Start-Ups Get $300K from North Carolina Biotech Center

Two North Carolina biotech start-ups have received $300,000 from the North Carolina Biotechnology Center, the center said last week.

ArrayXpress of Raleigh and Asklêpios BioPharmaceutical (AskBio) of Chapel Hill were awarded approximately $150,000 apiece by the privately-run non-profit, which was established by the state of North Carolina to nurture its local biotech industry. The grants were awarded as part of the center’s Small Business Research Awards program.

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