Raybow USA Co-Presidents Roger Frisbee (L) and Peter Newsome (R)

Chi­nese CD­MO Ray­bow quadru­ples work­force at NC site, hop­ing to help build next bio­phar­ma man­u­fac­tur­ing hub

When Roger Fris­bee and Pe­ter New­some de­cid­ed that Phar­mA­gra Labs — the com­pa­ny they found­ed in 1999 — was go­ing to be ac­quired, one thing was for cer­tain: that some­one was go­ing to need to be a be­liev­er in Tran­syl­va­nia Coun­ty.

The two North Car­oli­na na­tives start­ed their apt­ly named com­pa­ny as a re­search part­ner, par­tial­ly for Big Phar­ma and par­tial­ly for agri­cul­tur­al work. Not long af­ter the com­pa­ny was found­ed, the agri­cul­tur­al work died out, and the two shift­ed Phar­mA­gra’s fo­cus to­ward build­ing cus­tom mol­e­cules for clients. In 2012, the com­pa­ny was award­ed a fel­low­ship to help com­mer­cial­ize der­mal and cos­met­ic ap­pli­ca­tions.

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