May 31, 2011

Funder boosts Centice’s drug technology

Filed under: Regional Venture News — admin @ 3:18 pm

ATLANTA, GA - Centice Corp. has secured $2.3 million of a $4 million fundraiser to further development of its drug identification technology. (more…)

PPD lands $45.5M Army contract

Filed under: Other Regional News — admin @ 3:08 pm

RESEARCH TRIANGLE PARK, NC - PPD Inc. (Nasdaq: PPDI) has been awarded a U.S. Army contract valued at up to $45.5 million over five years. (more…)

May 27, 2011

Trimeris gets $5M in Roche settlement

Filed under: Other Regional News — admin @ 3:20 pm

ATLANTA, GA - Trimeris Inc. (Nasdaq:TRMS) has settled a cost dispute with marketing partner F. Hoffmann-La Roche Ltd. (OTC:RHBBY) for $4.9 million. (more…)

May 25, 2011

Pozen named 2nd most efficient pharma

Filed under: Other Regional News — admin @ 3:22 pm

ATLANTA, GA - Pozen Inc. (Nasdaq: POZN) has been ranked by Comtex News Network’s SmarTrend as the second most efficient company in the pharmaceutical industry. (more…)

May 16, 2011

Merck closes on Inspire acquisition

Filed under: Uncategorized — admin @ 2:45 pm

 ATLANTA, GA - Merck has completed its acquisition of Raleigh-based Inspire Pharmaceuticals Inc., the global drug and vaccine maker announced Monday. (more…)

May 12, 2011

Opko Health boosts sales

Filed under: Other Regional News — admin @ 3:34 pm

ATLANTA, GA - Opko Health, the biotechnology firm led by entrepreneur Dr. Phillip Frost, boosted its sales in the first quarter even as its losses deepened. (more…)

May 9, 2011

SC Launch investing in 3 client companies

Filed under: Other Regional News — admin @ 1:52 pm

ATLANTA, GA - SC Launch, an SCRA affiliate, today announced that three client companies will receive investments in undisclosed amounts for their continuing projects. Greenville-based Dannar, Columbia-based Senex Biotechnology and Charleston-based Madeira Therapeutics will each receive SC Launch funds after presentation to and subsequent approval by the SC Launch Board of Directors. (more…)

May 6, 2011

Phthisis Diagnostics Raises $450,000 Series A Funding Round

Filed under: Regional Venture News — admin @ 2:42 pm

Charlottesville, VA – Phthisis Diagnostics, Inc, announced today a fresh round of funding that will enable the company to immediately launch their first product, The E-Sphereâ„¢ Stool DNA Extraction Kit, with another product in development and available for launch in approximately 18 months. (more…)