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This is your window into the world of Triangle business. It's the source for news on local companies and people who keep capitalism moving. It's your exclusive tip sheet on deals, squabbles and the whimsy that makes this region's industries interesting.
The blog is maintained by the reporters and editors of the N&O business staff, including Alan M. Wolf, Sue Stock, David Ranii, John Murawski and Mary Cornatzer.
Three Triangle scientists have won prestigious awards to further their research.
Tannishtha Reya, an associate professor of pharmacology and cancer biology at Duke University, and Joseph DeSimone, a chemistry professor at UNC-Chapel Hill and N.C. State, each have received this year's National Institutes of Health Director's Pioneer award. The award comes with a five-year, $2.5 million grant.
Also at Duke, Michel Bagnat, assistant professor of cell biology, won an NIH Director's New Innovator award. That includes a $1.5 million grant over five years. Bagnat won for his research on cystic fibrosis.
Reya, co-director of Duke's Stem Cell and Regenerative Medicine program, studies the chemical signals that control stem cell growth, research that could lead to new cancer treatments.
For DeSimone, the award is another prize for his collection. The co-founder of Liquidia Technologies in Durham, DeSimone will use the money to further nanotechnology research based on using tiny particles to deliver doses of medicines, the company announced this morning.
"The efforts of Professor DeSimone and his research team are leading to discoveries of novel and effective delivery methods to prevent and treat a wide range of diseases," said Liquidia CEO Neal Fowler, in a prepared statement.
DeSimone also is a chemistry professor at UNC-Chapel Hill and N.C. State. Last year, the Massachusetts Institute of Technology named DeSimone the winner of its Lemelson Prize. Known as the "Oscar for inventors," the award included $500,000 cash.
He co-founded Liquidia in 2004. The company, which employs 48, currently is working on a vaccine it hopes to begin early stage clinical testing soon.
Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or e-mail him.