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NCBiotech News

  • Bio briefs with names making news Rick Williams, chief business officer of The Hamner Institutes for Health Sciences, has been named a director of the Research Triangle Park-based nonprofit research organization. More
  • The Hamner Institutes of Research Triangle Park has signed an agreement with the Oslo Cancer Cluster in Oslo, Norway, to streamline the search for new cancer therapies. The formal memorandum of understanding with one of the leading cancer clusters in Europe is to strengthen The Hamner's Global BioScience Gateway for Translational Research and Business Development, which began with partnerships in China.
  • Durham-based Inspire Pharmaceuticals has named Sepracor president and CEO Adrian Adams to succeed Christy Shaffer, Ph.D., as Inspire's new president and CEO. The transition, to become effective next Monday, also puts Adams on Inspire's board of directors. Massachusetts-based Sepracor has concurrently announced a $2.6 billion buy-out of Dainippon Sumitomo Pharma America, effective April 1.
  • Bio Briefs with names making news Jagnnathan "Jag" Sankar, Ph.D., Distinguished Professor of Mechanical Engineering at North Carolina A&T State University, has been named the recipient of the 2010 Oliver Max Gardner Award, the highest faculty honor in the UNC system. More
  • Burlington-based diagnostics and testing giant LabCorp is planning to bring nearly 350 more jobs to a new $4 million billing facility in Greensboro during the next three years. Gov. Bev Perdue said LabCorp will get a $275,000 grant from the One North Carolina Fund to support the project.
  • More than 1,200 people gathered at the Raleigh Convention Center to chart out of future of biotechnology jobs in North Carolina.
  • Ever have a problem, and you knew the solution existed, but you just couldn't find it? The same happens in the life sciences, where small companies might have a solution or potential product that a large company wants. At CED's Biotech 2010 on Monday, the Biotechnology Center helped bring those two groups together. A total of 42 companies met with representatives of the big names in the industry, discussing overlapping interests in their development pipelines.
  • A United States Food and Drug Administration advisory committee has recommended marketing approval for Morrisville-based Salix Pharmaceuticals' oral antibiotic rifaximin for treating adults with a neurological disorder caused by chronic liver failure. The recommendation, expected to be followed by full FDA approval, followed a priority review status granted to Salix for the drug.
  • The deadline for companies to apply for participation in the North Carolina Biotechnology Center's Industrial Fellowship program has been extended to Friday, March 5. This program is for Ph.D.-trained scientists interested in transitioning into scientific careers in the industry. It places fellows into N.C. biotechnology companies for two-year fellowships to gain industry-oriented research experience and thus improve their career competitiveness.
  • Pittsboro-based Biolex Therapeutics has raised an additional $10 million in new capital, according to papers filed Tuesday with the U.S. Securities and Exchange Commission. The firm is developing a controlled-release interferon alpha 2b product to treat chronic hepatitis C. Its trade name is Locteron.
  • Bio Briefs with names making news George Abercrombie, former president and CEO of Hoffmann-La Roche, has been named a director and member of the board's audit committee by Durham's Inspire Pharmaceuticals. More
  • Charlotte-based development-stage biotech company Chelsea Therapeutics International has added about $18.2 million to its coffers in new institutional investor stock sales and warrant issuances. The publicly traded firm said it is issuing 6.7 million shares of stock at $2.72 each and warrants for another 2.3 million shares. The warrants are exercisable at $2.79 per share over the next three years.
  • Five young bioscience companies are among 10 firms that will show off their technologies at a public gathering March 31 on the Salem College campus. The firms were chosen by the Technology Council of the Winston-Salem Chamber of Commerce to present at the yearly Technology Briefing on the last day of the month, at 8 a.m. in the Salem Fine Arts Center on the campus. The bioscience presenters include:
  • Watch yourself. Or watch somebody else. Just don't miss the chance to nominate a growing North Carolina bioscience company for the upcoming "Companies to Watch" awards program, sponsored by CED and the Edward Lowe Foundation.
  • Duke University has landed a $10.2 million gift to help prove the benefits of therapies derived from donated umbilical cord blood cells. The funding commitment from the Robertson Foundation creates a state-of-the-art Translational Cell Therapy Center on the Durham campus, under the guidance of cord-blood pioneer Joanne Kurtzberg, M.D.
  • Raleigh-based BioDelivery Sciences is being routed onto a superhighway to get one of its next drugs to market. The decision by the the U.S. Food and Drug Administration avoids the back roads and costly detours of multiple clinical trials. The BioDelivery agreement involves the use of its proprietary BEMA system for delivering an anti-nausea medicine to chemotherapy patients. That will be the sole focus of its regulatory scrutiny -- not the overall drug.
  • Bio Briefs with names making news Joseph DeSimone, Ph.D., an entrepreneur and chemistry professor at the University of North Carolina at Chapel Hill and a professor in chemical engineering at North Carolina State University who co-founded the Hangers dry-cleaning chain and the local firm Liquidia, has received the prestigious 2011 Harrison Howe Award from the American Chemical Society. More
  • Salix Pharmaceuticals has opened the door to a big new drug market. The United States Food and Drug Administration has given the Morrisville firm the go-ahead to market its oral antibiotic rifaximin for treating adults with a neurological disorder caused by chronic liver failure. Salix already markets rifaximin in the United States under the trade name XIFAXAN for patients over 12 with travelers' diarrhea.
  • Oxygen Biotherapeutics is drawing attention from investors, consumers and job seekers. The pharmaceutical company has expanded quickly since relocating its headquarters from California to Durham a year ago. Earlier this year it started trading on the NASDAQ stock market, where it opened this week with a jump of as much as one-third since last week's close. It now has 13 people at its Durham headquarters, and it's actively adding more.
  • Bio Briefs with names making news


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