If the deal comes to fruition, Wake Forest plans to sign a lease with Targacept, a recent R.J. Reynolds Tobacco Co. spinoff, a move that could spark the biggest company recruitment effort to date at the young research park, according to the article.
Targacept, viewed as one of the most promising startups in the Triad, would be starting up with about 50 employees and millions in venture capital. The company is seen as an important tenant if the research park is to build credibility.
The president of Wake Forest, Thomas Hearn, has declined to comment on the deal except to say that the university and the board that supervises the park are full partners committed to the success of the park, the article says.
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