Attention Entrepreneurs: Apply to present at the CED Life Science Conference 2015!

Posted by on Dec 16, 2014 in Newsroom | 0 comments

What is the CED Life Science Conference? The CED Life Science Conference is the leading life science conference in North Carolina, attracting approximately 1,000 participants each year and enabling NC life science entrepreneurs to connect with hundreds of venture capital, angel, and strategic investors from around the nation. The conference is presented in partnership with the North Carolina Biotechnology Center and the North Carolina Biosciences Organization. For more information on the conference, visit: www.cednc.org/lifescience. What opportunities exist for entrepreneurs at the 2015...

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Advanced Animal Diagnostics closes $15 mln Series C funding

Posted by on Dec 9, 2014 in Newsroom | 0 comments

DURHAM, N.C. – Advanced Animal Diagnostics (AAD) announced today the close of a $15 million Series C round of equity financing. The financing was co-led by Cultivian Sandbox and Kansas Bioscience Authority and included Laboratory Corporation of America® Holdings (LabCorp®) (NYSE: LH), Middleland Capital, and existing investors Intersouth Partners, Novartis Venture Funds and private individuals. The investment will allow AAD to accelerate the commercialization of its current product offering, QScout® MLD (milk leukocyte differential) test, while also expanding the company’s product...

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Florida Institute Funds Gainesville-based TAO Connect

Posted by on Dec 9, 2014 in Newsroom | 0 comments

GAINESVILLE & BOCA RATON, FL. – The Florida Institute for the Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with TAO Connect, a Gainesville-based company that provides a seven-to-ten week online treatment program for anxiety and other related disorders. The Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based universities and research institutions. “The goal of TAO is to decrease mental health care costs, reduce health...

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KKR to Invest in Arbor Pharmaceuticals

Posted by on Dec 8, 2014 in Newsroom | 0 comments

ATLANTA, GA. and NEW YORK, N.Y. – Arbor Pharmaceuticals (“Arbor”), a specialty pharmaceutical company, today announced on December 4th, that KKR, a leading global investment firm, is acquiring a significant minority stake in the company. Financial terms of the transaction were not disclosed. Acquired by its current investor group in 2010, Arbor markets branded prescription products for the cardiovascular, hospital, and pediatric markets as well as generic products through its Wilshire division. The company has completed over twenty acquisition, licensing, or product development...

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Governor McAuliffe announces new Virginia Bioscience Initiative

Posted by on Dec 8, 2014 in Newsroom | 0 comments

RICHMOND, VA. – Governor Terry McAuliffe on Thursday announced a Virginia Bioscience Initiative, kicking off the effort with a public and private sector roundtable discussion on the commercialization of university bioscience research at the State Capitol.  University representatives and bio industry leaders joined the Governor, members of his administration and renowned Massachusetts Institute of Technology Professor Dr. Robert S. Langer for this discussion. Speaking at today’s announcement, Governor McAuliffe stated, “The bioscience industry in Virginia is strong, and can be...

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SCRA Technology Ventures Announces Investment Approvals

Posted by on Dec 8, 2014 in Newsroom | 0 comments

SUMMERVILLE, S.C. – SCRA Technology Ventures’ SC Launch board approved investments in two South Carolina companies at last month’s board meeting in Greenville. GWIG and Wave Sciences, both located in Charleston, received approvals. These are the first rounds of SC Launch funding for both companies. “As businesses use GWIG’s information to interact with interested potential customers, as well as thank existing loyal ones, they are able to create and grow strong relationships with positive long-term returns on investment.” GWIG joined the SC Launch program in April. The...

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