Catalyst Health Solutions, a Rockville firm that manages prescription drug benefits for companies and government agencies, was scooped up by Lisle, Ill.-based competitor SXC Health Solutions on Wednesday in a deal worth $4.4 billion.
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A quote from boxer Mike Tyson rests atop an old fireplace mantle in the third-floor offices of Ruck.us, an Internet start-up near Logan Circle: “Everybody has a plan until they get punched in the mouth.”
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A quote from boxer Mike Tyson rests atop an old fireplace mantle in the third-floor offices of Ruck.us, an Internet start-up near Logan Circle: “Everybody has a plan until they get punched in the mouth.”
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The skyline around the Washington region is poised to soar higher in the coming years as an increasing number of construction projects bring ever-taller buildings to neighborhoods and commercial centers from North Bethesda to Rosslyn to the District. ¶ But while these buildings are sure to alter the skyline, they also signify a more fundamental shift in the way people live life on the ground. ¶
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The bus may be burning rubber as it heads for South By Southwest in Austin, but the entrepreneurs on board don’t have time to spin their wheels. They have just four days and roughly 1,500 miles to start and build a company.
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Dean David Thomas, who took the helm of Georgetown University’s school of business in August, has been making the rounds lately pitching prospective donors on a plan to raise $50,000 for what he describes as a university “seed fund.”
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As the federal government pulls back on its spending, threatening the strength of the Washington area recovery, interest is growing in nurturing entrepreneurs and young companies that might one day pick up the slack.
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Rockville-based Micromet, a biopharmaceutical firm that creates antibody-based cancer treatments, agreed to be bought Thursday for $1.16 billion by Amgen, a biotechnology company in Thousand Oaks, Calif.
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