Chris Roush | WRAL TechWire - Part 4
Chris Roush

Chris Roush


Posts by Chris Roush


Durham agbio company Benson Hill Biosystems raises $18 million

Posted by | Mar 15, 2017

A Durham-based agriculture biotech company has raised $18.2 million in a private equity offering, according to a Form D filed Wednesday morning with the Securities and Exchange Commission. Benson Hill Biosystems Inc. is seeking an additional $7.7 million in the offering, according to the filing. Benson Hill Biosystems is a plant genomics company. It uses technologies and biological expertise to help organizations advance products to market faster and to tackle challenges in crop development. Matthew Crisp is the president and chief executive officer of the company. Prior to co-founding Benson Hill Biosystems, he was the president of the agricultural...

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Chapel Hill drug firm Cempra puts itself up for sale

Posted by | Mar 14, 2017

Clinical stag drug maker Cempra Inc. put itself up for sale on Monday, two weeks after it laid off two-third of its workers after Phase III results for one of its drugs came back disappointing. The Chapel Hill-based company said it has hired Morgan Stanley & Co. as financial advisor and to lead a review of “strategic business options.” No timetable has been set for the process. In a statement, the company said, “The goal of this process is for Cempra to determine the best use of its significant cash resources and clinical programs to deliver value to patients...

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