Health Care

Jan 27, 2020

PPD To Offer 60M Shares In Initial Public Offering

By Christina Haley O'Neal, posted Jan 27, 2020

PPD Inc. is looking to raise up to $1.6 billion in its initial public offering, according to the company, which announced terms of its IPO on Monday. The Wilmington-based contract research organization said it would offer 60 million shares of its common stock at a price point expected between $24 and $27 per share, which could value the company as much as $9.2 ...

Jan 20, 2020

Alcami Acquires TriPharm Services

By Christina Haley O'Neal, posted Jan 20, 2020

Alcami Corp. announced it has acquired TriPharm Services and its sterile fill-finish manufacturing center near Research Triangle Park, according to a news release. TriPharm's facility, which is expected to be fully operational in the second half of 2020, will add to Alcami's existing sterile fill-finish business to meet growing industry demand, stated the releas ...

Jan 13, 2020

The Davis Community Proposes Additions

By Cece Nunn and Christina Haley O'Neal, posted Jan 13, 2020

Changes are in the works for The Davis Community, a 53-year-old senior care campus on Porters Neck Road. Officials want to add a 150-unit independent living development with an additional 32 single-story cottage units consisting of duplexes and triplexes, according to a community meeting notice. The plan also includes a one-story wellness center. The plan would requi ...

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Plan Now So New Federal Retirement Law Doesn’t Hit Heirs

Posted Jan 27, 2020
Most of us have had the experience of trying to fix a problem, and discovering that the solution creates its own new set of problems. That’s not a bad summary of what has happened with the federal SECURE Act, which passed at the end of 2019. Its primary purpose was to make it easier for small companies to offer retirement plans to their employees. But one of its consequences has been to crea...read entire article
Jan 9, 2020

PPD Files For IPO

By Cece Nunn, posted Jan 9, 2020

Wilmington-headquartered contract research organization PPD filed Thursday with the SEC to raise up to $100 million in an initial public offering, according to an SEC filing. "However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion," according to IPO tracker Renaissance Capital, which posted about the filing Thursday o ...

Jan 3, 2020

Brunswick Hospital Gets National Nod

By Vicky Janowski, posted Jan 3, 2020

Novant Health Brunswick Medical Center was one of only five in the state to land recently on a national list of high-performing hospitals.   The Leapfrog Top Hospitals list, released last month for 2019, included the 74- bed Brunswick facility among its picks of 120 hospitals nationwide.   Novant Health Brunswick Medical Center appeared among 37 in the catego ...

Jan 3, 2020

PAG Meetings Continue On The Future Of NHRMC

By Staff Reports, posted Jan 3, 2020

The Partnership Advisory Group’s 2020 meeting schedule so far is set through April.   New Hanover County and New Hanover Regional Medical Center officials are exploring future options for the county-owned hospital, including a potential sale, merger or other ownership models as well as keeping things as is.   The Partnership Advisory Group, made up of 2 ...

Dec 20, 2019

Top Stories No. 1: NHRMC, County Weigh Hospital's Future

By Vicky Janowski, posted Dec 20, 2019

In July, NHRMC and New Hanover County officials made a major announcement about the future of the health system, which is the area’s largest medical provider and the region’s largest employer. They announced a process to see who’s interested in buying or managing the county-owned hospital. Although officials say that option has been discussed for ye ...

Dec 20, 2019

PPD Adds Clinical Research Site In Florida

By Vicky Janowski, posted Dec 20, 2019

Wilmington-based PPD now has a 52-bed clinical research unit in Orlando, Florida, with a focus on early phase trials on neurological disorders, company officials announced in December. The addition to PPD’s portfolio came as part of its acquisition of Bioclinica’s clinical research site business. That move by PPD subsidiary Accelerated Enrollment Solutions, ...

Dec 20, 2019

Local Dentistry Group Acquired By Riccobene Associates

By Johanna Cano, posted Dec 20, 2019

Bozart Family Dentistry has been acquired by Riccobene Associates Family Dentistry, a Cary-based dental group that is expanding to the Wilmington region. “The addition of the Bozart family of offices helps further institute Riccobene Associates’ growing presence in North Carolina,” Dr. Michael Riccobene, CEO of Riccobene Associates Family Dentistry, sa ...

Dec 6, 2019

NHRMC Building Plans Continue

By Vicky Janowski, posted Dec 6, 2019

Even though New Hanover Regional Medical Center’s future ownership status remains up in the air, the health system has not pulled back on its facilities plans.   Hospital officials recently said they intend to turn a patient tower now under construction into a heart and vascular center when it opens – moving other pieces around to accommodate the orthope ...

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PPD To Offer 60M Shares In Initial Public Offering

Christina Haley O'Neal - Jan 27, 2020

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