Here are the week’s headlines in North Carolina tech and biotech news:
—LabCorp (NYSE: LH) priced a $2.9 billion offering of senior notes to raise money to cover some costs related to its $6.1 billion acquisition of contract research organization... Read more »
The biggest clinical trial news of 2015 so far, arguably, was a report from Biogen Idec (NASDAQ: BIIB) about a drug meant to do something never done before: repair nerve damage in multiple sclerosis patients and possibly reverse the course... Read more »
Two weeks ago, in a sixth-floor room in San Francisco’s Four Seasons Hotel overlooking Market Street, Tony Coles, Susan Lindquist, and Kenneth Rhodes met with one financier after another in a campaign to raise money for their new Cambridge, MA-based startup,... Read more »
The Madworks seed accelerator in Madison, WI, one of several grant-based startup accelerators launched in the state last year, is starting to show some early, but small, success. Now its leaders intend to continue building momentum and fine-tuning the program as... Read more »
Fontinalis Partners, the Detroit-based venture capital firm focused on next-generation mobility and transportation startups, announced this week that it has invested in SmartKargo, headquartered in Cambridge, MA. The terms of the deal were not disclosed.
SmartKargo was founded by... Read more »
The pending $16 billion deal that would see GlaxoSmithKline sell its cancer drugs to Novartis continues to pay dividends for an unlikely beneficiary—Boulder, CO-based Array BioPharma.
Array (NASDAQ: ARRY) announced Friday that it has reached a definitive agreement with... Read more »
Bellevue, WA-based Expedia (NASDAQ: EXPE) has purchased Travelocity as consolidation continues in the online travel industry.
Expedia paid Sabre Corporation (NASDAQ: SABR) $280 million for Travelocity, formed in 1996. In 2013, Expedia competitor Priceline.com (NASDAQ: PCLN) acquired Kayak... Read more »
[Corrected 1/23/15, 10:20 am. See below] The Bay Area is ground zero for the hotly contested market in Web-based data storage and file sharing for businesses, and local competitors have been closely watching Los Altos, CA-based Box’s long run-up... Read more »
When Jacqueline Northcut began her 18-year career at a major accounting firm, at most three of the firm’s 80 partners were women, she says.
By the time Northcut herself made partner at the former Arthur Andersen, the numbers in the C-suite... Read more »