Durham-based Chimerix announced Tuesday that it sold an additional 1.098 million shares of common stock after its underwriters chose to exercise their option to buy those shares in the drug development company.
Several hundred job seekers are expected to attend a focused job fair April 24 at the Sheraton Imperial Hotel and Convention Center in Durham.
The German chemical company BASF is preparing for a possible additional expansion in the Research Triangle Park, where it has employees working for its crop protection business as well as at its plant science global headquarters.
Foreclosure filings in Durham County were down 4 percent in the first quarter compared with the same quarter last year.
Twenty-eight year old Lucinda Camras said she and her father worked together on the design for a device that would treat glaucoma, a group of diseases that can cause vision loss and blindness.
Her father, Dr. Carl Camras, an ophthalmologist and researcher at the University of Nebraska Medical Center, died in 2009. She said she first started researching glaucoma at age 16, and continued as an undergraduate. She’s still working to develop the technology behind his vision.
AgBiome, a start-up company looking to develop agricultural products to improve crop productivity, has raised $14.5 million for research and development and to support the launch of its first products.
Since its opening 20 years ago in Durham, workers at GE Aviation’s aircraft engine assembly plant here have assembled about 14,000 engines and engine cores, the plant’s manager said.
Mike Wagner spoke at an anniversary ceremony held at the Miami Boulevard facility on Wednesday. The event included former and current plant managers and staff.
The facility was previously used by GE’s Energy business for building steam turbine engines, Wagner said. The facility then was dormant, he said, and the company’s aviation business was expanding.
A Durham-based company has raised $6 million toward the launch of an on-farm diagnostic developed to detect mastitis, an infection of the milk-producing glands, in dairy cows.
Durham County’s unemployment rate in February was 7.1 percent, the lowest in the county since March 2009, according to data released Wednesday.
Developer Josh Parker of Durham is again working with Baltimore-based Wexford Science + Technology LLC to try to buy the former cigarette factory that remains empty and undeveloped at the corner of Main and Duke streets.
The building’s owner has an agreement with the limited liability company Wexford Durham Chesterfield LLC that grants the company option to buy the building through June 25. The two companies entered into the agreement Feb. 25, according to a Durham County Register of Deeds filing.
Parker, who said he’s working with Wexford on the project, is one of several developers who have attempted the building’s redevelopment. He has previously had the building under contract as well.
You can’t necessarily just walk into a factory anymore and get a job, said Brenda Warwick, senior human resources associate at Eisai Inc., the U.S. pharmaceutical business of a Japanese company that has operations in the Research Triangle Park
A developer has received conditional approval for plans to build apartments on a parking lot used mostly by residents of the West Village lofts, but has abandoned plans for now for a smaller additional apartment building across the street.
Durham-based solar technology company Semprius is looking to raise $4 million to use for general corporate purposes as moves toward commercialization of its solar modules.
Deepak Gopalakrishna, a master’s of business administration student at the University of North Carolina at Chapel Hill Kenan-Flagler School of Business and an entrepreneur, said he hadn’t left the country in more than four years.
