The FDA’s approval on Thursday of Trimeris’ new aids drug Fuzeon highlighted a busy week for entrepreneurs and those involved in the life science, biotech and high tech sectors.
The Fuzeon decision generated headlines worldwide, reflecting medical science’s continuing battle to deal with the AIDS menace, which has killed nearly 30 million people. Fuzeon isn’t a cure, but it is a help for the thousands who have been treated by other drugs that are no longer — or ever were — effective.
Other good news on the drug front included the FDA’s acceptance of a new drug proposal from Pozen for its injectable migraine headache drug. And two NCSU professors reported a breakthrough in transgenic research.
Meanwhile, three venture capital deals closed, including OncoGenome, a European-based firm which has its US headquarters in Durham.
Here’s a look back at Local Tech Wire headlines from last week. But please note this is only a partial listing. For more than 30 other shorter stories, check the “Hot Off the Wire” section on the front page.
A Sincere, Deserved Tip of the Hat to the Folks at Trimeris: Well Done –www.localtechwire.com/article.cfm?u=3558
Pozen’s Migraine Drug Takes Another Step Toward Formal Approval-www.localtechwire.com/article.cfm?u=3556
Two NCSU Scientists Report a Breakthrough in Transgenics-www.localtechwire.com/article.cfm?u=3524
Are ‘Hot Spots’ the Latest Fad? Or Will They Get Traction? Who Knows-www.localtechwire.com/article.cfm?u=3549
Who Says Execs Are Clueless in All Things Tech? Not Any More-www.localtechwire.com/article.cfm?u=3528
Three Startups To Make Pitches for Support at Blue Ridge Angel Event-www.localtechwire.com/article.cfm?u=3540
VC Is Still Available Across Southeast — But It’s Not Cheap-www.localtechwire.com/article.cfm?u=3536
Five Ventures Panel Picks Its Finalists — and It Wasn’t Easy-www.localtechwire.com/article.cfm?u=3539
Genomic Sciences Firm Which Has US Headquarters in Durham Gets $15M Investment-www.localtechwire.com/article.cfm?u=3546
Energy Outsourcing Management Firm Lands $15.5M Round-www.localtechwire.com/article.cfm?u=3545
Atlanta Security Firm Lancope Raises $5M Second Round-www.localtechwire.com/article.cfm?u=3530
Back in Saddle: New Hatteras CEO Has Been Top Officer Before-www.localtechwire.com/article.cfm?u=3514
Seven Pillars of Success in Today’s Economy: Knowing Right Questions To Ask — and Answering Them-www.localtechwire.com/article.cfm?u=3557
Strongest and Weakest Link – The Human Side of Technology-www.localtechwire.com/article.cfm?u=3548
What Exactly Is ‘Complexity Science’? Here’s a Primer-www.localtechwire.com/article.cfm?u=3525
Entrepreneurs and other Americans Can Learn a Few Lessons From Our Friends Down Under-www.localtechwire.com/article.cfm?u=3510
Duke Unveils What Turned Out Not To Be a Devil of a Project — a New, Feature-laden Web Site-www.localtechwire.com/article.cfm?u=3527
EarthLink Rolls Out Flat-rate VoIP Service for Broadband Customers-www.localtechwire.com/article.cfm?u=3555
BellSouth Will Exit Data Hosting Services; IBM To Take Over Two BS Centers-www.localtechwire.com/article.cfm?u=3538
SAS Increases Revenues 4.4% to $1.18B in 2002-www.localtechwire.com/article.cfm?u=3518
Alphanumeric Further Expands Its Growing ‘Footprint’ With a NOC-www.localtechwire.com/article.cfm?u=3513