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What's New in Princeton & Central New Jersey?
Reprinted from the May 11, 2011, issue of U.S. 1 Newspaper
Companies On the Move

New in Town

Verivue, 2 Research Way, First Floor, Princeton 08540; 609-759-0750. Mark Fiuczynski, vice president. www.verivue.com

Verivue, a developer of content delivery solutions for web-based streaming video, has opened an office at 2 Research Way. Based in Massachusetts, the company develops programs that enable website operators to disseminate live and on-demand streaming digital content. Verivue also provides digital content storage and content management.

Global Statistics Group, 101 Poor Farm Road, Second Floor, Princeton 08540; 609-921-1550; fax, 908-837-9616. Chae Yong Chang, president. www.gsg-us.com

Global Statistics Group, a contract research organization specializing in biostatistics, data management, and regulatory affairs for the pharmaceutical industry, has opened an office at 101 Poor Farm Road. The firm’s president, Chae Yong Chang, is a 10-year pharma veteran who has worked for Proctor & Gamble, Forest Lab, Abbott Lab, and, most recently, Japan-based Eisai Pharmaceuticals.

Acquisitions

Archer & Greiner PC, 700 Alexander Park, Suite 102, Princeton 08540; 609-580-3700; fax, 609-580-0051. Neal L. Schonhaut, managing attorney. www.archerlaw.com

Archer & Greiner, a Haddonfield-based law firm with an office at 700 Alexander Park, has acquired Herten Burstein Sheridan Cevasco Bottinelli Litt & Harz of Hackensack for an undisclosed amount.

The merger, which became effective on May 2, nets 31 new employees for Archer & Greiner, the largest law firm in southern New Jersey and the fourth-largest in the state. According to the firm, the acquisition gives Archer & Greiner a strong foothold in northern New Jersey to complement its presence in New York City.

This is the second major acquisition Archer & Greiner has completed since 2009, when the firm acquired Pelino & Lentz, a 32-attorney firm in Philadelphia. The firm specializes in corporate, labor and employment, real estate, land use, environmental, tax, trust and estates, health care, and personal injury law.

Expansion

Sophion Bioscience Inc. USA, 671 Route 1 South, Technology Center of NJ, North Brunswick 08902; 732-745-0221; fax, 732-745-0224. Chris Mathes, general manager. www.sophion.com

Sophion Bioscience, a Denmark-based developer of products and services for ion channel drug testing and safety, recently moved from its 800-square-foot space at the Technology Center of New Jersey to a 5,000-square-foot space. The company, founded in 2004 as a subsidiary to Sophion Corp., originally employed a single person. Today it employs seven in North Brunswick.

According to the firm, the expanded space allows for increased research space, technical support, and live demonstrations of its QPatch technology, which is used to test the effects of medicinal compounds on electrical currents in living cells.

Said Chris Mathes, Sophion’s vice president and general manager for North America: “Many small biotech companies, like Sophion, are chipping away at unemployment and supporting the industry in order to maintain this state as a world-wide pharma hub.”

Management Moves

Educational Testing Service, Rosedale Road, Princeton 08541; 609-921-9000; fax, 609-921-0235. Kurt F. Landgraf, president. www.ets.org

Educational Testing Service has named Jack Hayon its new chief financial officer. Hayon replaces Frank Gatti, who retired on May 1 after 13 years with ETS.

Hayon joined ETS in 2003 and is a CPA. He earned a bachelor’s in accounting and an MBA in computer applications from New York University. Before ETS Hayon served as vice president of finance for the Boston Globe and as a financial professional for the New York Times Company.

Hayon, a father of four, also is an avid marathon runner, having completed 27 marathons over the past 15 years. He is also fluent in Arabic and conversant in French.

Leaving Town

RF Management, 214 Carnegie Center, Princeton.

RF Management, a private investment firm, appears to have left its offices at 214 Carnegie Center. There is no sign of the business and the company’s phone number is no longer in service.

Ice Cap Inc., 9-B South Gold Drive, Hamilton. www.icecapinc.com

Ice Cap, a manufacturer of electronic ballasts used in high power, energy-efficient fluorescent lighting systems, has left its facilities on South Gold Drive in Hamilton. The company’s phone number is no longer in service, though its website remains active.

Indicted

Tianle Li, 41, on May 5. A former chemist for Bristol-Myers Squibb in New Brunswick, Li was charged on January 28 in the thallium poisoning death of her husband, 39-year-old Xiaoye Wang. A grand jury in New Brunswick indicted her on one count of murder and one count of hindering apprehension (U.S. 1, February 16).

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