CED News
December 29, 2003
NC State Receives $500,000 Pledge to Establish Entrepreneurship Fund
UNC, Wake Forest Win Kauffman Grants for Entrepreneurship Initiatives
Trimeris, Roche Submit 48-Week FUZEON Data to FDA
Raindrop Geomagic Brings In Additional Grants
TriVirix Acquires Indiana's UMM Electronics
Red Hat to Acquire Sistina Software
Tranzyme Merges with Canada's Neokimia, Raises $6 Million
NC State Receives $500,000 Pledge to Establish Entrepreneurship Fund
UNC, Wake Forest Win Kauffman Grants for Entrepreneurship Initiatives
Trimeris, Roche Submit 48-Week FUZEON Data to FDA
Raindrop Geomagic Brings In Additional Grants
TriVirix Acquires Indiana's UMM Electronics
Red Hat to Acquire Sistina Software
Tranzyme Merges with Canada's Neokimia, Raises $6 Million
December 15, 2003
Metabolon, Qualyst Name Medical Pioneers to Scientific Advisory Boards
Duke University Hospital to Test Polyglot Systems' Translation Technology
Jan Bouten Joins The Aurora Funds as an Associate
Inspire Pharmaceuticals Inks Co-Promotion Agreement with Allergan
SAS Acquires Canada's RiskAdvisory
US LEC to Acquire FASTNET for $8.5 Million
Sapiens Receives $17 Million Stock Offering
Metabolon, Qualyst Name Medical Pioneers to Scientific Advisory Boards
Duke University Hospital to Test Polyglot Systems' Translation Technology
Jan Bouten Joins The Aurora Funds as an Associate
Inspire Pharmaceuticals Inks Co-Promotion Agreement with Allergan
SAS Acquires Canada's RiskAdvisory
US LEC to Acquire FASTNET for $8.5 Million
Sapiens Receives $17 Million Stock Offering
December 8, 2003
Mi-Co Inks Deal with European Firm eMiddleware
Strategic Technologies Partners with Maryland's Metastorm
Tranzyme Expands Agreement with NeoGenesis Pharmaceuticals
Raindrop Geomagic Awarded $100,000 Grant from National Science Foundation
Qualyst Receives $160,000 Grant from N.C. Biotech Center, Kenan Institute
FormRouter Raises $1 Million Private Round
Opsware to Acquire Cary's Tangram Enterprise Solutions
Sicel Technologies Closes “Up-Round” of Funding
Mi-Co Inks Deal with European Firm eMiddleware
Strategic Technologies Partners with Maryland's Metastorm
Tranzyme Expands Agreement with NeoGenesis Pharmaceuticals
Raindrop Geomagic Awarded $100,000 Grant from National Science Foundation
Qualyst Receives $160,000 Grant from N.C. Biotech Center, Kenan Institute
FormRouter Raises $1 Million Private Round
Opsware to Acquire Cary's Tangram Enterprise Solutions
Sicel Technologies Closes “Up-Round” of Funding
November 24, 2003
Entrepreneurs On-Air Challenge Raises Money for WUNC-FM Radio
Salix, Inspire and POZEN Added to NASDAQ Biotechnology Index
Ziptronix Announces Distribution Relationship with Japan's Sumitomo
Art.com Partners with Amazon.com
Pinpoint, PalmGear Ink Wireless Data Agreement
Aurora's Doug Gooding joins Regado Biosciences as President
Salix Pharmaceuticals Completes Private Placement
Ephinay Nets $10 Million Investment
FormRouter Raises $1 Million Private Round
Entrepreneurs On-Air Challenge Raises Money for WUNC-FM Radio
Salix, Inspire and POZEN Added to NASDAQ Biotechnology Index
Ziptronix Announces Distribution Relationship with Japan's Sumitomo
Art.com Partners with Amazon.com
Pinpoint, PalmGear Ink Wireless Data Agreement
Aurora's Doug Gooding joins Regado Biosciences as President
Salix Pharmaceuticals Completes Private Placement
Ephinay Nets $10 Million Investment
FormRouter Raises $1 Million Private Round
November 17, 2003
CED's Monica Doss Receives 2003 Goodmon Award for Leadership
UNC Kenan-Flagler Center for Entrepreneurship Changes Name, Focus
Aurora Funds Names First Entrepreneur-in-Residence
Serenex, Roche Sign Research Agreement
