Panacea: RTP firm picks Virginia for 70-job expansion

Research Triangle Park-based personalized medicine company Panaceutics will add 70 jobs in Virginia, with hiring slated to begin late this year. The expansion will see the company, funded in part by $500,000 in prior investments from The Launch Place, which assists with business and job development in the Dan River region, invest $5.8 million in a facility in Pittsylvania County for research and development as well as manufacturing, according to the Virginia governor's office. "Governor (Ralph)...