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NCBiotech News

  • 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.
  • Bayer CropScience has continued to secure North Carolina’s global agricultural biotechnology leadership by announcing the start of another $30 million expansion on its Research Triangle Park campus.
  • Weekly Grant Funding Opportunities
  • Biogen Idec’s Machelle Sanders, GlaxoSmithKline’s David Stewart and BTEC's Nathaniel Hentz discussed the importance of North Carolina's workforce talent preparation to the state's biomanufacturing leadership, on a panel at the BIO International Convention.
  • Executives of Durham development-stage biopharmaceutical company Parion Sciences collected a Tibbetts Award from the U.S. Small Business Administration at a recent ceremony on the steps of the White House to recognize the company's ability to turn federal research grants into technical innovations with economic impact. Parion is an NCBiotech portfolio company.
  • Life science jobs in North Carolina have increased 7 percent since 2007, to more than 66,000 by the end of 2012. And despite the overall economic struggle to claw back from the Great Recession, life science salaries in the state rose nearly 13 percent, to $82,000, says a new report from Battelle,
  • Daniel Ren of Cary was among this year’s top 15 North American high school students in the 2014 International BioGENEius Challenge at the BIO International Convention in San Diego.


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