CED News
December 17, 2007
Optimal Technologies to Relocate Corporate HQ to Raleigh
SC Launch! Receives $650,000 Grant from Progress Energy
Targacept Receives $6M Payment from GSK, Begins Phase I Trial of Neuropathic Pain Treatment
SCYNEXIS Earns Milestone Payment from Collaborator Merial
Chimerix Initiates Trial for Smallpox Infection Treatment
Inlet Technologies Raises $3M from Investors
Cempra Pharmaceuticals Raises Additional $10M
Arcapita Co-Leads $15.5M Investment in RFID Company
Optimal Technologies to Relocate Corporate HQ to Raleigh
SC Launch! Receives $650,000 Grant from Progress Energy
Targacept Receives $6M Payment from GSK, Begins Phase I Trial of Neuropathic Pain Treatment
SCYNEXIS Earns Milestone Payment from Collaborator Merial
Chimerix Initiates Trial for Smallpox Infection Treatment
Inlet Technologies Raises $3M from Investors
Cempra Pharmaceuticals Raises Additional $10M
Arcapita Co-Leads $15.5M Investment in RFID Company
December 10, 2007
Novartis, MorphoSys Enter into $1B Development Agreement
FDA Clears CONFIDANT for OTC Sales of Mobile Disease Management System
Targacept Begins Phase I Trials for Neuropathic Pain Treatment
Serenex Begins Second Phase I Trials for Cancer Treatment
Metastatix Launches Phase I Clinical Trial of Potential Cancer Drug
RTI Lands $2M Grant from the U.S. Dept. of Energy for Biofuels Project
Red Hat Earns 4th Consecutive “Most Valuable Software Vendor” Label in 2007 CIO Insight Study
Arsenal Digital to be Acquired by IBM
CEI Awarded SBIR Grant from U.S. Army
PHB Gets $250K Loan from NC Biotechnology Center
InnerOptic Slated to Raise $370K in Venture Funding
Arcapita Leads $33M Round of Funding for CardioMEMS
Novartis, MorphoSys Enter into $1B Development Agreement
FDA Clears CONFIDANT for OTC Sales of Mobile Disease Management System
Targacept Begins Phase I Trials for Neuropathic Pain Treatment
Serenex Begins Second Phase I Trials for Cancer Treatment
Metastatix Launches Phase I Clinical Trial of Potential Cancer Drug
RTI Lands $2M Grant from the U.S. Dept. of Energy for Biofuels Project
Red Hat Earns 4th Consecutive “Most Valuable Software Vendor” Label in 2007 CIO Insight Study
Arsenal Digital to be Acquired by IBM
CEI Awarded SBIR Grant from U.S. Army
PHB Gets $250K Loan from NC Biotechnology Center
InnerOptic Slated to Raise $370K in Venture Funding
Arcapita Leads $33M Round of Funding for CardioMEMS
December 3, 2007
FDA, Duke Collaborate on Clinical Trials Modernization
Duke, NCSU Scientists Garner Photonics Consortium Grants
NCSU Virtual Computing Lab Accepts $2.4 Million Gift from Intel
Inspire Launches Phase III Clinical Trials for Nasal Spray
Southern Capitol Ventures Participates in $4 Million Series B Round for Baltimore Company
Oriel Therapeutics Raises $26.5 Million in VC Funding
BluePhoenix Raises $35 Million in Private Stock Placement
FDA, Duke Collaborate on Clinical Trials Modernization
Duke, NCSU Scientists Garner Photonics Consortium Grants
NCSU Virtual Computing Lab Accepts $2.4 Million Gift from Intel
Inspire Launches Phase III Clinical Trials for Nasal Spray
Southern Capitol Ventures Participates in $4 Million Series B Round for Baltimore Company
Oriel Therapeutics Raises $26.5 Million in VC Funding
BluePhoenix Raises $35 Million in Private Stock Placement
November 26, 2007
BioMarck Pharmaceuticals Awarded Patent Protection
Argos Therapeutics Enters Into Licensing Agreement with J&J Subsidiary
Biogen Idec Partners with Swiss Company on Development of Alzheimer’s Treatment
Red Hat Extends Collaboration with Hyperic on Common Systems Management Technology
Southern Capitol Ventures Participates in $4 Million Series B Round for Baltimore Company
Oriel Therapeutics Raises $26.5 Million in VC Funding
BluePhoenix Raises $35 Million in Private Stock Placement
GSK Acquires NJ Pharma Company for $1.65 Billion
BioMarck Pharmaceuticals Awarded Patent Protection
Argos Therapeutics Enters Into Licensing Agreement with J&J Subsidiary
Biogen Idec Partners with Swiss Company on Development of Alzheimer’s Treatment
Red Hat Extends Collaboration with Hyperic on Common Systems Management Technology
