Chimerix loss widens in 4Q
Up Global NEXT, a mentorship program organized to help prepare start-up businesses to participate in accelerator programs or for investments, is gearing up to take teams in April.
Two Durham start-ups have won the chance to make pitches in California’s Silicon Valley through a local tournament-style pitch competition.
More than 50 teams from the Triangle competed for the chance to deliver pitches at the invitation-only Google for Entrepreneurs Demo Day, which will be held in Mountain View, Calif., on April 2.
A prominent Durham architecture firm involved in the design of the Smithsonian National Museum of African American History and Culture in Washington D.C. and in the designs of other museums, libraries and other buildings around the country has agreed to be acquired by a global firm.
Phil Freelon founded the Durham-based, 45-person architecture firm The Freelon Group in 1990. Under a signed agreement announced Tuesday, the firm will be acquired by Perkins+Will, a global architecture and design firm that employs about 1,500 people. The financial terms of the deal were not disclosed.
About two years ago, a group of lawyers broke away from larger firms to form their own business law practice called Morningstar Law Group. The idea was that they could lower their overhead costs, have less debt, spread management duties among all partners, employ fewer lower-level attorneys, and offer lower rates to clients.
Attorneys at the firm say their business model is now working.
Drugs that come off the market are not a sign of a failure of the regulatory system, the head of the U.S. Food and Drug Administration said at a life sciences conference in Raleigh on Wednesday.
FDA Commissioner Dr. Margaret Hamburg spoke at the annual conference hosted by Durham-based CED, the nonprofit entrepreneurial support organization formally known as the Center for Entrepreneurial Development. The first day of the conference drew drug development leaders, researchers, and others to the Raleigh Convention Center. The conference was expected to draw hundreds of people.
A now-empty florist shop at the corner of Lakewood Avenue and Old Chapel Hill Road has unused potential in the eyes of Maggie Smith and Susie Zadeh.
“I just think it’s perfect,” 27-year-old Smith said of the painted brick building that’s located around the corner for the Lakewood YMCA and across the road from the Lakewood Shopping Center.
On the inside, there are green tiles and green-painted walls. There are stacks of old handwritten cards with customers’ names and information, an old ledger, and pictures of flowers from the building’s former life. In the front room, dried flowers are still up in fixtures on the walls.