Norak Biosciences, Inc.
Type of Company: Private Biotechnology
Address: P. O. Box 14769, RTP, NC 27709
Web Site: www.norakbio.com
Management Team Members:
Roger Blevins, Pharm.D. — President & CEO
Terry Willard — Executive Vice President
Carson Loomis, Ph.D. — Sr. Vice President, Research
Peter Heath, Vice President & CFO
Roger Blevins, Pharm.D.
Carson Loomis, Ph.D.
Dani Bolognesi, Ph.D.
B. Jefferson Clark
“A” Round: Intersouth Partners, Aurora Funds, Roger Blevins, Terry Willard
“B” Round: Noro-Moseley Partners, Mitsui Venture Partners, Aurora Funds plus two passive investors.
Projected 2003 Revenues: $8,100,000
Actual 2002 Revenues: $1,100,000
Actual 2001 Revenues: $-0-
Amount of Funding Sought: $10,000,000 – $15,000,000
Year Established: 1999
Number of Employees: 27