Regional News, 2002

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12/16/2002
Triangle Pharmaceuticals Acquired for $464 Million
TargaCept Completes $46 Million Equity Financing
Chapel Hill's Trivirix Nets $25 Million in Private Equity
Pinpoint Networks Raises Additional $2 Million
Golden Leaf Foundation to Invest in N.C. Biotech Ventures
AlphaVax Receives Federal Grant to Combat Bioterror Threat
Tarboro Auto Parts Company Expands, Adds More Employees
NCOE E-News: Report Predicts IT Spending Will Rise in 2003
Six Companies Selected for CED'S Venture 2003; Second Application Deadline Slated for December 19th
11/25/2002
AdvancePCS Completes Acquisition of Greensboro's Accordant
Inspire Initiates Phase III Trial
Aurora Reaches Three-Quarter Mark on New Venture Fund
SCYNEXIS to Collaborate with Roche
Former GSK, Ardent Exec to Head Serenex
SEBIO Announces Premier Speakers; Registration Deadline Is Nov. 29
Don't Miss the Nov. 26th Early-Bird Deadline for CED's Venture Presenter Applications
The NCOE Announces a Comprehensive Federal Report on Tech Transfer
11/18/2002
MetaPartners Acquires JHowe Consulting
YellowBrick Solutions Closes on $3.9M
TogetherSoft Acquired by Borland Software for $185M
RF Micro Buys Resonext for $133M
MCNC Receives $1.35M Grant; Launches New Life Sci Program
Numerical Design Ltd. Named Top Award Finalist
Mi-Co Adds Barrett Joyner as VP
NC State's Institute for Emerging Issues Releases Report on Biotech in N.C.
NCEITA 21 Awards: "Technology Rocks," Nov. 21
11/11/2002
TogetherSoft Acquired by Borland Software for $185M
RF Micro Buys Resonext for $133M
etrials and Araccel in Merger Agreement
Elogex Raises $17M
Waveguide Raises Money from SEI and Academy
FullSeven Raises Undisclosed Amount of Venture Cash
UNC-CH Selects Life Sci Investor to Head New $20M Fund
Serenex to Collaborate with Johnson & Johnson to Uncover New Drug Targets
Trimeris Names New President; Fuzeon(TM) Receives Priority Review Status by FDA
Zoom Culture's "Hip Hop Nation" TV Show Signs National Deal
Eight Research Triangle Companies Selected to Present at SEBIO
Embrex on Forbes's "200 Best Small Companies in America" List for Third Time
SciQuest Ranked 38th Fastest-Growing Technology Company in North America
N.C. Business Climate Receives Top Rank by Site Selection Magazine
10/14/2002
Trimeris Raises $102M in Stock Offering
Golden LEAF Invests $40M in Two N.C. VC Funds
IBM Completes $3.5 Billion Acquisition of PwC Consulting
Trainersoft and Boston's OutStart Merge
Paradigm Genetics, Inc. Awarded $23.8M
N.C. State Expects $13M to Establish NASA Aerospace Institute
Survey: N.C. No. 2 in Business Climate
Roberson Receives Lifetime Achievement Award
ICAgen Inc.'s Sickle Cell Treatment Put on FDA's Fast-Track
9/30/2002
Overture Networks Secures $15 Million Second Round
LVL7 Systems Lands $12.5M
Encelle Lands $4M
Ziptronix Closes on $3.5 Million in Second Round of VC
Norak Licenses Technology to Merck
Analytical Sciences Wins $23M NIOSH Contract
MERIX Names New CEO
American To Fly Nonstop RDU-San Jose Route
9/16/2002
FormScape Raises $5 million
Noverant Formally Launches with New Funding
Sustainable Jobs Fund, L.P., Invests in RYLA Teleservices, Inc.
