YNHH breaks ground on neuroscience center Yale New Haven Health has officially broken ground on an $838 million, 505,000-square-foot Neurosciences Center on its St. Raphael Campus. e new center will feature two bed towers, operating rooms, procedure rooms, support spaces and 214 inpa- tient beds. e center will treat patients with ailments ranging from spinal disorders to stroke, dementia, multiple sclerosis and Parkinson's Disease. e health system in 2020 decided to delay construction on the project due to the impact of the coronavirus pandemic. BIC to acquire French tech company BIC, manufacturer of products rang- ing from pens to lighters to shavers, recently signed an agreement to acquire the share capital of the French company AMI. AMI, which stands for "Advanced Magnetic Interaction," is the creator of the ISKN Repaper digital tablet. With the technology, tablet users can write or draw as they normally would on paper, while also capturing their work electronically. e company launched in 2014. According to BIC, located locally in Shelton, the acquisition is expected to strengthen the company's research and development capabilities in the area of digital expression. BIC anticipates the deal will close in the third quarter of this year. Financial terms were not disclosed. Pfizer Inc. to acquire Global Blood Therapeutics for $5.4B Drug giant Pfizer Inc. announced on Aug. 8 that it has reached an agreement to pay $5.4 billion to buy biopharma- ceutical company Global Blood era- peutics Inc., which is fighting sickle cell disease. Pfizer, which has a Groton facility, will acquire all outstanding shares of the San Francisco-headquartered company for $68.50 per share in cash, for a total value of about $5.4 billion. Both companies' boards of directors unanimously approved the deal, which A r o u n d t h e R e g i o n mer Winchester gun factory complex. e funding, a subsidy under the Ur- ban Act Grant program, will go toward new housing, streets and green space at Winchester Center, a project that brings together improvements across Science Park and redevelopment plans by developer Alex Twining. Twining Properties and LMXD, an affiliate of L+M Development Partners, are developing Winchester Center and plan to reopen long-closed streets, rebuild infrastructure and create new public open space. Twining plans a 284-unit mixed-in- come residential building on adjacent land now serving as a parking lot, to be called "Winchester Green." PHOTO | LIESE KLEIN Alex Twining with a scale model of Science Park. Stifel to open sixth CT location in Stamford Global wealth management and investment banking company Stifel will open a Stamford office, creating 50 new jobs, Gov. Ned Lamont's office announced in August. Stifel currently has offices in Ham- den, Hartford, Madison, Mystic and Southbury. e company's roughly 24,000-square-foot Stamford office will be at 677 Washington Blvd., a tower that previously housed the UBS inter- national banking headquarters. e Connecticut Department of Economic and Community Develop- ment is providing a grant in arrears up to $1.75 million, contingent on the company creating and retaining 50 new full-time jobs. GOOGLE MAPS 677 Washington Blvd., Stamford. Madison firm launches antimicrobial system for cannabis growers Madison-based Precision X-Ray Inc. announced in August it has launched an antimicrobial X-ray system to fight mold growth in newly-harvested cannabis products. e new system, called SteriRad, kills microbes by using a cold decontamination process on harvested cannabis buds and plants without reducing levels of active ingredients like cannabinoids and terpenes, according to the company. Precision X-Ray is the largest global manufacturer of cabinet X-ray irradiation systems. Originally based in North Branford, Precision X-Ray bought a 41,718-square-foot light industrial building on a 4-acre parcel at 14 New Road in Madison for $2.1 million in 2021, and relocated its operations amid growth. Gaylord expands North Haven clinic to include neurological therapy Gaylord Specialty Healthcare recently celebrated the completion of a $1.3-million expansion of its North Haven outpatient clinic. e expansion more than doubled Gaylord erapy Services clinic, located at 8 Devine St. in North Haven, and added neurological therapy services there. ese services aim to help patients recover from physical, cognitive and language challenges due to stroke, Multiple Sclerosis, Parkinson's disease, spinal cord and brain injury and other neurological conditions. PHOTO | CONTRIBUTED A patient walks with the new ZeroG body-weight support gait and balance system in the new space at Gaylord's North Haven clinic. Sema4 to lay off 13% of workforce, close Branford laboratory Sema4 Holdings Corp., a publicly traded health information company based in Stamford, said in August it plans to eliminate about 250 positions, roughly 13% of its B R I E F S Gonzalve Bich IMAGE | CONTRIBUTED Precision X-Ray's SteriRad system. RENDERING | CONTRIBUTED

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