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The North Carolina Biotechnology Center is a non-profit, public-private partnership organization located in Research Triangle Park (North Carolina, United States).Founded in 1984 by the North Carolina General Assembly, it was the first state-sponsored biotechnology initiative in the United States, merging the interests of the academic private and public sectors. [1]
A 2010 Battelle report commissioned by the North Carolina Biotechnology Center found that almost 47,000 biotechnology-related (direct and indirect) jobs were added during the period of 2008-2010, bringing the total jobs in North Carolina to almost 227,000 and annual compensation and benefits increased nearly $3.3 Billion. [2]
According to the North Carolina Biotechnology Center, North Carolina is home to 528 biotechnology companies that provide 57,000 jobs and $1.92 billion in taxes for state and local government. [3] Employment in the industry has grown 4.1% from 2008 to 2010, when other industries shed thousands of jobs. [4]
The state legislature appropriated $6.5 million annually (about $19 million in today’s dollar) to launch the North Carolina Biotechnology Center in 1984. Hancock, who went on to chair the center ...
NCBiotech entered the Build Back Better Regional Challenge and proposed a new coalition aimed at offering good-paying jobs to diverse and underserved populations.
For the second time in eight days, the Eastern North Carolina county of Wilson is celebrating the promise of a new pharmaceutical facility. Last week, the manufacturer of the cold and flu medicine ...
The company was founded as a spin-off from North Carolina State University (NCSU) in 2015 with licensed CRISPR patents from the university. [6] [7] The company started with a $5 million convertible note from Tencent Holdings and North Carolina Biotechnology Center.
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