Durham-based BioCryst Pharmaceuticals is receiving $12 million from the federal government to fund further development of a possible drug to treat the deadly Ebola virus. Two vaccines are currently being tested in Africa, but no effective treatment exists.

IBM is investing $3 billion to build an “Internet of Things” division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to help companies better manage their businesses. A big part of the launch is factoring in how weather might affect your business today.

Quintiles, the world’s largest life sciences services company, is teaming up with Quest Diagnostics to form a joint venture that will provide clinical trial laboratory services. The new group will be taking on Burlington-based LabCorp, which is the largest provider.

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