Southeast BIO (SEBIO), a regional nonprofit organization dedicated to fostering the growth of the Southeast’s life sciences industry, announced the selection of four finalists in its third annual BIO/Plan Competition. The final four competitors are: EpiEP (University of Virginia); NeuroScience Pharmaceuticals (Duke University); Restorative Physiology Group (Medical University of South Carolina); and Compliant Therapeutics (Vanderbilt University). (more…)

Atlanta, GA - Sciele Pharma Inc. is acquiring Durham, NC-based Addrenx Pharmaceuticals Inc. in a deal worth $29 million. (more…)

Richmond, VA - Harbert Venture Partners II (HVP) has raised $56,275,000 of a fund targeted at $150 million, according to a regulatory filing. HVP provides growth capital to early stage information technology and healthcare companies primarily across the Southeast. (more…)

Atlanta, GA - Alimera Sciences Inc., an ophthalmic pharmaceutical firm, has refiled for an $80 million initial public offering of stock. The company withdrew registration for a $75 million IPO earlier this year due to market conditions at the time. (more…)