In a week when the Research Triangle Regional Partnership issued a report outlining the challenges the region faces in trying to grow its biotech and life science industrial base, a couple of developments pointed to the industry’s importance.
If North Carolina, and the RTP area in particular, is to continue to have a growing biotechnology and life science industry, state leaders must be more proactive in order to counter ever-increasing competition.
That’s the conclusion of a new 21-page report commissioned by the Research Triangle Regional Partnership, the NC Biotechnology Center, the NC Biosciences Organization and PricewaterhouseCoopers LLP.
Meanwhile, BioStratum disclosed its involvement in the development of a potential cancer test that could be crucial to early treatment for patients. And a drug for the treatment of people suffering effects of Parkinson’s disease that was developed by Mylan Laboratories in Pittsburgh and its subsidiary, Bertek Pharmaceuticals in RTP, apparently is on its way to gaining approval from the FDA.
Here’s a look back at the major stories reported in LTW:
BIOTECH & LIFE SCIENCE:
A Must Read – Biotech Report Is a Wakeup Call for RTP, NC Leaders –
Excerpts of the Report: Growing Competition, RTP’s Advantages, and Recommendations for Future Growth –
BioStratum Strikes Deal To Develop Cancer Diagnostic Test –
New Drug Application Filed for Treatment of Parkinson’s ‘Off’ Episodes –
Paradigm ‘Has Taken the Medicine,’ Reports Big Increase in Losses in Year of Transition –
PUBLIC POLICY: DEBATING EMERGING ISSUES:
Emerging Issues Forum Offers Ideas for Boosting North Carolina –
Responding to Emerging Issues Forum: Policy Prescriptions for Curing NC’s ‘Economic Disaster’ –
MERGERS & ACQUISITIONS:
NuTech Adds ‘Complexity Science’ To Its Offerings Through Acquisition –
Castleton Group CEO Says Time Was Right To Acquire a Rival; He Also Sees Signs of a Tech Turnaround –
On the Rebound? Entrepreneurs, VCs Get a Pep Talk, Positive Spin on Funding Trends –
VC Go-Round: Even as Intersouth Raises New Fund, Investments Still Lag –
What Exit Strategy Now? Venture-backed M&A Activity Fell Sharply in 2002 –
TELECOMMUNICATIONS & NETWORKING:
A Survivor: US LEC Continues To Grow in Devastated CLEC Telecom Sector –
Data in the Fast Lane: Upgraded Internet2 Passes Speed Tests With Flying Colors –
ITXC, Cisco Team Up To Show What a ‘Next Generation Network’ Will Look Like –
Don’t Underestimate the Threats of Hackers, Crackers and Cyberterrorists, Warns Lancope Founder –