Blogs

Northfield Labs stock soars as it completes blood substitute tests

Evanston-based Northfield Laboratories has completed final patient tests of its blood substitute PolyHeme. Crain's Chicago Business reports some observers believe that, with government approvals, the product could be in use in hospital trauma centers by early 2008.

Company officials have forecast up to $500 million in annual U.S. sales for the product, but one analyst sees a potential worldwide market demand of up to $4 billion.

Bank that began in Evanston is for sale

Privately held GreatBanc Inc. is up for sale, Crain's Chicago Business reports. The bank, founded in 1914 as Evanston Bank, now is parent to three separate Chicago-area banks. One of those, GreatBank Chicago, has a branch in Evanston at Main Street and Chicago Avenue, across the street from the bank's original location.

Crain's says experts believe the bank, with $1.2 billion in assets, will likely sell for about $200 million.

Trader Joe's rejects Osco site

Alderman Ann Rainey, 8th Ward, reports on her message board that Trader Joe's has told city officials the company is no longer interested in opening a store at the former Osco Drugs location at Oakton Street and Asbury Avenue.

Ald. Rainey says company officials told the city the site is too far south in the market area and that they would like to be close to another large grocery store.

TIF transparency put on hold

A measure that would tell county residents how tax increment financing districts impact their tax bills was pulled off the table at a County Commission meeting last week after comments by commissioners, including Evanston's Larry Suffredin, indicated it would have a hard time passing. Details from the Chicago Reader.

New video security system planned at ETHS

Officials at Evanston Township High School plan to replace their seven-year-old security camera system with a new digital system this fall. The school's security chief, Frank Kaminski, tells the Evanston Review that the new system will speed up investigations of crime on the campus.

Try a dance class at Ridgeville Park District's Studio 908

Introducing dance classes @ Ridgeville Park District's
Studio 908

with Lanita Joseph

Lanita Joseph is the founder and artistic director of Forces of Nature. She has an apprenticeship with Joel Hall Dancers, and has choreographed different shows around the country from Chicago to L.A. She works in the After School Matters program, and teaches dance at The Camp of Dreams.

Free beach tokens brought smiles to kids

Leaders of social agencies that were provided with free beach tokens to distribute to low-income families this summer say the pilot program brought a lot of joy to the youngsters they serve. The Daily Northwestern reports that aldermen plan to decide later this fall whether to continue the program next year.

Replica gun confiscated at ETHS

Replica guns -- BB guns designed to look like 9mm handguns -- have turned up in two incidents in Evanston this week. One was used to rob a pizza delivery driver. Another was confiscated at Evanston Township High School after a student was spotted with it tucked in his waistband. WLS-TV reports similar incidents in Chicago have led aldermen there to propose a ban on replica guns.

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