.Biz blog

  • Clinverse attracts $9.1 million in funding

    Posted by David Ranii on August 19, 2014

    Clinverse, a Durham company whose software is used by drug companies and contract research organizations, has raised $9.1 million in new funding to expand its sales and marketing team and support its growing customer based.

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  • John Locke report: Fracking risks mostly fear-mongering

    Posted by John Murawski on August 18, 2014

    On the eve of statewide public hearings on fracking, the conservative John Locke Foundation in Raleigh has fired off a report to ease public concerns about the alleged health and safety risks of shale gas exploration.

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  • FDA approves sixth drug for Biogen Idec; Plegridy will be made in Morrisville

    Posted by John Murawski on August 18, 2014

    Federal regulators approved a sixth drug for sale in the United States by Biogen Idec, a Massachusetts drug developer that plans to make all six medications in the Triangle within a year. The MS drug, Plegridy, will be manufactured in Morrisville.

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  • Martin Marietta completes sales required for Texas Industries deal

    Posted by David Bracken on August 18, 2014

    Martin Marietta Materials announced Monday that it has completed the divestitures required by the U.S. Department of Justice that was a condition of the Raleigh’s company’s acquisition of Texas Industries.

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  • NC expects to pay off unemployment debt sooner

    Posted by David Ranii on August 15, 2014

    North Carolina has accelerated its estimate of when it will erase the massive federal debt it accumulated to pay unemployment benefits in the wake of the recession.

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  • Lenovo's $2.3B server deal with IBM wins US government approval

    Posted by David Ranii on August 15, 2014

    Lenovo's $2.3 billion acquisition of a line of servers from IBM has been approved by the federal government. The world's largest PC company, which is based in China and has a headquarters in Morrisville, confirmed Friday that the IBM deal has been approved by the government's Committee on Foreign Investment in the US. That was the final step the company needed to win federal clearance.

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