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Q is for Quintiles: CRO picked good time to return to the public markets

Q is for Quintiles: CRO picked good time to return to the public markets

May 9, 2013 9:00 am by | 0 Comments

[Update] Contract research organization Quintiles returned to the public markets today, trading on the NYSE under the stock symbol Q. It raised $947 million after it was priced at $40. ... Read more

Why it’s good news that GSK is monitoring what parents are saying about vaccinations

Why it’s good news that GSK is monitoring what parents are saying about vaccinations

May 2, 2013 3:19 pm by | 0 Comments

There was a really interesting article in The Wall Street Journal about how GlaxoSmithKline (NYSE: GSK) monitored public forums on BabyCenter.com and WhattoExpect.com.According to the article, GSK used text analytics ... Read more


G1 Therapeutics developing treatment to protect soldiers, chemo patients from radiation damage

G1 Therapeutics developing treatment to protect soldiers, chemo patients from radiation damage

May 1, 2013 7:51 am by | 0 Comments

After the Boston Marathon bombing, it’s easy to understand why the government is giving G1 Therapeutics millions of dollars to develop a pill that protects against radiation exposure.If the pressure-cooker ... Read more

Alcohoot combats drunk driving with enforcement grade smartphone breathalyzer

Alcohoot combats drunk driving with enforcement grade smartphone breathalyzer

April 26, 2013 12:51 pm by | 0 Comments

Drunk driving is bad. It just is. On a mission to fight this problem, Alcohoot has created ’the world’s first enforcement grade smartphone breathalyzer’. Alcohoot is a device that plugs ... Read more

Durham’s Tranzyme headed west after merger with California company

Durham’s Tranzyme headed west after merger with California company

April 25, 2013 3:59 am by | 0 Comments

DURHAM -- Tranzyme Pharma, a Durham-based biopharmaceutical company that discontinued clinical trials for two drug candidates last year, is planning to merge with private drug developer Ocera Therapeutics Inc. in ... Read more

North Carolina to get $359,571 as part of kickback settlement

North Carolina to get $359,571 as part of kickback settlement

April 23, 2013 4:57 am by | 0 Comments

North Carolina will receive $359,571 from drug manufacturer Amgen as part of a national $24.9 million settlement for offering kickbacks to pharmacies for prescribing its kidney drug Aranesp.The N.C. Attorney ... Read more

Heat Biologics gets $5M to usher heat shock protein therapy into phase 2 lung cancer trials

Heat Biologics gets $5M to usher heat shock protein therapy into phase 2 lung cancer trials

April 17, 2013 4:30 pm by | 0 Comments

A company developing an off-the-shelf immunotherapy that it thinks can turn tumors into adjuvant-secreting machines has some fresh capital as it heads into phase 2 clinical trials.Twenty investors have put ... Read more


North Carolina’s HHS secretary looking for payers to help her privatize Medicaid

North Carolina’s HHS secretary looking for payers to help her privatize Medicaid

April 14, 2013 4:14 am by | 0 Comments

The new secretary at the North Carolina Department of Health and Human Services promises the potential privatization of many Medicaid functions will be good for patients and doctors. The plan ... Read more

As health system drops “cheat death” tagline, it acknowledges marketing milestone

As health system drops “cheat death” tagline, it acknowledges marketing milestone

April 8, 2013 6:34 pm by | 0 Comments

It’s not often you hear about a health system that wants to position the word “death” by its name. After less than a week a North Carolina hospital system has ... Read more

Study: Governors who opt out of Medicaid expansion may create new tax bill for employers

Study: Governors who opt out of Medicaid expansion may create new tax bill for employers

April 3, 2013 6:59 am by | 2 Comments

Governors who opt out of the Medicaid expansion may be creating a bigger tax bill for employers in their states.Why? “Shared responsibility” penalties are much more likely to kick in ... Read more

Durham’s Chimerix could go public as early as next week

Durham’s Chimerix could go public as early as next week

April 3, 2013 4:00 am by | 0 Comments

Durham drug-development company Chimerix, which could go public as early as next week, is anticipating that Wall Street will value the business at more than $300 million.Chimerix filed a registration ... Read more

Medical device maker raising $13M for minimally invasive treatment of A-fib

Medical device maker raising $13M for minimally invasive treatment of A-fib

March 20, 2013 9:17 am by | 0 Comments

A catheter and surgical ablation device maker working toward enabling less-invasive treatment of atrial fibrillation is looking for a big round of fresh capital for its next move.Morrisville, North Carolina, ... Read more

Biotech’s therapy to regenerate tissue, organs for chronic kidney disease, bladder cancer faces financial test

Biotech’s therapy to regenerate tissue, organs for chronic kidney disease, bladder cancer faces financial test

March 19, 2013 9:36 am by | 0 Comments

A biologics startup developing a way to help patients with bladder cancer by using their own cells to regenerate tissue and to reconstruct a urinary tract has expanded a Phase ... Read more

UNC spinout wants to help health workers wipe out surface contamination by harmful cancer drugs

UNC spinout wants to help health workers wipe out surface contamination by harmful cancer drugs

March 12, 2013 11:02 am by | 0 Comments

Chemotherapy drugs used today are potent and nonselective, meaning they kill both cancerous and non-cancerous cells. That’s why many cancer patients experience so many troublesome side effects. It’s also why ... Read more

N.C. governor signs bill to block expansion of Medicaid in the state

N.C. governor signs bill to block expansion of Medicaid in the state

March 7, 2013 6:56 am by | 1 Comments

Gov. Pat McCrory on Wednesday signed into law a bill to prevent North Carolina from participating in some of President Obama's health care reform plan, a move that worries rural ... Read more