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NCBiotech News

  • A UNC technology designed to make breathing easier hit the big time this week when Oriel Therapeutics got a buy-out offer from Sandoz, the generics division of Novartis.
  • Bio Briefs with names making news
  • It's only money. Who needs it? Sunday, May 2, is the deadline for discounted conference hotel rates for the 12th Annual NIH SBIR Conference in Raleigh. The event, to run June 2 and 3 at the Raleigh Convention Center, will feature more than 50 representatives of the National Institutes of Health with more than $690 million in grant funding to distribute.
  • About a quarter of a million people in North Carolina make their living because of biotechnology. This according to a study released today by BIO and the Battelle organization. North Carolina, at the end of 2008, had more than 53,000 people employed in biotechnology. The ripple effects of those jobs brings the total to 247,457 That's 4.62 jobs for each biotech job. In addition, bioscience jobs command a high salary on average, and even technician-level jobs pay higher than jobs with similar qualifications.
  • North Carolina will share its experiences and expertise in finance, international partnerships, devices, biologics and diagnostics Wednesday at the BIO 2010 International Convention. The 10 speakers will participate in: The Global Innovation Network - International Case Studies 3:00 PM S101B John Chaffee, North Carolina Eastern Region
  • North Carolina educators pursuing research on topics ranging from forest growth to forensics will soon be getting special attention from academic and industrial mentors. Eighteen educators from across the state have been included in the Class of 2012 Kenan Fellows Program for Curriculum and Leadership Development. Of those, 10 teach biotech-related curricula.
  • Two more young North Carolina pharmaceutical companies are in the "win" column with new drug marketing approvals. Chapel Hill drug company Pozen got the go-ahead from the United States Food and Drug Administration to market VIMOVO, a medicine merging two existing drugs. It combines enteric-coated naproxen with esomeprazole to reduce the risk of gastric ulcers in treating arthritis.
  • Another in a string of North Carolina Biotechnology Center funding recipients is compounding the award with more cash and kudos. Patrick Sullivan, M.D., of the University of North Carolina School of Medicine, landed a $126,400 Biotechnology Center grant four years ago to support his work developing high-speed techniques for parsing the genetic makeup of mammalian cells.
  • Bio Briefs with names making news Chimerix, a 10-year-old Durham-based development-stage biopharmaceutical company, has hired former Neurogen senior vice president, chief business and financial officer Thomas Pitler, Ph.D., as its new vice president of business development. More
  • Now there are two crime labs in North Carolina. And one of them is the state's only private commercial forensics lab. Triad Forensics Laboratory, which moved its headquarters last year from Texas into the Piedmont Triad Research Park's Wet Lab LaunchPad in downtown Winston-Salem, was recently certified by the state to conduct drug analyses.
  • Research Triangle Park pharmaceutical company Cognosci is celebrating its 10th anniversary with another winner in a string of good news. The small biotech firm has received a $330,000 grant from the Accelerating Commercial Development program sponsored by Fast Forward (a division of the National Multiple Sclerosis Society) and EMD Serono, a division of Merck KGa.
  • Software to bring hard data to global health will get the spotlight Thursday in a breakfast forum at the North Carolina Biotechnology Center. Frederic Bost, director of information systems for Research Triangle Park drug discovery and development company SCYNEXIS will lead the discussion with local global health organizations and the general public.
  • POZEN, a Chapel Hill drug-development company, has received a $20 million milestone payment from AstraZeneca after securing marketing approval from the U.S. Food and Drug Administration for its second product, VIMOVO. VIMOVO is a medicine merging two existing drugs. It combines enteric-coated naproxen with esomeprazole to reduce the risk of gastric ulcers in treating arthritis.
  • Agile Sciences is using nimble footwork to grow in a difficult economy. The Raleigh-based spin-out from North Carolina State University has parlayed two rounds of start-up support from the North Carolina Biotechnology Center into a new investment from an Indiana-based agricultural company, SePRO.
  • Durham-based Novella Clinical has continued its expansion with the purchase of an Ohio contract research organization. Novella, formerly PharmaLinkFHI, bought Prologue Research International, which specializes in cancer therapies. Neither firm disclosed the purchase price.
  • Salix Pharmaceuticals is pursuing United States Food and Drug Administration approval to sell its oral antibiotic XIFAXAN to people with irritable bowel syndrome. The Morrisville-based drug company already markets XIFAXAN in the United States for other indications, such as treating travelers' diarrhea. It also markets several other gastrointestinal drugs.
  • Research Triangle Park-based agribusiness Syngenta Biotechnology Inc. (SBI) is getting ready to plow down some of its property to rebuild for the future.
  • An initial $50 million licensing payment to High Point pharmaceutical developer TransTech Pharma could grow to more than $1.1 billion from Forest Laboratories. TransTech, which won the North Carolina Biotechnology Economic Development Award in 2008, got the up-front money for signing a license agreement letting Forest develop and commercialize TransTech diabetes chemicals.
  • Talecris Biotherapeutics, a fast-growing Research Triangle Park company, expects to maintain its major footprint in North Carolina after the dust has settled on its announced $3.4 billion buyout from Spanish firm Grifols. Talecris announced last November it would invest nearly $270 million over seven years to expand its manufacturing facilities near Clayton, adding 259 new employees to the 1,800 it already has at the Johnston County facility.
  • The Greater Charlotte region is positioned to absorb a large-scale recruitment project, according to the North Carolina Biopharma Manufacturing Labor Market Analysis. The analysis was put together by New Jersey-based site section and economic development consultants Biggins, Lacy, Shapiro & Co.

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