Southern Capitol Ventures Participates in $4 Million Series B Round for Baltimore Company
Oriel Therapeutics Raises $26.5 Million in VC Funding
BluePhoenix Raises $35 Million in Private Stock Placement
GSK Acquires NJ Pharma Company for $1.65 Billion
November 19, 2007
Smith Anderson's Mason Participates in UNC Kenan-Flagler Undergraduate Business Symposium
NCSU Teams Up with Xerox in Professional and Innovation Management Course Development
RTI International Awarded $6.8 Million for Genetics Research
Centice Closes on $11.3 Million
Firethorn Acquired by Qualcomm for $210 Million
RFMD Acquires Sirenza Microdevices for $900 Million
Smith Anderson's Mason Participates in UNC Kenan-Flagler Undergraduate Business Symposium
NCSU Teams Up with Xerox in Professional and Innovation Management Course Development
RTI International Awarded $6.8 Million for Genetics Research
Centice Closes on $11.3 Million
Firethorn Acquired by Qualcomm for $210 Million
RFMD Acquires Sirenza Microdevices for $900 Million
November 12, 2007
NC Biotechnology Center Grants $100K to Establish State’s First Center of Innovation
BDSI Files New Drug Application for BEMA Fentanyl
Addrenex, Sciele Begin Phase III Clinical Trials for ADHD Treatment
Metastatix Receives FDA Approval to Start Phase I Clinical Trial on Tumor Treatment
Hamner Institutes Receives $970,000 Grant
NCSU Centennial Campus Ranked No. 1 Research Science Park
NC Ranks No. 1 in U.S. for Business Relocation and Expansion
EMC2 Acquires Texas Software Company
Targacept Approves $2 Million License Agreement with AstraZeneca
Chrysalis Ventures Invests $2.5 Million in VoIP Company
Piedmont Pharmaceuticals Raises $8.5 Million
LED Lighting Fixtures Raises $16.5 Million
Tranzyme Closes $20 Million Round of Funding
Updata Partners Participates in $28 Million Investment in VA HHS Software Company
Chelsea Therapeutics Raises $48.9 Million in Private Placement Deal
NC Biotechnology Center Grants $100K to Establish State’s First Center of Innovation
BDSI Files New Drug Application for BEMA Fentanyl
Addrenex, Sciele Begin Phase III Clinical Trials for ADHD Treatment
Metastatix Receives FDA Approval to Start Phase I Clinical Trial on Tumor Treatment
Hamner Institutes Receives $970,000 Grant
NCSU Centennial Campus Ranked No. 1 Research Science Park
NC Ranks No. 1 in U.S. for Business Relocation and Expansion
EMC2 Acquires Texas Software Company
Targacept Approves $2 Million License Agreement with AstraZeneca
Chrysalis Ventures Invests $2.5 Million in VoIP Company
Piedmont Pharmaceuticals Raises $8.5 Million
LED Lighting Fixtures Raises $16.5 Million
Tranzyme Closes $20 Million Round of Funding
Updata Partners Participates in $28 Million Investment in VA HHS Software Company
Chelsea Therapeutics Raises $48.9 Million in Private Placement Deal
October 30, 2007
Targacept Plans to Advance TC-5214 as Augmentation Therapy for Depression
Lab Corp Partners with New Jersey Firm in Genomics Exploration
BTEC Awarded $455,000 FDA Grant
WUNC Entrepreneurs Challenge Generates over $11,000
Quintiles Latin America Acquires Bio-Trials
PhaseBio Lands Additional $5.4 Million in Funding
Vitrue Closes on $10 Million Series B Funding
Cisco Acquires WiMax Wireless Technology
Targacept Plans to Advance TC-5214 as Augmentation Therapy for Depression
Lab Corp Partners with New Jersey Firm in Genomics Exploration
BTEC Awarded $455,000 FDA Grant
WUNC Entrepreneurs Challenge Generates over $11,000
Quintiles Latin America Acquires Bio-Trials
PhaseBio Lands Additional $5.4 Million in Funding
Vitrue Closes on $10 Million Series B Funding
Cisco Acquires WiMax Wireless Technology
October 23, 2007
eTrials Partners with TransPerfect on Translation Services
Entegrion Awarded $2 Million for Development of Trauma Treatment
Local Universities Receive Federal Grants for Genomics Research
UNCW Earns Ranking on Princeton Review’s “Best” List
Biolex Therapeutics Releases Phase 2a Clinical Results for Hepatitis C Treatment
Oriel Therapeutics Raises Third Round of Funding
Aurora Funds Participates in $20 Million Investment in GA-based Pharma Company
Tengion Raises $33 Million in Third Round
Motricity to Acquire InfoSpace Mobile Services Division for $135 Million
