Research Triangle Park | WRAL TechWire - Part 3

Research Triangle Park

Aidia Investment Group, owner of RTP-based Invitrox, assays $500K in equity

Research Triangle Park-based Aidia Investment Group, which owns Invitrox Technologies, has raised $500,000 in new equity. Invitrox, which is commercializing technology developed at the University of North Carolina at Chapel Hill, develops diagnostic and therapeutic assays it says have a higher degree of specificity and sensitivity than current methods.

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A first in HIV fight: FDA approves ViiV Healthcare’s 2-drug combo

ViiV Healthcare, which operates its U.S. headquarters in RTP, won approval Wednesday from the FDA for its two-drug combination to treat HIV. It’s the first HIV treatment combining two drugs rather than three or more that the FDA has approved. The approval could be big news for GlaxoSmithKline, which is the majority owner of ViiV, in the $27 billion a year HIV market. Rival Gilead has a new three-drug combination treatment under review by the FDA with a decision expected in early 2018. The ViiV combination drug in one tablet is called Juluca, which the FDA described as “a...

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LabCorp, Lenovo, IBM, GSK, Cisco earn perfect scores for LGBTQ equality

Five tech and life science corporations either based in or operating major campuses across North Carolina earn perfect scores for lesbian, gay, bisexual, transgender and queer equality and inclusion in the new Human Rights Campaign Corporate Equality Index. Our state – rubbed raw and divided by the controversial-and-repealed “bathroom bill” AKA HB2 – also has several other firms on the list, ranging from law to finance. But since WRAL TechWire’s focus is technology and life science, here are the firms that achieved 100 scores based on a wide range of anti-discriminatory standards: GlaxoSmithKline LabCorp Lenovo IBM Bayer, which has...

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Here’s why Cisco is acquiring a cloud security service firm (+ video)

Cisco, which operates one of its largest corporate campuses in RTP, is making another acquisition. The head of Cisco’s M&A and venture investment team explains why it’s buying Observable Networks. The latest emerging firm to become part of Cisco is St. Louis-based Observable networks. “The acquisition target provides dynamic network behavior monitoring to help security teams find anomalies that could indicate a breach,” reports NetworkWorld. The deal was announced Thursday. VIDEO: Watch an overview of Observable at https://www.youtube.com/watch?v=6mydBTDkvfI Why make the buy? Rob Salvagno, Vice President of Corporate Business Development and head of Cisco’s M&A and venture investment team...

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