Atlanta, GA - NeurOp Corporation today announced a collaboration with Bristol-Myers Squibb Company (NYSE: BMY) focused upon the development of NeurOp’s proprietary small molecules for use in the treatment of major depression and other central nervous system disorders. (more…)

Knoxville, TN – Provetcus Pharmaceuticals (OTC BB: PVCT) has raised $8 million of a projected $10 million mixed securities private placement. The company is developing small molecule drugs that selectively target cancer cells and has ongoing clinical trials of treatments for metastatic melanoma, recurrent breast cancer and severe psoriasis. (more…)

Oak Ridge, TN – Meritus Ventures is the only venture capital firm between Cincinnati and Atlanta and between the NC Research Triangle and Nashville, says Grady Vanderhoofven, a partner and fund manager with Meritus. “It’s a big, wide open, tech rich area in a capital starved region,” he says. (more…)

Alpharetta, GA - Carticept Medical, Inc., a developer of innovative products for the treatment of cartilage injuries and osteoarthritis, has completed a $20 million Series B financing round from new investor SonoSite Inc. and returning backers Domain Associates and New Enterprise Associates. (more…)

Newport News, VA - Soluble Systems has raised $1,260,000 from three investors in an open debt and securities financing, according to a regulatory filing. The company sells the TheraGauze polymer wound care dressing that regulates moisture at the wound site. (more…)

Blacksburg, VA – Intrexon Corp., which has developed DNA control systems, is on a fund-raising roll. The company, which raised $25 million in December 2009, has closed on another $17.4 million from 40 investors, according to a filing with the U.S. Securities and Exchange Commission. (more…)