Arysta LifeScience Sold to Permira Advisers for $2.2 Billion
eTrials Partners with TransPerfect on Translation Services
Entegrion Awarded $2 Million for Development of Trauma Treatment
Local Universities Receive Federal Grants for Genomics Research
UNCW Earns Ranking on Princeton Review’s “Best” List
Biolex Therapeutics Releases Phase 2a Clinical Results for Hepatitis C Treatment
Oriel Therapeutics Raises Third Round of Funding
Aurora Funds Participates in $20 Million Investment in GA-based Pharma Company
Tengion Raises $33 Million in Third Round
Motricity to Acquire InfoSpace Mobile Services Division for $135 Million
Arysta LifeScience Sold to Permira Advisers for $2.2 Billion
October 17, 2007
Arbor Pharmaceuticals to Partner with Campbell University on Pediatric Treatment
eTrials Partners with TransPerfect on Translation Services
Entegrion Awarded $2 Million for Development of Trauma Treatment
Local Universities Receive Federal Grants for Genomics Research
INC Research to Add 1,100 Jobs in Raleigh
Advanced Solutions Acquires Cadre Systems
Align Pharmaceuticals Acquired by Cyclacel
DARA Biosciences Acquires Point Therapeutics in Reverse Merger
Oriel Therapeutics Raises Third Round of Funding
Frontier Capital Invests $6.5 Million in M3TG
Aurora Funds Participates in $20 Million Investment in GA-based Pharma Company
Tengion Raises $33 Million in Third Round
Motricity to Acquire InfoSpace Mobile Services Division for $135 Million
Arbor Pharmaceuticals to Partner with Campbell University on Pediatric Treatment
eTrials Partners with TransPerfect on Translation Services
Entegrion Awarded $2 Million for Development of Trauma Treatment
Local Universities Receive Federal Grants for Genomics Research
INC Research to Add 1,100 Jobs in Raleigh
Advanced Solutions Acquires Cadre Systems
Align Pharmaceuticals Acquired by Cyclacel
DARA Biosciences Acquires Point Therapeutics in Reverse Merger
Oriel Therapeutics Raises Third Round of Funding
Frontier Capital Invests $6.5 Million in M3TG
Aurora Funds Participates in $20 Million Investment in GA-based Pharma Company
Tengion Raises $33 Million in Third Round
Motricity to Acquire InfoSpace Mobile Services Division for $135 Million
October 8, 2007
Hamner Institutes Receives Diabetes Research Grant
NIST Awards HexaTech and Liquidia Each $2 Million for R&D Projects
RTI International Lands $3 Million Federal Contract
Salix Pharmaceuticals Licenses Rights to Market Treatment in France
Teleflex Medical Acquires Med Device Company
Hamner Institutes Receives Diabetes Research Grant
NIST Awards HexaTech and Liquidia Each $2 Million for R&D Projects
RTI International Lands $3 Million Federal Contract
Salix Pharmaceuticals Licenses Rights to Market Treatment in France
Teleflex Medical Acquires Med Device Company
October 1, 2007
PRA International Relocating to Raleigh
Hamner Institutes Awarded $450,000 Cancer Research Grant
Murdock Donates $35 Million to Duke University Medical School
Preation Acquires eWeb Designs
SJF Invests $1.5 Million in Organic Pizza Company
Overture Secures $12.3 Million in Series C Funding
Hatteras Investment Partners Raising $500 Million Fund
PRA International Relocating to Raleigh
Hamner Institutes Awarded $450,000 Cancer Research Grant
Murdock Donates $35 Million to Duke University Medical School
Preation Acquires eWeb Designs
SJF Invests $1.5 Million in Organic Pizza Company
Overture Secures $12.3 Million in Series C Funding
Hatteras Investment Partners Raising $500 Million Fund
September 24, 2007
Biogen Idec Partners with LigoCyte on Anti-inflammatory Drug Development
Xintek Partners with Siemens to Develop New X-ray Technologies
Trana Discovery develops tRNA HTS Assay Platform for Treatment of HIV
Network Appliance to Build Research Data Center
FDA Grants Approval to Alba Bioscience for Blood Grouping Reagents
Biomanufacturing Training and Education Center Opens on NCSU Centennial Campus
GlaxoSmithKline Awarded $41 Million Government Contract for Development of Antibiotics
RTP-based ChannelAdvisor Acquires Atlanta Firm
Aldagen Raises $9 Million More in Third Round
Echo Therapeutics Merges with Sontra Medical Corp.
