Recruiting, Growing Novo Nordisk Jobs is a Team Effort

Posted by on Aug 28, 2015 in Newsroom | 0 comments

RESEARCH TRIANGLE PARK and CLAYTON, N.C. – When a chorus of cheers accompanies announcements like the $1.85 billion Novo Nordisk expansion in Clayton, the echo is a reminder: it only happens because a lot of behind-the-scenes work quietly makes it possible. It always involves months, sometimes years, of partnering, confidential meetings, credibility building, information gathering. Stretches of maddening silence can be upended by calls for action under fierce deadlines. There’s usually competition, often uncertainty, always hope. The North Carolina Biotechnology Center has been part...

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UM seeking $10 million from the county to expand its biotech park

Posted by on Aug 28, 2015 in Newsroom | 0 comments

MIAMI, FL. – The University of Miami wants to expand its Life Science & Technology Park— and it wants county taxpayers to help pay for it. The university, through its partner developer, Wexford Miami LLC, is asking the county for $10 million in economic development grants. In return, UM is promising to create a 14-story, 244,000-square-foot expansion of its biotech park, which first opened in 2011. The $112 million plan includes a hotel and a 646-car parking garage. In the developer’s application with the county, it promises the UM project would create 476 jobs by the end of...

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Governor Scott Announces Johnson & Johnson’s Creation Of 500 New Jobs In Tampa

Posted by on Aug 27, 2015 in Newsroom | 0 comments

TAMPA, FL. – Today, Governor Rick Scott announced that Johnson & Johnson, a global healthcare leader, will open a new North American shared services headquarters in Tampa and create 500 jobs over the next three years. The company will also make a capital investment of $23.5 million into the Tampa region. The multi-functional regional shared services center, which will be fully operational by mid-2016, will be part of a broader network of Johnson & Johnson centers that are designed to handle work for its operating companies in the areas of finance, human resources, information...

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Durham plant science startup raises $7.3M

Posted by on Aug 26, 2015 in Newsroom | 0 comments

DURHAM, N.C. – Benson Hill Biosystems. According to a securities filing, the company closed on $7.3 million of a planned $8.5 million equity round. According to the filing, the sum represents cash proceeds from the sale of Series A Preferred stock and came from 10 investors in several states, including California, Kansas, Missouri, Texas and the District of Columbia. About $2.4 million in existing convertible notes were also converted into the Series A stock. Company execs have said the company is “dually located” in both the Triangle and St. Louis and announced a recent expansion...

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AgBiome raises $34.5 million from high-profile investors

Posted by on Aug 21, 2015 in Newsroom | 0 comments

RESEARCH TRIANGLE PARK, N.C. – On the heels of its big expansion announcement, Research Triangle Park-based plant science startup AgBiome confirms it has raised $34.5 million from a variety of high-profile investors, including the Bill & Melinda Gates Foundation and Monsanto Growth Ventures. AgBiome, which is planning to move into a new 30,000-square-foot laboratory space next year, is developing an organic fungicide product. The company was founded in 2012 by a group of entrepreneurs and scientists, including Scott Uknes, Eric Ward, John Ryals, Mike Koziel, Jeff Dangl and Paul...

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AGTC Announces Strategic Collaboration With Biogen Effective and Biogen Equity Investment Closed

Posted by on Aug 20, 2015 in Newsroom | 0 comments

GAINESVILLE, FL. – Applied Genetic Technologies Corporation, +0.45% a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare eye diseases, today announced that its collaboration with Biogen, -0.90% first announced on July 2, 2015 is effective, and Biogen’s equity investment in AGTC has closed, following the expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the satisfaction of other customary closing conditions. “We are excited to combine...

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