An Australian health-care company will open a production facility on the N.C. Research Campus in Kannapolis.
Anatomics markets surgical biomodels and patient-specific craniofacial implants to surgeons and hospitals worldwide. The company uses CT scans to create models for presurgical planning, custom-implant design and pre-shaping of surgical hardware.
"We are excited to locate our U.S. head office and manufacturing facility on the N.C. Research Campus and are looking forward to working personally with the regional health-care community as well as the list of impressive companies here at the campus," says Larry Ward, chief executive of Anatomics' U.S. business unit.
California financier David Murdock is establishing the N.C. Research Campus at the site of the former Pillowtex Corp. headquarters and manufacturing complex in Kannapolis. It is envisioned as a 350-acre life-sciences hub involving Murdock, Duke University, the UNC System, the N.C. Community College System and other institutions of higher education as well as several corporations.
Other research and development companies that are expected to have a presence at the N.C. Research Campus include software developer Red Hat Inc. (NYSE:RHT) of Raleigh, Winston-Salem-based The Biomarker Group and Angiogen of Illinois.
Tobacco Trust Fund Commission announces the 2007 grant cycle Monday, May 21, 2007
CONTACT: William Upchurch, executive director
Tobacco Trust Fund Commission (919) 733-2160
RALEIGH – The Tobacco Trust Fund Commission is issuing a call for proposals for projects that support the agricultural economy in North Carolina, especially in areas affected by changes in the tobacco industry.
The commission is looking for projects that match its focus in any of five areas: diversification initiatives, natural resource and farmland preservation, skill and resource development, increasing farm profitability and community economic development. The maximum grant amount available in the 2007 grant cycle will be $300,000. Priority will be given to projects based on the size of area and number of people affected.
"The rural economy in North Carolina continues to adjust and redevelop in a post-tobacco buyout era," said Billy Carter, TTFC chairman. "The Tobacco Trust Fund Commission will continue, with this grant cycle, in helping members of our agricultural family address these needs."
The commission awards grants to public and nonprofit agencies developing programs to lessen unemployment and stabilize local tobacco-dependent economies and tax bases. Grant applications are available online at www.tobaccotrustfund.org and are due Aug.1. The commission should announce grant recipients by the end of October.
The General Assembly created the Tobacco Trust Fund Commission in 2000 to help soften the financial impact to farmers and tobacco-related businesses caused by the sharp decline of tobacco in the agricultural economy. The commission’s funding comes from monies paid by cigarette manufacturers under the 1998 Master Settlement Agreement.
For more information about the 2007 application, contact the TTFC at (919) 733-2160 or e-mail at tobaccotrustfund@ncmail.net.
Where Biotech is Headed
The National Dialogue on Entrepreneurship is an initiative of the Public Forum Institute made possible by a grant from the Kauffman Foundation of Kansas City. April 30 - May 6 2007
Ernst & Young has completed its annual assessment of the global biotechnology industry and the news is very good. Capital raised by biotech firms grew by an impressive 42% in 2006, reaching a global total of $27.9 billion. US firms alone raised a record $5.4 billion in venture capital. Global public company revenues also reached a record level of $70 billion. The report dubs 2006 “the year of the deal,” as the value of mergers and acquisitions reached the second highest level in history. In the US, deals and alliances worth more than $23 billion were signed in 2006. Industry experts expect this heavy deal flow to continue in 2007 and beyond. Despite all this activity, the biotech sector is still not profitable but industry experts predict that the US biotech sector will reach profitability by the end of the decade.
Preliminary data on the report was released this month, with the full report to be released at this year’s BIO International Convention on May 8th. Learn more about the Ernst & Young report, Beyond Borders: Global Biotechnology Report 2007.
28 Page Emerging Trends In BioTechnology
from www.bio2007.org
Find the PDF document here
Charlotte Firm Gets $21K Biotech Loan
Charlotte Business Journal - February 27, 2007
Flutrends International of Charlotte has received a $21,000 business-development loan from the N.C. Biotechnology Center.
The funds will be used to help the newly launched company pursue additional investments. Read More
Biotech Center Gives $375K to N.C. Colleges
The Business Journal of the Greater Triad Area - 1:34 PM EST Tuesday, February 6, 2007
The N.C. Biotechnology Center has awarded more than $375,000 in nine grants to boost biotech research and instruction at colleges and universities across the state.
The Education Enhancement Grants range in size from an $89,465 award to Campbell University to $8,852 each to Forsyth Technical Community College in Winston-Salem and Rowan-Cabarrus Community College in Salisbury. Read more
NewGen Secures $70M in Financing
Charlotte Business Journal
NewGen Technologies Inc. has secured $70 million in debt financing from BioFuel Investments. Read more
Research Campus Buildings Going Up Right On Schedule
Salisbury Post - 01/14/07 by Mark Wineka
KANNAPOLIS — Construction on the David H. Murdock Core Lab remains on schedule, and the steel is going up on two additional structures at the N.C. Research Campus. Read more