CED Beats Goal with $4M Fundraising Campaign
PharmaNetics Forms Deal with The Medicines Company
SciQuest Named Fastest Growing Tech Company in the State
MediaSpan Partners with Art.com
Gentris Forms Deal with Wisconsin Firm
9/2/2002
Hatteras Networks Raises $45M
Serenex Raises $15M in Second Round
Pinpoint Raises $8M Second Round
TEAMM Pharmaceuticals Takes $6.5M Series A Round
DataMEG Corp. Raises Minimum $240,000 for NECI
Peopleclick Acquires itiliti
Targacept Acquires CNS Disorder Drug
NC Biosciences Industry To Receive $150 Million In Tobacco Funds
CED Names Howard Anderson as Keynote Speaker for InfoTech 2002
8/19/2002
Nobex Raises $35M in Venture Capital
Charlotte's V3 Systems Gets $11.5 Million
Trinity Convergence Raises $4.5M in Second Round
ParinGenix Gets $4M Series A
AvidXchange Raises $1.8 Million of Venture Capital
TogetherSoft to Acquire Studio Product Suite from WebGain
Triangle Pharmaceuticals Names New President and CEO
r+m creative Receives Design Recognition
8/2/2002
Summus Receives $10.5M
HiddenMind Technology Receives $10M
Oculan Secures $5M in Series C Financing
Zoom Culture Raises $2.5M
Brogan & Partners Raleigh Office Gets $18M Contract
LVL7 Lands Deal With Intel
CED Selects the First 10 Companies to Demo at InfoTech 2002
7/22/2002
Micell Receives $2M Financing
AppGate Raises $2.5M More in Third Round of VC
Batanga, Kucera Get Piedmont Angel Funds
FullSeven Receives Funding, New CEO
Paradigm Genetics Appoints CEO
Lionbridge Technologies To Acquire Morrisville-based eTesting Labs
Nine More Hospital Systems Choose MercuryMD
7/8/2002
Total Billings Lands $3 Million Second Round
PPD Takes $3.6M Stake in New Jersey Biotech and Acquires Asian Firm
N.C. Firms Bring In $168 Million in VC Through June
Inveresk Research Group, Inc. Prices Initial Public Offering
SCYNEXIS Forms Collaboration with Merck
Norak Biosciences, Inc. and Q3DM Inc. Announce Collaboration
BioSignia Scientists Present Interesting Results at Experimental Biology 2002 Conference
Pinpoint Expands Service Offering with Verizon
6/24/2002
SCYNEXIS Raises $29M in Series C Round
ChemCodes Names New President and CEO
Inspire Shares Get a Boost with Positive Test Results
Duke MBA Students Offer Consulting Services To Triangle Area Businesses
NIRI Triangle Chapter Receives Charter At Global Conference
6/12/2002
INC Research Gets $11 Million
PPD Acquires Piedmont Research Center
Innovent Solutions Acquires Reportability.com
New President and Chairman Named at Inspire Pharmaceuticals
Pilot Therapeutics Forms Major Strategic Relationship
Red Hat, Oracle and Dell Form Technology Alliance
iEntertainment Licenses to Simon and Schuster
6/3/2002
Nobex, Glaxo Collaborate on $283 Million Deal
EMD Buys 109 Acres in Durham for $60 Million HQ
LendingTree Awarded Patent
RTP-based Bloodhound Names Gary Twigg as CEO
CED Receives $200,000 in Commitments for 'Innovation' Campaign
CED Reschedules Awards Event
Apply Today to Demo at CED's InfoTech 2002
5/28/2002
Interpath Merges with USi
Incara Gets a $3 Million Lifeline from Irish Drug Giant
iReady World Raises $6 Million Second Round of Venture Capital
Verispan - Quintiles' New Joint Venture - Gets Underway
UNC Research Group Receives $8 Million to Model 3-D Anatomic Objects from Images
Stock Options Seminar Scheduled for June 4th
CED's InfoTech 2002 Seeks Applications to Demo
5/21/2002
Nobex Lines Up $12M in $40M Round
AvidXchange Receives $1M in Funding
Inveresk Research Group Targets IPO Price
CED's InfoTech 2002 Seeks Applications to Demo
Oriel Demos Dry Powder Inhaler
Gates Foundation Gives $30M for Duke Science Initiatives
AeA Offers Southeast Investment Conference
The Business Journal Recognizes the Triangle's Most Promising Leaders
5/13/2002
BioStratum Raises $20M
Cropsolution Raises $6.4M Series A, Spins out of Invenux
ChemCodes Raises Additional $1 Million in Second Round
Zoom Culture Raises $7M
Biogen dedicates $173M plant and $40M lab
Investors pay $13.15 million for EPA facility
NASA's RTTC Initiates Tech Transfer Agreement with NC A&T
5/6/2002
BlueBolt Networks Acquired by Investment Group
Venture 2002 A Success
2001 Venture Report Online
Doss and Nelson Interviewed on Success Today
4/29/2002
CipherOptics Raises $5M Series A Round
Wilmington's SiteScape Gets $5M Second Round
Greensboro's Todd Organization Receives $7M
Analytical Sciences, Inc. Launches MedNetics
NetIQ Wins SIIA Codie Award
EnSolve Awarded Second Patent
4/23/2002
Cogent Closing on a Third Round
Southeast Interactive Raising Fourth Fund
Saffron Technology Awarded Major Contract
Trimeris' Drug a Success In Clinical Trials
Arsenal Digital Solutions Names New CEO
4/15/2002
LiveWire Logic Closes on $2.8 Million
Cree Reports 3Q Earnings and Plans to Open Japan Office
French Company Acquires DigitalESP
MoliChem Successfully Completes Phase IB Study in Cystic Fibrosis Patients
Matt Szulik Named Red Hat's Chairman
4/8/2002
River Cities Closes on $50M for Third Fund
Peak 10 Closes $9.2 M Series C Round
RF Micro to Issue Debt and Equity Securities
nTouch Announces Alliance With First Genetic Trust, Inc.
