Integra LifeSciences Holdings Corporation (IART), 313 Enterprise Drive, Plainsboro 08536; 609-936-3600; fax, 609-275-5363. Peter Arduini, CEO. www.integralife.com.
Integra LifeSciences Holdings Corporation, a medical technology company, is planning to spin off SeaSpine Holdings Corporation. SeaSpine, a global medical technology company focused on surgical solutions for the treatment of spinal disorders, has a comprehensive portfolio of orthobiologics and spinal fusion hardware. SeaSpine will be headquartered in Vista, California, near San Diego.
“We believe that an independent SeaSpine will focus its investments on research and development and sales and marketing to drive faster growth. Similarly, the separation will result in faster growth for the remaining Integra businesses, Specialty Surgical Solutions and Orthopedics and Tissue Technologies,” said Peter Arduini, Integra’s president and chief executive officer.
The company filed paperwork with the SEC on April 1 as a step towards completing the spinoff, which Integra expects will be completed in the second half of the year. SeaSpine will trade on NASDAQ.
#b#Global Essence Plans New HQ in Hamilton#/b#
Global Essence, a Freehold-based company that makes ingredients for fragrance, flavoring, beauty, and household products, has leased 63,500 square feet of space in the Hamilton Business Center for a new headquarters and operations facility.
The location, at 8 Marlen Drive, had been vacant since 2013 when New Millennium Solar Equipment Corp., a maker of solar panels, left. The deal was negotiated by the real estate firm DTZ on behalf of Global Essence and Newmark Grubb Knight Frank on behalf of the Hamilton Business Center.
DTZ said in a release that Global Essence required a location that offered the flexibility to segregate a variety of fragrance and flavoring products as mandated by law.
#b#Princeton South Sold#/b#
The owners of the Princeton South Corporate Center in Ewing have sold the property, but did not disclose to whom they sold it or for how much.
Rubenstein Partners, a Philadelphia-based firm, said the company bought the 268,000 square-foot complex consisting of two buildings in 2011 and sold them on March 30. The company was represented by Tom Walsh and Joe Garibaldi of Jones Lang LaSalle.
Rubenstein added that the property has a new tenant, with Philadelphia Insurance Company leasing 30,000 square feet at 100 Princeton South.
Philadelphia Insurance Companies (PHLY), 1009 Lenox Drive, Suite 107, Lawrenceville 08648; 609-512-3140; fax, 609-512-3141. Brian O’Reilly, regional vice president. www.phly.com.
Philadelphia Insurance Companies, an office of the Bala Cynwyd, Pennsylvania-based firm, is moving from Lenox Drive to an entire floor of the Princeton South Corporate Center on Pennington Road.
Novo Nordisk Inc. (NVO), 800 Scudders Mill Road, Princeton 08540-6213; 609-987-5800; fax, 609-919-7801. Jerzy Gruhn, president. www.novonordisk-us.com.
Novo Nordisk plans to launch a hemophilia A drug, Novoeight, in the United States. The drug was shown to be safe and effective in clinical trials with 213 previously treated patients with hemophilia A. Novo Nordisk plans to make Novoeight available by mid-April of this year.
“Hemophilia patients have unique, individualized needs, so it is critical for them to have access to different therapies,” said Roshni Kulkarni, professor of pediatric hematology/oncology at the Centers for Bleeding and Clotting Disorders, Michigan State University. “Today’s patients are looking for options that fit into their busy lives, and it’s encouraging to see new treatment options that further serve patients within the bleeding disorders community.”
The FDA approved Novoeight for use in adults and children with hemophilia A for the control and prevention of bleeding, perioperative management, and routine prophylaxis to prevent or reduce the frequency of bleeding episodes.
Colliers International, 500 Alexander Park, Suite 202, Princeton 08540; 609-269-1111; Thomas Romano, managing director.
Colliers International has moved from 731 Alexander Road to 500 Alexander Park, Suite 202.
D&R Greenway Land Trust Inc., 1 Preservation Place, Princeton 08540; 609-924-5577. Linda J. Mead, president & CEO. www.drgreenway.org.
D&R Greenway Land Trust has added four people to its board of trustees.
Kristin S. Appelget is the director of community and regional affairs at Princeton University. Richard S. Goldman is a lawyer and partner at Drinker, Biddle & Reath and is a returning trustee who has served as chairman of the board for six years. Adrian Huns served as executive VP and international president at Church & Dwight until 2013.
Laura Napoli is an environmental scientist with ExxonMobil Biomedical Sciences Inc. in Clinton. Jeanne K. Perantoni is an architect who developed a deeper interest in D&R Greenway when she designed and oversaw construction of the Tulpehaking Nature Center at Abbott Marshlands.
Long-serving trustees Eleanor Horne, retired vice president, Educational Testing Service, and Dr. Mary Allesio Leck, professor emeritus of biology, Rider University, retired from D&R Greenway’s board in January.
Robert Flory, 82, on March 16. He worked for 40 years at RCA’s Sarnoff Research Center where he focused on television disk and tape recording technology. Services will be held Saturday, May 30, at 10 a.m., at Gravity Hill Farm, 67 Pleasant Valley Road in Titusville.
Eleanor Foy, 92, on March 21. She was a second-grade teacher at Robinson Elementary School in Hamilton from the school’s opening in 1962 until her retirement. She also worked at her husband’s business, Foy’s Drug Store.
John “Scotty” McCormack, 89, on April 2. He was the owner/operator of McCormack Construction Company.
William McDermott III, 73, on March 30. He was a social studies teacher in Hamilton and librarian in the Hopewell Valley Central school district. He was also a board member of the Institute for Jewish-Christian Studies at Seton Hall.
Joseph Mislan, 89, on April 5. Mislan owned his own electronics company in Trenton. He later worked for the Department of Defense. Services will be held Thursday, April 9, at 9:30 a.m. at St. Ann’s Church in Lawrenceville.
Rudolph Palombi, Sr., 88, on April 1. Palombi became president and CEO of Roma Bank in 1973, leading it through a period of expansion.
Jean Marie Reuter, 86, on March 27. She was a homemaker who raised six daughters in Pennington. A memorial service will be scheduled for early May.
Michael P. Lamkin, 50, on March 28. He retired in 2010 as an internal affairs investigator at the Albert C. Wagner Correctional Facility in Bordentown.
Debra Sapienza-Costa, 57, on March 25. She was a gemologist and owner and operator of Liberty Jewelry Buyers in Hamilton.