Elizabeth Fleischer

​BioCryst Pharmaceuticals stock fell 8 percent in Monday morning trading after it reported fourth-quarter earnings that beat estimates but also reported results for an experimental drug that disappointed investors.. The net loss for the quarter was $4.5 million, or 6 cents per share, down significantly from $18.1 million, or negative 25 cents per share from the same period in 2015, according to a filing with the Securities and Exchange Commission. Ten analyst expectations averaged an estimate net loss of 23 cents for the quarter. BioCryst Pharmaceuticals is a drug development company that designs drugs to block key enzymes involved in...

​UNC-Chapel Hill has applied for a patent for a modular staged simulator and a process of simulating medical trauma for training and certification purposes. UNC-Chapel Hill and Richard Feins, Andrew Grubbs, Alexander Grubbs and Matthew Dedmon filed a patent application with the U.S. Patent and Trademark Office on Nov. 10. This patent relates to training exercises ex vivo, or outside of the body, as compared to traditional forms of training using intact cadavers. It also includes operating surgery in vivo, or inside animal subjects, and supervised apprenticeship performing surgery on humans with trauma or diseases under a medical practitioner....

CHARLOTTE—Telecommunications company Airwavz Solutions Inc.has filed to raise $2.03 million in equity, according to a Securities and Exchange Commission filing. The company has raised $1.59 million so far from 22 investors. Charlotte-based Airwavz Solutions offers products to help wireless companies increase capacity and coverage in their networks. It was incorporated in 2013 and has offices in Atlanta, Houston and Minneapolis. Airwavz Solutions, which was previously based in Durham, claimed a Rule 506 (b) exemption. Companies relying on the Rule 506 exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form...

North Carolina State University and one of its professors applied for a patent regarding a method of diagnosing bladder cancer in dogs. N.C. State University and Matthew Breen, a professor in its College of Veterinary Medicine, filed a patent application with the U.S. Patent and Trademark Office on Oct. 6. The patent includes a method for detecting cancer in dogs where they measure different DNA copies to see if they are elevated or reduced from a normal control sample. The type of cancer is called transitional cell carcinoma, or TCC, and is also known as urothelial carcinoma. It is the...

Triangle Capital Corp. has announced the appointment of three executive officers, according to a filing with the Securities and Exchange Commission. Jeffrey Dombcik was appointed to senior managing director and chief credit officer. Prior to joining Triangle, Dombcik worked as the managing director for South Franklin Partners, a small investment company. He also has previous experience in a private equity investment firm and middle market investment banks. Dombcik is a graduate of Miami University and John Carroll University. Cary Nordan was promoted to senior managing director and chief organization officer. Prior to Triangle, he worked at BB&T Co. leading...

Red Hat Inc. shareholders have approved a change in stock ownership requirements for its executives, according to a Securities and Exchange Commission filing on Monday. The CEO, who is currently James Whitehurst, must hold at least 81,000 shares while executive vice president must own at least15,000 shares. At Monday’s price of stock, the CEO’s minimum holdings equal $6.37 million and the executive vice presidents shares each equal $1.18 million. Whitehurst currently holds more than 440,000 Red Hat shares, and the current executive vice presidents all hold more than 50,000 shares, according to the company’s most recent proxy statement. Senior vice presidents must...