Skip to main content

PPD buys lab, hires 80 from Merck

PPD has purchased a state-of-the-art laboratory and hired 80 employees from Merck as part of a vaccine-testing agreement announced Monday.

Financial terms were not released for deal, which calls for Wilmington-based PPD to develop tests that measure the effectiveness of Merck vaccines.

Meda Adds $6M to BioDelivery

Raleigh-based BioDelivery Sciences has sold another round of marketing rights for its lead product, ONSOLIS, allowing its Swedish commercial partner, Meda, to sell the drug everywhere but Taiwan and South Korea.

The sale, for a one-time cash payment of $3 million, expanded an earlier marketing agreement giving Meda rights to sell ONSOLIS, a pain therapy using BioDelivery's proprietary delivery system involving a drug-impregnanted film held against the inside of the cheek.

Nanobiotechnology

The North Carolina Center of Innovation for Nanobiotechnology (COIN)  fosters collaboration among universities statewide creating a “one-stop” resource for industry-academic interactions in nanobiotechnology in North Carolina.

External Funding Opportunities for Businesses

  • BIO Business Solutions - Provides value to members of BIO and participating state/regional biotechnology associations through discounts and other benefits on products and services from industry-leading suppliers.
  • Business Link North Carolina (BLNC) - One-stop resource to access an array of programs and services available to support your business in NC.
  •  

Biomanufacturing and Process Development (BPD)

 

The Biotechnology Center initiated the Bioprocessing/Process Development Group to provide a forum for process development scientists and engineers to discuss bioprocessing issues. The group meets monthly with speakers from the industry, technology vendor companies and regulatory experts.

 

2011-2012 Meeting Schedule

East Advisory Committee

 

Chair
H. L. (Steve) Stephenson, III, attorney, Ward & Smith, P. A.
 
Vice-Chair
Vacant
 
Immediate Past Chair
David Peele, Ph.D., president, Avoca, Inc

 

Full Committee

First Flight's John Draper Dies

John Draper, well known across North Carolina as an entrepreneurship leader, died unexpectedly last weekend.

Draper, 63, was president and director of the First Flight Venture Center incubator in Research Triangle Park.

Previously, Draper had served as the Chief Financial Officer and Director of Operations for the state's Technological Development Authority, which became First Flight.

Strategic Growth Loan (SGL)

Matches Biotechnology Center loan support with angel group or venture capital investments to fund life science companies that have already established technical proof-of-concept and require further corporate development support.  A maximum of two SGLs allowed per company.

Award Range: $250,000 to $500,000

Small Business Research Loan

Supports business inception and research critical to the development of products, processes, or tools with clear commercial potential.

Award Range: $75,000 to $250,000

Technology Enhancement Grant (TEG)

For university technology transfer offices to support research and other commercially important activities that will make a technology licensable.

Maximum: $75,000

Pages

Subscribe to RSS - Business & Commercialization