SciQuest Enters Global e-Procurement Agreement with GlaxoSmithKline
CED Accepts Springboard: Southeast 2002 Applications
4/1/2002
Trinity Convergence Lands $3.1 Million Series A
Aurora Fund's Halfway to $75 Million Fundraising Goal
Quintiles Buys Bioglan Assets for $26.7M
Indian Firm Acquires Charlotte's Osprey
IT Wins in The Federal Economic Stimulus Package
TogetherSoft and Sun Partner
3/25/2002
Gentris Receives $1.5 M
New Venture Lulu, Inc. Acquires OpenMind
SciQuest Buys Groton NeoChem
Sustainable Jobs Development Corporation Secures Initial Funding
Midway Adds Flights to Florida
NCEITA Forum Raises Important Security Issues
3/18/2002
In Spite of Tough Times, 2001 Was 3rd Best Year for Venture Investing
Salix Announces Exercise of Over-Allotment in Public Offering
Quintiles, McKesson Form Joint Venture
Nitronex Plans to Add Employees
ASI to Develop HIV/AIDS Resource Center in Ethiopia for CDC
3/11/2002
Caspian Networks Raises $120M Fourth Round
LipoScience Files for IPO
Salix Pharmaceuticals Announces Public Offering of 4,000,000 Shares
CED Calls for Nominations for E&Y Entrepreneur of the Year Award
TriVirix To Purchase Medtronic Facility in Minnesota
3/4/2002
AppGate Secures $4M
nTouch Research Lands $2.6M in Round Three
Cisco VP to Speak at Venture 2002
CED Calls for Applications for BIO2002 Conference
RTP beats out Kansas City for Bayer CropScience Headquarters
Interim CEO Named at Paradigm
SAS Signs Deals with AstraZeneca, Wal-Mart
2/25/2002
Venture Capital Activity Stabilizes in U.S. and N.C.
CED Adds New Panel to Venture 2002
SciQuest Acquires Textco, Inc.
Wake Forest University Launches Research Center; $20M Drive Planned
NetIQ Wins the Communications Solutions Magazine Product of the Year Award
SpectraSite Communications to Install Systems in Trump Properties
2/18/2002
MoliChem Medicines Receives an Additional $1.5 M
28 Companies Selected for CED's Venture 2002
U.S. Secretary of Health and Human Services Speaks at Emerging Issues Forum
Red Hat Acquires Assets, Employees of ArsDigita
RF Micro Devices Supplies Power Amplifiers for Use in Palm i705
2/11/2002
Norak Biosciences Takes $13M Series B Round
NetOctave Closes Second-Round Funding of $7.8 Million
MindValve Raises Seed Funding, Spins Out from UNC Charlotte
Top VC Steve Jurvetson to Speak at CED's Venture 2002
Chinese Delegation Visits BioResource International
Avesair Acquires WindWire
2/4/2002
ChannelAdvisor Lands $5.7M Funding
Code Refinery Announces New Name at LabAutomation Conference
South Has Several Top Cities For Entrepreneurs-Charlotte and RTP Rank High
Coming Soon: Triangle's First Entrepreneurial and Technology Radio Show
1/28/2002
MediaSpan Receives $8.5M Series A Financing
Charlotte's Waveguide Solutions Receives Investment
HAHT Commerce Acquires iMediation
LIPSinc Forms Co-Marketing Relationship with Intel Program
POZEN CEO to Present at the U.S. Bancorp Piper Jaffray Health Care Conference
1/21/2002
Level 8 Systems Secures $3.6 Million for Cicero Operations
Xanthon Wins Grant from US Army to Research DNA Biosensor
ChemCodes Expands Management Team
CED Partners with Local Tech Wire
Avesair and Canadian Company Partner
1/11/2002
Apply to Present at CED's Venture 2002 Before January 31
DarPharma Receives $2.4 M Series A
California Investment Banking Company Forms Alliance with Raleigh Company
TiE Offers Special Rate to CED Members for Jan. 14 Event
Biolex Hires New Senior VP
1/8/2002
Erskine Bowles and Top Industry VCs to Speak at Money & Markets 2002
Two North Carolina Biotech Companies Present at JPMorgan H&Q Healthcare Conference
RTP Selected In Regional Competitiveness Study
Bandwidth.com Simplifies Internet Connectivity for Commercial Real Estate
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