AlphaVax AIDS Vaccine Begins Trial in South Africa
Salix Pharmaceuticals Completes Private Placement
Ephinay Nets $10 Million Investment
US LEC Completes $10 Million Private Placement
Arsenal Digital Solutions Closes $11 Million in Debt Financing
CED's Monica Doss Receives 2003 Goodmon Award for Leadership
UNC Kenan-Flagler Center for Entrepreneurship Changes Name, Focus
Aurora Funds Names First Entrepreneur-in-Residence
Serenex, Roche Sign Research Agreement
AlphaVax AIDS Vaccine Begins Trial in South Africa
Salix Pharmaceuticals Completes Private Placement
Ephinay Nets $10 Million Investment
US LEC Completes $10 Million Private Placement
Arsenal Digital Solutions Closes $11 Million in Debt Financing
November 10, 2003
Interactive Multimedia Solutions Announces Affiliate Marketing Program
Corning, IBM Partner on $20 Million Dept. of Energy Project
N.C. State Awarded $920,000 Grant from National Science Foundation
Salix Obtains Exclusive Rights to aaiPharma's Drug Azasan
Charlotte's HRAmerica Acquires The Avenue Group
Interactive Multimedia Solutions Announces Affiliate Marketing Program
Corning, IBM Partner on $20 Million Dept. of Energy Project
N.C. State Awarded $920,000 Grant from National Science Foundation
Salix Obtains Exclusive Rights to aaiPharma's Drug Azasan
Charlotte's HRAmerica Acquires The Avenue Group
November 3, 2003
CEM, Synthematix Ink Strategic Agreement
Research Triangle Software Lands Clarkston Consulting as New Client
MCNC Launches Grid Computing Initiative
Raindrop Geomagic Acquires Cadmus Consulting
LVL7 Systems Lands $15.8 Million Second Round
CEM, Synthematix Ink Strategic Agreement
Research Triangle Software Lands Clarkston Consulting as New Client
MCNC Launches Grid Computing Initiative
Raindrop Geomagic Acquires Cadmus Consulting
LVL7 Systems Lands $15.8 Million Second Round
October 28, 2003
RTI International, SAS Sign Research Agreement
Two Area Companies Ink Separate Deals with California's Affymetrix
3 NC Companies Ranked Among "200 Best Small Companies in America"
Salix Partners with Korean Pharmaceutical Company
AlphaVax Gets $16.8 Million Grant
FWV Acquires Mid-Eye Marketing
Raindrop Geomagic Acquires Cadmus Consulting
LVL7 Systems Lands $15.8 Million Second Round
RTI International, SAS Sign Research Agreement
Two Area Companies Ink Separate Deals with California's Affymetrix
3 NC Companies Ranked Among "200 Best Small Companies in America"
Salix Partners with Korean Pharmaceutical Company
AlphaVax Gets $16.8 Million Grant
FWV Acquires Mid-Eye Marketing
Raindrop Geomagic Acquires Cadmus Consulting
LVL7 Systems Lands $15.8 Million Second Round
October 20, 2003
18 NC-based Companies Make Fast 500 Rankings; 3 Named to “Rising Star” List
SmartPath, E.piphany Ink Software Deal
Two Area Companies - ChemCodes, FutureMedia - Change Names
Springboard Signs Deal with I-Silver
BioMarck Lands $2.43 Million From Private Investors
Buoy5 Acquires Clear Vision Group
SnowFin Acquires iO Systems, Expands Operations Overseas
18 NC-based Companies Make Fast 500 Rankings; 3 Named to “Rising Star” List
SmartPath, E.piphany Ink Software Deal
Two Area Companies - ChemCodes, FutureMedia - Change Names
Springboard Signs Deal with I-Silver
BioMarck Lands $2.43 Million From Private Investors
Buoy5 Acquires Clear Vision Group
SnowFin Acquires iO Systems, Expands Operations Overseas
October 13, 2003
MCNC Hosts Industry Day Events Across the State
r+m creative President Named to National Magazine's Advisory Board
UNC Receives $75,000 Grant From Bayer Biological Products
Duke Medical Center Awarded $3.4 Million
FDA Accepts POZEN's New Drug Application Filing
