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Business
Business News BriefsPublished 07/01/07
CIC graduates to stay in county
Annapolis - The Chesapeake Innovation Center has graduated two businesses from its incubator program.
Both PharmAthene Inc. and Inclinix Inc. joined the CIC when it launched in 2003 and now will be leaving the nest for larger offices in the county. PharmAthene, a biomedical research company that specializes in countering biological and chemical weapons, will be moving to its new location in the $250 million mixed use development at Park Place in Annapolis. The business, formed in 2001, has received $65 million in venture capital and private equity financing. Inclinix,...
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