Business Briefs

Jan. 21, 2014 @ 06:58 PM

N.C. Commerce Secretary Decker to speak in RTP

RALEIGH -- N.C. Commerce Secretary Sharon Decker is expected to speak at the Research Triangle Foundation of North Carolina’s headquarters in the Research Triangle Park on Wednesday for the official launch of the Organization of Women in International Trade in the Greater Triangle.

The organization is a worldwide non-profit that focuses on helping women develop and execute global trade opportunities, according to a news release. The group has 25 chapters and 3,500 members in eight countries spanning the globe.

“The Organization of Women in International Trade in the Greater Triangle has been created on the principle that women in trade industries can learn and help each other to find new opportunities” said Carol Stymiest, president of the Triangle chapter, in a prepared statement. “As N.C. Trade keeps expanding, we believe [the organization] will become a great resource to facilitate interaction among women at a local and international level.”

The launch event is scheduled for 6 p.m. at the RTP Foundation.

Argos provides more stock offering details

DURHAM -- Argos Therapeutics Inc., a Durham-based biopharmaceutical company that’s developing a kidney cancer treatment, said Tuesday that it expects its initial public offering price to be between $13 and $15 per share.

According to an updated U.S. Securities and Exchange Commission filing, the company has proposed raising as much as $69 million through the stock offering.

The company plans to use the money to pay for the costs of ongoing and future drug candidate clinical trails.

This will be the second time the company has filed to go public. The company filed for a public offering in 2011, but withdrew it in March of 2012.