Norak Biosciences, Inc.

Type of Company: Private Biotechnology

Address: P. O. Box 14769, RTP, NC 27709

Phone: 919-248-8000

Web Site:

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

Board Members:

Roger Blevins, Pharm.D.
Carson Loomis, Ph.D.
Dani Bolognesi, Ph.D.
B. Jefferson Clark
Russel French
Taro Inaba
Sallie Shuping-Russell


“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