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NCBiotech News

  • India-based Glenmark Pharmaceuticals  has purchased a 15-acre site in the Union County city of Monroe, near Charlotte, with plans to hire 41 people and open its first North American manufacturing facility in 2015.  
  • The annual report of major life science clusters issued by financial and professional services firm Jones Lang LaSalle still shows the Triangle in fourth place, behind Boston and two of California’s biggest metrotechs: San Francisco and San Diego.
  • Weekly Grant Funding Opportunities
  • The North Carolina Biotechnology Center awarded 15 grants totaling $683,854 to young life science companies and research institutions around the state during the last fiscal quarter running from April through June, 2014.
  • The North Carolina Biotechnology Center awarded seven loans totaling $849,226 to young life science companies around the state during the last fiscal quarter running from April through June, 2014.
  • Four of the North Carolina Biotechnology Center’s portfolio companies -- all former loan recipients -- brought in more than $77 million in outside funding during the final quarter of the Center's fiscal year ended June 30.
  • The North Carolina Biotechnology Center awarded more than $1.5 million in the fourth quarter of its 2013-2014 fiscal year, while the Center’s loan recipients brought in more than $77 million in outside funding during the period.
  • Weekly Grant Funding Opportunities
  • Charlotte-based agricultural data company AGDATA has been purchased for an undisclosed sum by a large national investment firm, San Francisco-based Vista Equity Partners.
  • The Raleigh metro area returned to the top of the heap as the best major metro area in the nation for doing business, according to the newly released 2014 rankings from Fo
  • North Carolina State University horticulture professor Nancy Creamer, Ph.D., is one of 15 experts appointed to the board of the newly created national Foundation for Food and Agricultural Research.
  • Weekly Grant Funding Opportunities
  • NCBiotech officials have doubled the Strategic Growth Loan cap from $250,000 to $500,000 for companies with exceptional chances for success -- and a solid angel or venture match.
  • German pharmaceutical company Merz is establishing its North American headquarters in Raleigh, adding 250 jobs to the Capital City but pulling up stakes from its 17-year tenure in Greensboro.
  • Raleigh biotechnology company Agile Sciences has landed a $1.5 million National Institutes of Health grant to help develop its cystic fibrosis therapy derived from sea sponges.
  • North Carolina’s life science community can now get inside information on funding and business strategy at the NCBiotech library, via its PitchBook private equity and venture capital database.
  • if you could use some funding help to commercialize a life science idea, you still have a couple of days to apply for a chance to pitch your company story to investors and colleagues at the 16th annual Southeast BIO Investor & Partnering Forum.
  • The Fresenius Kabi pharmaceutical plant in Raleigh is being purchased by Danish drug company Xellia Pharmaceuticals for an undisclosed sum, but with plans to expand at its first United States site.
  • Weekly Grant Funding Opportunities
  • Each of the 28 companies and institutions that stepped up to help pay for the North Carolina Pavilion at BIO 2014, as well as the Friends of NC who provided food and beverages for a highly popular opening-day reception, deserve the gratitude of all 66,000-plus people who work in the life sciences statewide.

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