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Regional Report Triad_April 2010 2010-04

Mac Williams admits it grudgingly — after being prodded a few times. Yes, the president of the Alamance County Area Chamber of Commerce concedes, it hurt when Burlington-based Laboratory Corporation of America Holdings decided to put a billing center in Greensboro.

 
 
Regional Report Triangle December 09 2009-12

Until Talecris Biotherapeutics Holdings Corp. broke the ice in October, no Triangle company had gone public in more than two years.

 
 
Regional Report Triad December 09 2009-12

Fall has been a season of rising fortunes for Targacept Inc. In October, the Winston-Salem-based drug developer netted $44.4 million in less than 24 hours by selling 2.2 million shares of stock.

 
 
David Green 2008-12
David Green moved to Durham from his native Pittsburgh when he was 12. He graduated from Davidson College in 1976 with a bachelor’s in biology and earned a master’s from East Carolina University in 1980 and a Ph.D. from N.C. State six years later.  
 
Bob Peele 2008-12
For 10 years, Bob Peele, 45, has overseen operations at Wanchese Seafood Industrial Park, a 60-acre site that opened in 1981.  
 
Oliver Smithies 2008-06
The call came early in the morning — 4:45, to be exact — but for Oliver Smithies, it wasn’t a minute too soon. For years, colleagues had told the UNC professor he was up for the Nobel Prize in medicine for his ground-breaking research in genetics, but as the years went by with no word from Sweden, he learned to ignore the rumors. When the call finally came last October, it was “a feeling of relief as much as anything else. A feeling of, well, that’s good. That’s finished.”  
 
Stan Eskridge 2008-06
When Stan Eskridge wanted to help Tom Fischer make an inexpensive bandage that quickly stops bleeding, he turned to his connections. “You can’t be a North Carolina native and not know somebody in the textile industry,” Eskridge, 65, says. His friends helped find the materials to develop Stasilon, a bandage woven from bamboo yarn and glass filament, approved for use by the U.S. Food and Drug Administration in September.  
 
Martin Posey 2008-06
Martin Posey, chairman of the Department of Biology and Marine Biology at UNC Wilmington, is among a handful of scientists working to restore the Tar Heel oyster population, estimated to be 5% to 10% of what it was in the early 1900s.  
 
Frank Torti 2008-06
In May, Torti, 60, departed Winston-Salem and his job as director of the Comprehensive Cancer Center at Wake Forest University Baptist Medical Center for the Washington, D.C., suburbs to take up a new position at the FDA. An experienced clinical researcher specializing in urologic oncology, he will oversee research efforts and launch a fellowship program created, like his job, by the FDA Amendments Act of 2007.  
 
Tipping point - Life Sciences 2008-02

Charles Hamner retired in 2002 after 14 years as the CEO of the nonprofit North Carolina Biotechnology Center in Research Triangle Park. A biochemist and veterinarian, he helped the state’s biotech industry grow into one of the nation’s top five, nearly tripling the number of companies. During his tenure, the center invested more than $50 million in the state’s universities, provided seed money to 62 startups and helped recruit more than a dozen companies.

 
 
Christy Shaffer 2007-12
Christy Shaffer can thank the board for knowing her better than she knew herself. With products on the market and a rich pipeline, Inspire Pharmaceuticals is one of the few true successes of the Triangle biotech scene. But without the board’s trickery, she never would’ve become its boss.  
 
Kay Wagoner 2007-12
In the 14 years since starting Icagen, Kay Wagoner, 58, has seen more ups and downs than Keith Richards’ blood-alcohol level.  
 
Maybe it will make new code medicines 2007-06
What does writing code have to do with the genetic code? Maybe nothing, but that’s not the reason Red Hat Inc. is opening an office at the state’s newest biotechnology hot spot.  
 
Profit doesn't heal this drug developer 2007-05
The day Trimeris Inc. announced it was profitable should have been a happy one. But two other announcements that same day left analysts wondering whether the 14-year-old Morrisville drug developer has much of a future.  
 
The Wonderer 2007-04
Pilot Therapeutics’ odyssey leads a scientist to discover there’s more — and less — to business than he thought.
 
 
Investments inject new life into sector 2007-02
When Intersouth Partners sought investors early last year, the Durham venture-capital firm didn't have to look hard. Intersouth closed its fund in May with $275 million, the most it has ever raised. "Venture fundraising has been on a tear," spokeswoman Suzanne Cantando says.
 
 
Holly Springs gets stuck by incentives 2006-10
Maybe Holly Springs should hold a really big bake sale. But the town would have to sell a lot of cookies, brownies and cakes to make up the $11.8 million gap between what it has promised to spend on Swiss drug maker Novartis to land a vaccine plant and what it has on hand.
 
 
Heavy industry 2006-07
There’s no dearth of girth. But rather than expand, Durham’s Rice Diet and its brethren watch their wait.
 
 
Luck of the draw 2006-03
Charles Sanders knows a doc can't always pick his patients.
 
 
Biotech develops formula that nurtures job growth 2006-02
Several times a week during much of the last year, Monica Doss answered her phone to find someone from the West Coast calling to ask about the state’s life-sciences industry. Most were California biotech veterans. About half told her they planned to move to North Carolina — whether a job was waiting or not.
 
 
The Atkins Diet has business cooking 2006-01
John Troy’s experience with the Atkins Diet mirrored that of many Americans. He got spectacular short-term gains but couldn’t maintain them.
 
 
Grow your own 2005-07
Tony Atala is on the hot seat, though he’s fielding easy questions. He struggles to recall he’s 46, was born in South America and grew up mostly in Boca Raton, Fla. Asked when he got his bachelor’s from the University of Miami, he tilts his eyes toward a spot near where the ceiling meets a wall. “I got a bachelor’s there in, uh, uh — I forget the year, but it’s on my CV.”  
 
Money proves to be real pill for industry 2005-02
Executives at life-sciences companies in North Carolina have at least one thing to be thankful for: Their industry’s popularity with venture capitalists isn’t fading as fast as it has for some others. Through three quarters of 2004, they had grabbed 29% of the venture capital received by North Carolina companies, compared with 14.4% during the first nine months of 2000.  
 
2005 tar heel industry reports 2005-02
 
 
Firm returns from the grave a profit 2005-01
Imagine Perry Mason confronting a wife who has bumped off her husband for the insurance money. “He was worth more to you dead than alive, wasn’t he?” Durham’s Volumetrics Medical Imaging Inc. is like that. It was buried in February 2001, but thanks to a lawsuit, it’s worth more than ever.
 
 
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