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Billionaire's New Venture Capital Fund and Science Park Make Southeast Bio Debut.


The North Carolina Research Campus The North Carolina Research Campus (NCRC) is a mixed-use research facility located in downtown Kannapolis, North Carolina, approximately 20 miles northeast of downtown Charlotte. , Backed by David H. Murdock David Howard Murdock (1924-), with his net worth of 4.2 billion US Dollars, is the 204th richest person in the world. A high-school dropout, Murdock was drafted by the U.S. Army in 1943. , Seeks Partners, Investments at Atlanta Conference

ATLANTA -- The North Carolina Research Campus, one of the world's most comprehensive biotech projects, takes its message of opportunity to Southeast Bio in Atlanta, Nov. 8 to 10.

Vice President of Business Development Clyde Higgs will focus on:

-- Recruiting biotech companies to the developing 350-acre campus (www.ncresearchcampus.net), home to remarkable partners and resources. Higgs' primary interests are in the fields of medical devices, diagnostics, health and wellness and agri-bio.

-- Developing business opportunities around a $200 million venture capital fund that will, among other functions, help seed growth at the campus.

"What's happening at the research campus here at the start of the 21stcentury is akin to what happened when Henry Ford introduced a new vision for production near the dawn of the 20thcentury. We're assembling resources in exciting new ways and making great things possible," said Higgs, who will formally address conference-goers on Nov. 9 at 9:15 a.m. in the Windsor Ballroom of the InterContinental Hotel Buckhead.

Planned as a public-private partnership Public-private partnership (PPP) describes a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies. These schemes are sometimes referred to as PPP or P3. , the campus combines the research power of world-renowned universities and work training programs with the know-how of business. This "dream team" includes billionaire David H. Murdock, owner and chairman of Castle & Cooke, Inc. and Dole Food Company Dole Food Company, Inc. is an American-based agricultural multinational corporation headquartered in Westlake Village, California and is the leading grower and packer of such food items as bananas, pineapples (fresh and packaged), grapes, strawberries, and other fresh and frozen , Inc., Duke University, the University of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
 System and the N.C. Community College System.

Construction is well underway on the project's core laboratory building. Two companies, the BioMarker Group and Pelican Life Sciences, recently announced plans to move to the campus, which is designed to complement North Carolina's biotech corridor. The state boasts the country's third largest collection of biotech companies as well as nationally-ranked research universities.

For more, please contact L. Hester at (919) 882-1979 (work) or (919) 923-0745 (cell).

About the North Carolina Research Campus

Other features of the research campus (www.ncresearchcampus.net) include:

-- A 350-acre campus that complements North Carolina's biotech corridor, including the Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , the Triad, Asheville and Charlotte.

-- An initial 311,000-square-foot building to house the core laboratory, a state-of-the-art contract manufacturing biogenic biogenic /bi·o·gen·ic/ (-jen´ik) having origins in biological processes.

biogenic

having the property of originating in a biological process.
 facility and tenants.

-- One million square feet of office and laboratory space.

About Southeast Bio

Southeast BIO (SEBIO) is a regional nonprofit organization Nonprofit Organization

An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well.

Notes:
Examples of non-profit organizations are charities, hospitals and schools.
 that fosters the growth of the life sciences industry in the Southeastern United States through efforts that promote entrepreneurship and bring together companies, investors, universities, and support organizations active in the development of the industry.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 7, 2006
Words:410
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