Business news in brief

In the Region

U.S. names director to Royal Bank

The U.S. Treasury Department named a director to Royal Bancshares of Pennsylvania Inc.'s board after the Narberth-based bank missed six dividend or interest payments on its preferred stock. Treasury said it appointed Gerard M. Thomchick, who has more than 25 years' experience in Pennsylvania banking. Royal Bancshares received money under the federal TARP program and then fell delinquent in making payments on the capital it raised. Treasury had the right to name someone to the board but did not exercise that right until now, it said. - Linda Loyd

Possible InterDigital sale

King of Prussia's InterDigital Inc. is in play, and its stock soared. The company, which holds numerous mobile-phone- technology patents, said it was "exploring potential strategic alternatives." That may include a sale, InterDigital said, and it has retained EverCore Partners and Barclays Capital to review all options. InterDigital shares closed at $53.26, up $11.75, or 28.31 percent. The price has ranged between $24.39 and $58.64 over the last year. - Mike Armstrong

Vicept bought by Allergan

The privately held dermatology company Vicept Therapeutics, of Malvern, said it was being acquired by Allergan Inc. in a deal that includes an up-front cash payment of $75 million by Allergan and up to $200 million more, contingent on achieving development and regulatory milestones at the company, founded in 2009. Vicept's lead investigational product, V-101, is a topical cream for the treatment of skin redness associated with rosacea. - Reid Kanaley

SunGard expands in India

SunGard, the Wayne-based data-disaster recovery company, said its SunGard Availability Services unit was expanding in India with two new workplace recovery facilities. The company said the move followed the signing of a contract with a major international bank, which it did not name. The new centers are in Thane, near Mumbai, and Noida, near New Delhi. The company would not say how many jobs would be added. - Reid Kanaley

Wells Fargo 2Q profit leaps