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Precision BioSciences Opens New Manufacturing Facility in Durham

Precision BioSciences, a genome-editing company based in Durham, announced today the opening of its highly prized production facility for in-house manufacturing of its unique technologies. Calling it the Manufacturing Center for Advanced Therapeutics (MCAT), Precision…

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DMC Bio, Inc. Announces First Close of $10.3M Series A Financing Led by Sofinnova Partners

DMC, an early-stage biotechnology company, announced today that is has raised a Series A equity financing led by Sofinnova Partners. The company also announced the addition to its Board of Directors of Josko Bobanovic, Partner…

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PhaseBio: Positive Results from Phase 2a Clinical Trial of PB2452

PhaseBio Announces Positive Preliminary Results from Phase 2a Clinical Trial of PB2452 for the Reversal of the Antiplatelet Activity of Ticagrelor in Older and Elderly Subjects   June 17, 2019 16:01 ET | Source: PhaseBio…

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Lumedica looks to fine-tune low-cost OCT system with SBIR grant

Duke University spin-out wins Phase II funding to further develop device for clinical applications in low-resource settings. Lumedica, the startup company spun out of co-founder Adam Wax’s Duke University research group, has won a $1 million…

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A Conversation with Lumedica’s Adam Wax

Late last month, Luminate—a Rochester, N.Y.–based startup accelerator focusing on optics, photonics and imaging technologies—announced the winners of its second-round accelerator competition. Taking third place, and taking home a cool US$250,000 of seed money from…

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NC startups raise $337M in Q2, lowest total in 3 years, but …

Led by 10 deals made in the Triangle, startups raised more than $337 million in the second quarter, the lowest total in three years, according to a new report from Dow Jones VemtureSource. But there…

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“Deep Sepsis” Licensed to Cohere Med

Cohere Med licenses technology from Duke to drive adoption of early Sepsis detection using AI   PRESS RELEASE: 3 JULY 2019 Sepsis strikes more than a million Americans every year and 15 to 30 percent…

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Cover Story: How Big 3 Triangle colleges are fueling startups

The Triangle is often heralded for its ready workforce and research universities readily pumping out talented students. But these universities are not just spitting out graduates and potential employees – they are increasingly spinning out companies…

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Infinia ML Recognized for Innovation in Machine Learning

Company Wins “Best Machine Learning Company” Award for Second Consecutive Year and “Most Innovative Machine Learning Solutions Provider for Business” DURHAM, N.C., June 26, 2019 /PRNewswire/ — Infinia ML, an advanced machine learning company, has…

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