Biogen Idec Partners with LigoCyte on Anti-inflammatory Drug Development
Xintek Partners with Siemens to Develop New X-ray Technologies
Trana Discovery develops tRNA HTS Assay Platform for Treatment of HIV
Network Appliance to Build Research Data Center
FDA Grants Approval to Alba Bioscience for Blood Grouping Reagents
Biomanufacturing Training and Education Center Opens on NCSU Centennial Campus
GlaxoSmithKline Awarded $41 Million Government Contract for Development of Antibiotics
RTP-based ChannelAdvisor Acquires Atlanta Firm
Aldagen Raises $9 Million More in Third Round
Echo Therapeutics Merges with Sontra Medical Corp.
September 17, 2007
SRC and NIST Partner to Develop Nanoelectronics Technology
GlaxoSmithKline Purchases Rights to Sell Sleep Drug
UNC Research Center Awarded $10 Million in Federal Funding
RTP-based ChannelAdvisor Acquires Atlanta Firm
Bioptigen Raises $500,000 in Angel Funding
Aldagen Raises $9 Million More in Third Round
SRC and NIST Partner to Develop Nanoelectronics Technology
GlaxoSmithKline Purchases Rights to Sell Sleep Drug
UNC Research Center Awarded $10 Million in Federal Funding
RTP-based ChannelAdvisor Acquires Atlanta Firm
Bioptigen Raises $500,000 in Angel Funding
Aldagen Raises $9 Million More in Third Round
September 9, 2007
NC General Assembly Funds $5 Million for Oxford Biofuels Center
Global Knowledge Acquires Synergy Professional Services
Icagen Begins Phase I Study for Treatment of Epilepsy
Pozen Signs Deal with AstraZeneca for $345 Million
BDSI Signs $60 Million License Agreement with Meda
ParagonDx Acquires Gentris Diagnostics, Inc.
NovaQuest Invests $25 Million in TOPIGEN Pharmaceuticals
NanoCor Raises $3.75 Million from Medtronic
Intersouth Invests in Massachusetts BioPharma Company
NC General Assembly Funds $5 Million for Oxford Biofuels Center
Global Knowledge Acquires Synergy Professional Services
Icagen Begins Phase I Study for Treatment of Epilepsy
Pozen Signs Deal with AstraZeneca for $345 Million
BDSI Signs $60 Million License Agreement with Meda
ParagonDx Acquires Gentris Diagnostics, Inc.
NovaQuest Invests $25 Million in TOPIGEN Pharmaceuticals
NanoCor Raises $3.75 Million from Medtronic
Intersouth Invests in Massachusetts BioPharma Company
September 4, 2007
Two Triangle Universities Ranked Among Nation’s Best for Entrepreneurship
Misys Healthcare and iMedica Team Up to Accelerate Healthcare IT Adoption
BioSignia Builds Strategic Partnership with Park Dansan
LipoScience, BioReference Laboratories Collaborate on Cardiovascular Testing
SPX Service Solutions to Acquire Matra-Werke GmbH
ParagonDx Acquires Gentris Diagnostics, Inc.
NovaQuest Invests $25 Million in TOPIGEN Pharmaceuticals
Eli Research Inc. Receives $10 Million in Investments from BIA Digital Partners
Two Triangle Universities Ranked Among Nation’s Best for Entrepreneurship
Misys Healthcare and iMedica Team Up to Accelerate Healthcare IT Adoption
BioSignia Builds Strategic Partnership with Park Dansan
LipoScience, BioReference Laboratories Collaborate on Cardiovascular Testing
SPX Service Solutions to Acquire Matra-Werke GmbH
ParagonDx Acquires Gentris Diagnostics, Inc.
