Research Triangle Park, NC--The North Carolina Biotechnology Center here is developing a $30 million fund to provide loans to help newer bioscience companies, including bioinformatics firms, open in or relocate to the state, according to Tom Laundon, vice-president of the organization's Business and Technology Development Program. The first $7.5 million in funding came from the state general assembly and the center is in early talks with several private and institutional investors for additional money.
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