Oriel Therapeutics Raises $2 Million, Also Grants Stock to UNC-Chapel Hill
SAS Acquires Massachusetts-based Marketmax
BioMarck Lands $2.43 Million From Private Investors
MCNC Hosts Industry Day Events Across the State
r+m creative President Named to National Magazine's Advisory Board
UNC Receives $75,000 Grant From Bayer Biological Products
Duke Medical Center Awarded $3.4 Million
FDA Accepts POZEN's New Drug Application Filing
Oriel Therapeutics Raises $2 Million, Also Grants Stock to UNC-Chapel Hill
SAS Acquires Massachusetts-based Marketmax
BioMarck Lands $2.43 Million From Private Investors
October 3, 2003
Paradigm Genetics, UNC-Chapel Hill Sign Research Agreement
Tranzyme Receives $300,000 in SBIR, STTR Grants
AlphaVax Gets Two NIH Biodefense Grants Totaling $16.6 Million
Clarkston Consulting Acquires QC Data's Health Informatics Division
Constella Group Acquires Resource Solutions
Oriel Therapeutics Raises $2 Million, Also Grants Stock to UNC-Chapel Hill
Paradigm Genetics, UNC-Chapel Hill Sign Research Agreement
Tranzyme Receives $300,000 in SBIR, STTR Grants
AlphaVax Gets Two NIH Biodefense Grants Totaling $16.6 Million
Clarkston Consulting Acquires QC Data's Health Informatics Division
Constella Group Acquires Resource Solutions
Oriel Therapeutics Raises $2 Million, Also Grants Stock to UNC-Chapel Hill
September 29, 2003
TogetherSoft Veterans Launch RedPelican
ChemCodes, Roche Complete First Drug Development Deal
Engineous Software Awarded Two Government Contracts
Kucera, Tranzyme Receive Grants from NC Biotech Center
NC Biotech Center Names Head of Western NC Office
Clarkston Consulting Acquires QC Data's Health Informatics Division
RTP's Mirador Systems Acquired by Virginia Firm
SpectraSite Announces Secondary Offering of Common Stock
TogetherSoft Veterans Launch RedPelican
ChemCodes, Roche Complete First Drug Development Deal
Engineous Software Awarded Two Government Contracts
Kucera, Tranzyme Receive Grants from NC Biotech Center
NC Biotech Center Names Head of Western NC Office
Clarkston Consulting Acquires QC Data's Health Informatics Division
RTP's Mirador Systems Acquired by Virginia Firm
SpectraSite Announces Secondary Offering of Common Stock
September 22, 2003
Triangle Ranked #6 Nationally in Software Employment
Semiconductor Research Corp. Awards Grants to Universities
Aurora Brings in New Life Science Associate
Zen-Bio Receives $100,000 SBIR Grant
Pinpoint's Jud Bowman Recognized Among 100 Top Young Innovators
Chimerix Receives $36 Million Grant, $3.1 Million Private Equity
Cary's Inveresk Plans to Sell Common Shares of Stock
Incara Signs $5 Million Financing Agreement
Triangle Ranked #6 Nationally in Software Employment
Semiconductor Research Corp. Awards Grants to Universities
Aurora Brings in New Life Science Associate
Zen-Bio Receives $100,000 SBIR Grant
Pinpoint's Jud Bowman Recognized Among 100 Top Young Innovators
Chimerix Receives $36 Million Grant, $3.1 Million Private Equity
Cary's Inveresk Plans to Sell Common Shares of Stock
Incara Signs $5 Million Financing Agreement
September 15, 2003
FDA Approves aaiPharma's Pain Treatment
Durham's bioMérieux Gets FDA Clearance
Inspire's Dry Eye Treatment Receives Positive Reviews
Raindrop Geomagic Awarded $2 Million Grant
Targacept Wins $2 Million NIST Grant
Qualyst Nets Series A Financing
Morrisville's etrials Worldwide Raises $2.5 Million
Chimerix Receives $36 Million Grant, $3.1 Million Private Equity
FDA Approves aaiPharma's Pain Treatment
Durham's bioMérieux Gets FDA Clearance
Inspire's Dry Eye Treatment Receives Positive Reviews
Raindrop Geomagic Awarded $2 Million Grant
Targacept Wins $2 Million NIST Grant
Qualyst Nets Series A Financing