NovaQuest Invests $25 Million in TOPIGEN Pharmaceuticals
Eli Research Inc. Receives $10 Million in Investments from BIA Digital Partners
August 27, 2007
NC IDEA Seeking Grant Applications
Nexus and UIC Form Strategic Alliance
Global Compliance and PrecisionIR Group Announce Strategic Partnership
Targacept Initiates Phase IIb Development of Schizophrenia Treatment
Icagen and Pfizer Join Forces in $1 Billion Deal
BioMarck Raises $4 Million in Private Investment
Epic Games Acquires Poland-based Game Developer
3Dsolve Acquired by Lockheed Martin
NC IDEA Seeking Grant Applications
Nexus and UIC Form Strategic Alliance
Global Compliance and PrecisionIR Group Announce Strategic Partnership
Targacept Initiates Phase IIb Development of Schizophrenia Treatment
Icagen and Pfizer Join Forces in $1 Billion Deal
BioMarck Raises $4 Million in Private Investment
Epic Games Acquires Poland-based Game Developer
3Dsolve Acquired by Lockheed Martin
August 20, 2007
NC IDEA Seeking Grant Applications
Inspire Releases New Eye Treatment Drug
UpSNAP to Merge with Mobile Greetings
TheraSim and INC Research Partner to Offer Management Solutions
NCHICA Releases New Security Template for Portable Device and Removable Media
UNC-CH Cancer Center Receives $50 Million Annual Funding
BioMarck Raises $4 Million in Private Investment
Biolex Files For $80 Million IPO
Parion Sciences Enters into $156 Million Deal with Gilead
Icagen and Pfizer Join Forces in $1 Billion Deal
NC IDEA Seeking Grant Applications
Inspire Releases New Eye Treatment Drug
UpSNAP to Merge with Mobile Greetings
TheraSim and INC Research Partner to Offer Management Solutions
NCHICA Releases New Security Template for Portable Device and Removable Media
UNC-CH Cancer Center Receives $50 Million Annual Funding
BioMarck Raises $4 Million in Private Investment
Biolex Files For $80 Million IPO
Parion Sciences Enters into $156 Million Deal with Gilead
Icagen and Pfizer Join Forces in $1 Billion Deal
August 13, 2007
Kennedy Covington Makes Pledge to Campaign for Cultural Facilities
rPath Receives Award for “Most Innovative Software Idea”
Lenovo Signs Deal to Acquire Packard Bell
NC Biotech Center Awards $822,000 in Grants to Scientists
Duke's Pratt Engineering School Launches Study for Ultrasound Cancer “Alarm”
Hatteras Venture Partners Raises Additional $20 Million for Third Fund
SRA Completes Acquisition of Constella Group
Kennedy Covington Makes Pledge to Campaign for Cultural Facilities
rPath Receives Award for “Most Innovative Software Idea”
Lenovo Signs Deal to Acquire Packard Bell
NC Biotech Center Awards $822,000 in Grants to Scientists
Duke's Pratt Engineering School Launches Study for Ultrasound Cancer “Alarm”
Hatteras Venture Partners Raises Additional $20 Million for Third Fund
SRA Completes Acquisition of Constella Group
August 6, 2007
Alphavax Releases Phase I Influenza Vaccine Clinical Trial Results
Constella Awards $200,000 to Four Family Health and Wellness Programs and Orphans with HIV/AIDS
Duke University Receives $14.5 Million Grant to Open Systems Biology Center
Virtual Heroes Enters into Agreement with Epic to Advance Serious Games
Zipit Wireless Receives $4.7 Million from Multiple Investors
TranS1 Files Statement for Proposed IPO
Hatteras Venture Partners Raises Additional $20 Million for Third Fund
Alphavax Releases Phase I Influenza Vaccine Clinical Trial Results
Constella Awards $200,000 to Four Family Health and Wellness Programs and Orphans with HIV/AIDS
Duke University Receives $14.5 Million Grant to Open Systems Biology Center
Virtual Heroes Enters into Agreement with Epic to Advance Serious Games
Zipit Wireless Receives $4.7 Million from Multiple Investors
TranS1 Files Statement for Proposed IPO
Hatteras Venture Partners Raises Additional $20 Million for Third Fund
July 30, 2007
Icagen Files IND for Potential Epilepsy Treatment
RTI Partners With Nine Companies to Take Part in USAID-Funded Program
Targacept Announces Initiation of Phase I Study of TC-5619
SRC Awarded the National Medal of Technology
Biolex Collects Positive Results from Hepatitis C Clinical Trial
Targacept Signs $1.5 Billion Deal with GlaxoSmithKline
TranS1 Files Statement for Proposed IPO
RadarFind Lands $3 Million in Series B Funding
Zipit Wireless Receives $4.7 Million from Multiple Investors
R.H. Donnelley Buys Business.com for $345 Million$345 million