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LabCorp Bringing 346 Jobs to Greensboro

LabCorp will bring 346 jobs to Greensboro and invest $4 million in Guilford County during the next three years, Gov. Bev Perdue announced Thursday at the company’s Burlington headquarters.

The jobs will be in a new billing operations office in 72,000 square feet of leased office space in Meadowview Crossing, located on Pinecroft Rd., according to The Greensboro Partnership. About 50 positions from LabCorp’s Burlington billing office will be transferred to the Greensboro location, the company said.

Calling it a “glimmer of hope,” Perdue said the jobs are a sign that economic recovery is beginning.Read Full Article

posted in: News, North Carolina

Arbovax Awarded $250,000 Strategic Growth Loan by North Carolina Biotechnology Center

Arbovax, Inc. has been awarded a $250,000 Strategic Growth Loan (SGL) by the North Carolina Biotechnology Center to help Arbovax develop its proprietary Dengue Fever vaccine platform. “This loan will greatly assist in our product development efforts”, said Arbovax CEO Malcolm Thomas.

“We are working toward testing our technology for a Dengue Fever vaccine in non-human primates in early 2010 and this loan will go a long way to providing the necessary funds to complete these pivotal trials. We are indebted to the Biotechnology Center staff for their support, both financial and technical, and for the confidence they have shown in us during the past two-and-a-half years.” Arbovax is a privately held early-stage biotechnology company developing a novel and innovative technology for creating vaccines against insect-borne viruses.Read Full Article

posted in: News, North Carolina

BJAC Awarded UNCW Marine Sciences Biotechnology Research Facility

Lou Jurkowski, CEO at BJAC, pa (http://www.bjac.com), architectural firm offering professional services for specialized, complex institutional projects, has announced that BJAC’s Charlotte office has been awarded the University of North Carolina Wilmington (UNCW) Center for Marine Sciences Biotechnology Research Facility (MARBIONC). The project will consist of the development of a 68,000 square foot commercial aquaculture and bio-tech research facility housing research and commercial applications of various facets relating to Marine Science. Approximately 60% of the new two story laboratory will be assigned to UNCW researchers with the balance of the space designated for commercial laboratory use in similar/related fields.Read Full Article

posted in: News, North Carolina

N.C. Research Campus launches scholars program

A new four-year program will bring graduate students to study food science and nutrition to the N.C. Research Campus.

The Kannapolis Scholars program began Thursday and will be overseen by N.C. State University.

It’s supported by a $1 million grant from the U.S. Department of Agriculture.Read Full Article

posted in: News, North Carolina

Biotech startup to receive $200,000 from SC Launch at business summit

A Charleston-based biotech startup is receiving a $200,000 investment today at the Small Business Innovation Summit & Expo at Trident Technical College in North Charleston.

SC Launch, a collaboration with the S.C. Research Authority, is making the investment in FirstString Research Inc., which is developing a product for scar prevention and tissue regeneration.

“The support we’ve received from SC Launch even goes beyond the equity investment we’ve received from them,” said Gautam Ghatnekar, FirstString’s president and CEO. “SC Launch has brought the right resources to the table. This investment, along with SCRA, SC Launch and additional in-state angel support, has helped us double in size over the last six months, enabling continued growth for us here in South Carolina.”Read Full Article

posted in: News, North Carolina

Biotech insiders mingle at NC conference

A meeting this week in North Carolina brings together a big chunk of the industry that mass-produces biological drugs, vaccines and industrial enzymes used in detergents, beer and biofuels.

The BioProcess International Conference starts Monday in Raleigh. It promises industry insiders everything from high-level strategy to nuts and bolts technical case studies.Read Full Article

posted in: News, North Carolina

ECU Notes: Biotech Center loan helps ECU entrepreneur get noticed

Gabe Dough and his new company, Shure Foods, are creating a buzz in some North Carolina entrepreneurial circles.

Dough, an MBA student at East Carolina University, got a $30,000 low-interest company inception loan from the North Carolina Biotechnology Center to pursue his dream of commercializing a new way to process and sell the meat of swimming crabs such as the highly prized blue version frequently captured in North Carolina coastal waters.

Biotechnology is the use of living cells and their molecules to solve problems and make useful products. Shure Foods uses proprietary materials such as fibrinogen, thrombin, enzymes and proteins to tweak the texture and consistency of the fresh crab meat so it can be formulated into products such as medallions, nuggets or patties.Read Full Article

posted in: News, North Carolina

North Carolina enjoys strengths in biotech, researcher says

Dr. Anthony Atala knows the link between medical discovery and biotechnology will play a critical role in everything from drug development to medical devices.

For Atala, North Carolina’s commitment to the sector was enough to lure him here from Harvard University about five years ago.

The pediatric surgeon and regenerative-medicine researcher plans to share his views at this week’s Charlotte Biotechnology Conference.Read Full Article

posted in: News, North Carolina

North Carolina Biotechnology Center expansion to cost $10.4M

The North Carolina Biotechnology Center’s planned 24,000-square-foot expansion to its existing Research Triangle Park facility will cost $10.4 million and should be completed by the fall of 2010, the nonprofit organization said Wednesday.

The expansion is intended to help the N.C. Biotech Center support existing and new programs in job creation, entrepreneurship, education and business development. The center says that from 2001 to 2006, the state’s biotechnology industry grew by 18.6 percent.

Arthur Pappas, chairman of the Biotech Center’s board of directors and managing partner of Research Triangle Park-based venture capital firm Papas Ventures, said that the industry contributes $45.8 billion to the state’s economy each year.Read Full Article

posted in: News, North Carolina

Biosciences industry members learn from North Carolina expert

That’s why Steven Burke, president and CEO of the Biofuels Center of North Carolina, was invited to speak at a gathering of New Brunswick’s biosciences industry members in Fredericton on Tuesday.

In 1984, North Carolina began charting its direction for the biosciences industry.

The state set up an agency to chart its path in the burgeoning sector.

Decision-makers came together, so did the industry.

“It was a sustained, dogged, non-political process,” said Burke.Read Full Article

posted in: News, North Carolina

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