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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]
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]
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]
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The North Carolina Biotechnology Center lent the company $250,000 in both 2011 and 2012. Around that time, G1 received $600,000 in seed money from the Durham biotech investment firm Hatteras ...
[2] [3] He also holds adjunct positions in the Department of Cancer Biology (University of Kansas Medical Center) and the Department of Biomedical Engineering at Ulsan National Institute of Science and Technology (Ulsan, S. Korea). He is the founder of the biotechnology company, BioFluidica, Inc. [4]
North Carolina’s total incentives for the project could reach $30 million, including $13 million from the Golden LEAF Foundation, a nonprofit created in 1999 to help revitalize rural tobacco ...
United Therapeutics' subsidiary Lung Biotechnology PBC was the first public benefit corporation subsidiary of a publicly traded biopharmaceutical company. Utilizing perfusion, Lung Biotechnology pursued innovative technology that could preserve lungs for transplant by stabilizing lungs that would otherwise be discarded. The objective was to ...