‘Coming Home’: Danish biotech giant Novo Nordisk puts down roots in West Lebanon
Dennis Clancy remembers June 30, 2014, very well. 9:35 a.m., to be exact. That’s when Clancy, a manufacturing technician at former Olympus Biotech in West Lebanon, got word that he was being laid off after 11 years with the company. Its Japanese owner, beset by an unrelated financial scandal, was exiting biotech to refocus on its core camera and microscope businesses. “I told my wife I was going to be home early that day,” Clancy...
Olympus Corp. Faces Probe on Fatal Infections
The hunt for a deadly superbug that sickened 22 patients at a Dutch hospital began just before noon on a spring day in 2012. Inside a lab in the tiny hamlet of Zoeterwoude, a technician carefully peeled back the tip of a state-of-the art medical scope. Watching him intently was a small group of hospital officials and executives from Olympus Corp., maker of the device. The Olympus technician found trouble right away. He spotted a...
