science into good business opportunities.”
Raised $102 million
History Founded in 2002, chairman George Painter ran it until 2010, when Ken Moch, who joined the company a year earlier, became CEO and president.
IPO proceeds will pay for sales and marketing and CMX001’s third clinical trial.
Raised $45 million
Revenue $54 million in year ended September 2012
History Founded in 1997 by N.C. State University professor James Otvos, it planned to go public in 2002 but didn’t because of poor market conditions.
IPO proceeds will pay for research and development, additional sales and marketing staff and dividends to shareholders.
Anticipates raising $600 million
Revenue $3.7 billion in 2012
History Founded in 1982 by Dennis Gillings, then a biostatistics professor at UNC Chapel Hill, the company went public in 1994, but poor performance led to a leveraged buyout in 2003 that took it private again. Thomas Pike, formerly a consultant with Dublin-based Accenture PLC, took over as CEO last year.
IPO proceeds will pay down $2.4 billion of debt.
SMITHFIELD — Johnston Health will partner with Chapel Hill-based UNC Health to cut costs and help management, though terms are still being negotiated and are expected to be finalized by summer. Officials cited UNC Health’s experience improving community hospitals for the decision.
SOUTHERN PINES — First Bancorp, parent of First Bank, will move its headquarters here from Troy. The company will keep about 150 of its 190 corporate jobs in Troy by leaving back-office operations and a data-processing center there.
RALEIGH — First Citizens BancShares named Glenn McCoy chief financial officer. He joined the bank in December 2012 as executive vice president of finance and replaces Ken Black, who retired at the end of March. McCoy previously was CFO of the former RBC Bank in Raleigh.
MORRISVILLE — Redwood Shores, Calif.-based Oracle will buy Tekelec for an undisclosed amount. The telecommunications company, which provides data management and network-signaling devices, was taken private last year by New York-based private-equity firm Siris Capital Group in a $780 million deal.