Morrisville's etrials Worldwide Raises $2.5 Million
Chimerix Receives $36 Million Grant, $3.1 Million Private Equity
September 8, 2003
Sustainable Jobs Funds Changes Name to SJF Venture
Wachovia Foundation Donates $2 Million to UNC-Chapel Hill
Icagen Completes Patient Enrollment for Phase II Clinical Trial
POZEN Signs Licensing Deal to Commercialize Migraine Drug
Qualyst Nets Series A Financing
Morrisville's etrials Worldwide Raises $2.5 Million
Sustainable Jobs Funds Changes Name to SJF Venture
Wachovia Foundation Donates $2 Million to UNC-Chapel Hill
Icagen Completes Patient Enrollment for Phase II Clinical Trial
POZEN Signs Licensing Deal to Commercialize Migraine Drug
Qualyst Nets Series A Financing
Morrisville's etrials Worldwide Raises $2.5 Million
September 2, 2003
Phase Bioscience Receives SBIR Grant
Western NC's First Venture Conference to be Held Sept. 4
Bayer, GSK Receive Positive Approvals from FDA
N.C. Biotechnology Center Names Triad Office Director
Engineous Software Raises $5.8 Million
BioStratum Closes $9.5 Million Bridge Financing, Names New CEO
Biolex Lands $24.4 Million Venture Capital Round
Phase Bioscience Receives SBIR Grant
Western NC's First Venture Conference to be Held Sept. 4
Bayer, GSK Receive Positive Approvals from FDA
N.C. Biotechnology Center Names Triad Office Director
Engineous Software Raises $5.8 Million
BioStratum Closes $9.5 Million Bridge Financing, Names New CEO
Biolex Lands $24.4 Million Venture Capital Round
August 25, 2003
ChemCodes Inks Deals With California's VM Discovery
Ribonomics Receives $420,000 Grant from Dept. of Defense
Incara Pharmaceuticals Wins $850,000 SBIR Grant
Wake Forest University Establishes Tech Transfer Firm
Engineous Software Raises $5.8 Million
BioStratum Closes $9.5 Million Bridge Financing, Names New CEO
Biolex Lands $24.4 Million Venture Capital Round
ChemCodes Inks Deals With California's VM Discovery
Ribonomics Receives $420,000 Grant from Dept. of Defense
Incara Pharmaceuticals Wins $850,000 SBIR Grant
Wake Forest University Establishes Tech Transfer Firm
Engineous Software Raises $5.8 Million
BioStratum Closes $9.5 Million Bridge Financing, Names New CEO
Biolex Lands $24.4 Million Venture Capital Round
August 18, 2003
Raleigh Named Best Place to Live in America
Inspire Receives Good News From Dry Eye Study
etrials Lands $3.7 Million Contract
Meyers Bigel Ranks #9 Nationally in Patent Quality Survey
r+m creative Helps NCDOT Launch New Web Site for Cyclists, Pedestrians
Intersouth Partners Names New Partner
BB&T Plans to Acquire Raleigh's Surety Land Title
Wachovia to Acquire Lend Lease Mortgage Capital
Raleigh Named Best Place to Live in America
Inspire Receives Good News From Dry Eye Study
etrials Lands $3.7 Million Contract
Meyers Bigel Ranks #9 Nationally in Patent Quality Survey
r+m creative Helps NCDOT Launch New Web Site for Cyclists, Pedestrians
Intersouth Partners Names New Partner
BB&T Plans to Acquire Raleigh's Surety Land Title
Wachovia to Acquire Lend Lease Mortgage Capital
August 11, 2003
Serenex Signs Research Agreement with Eli Lilly
2003 N.C. Technology Fast 50 Winners Announced
Inaugural Entrepreneurship Conference Coming to Asheville on Sept. 2-4
Biotech Training Initiative Receives $64.5 Million Commitment
CED Recognizes Entrepreneurial Excellence Award Winners
Wilmington's aaiPharma to Merge with CIMA
LipoScience Secures $15 Million Round of Funding
OncoGenome Completes $16 Million Round, Changes Name
Serenex Signs Research Agreement with Eli Lilly
2003 N.C. Technology Fast 50 Winners Announced
Inaugural Entrepreneurship Conference Coming to Asheville on Sept. 2-4
Biotech Training Initiative Receives $64.5 Million Commitment
