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Drug developer exceeds financing target

ContraFect Corp. raises critical financing for clinical stage drug development.

Manhattan Internet firm eyes office move to Yonkers

The Yonkers Industrial Development Agency approved more than $400,000 in sales tax exemptions to lure the Manhattan-based firm IAC Search to the city’s i.Park Hudson campus.

Report: Kawasaki buys i.Park facility for $25 million

Kawasaki Rail Car Inc. has agreed to buy its 239,000-square-foot factory at i.Park Hudson in Yonkers for $25 million after months of negotiations, according to the Wall Street Journal.

Building on biotech in Yonkers

An early-stage biotech company led by an industry pioneer will begin operations this spring in downtown Yonkers.