Business: Local and State

Jul. 20, 2014 @ 05:59 PM

Genecentric capitalizes on personalized medicine boom

GeneCentric Diagnostics, a Durham-based cancer diagnostics company, has completed a $5 million equity sale, started in 2013.


Jul. 13, 2014 @ 11:45 PM

Refectory, now in single location, maintaining mission

The owner of The Refectory Café started on Duke University’s campus with a mission to change the model for quick-service food and to be the school’s first “green café.”


Jul. 13, 2014 @ 06:13 PM

Career briefs, July 14

  • Pharmacist David S. Moody Jr. honored
  • Senior PharmAssist announces new board members, officers
  • Ashe Avenue promotes Matt Murphy to president and partner
  • ISES honors Washington Duke Inn & Golf Club
 

 


Jul. 10, 2014 @ 06:32 PM

Lenovo holds on to top spot for PC shipments

Lenovo held on to its title as the top personal computer maker in the world in the second quarter, according to results from two market research firms.


Jul. 09, 2014 @ 10:57 PM

BioMérieux holds groundbreaking for new Durham production line

BioMérieux held a groundbreaking at its U.S. headquarters in Durham County on Wednesday to mark the start of construction on a project that will boost the plant’s capacity for making a test that can detect bacteria in blood.

“The demand is only growing; we’re on back-order now,” said Aaron Rice, senior manager and project lead for the construction project. “We can’t grow enough.”


Jul. 08, 2014 @ 05:46 PM

Entrepreneur sells home to support Durham-based startup Avelist

Jody Porowski was living the American dream of owning her own home. But she also had a dream of something that she wanted more: to successfully launch her own start-up tech company.


Jul. 08, 2014 @ 05:21 PM

Durham wearable health technology startup acquires California company

Durham-based Validic has acquired a California-based company that’s also in the business of getting data from wearable health-tracking devices like heart-rate monitors and blood-pressure trackers.


Jul. 08, 2014 @ 04:16 PM

Whiskey to close

The downtown bar Whiskey will be closing in August after nearly five years in business, the bar announced on social media networks Tuesday.

 

Jul. 08, 2014 @ 10:47 AM

Durham Restaurant Inspections, June 28 - July 6

see http://bit.ly/13q25In  for all NC Health Inpsections


Jul. 07, 2014 @ 06:29 PM

Self-Help to get traditional retail banking branch in Durham

With the acquisition of a Durham-based credit union primarily serving rural, underserved communities, Self-Help Credit Union gained a traditional retail banking branch in the Bull City.

 

Jul. 06, 2014 @ 07:56 PM

Industry price declines impact Semprius

Because of a global decline in solar panel prices and a difficult investment market, Durham-based Semprius downsized staffing levels last year, officials with the company confirmed.
But Scott Burroughs, vice president of technology for Semprius, also said the company believes solar panel prices and the investor market have improved. The company is looking to close on financing this fall that he said is expected to help boost the company’s production capacity and move it toward its profit targets.


Jul. 06, 2014 @ 04:56 PM

Career briefs

  • NIEHS research fellow earns endocrinology internship
  • Hill, Chesson & Woody announces client manager
  • Dilweg companies announces chief financial officer

Jul. 07, 2014 @ 02:01 PM

South Court building has new owner after foreclosure

Following a foreclosure on the six-story South Court building, the property sold in April to a New York investment management firm for $12.8 million.

A lender to the previous owner moved to foreclose on the property in November after the owner defaulted on a $14.55 million loan, according to Durham County property records.

The loan was originally made in 2003 by Column Financial Inc., a company of Credit Suisse.


Jul. 02, 2014 @ 08:10 PM

Business briefs, July 3

  • Viamet Pharmaceuticals looks to go public
  • Video game convention coming to Durham

Jul. 01, 2014 @ 05:42 PM

Quintiles completes acquisition

Quintiles has completed its acquisition of Encore Health Resources, the company announced on Tuesday.