CED Recognizes Entrepreneurial Excellence Award Winners
Wilmington's aaiPharma to Merge with CIMA
LipoScience Secures $15 Million Round of Funding
OncoGenome Completes $16 Million Round, Changes Name
August 4, 2003
IBM Signs $1.1 Billion Information Systems Contract with ABB
AlphaVax Begins Human Trials for Possible AIDS Vaccine
POZEN Files New Drug Application for Migraine Drug
Inspire's Dry Eye Drug Receives Priority Review Status from FDA
N.C. Rises to Fourth in Nation in Small Business Technology Transfer Awards
Survey: Second Quarter Venture Investments Increase
Inveresk Acquires PharmaResearch for $37.1 Million
Incara Pharmaceuticals Obtains Financing
Metabolon Raises $4 Million in Venture Capital
IBM Signs $1.1 Billion Information Systems Contract with ABB
AlphaVax Begins Human Trials for Possible AIDS Vaccine
POZEN Files New Drug Application for Migraine Drug
Inspire's Dry Eye Drug Receives Priority Review Status from FDA
N.C. Rises to Fourth in Nation in Small Business Technology Transfer Awards
Survey: Second Quarter Venture Investments Increase
Inveresk Acquires PharmaResearch for $37.1 Million
Incara Pharmaceuticals Obtains Financing
Metabolon Raises $4 Million in Venture Capital
July 28, 2003
Kauffman Foundation Reports on Minorities and Venture Capital
Cree Acquires Silicon Carbide Patents from ABB
SciQuest Returns to Nasdaq National Market
SpectraSite Files for Secondary Offering
Southern Capitol Ventures Closes $4.5 Million First Fund
Nitronex Nets $11.3 Million Third Round
Kauffman Foundation Reports on Minorities and Venture Capital
Cree Acquires Silicon Carbide Patents from ABB
SciQuest Returns to Nasdaq National Market
SpectraSite Files for Secondary Offering
Southern Capitol Ventures Closes $4.5 Million First Fund
Nitronex Nets $11.3 Million Third Round
July 21, 2003
RDU Ranks Fourth Among Top 20 Cities for Tech Expansion
ADMETech Changes Name to Qualyst
MainBrain Gives N.C. Schools Grant Money to Buy Software
POZEN to Receive $25 Million Initial Payment from GSK
New Genome Research Center Created in N.C.
Kyma Technologies Receives $1 Million from Federal Agencies
For Second Year in a Row, Research Triangle Voted Best Place to Live and Work
Quintiles Participates in Genetronics' $15.67 Million Financing
New Jersey Company Acquires Durham's YellowBrick Solutions
Wilmington's PPD to Buy Eminent Research and Clinsights for $25 Million
RDU Ranks Fourth Among Top 20 Cities for Tech Expansion
ADMETech Changes Name to Qualyst
MainBrain Gives N.C. Schools Grant Money to Buy Software
POZEN to Receive $25 Million Initial Payment from GSK
New Genome Research Center Created in N.C.
Kyma Technologies Receives $1 Million from Federal Agencies
For Second Year in a Row, Research Triangle Voted Best Place to Live and Work
Quintiles Participates in Genetronics' $15.67 Million Financing
New Jersey Company Acquires Durham's YellowBrick Solutions
Wilmington's PPD to Buy Eminent Research and Clinsights for $25 Million
July 14, 2003
Nebraska Hospital System Picks A4's Technology
FDA Approves Synthon's Paroxetine Drug
POZEN Receives Expanded Patent Coverage for MT 400 Technology
UNC Receives $5 Million to Establish Genetics Research Center
Dogwood Equity Acquires Harmony Laboratories
Durham's Source Food Technology Receives $1 Million
Infowave Completes Acquisition of Cary's HiddenMind
Greensboro's APEX Analytix Raises $7 Million
Nebraska Hospital System Picks A4's Technology
FDA Approves Synthon's Paroxetine Drug
POZEN Receives Expanded Patent Coverage for MT 400 Technology
UNC Receives $5 Million to Establish Genetics Research Center
Dogwood Equity Acquires Harmony Laboratories