Posts tagged “RTI”
OxyBio shares close up 30% after trifecta: Acquires pharma firm, hires CEO, adds potential $600M drug
Wall Street likes this deal. Morrisville-based OxyBio says it is buying privately held Phyxius Pharma for some $4.8 million in stock and is naming the co-founder and CEO of that company as its chief executive officer. It's also acquiring the rights to a drug that could be worth $600 million a year.
The National Institutes of Health awards UNC-CH a five-year grant for programs, drug development and technology targeting the improvement of healthcare across North Carolina. RTI International and N.C. A&T will share in the contract. Duke, meanwhile, receives a $47 million grant.
Funded by the federal government as part of a bioterrorism defense program, the RTI-created "synthetic population viewer" provides household data across the country down to "microcommunities."
FMC Corporation, a $3.7 billion a year chemical company, says it has acquired a business unit of RTP International that is focused on crop science. RTI launched the group two years ago and says the new owner is in a position to commercialize its research.
Under a five-year contract with the U.S. Agency for International Development, RTI International will seek to drive innovation and growth in the Philippines by fostering partnerships between universities and the private sector.
RTI International is joining with the University of North Carolina at Chapel Hill and the National Institutes of Health in a research study sequencing the entire genome of 400 infants to find a way to improve early detection of genetic disorders.
A grant from the National Human Genome Research Institute will enable RTI International to enhance genomic research through its no-cost PhenX Toolkit.
Cement plants are large producers of carbon dioxide emissions. RTI says that if the project is successful, the technology could offer the cement industry a viable option for mitigating carbon dioxide.
A national Big Data consortium is launching from the University of North Carolina at Chapel Hill's Renaissance Computing Institute with the goal of identifying problems with and finding solutions for working with large amounts of data.
New research from North Carolina State University and RTI International has yielded new understanding of thin films, opening the door to more efficient technologies to power or cool electronics.
A prototype catheter that can create live 3-D ultrasound images from inside the heart wins a scientific award as RTI International looks for partners to commercialize the technology.
The Research Triangle Cleantech Cluster, am organization created to promote and help grow the region's renewable, "smart" energy and other cleantech industries, has hired RTI to continue a study of the area's "smart" assets.
A report from RTI International and a consulting firm concludes that North Carolina saved energy and money while creating an average of more than 4,000 jobs a year through clean energy and efficiency programs from 2007 through 2012. Looking ahead, the report says these programs will save consumers an average of more than $1 per month.
Nextreme Thermal, a spinout from RTI International which has developed cooling technology for use in high-performance electronics and optical devices, is being acquired by Laird Technologies. No layoffs are anticipated and company is expected to stay in Durham.
Cary-based SAS, rated the best international work place in 2012, has moved up a spot on the best places to work in the U.S. in a new survey from Fortune magazine. SAS was third a year ago. NetApp, which has a major facility in RTP, ranks sixth.