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Wake Forest Innovations Launches New Dot-Com Companies Offering Industry and Business Easy Access to Broad Range of Scientific Services
Date:3/11/2013

ompany expects to have five employees by the end of 2013 increasing to 10 by the end of 2014.

In addition, AsInEx, a Russian medicinal chemistry company has decided – after consideration of alternative locations in the U.S. – to establish its North American operations in Winston-Salem. When AsInEx learned last fall that a number of medicinal chemists and a nice facility were available in Winston-Salem, this changed the dynamic and made Winston-Salem competitive with well-known drug discovery "hot beds" such as San Francisco and Boston. Coupled with lower costs and less traffic, Winston-Salem won out over a West Coast location. AsInEx plans to grow from its current 11 employees in Winston-Salem to 30 staff by end 2013. The company will add to operations in Albert Hall by occupying laboratories and ancillary space in One Technology Place. Several of AsInEx's new chemists were formerly employed by Targacept.

Wake Forest Baptist Medical Center (www.wakehealth.edu) is a fully integrated academic medical center located in Winston-Salem, North Carolina. The institution comprises the medical education and research components of Wake Forest School of Medicine, the integrated clinical structure and consumer brand Wake Forest Baptist Health, which includes North Carolina Baptist Hospital and Brenner Children's Hospital, the creation and commercialization of research discoveries into products that benefit patients and improve health and wellness, through Wake Forest Innovations, Wake Forest Innovation Quarter, a leading center of technological discovery, development and commercialization, as well as a network of affiliated community-based hospitals, physician practices, outpatient services and other medical
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