#b#New in Town#/b#

Clinpharma Consulting Global Group LLC, 13 Roszel Road, Suite C-204B, Princeton 08540; 609-482-3318. Michael Xie, vice president. www.clinpharmaconsulting.com.

Clinpharma Consulting, a clinical research firm, has opened two offices in Princeton, one at 103 Carnegie Center, Suite 300, the other at 13 Roszel Road, Suite C204-B. The offices are American branches of the company, which also has offices in Wilmington, Delaware, Beijing, and Shanghai.

Citius Tech Inc., 2 Research Way, Princeton 08540; 877-848-4871. Bhaval Shah.

Healthcare IT company Citius Tech has opened its American headquarters on Research Way. The firm employs 50 people at its Princeton office. It is based in India with offices in Singapore, London, Ontario, and Washington State.

Matinas Biopharma, 1 Deer Park Drive, Suite Q, Monmouth Junction; 908-443-1860. Jim Luch PhD, senior director quality assurance & analytical chemistry. www.matinasbiopharma.com.

Matinas Biopharma, a Bedminster-based company focused on the development of omega-3 based prescription drugs for treating metabolic and cardiovascular conditions, has opened an R&D lab on Deer Park Drive. The three-person lab began operations in November.

Senator International, 2 King Arthur Court, North Brunswick 08902; 732-225-6000; fax, 732-225-6099, www.senator-international.com.

Senator International, a global shipping company, has moved its regional office from Edison to King Arthur Court in North Brunswick. The office recently expanded and now has five employees.

#b#Stock News#/b#

Palatin Technologies Inc. (PTN), 4B Cedar Brook Drive, Cedar Brook Corporate Center, Cranbury 08512; 609-495-2200; fax, 609-495-2201. Carl Spana, president & CEO. www.palatin.com.

Palatin Technologies, a pharmaceutical company that is developing an injectable drug to treat sexual dysfunction in women, is getting $1.85 million from a government program that allows money-losing research companies to sell tax credits.

The Technology Business Tax Certificate Transfer Program allows unprofitable biotech firms such as Palatin to turn tax credits into cash by selling them to other companies. The company also participated in the program last year, claiming $1.75 million.

#b#Patch Cuts Back#/b#

The editors of several central New Jersey patch.com news sites were fired in a January 31 downsizing that reportedly saw hundreds of the company’s editorial staff laid off.

Greta Cuyler, who ran the Princeton and Lawrence Patch websites, and Davy James, editor of the East Brunswick and South Brunswick Patch sites, were among the casualties. Regional editors in charge of larger areas were spared, including Shore editor Tom Davis. The local Patch websites still exist, with content posted by Davis and other editors.

The firings came on the heels of AOL’s sale of Patch and its 900 hyperlocal community journalism websites to Hale Global on January 15. According to the journalism blog Romenesko, the employees were fired via conference call.

Patch Media, founded in 2007, is a network of community news websites that was intended to provide local news that was being ignored by print newspapers with declining revenues. From its inception until last month, each local patch site was run by an editor who reported news and worked with freelancers. The regional editors who remain are each in charge of a dozen or more sites.

#b#Crosstown Moves#/b#

Hamilton Law Firm PC, 13 Ros­zel Road, Suite C-226, Princeton 08540; 215-738-0222. Ayesha Hamilton, attorney. ayeshahamiltonlaw.com.

Employment and business lawyer Ayesha Hamilton has moved from 65 South Main Street in Pennington to Ros­zel Road.

Innolutions, 4 Wellesley Court, Princeton Junction 08550; 609-490-9799; fax, 609-490-9788. Manny Patel, president.

Innolutions, a company that makes controls and software for printing presses, has moved from 92 West Main Street, Building 15, Suite H, in Windsor, to 4 Wellesley Court, Princeton Junction. Company owner Manny Patel said the company needed a smaller office, though it did not reduce its staff.

Personal Wealth Strategies, 2277 Route 33, Suite 415, Hamilton 08690; 609-586-9308; fax, 609-586-9316. David Bailin, owner. www.personalwealthstrategies.com.

Personal Wealth Strategies, an investment planning company, has moved from a rented office at 2620 Whitehorse-Hamilton Square Road to its own space at 2277 Route 33 in Hamilton.

Signum Biosciences, 11 Deer Park Drive, Princeton Corporate Plaza, Suite 202, Monmouth Junction 08852; 732-329-6344; fax, 732-329-8344. Maxwell Stock, vice president. www.signumbiosciences.com.

Signum Biosciences, a pharmaceutical research company focusing on drugs for Alzheimer’s and Parkinson’s disease, has moved from 7 to 11 Deer Park Drive. All other contact information is the same.


Buttaci & Leardi, 103 Carnegie Center, Suite 323, Princeton 08540; 609-799-5150; fax, 609-524-2575. Vincent Buttaci, managing member. www.buttacilaw.com.

Buttaci & Leardi, a healthcare law firm, has moved from Suite 103 to Suite 323 in Carnegie Center to accommodate more employees. The firm recently hired three new people.

#b#Name Changes#/b#

Parexel, 50 Millstone Road, Windsor Corporate Park, Building 100, Suite 200, East Windsor 08520; 609-308-1599; fax, 609-448-8790. Steve Kent, president. www.perceptive.com.

The Millstone Road office of Perceptive Infomatics, a clinical technology company, has changed its name to Parexel to match that of its parent company. Boston-based Parexel, a biopharma services company, bought Perceptive in 2008. The office has a new phone number.

#b#New in Town#/b#

CFT Securities LLC, 5 Vaughn Drive, Suite 302, Princeton 08540; 732-632-4100; fax, 732-632-4141, www.cftsecurities.com.

Brokerage firm CFT Securities has opened an office on Vaughn Drive. The company describes itself as a financial broker/dealer that executes trades with third parties on behalf of hedge funds, venture funds, institutions, and wealthy families.


Lily Agar, 93, on January 16. The Rocky Hill resident was the Historical Studies/Social Sciences librarian at the Institute for Advanced Study for nearly 30 years.

Christopher J. Closson, 56, on February 2. He worked for George Prince Electric and Princeton Plasma Physics Lab and was owner/operator of Closson Electrical Contractors.

Efrem Dlugacz, 64, on February 5. He was vice president of Global Benefits and Health Resources at Johnson & Johnson and served on the board of the State Theater in New Brunswick.

Arthur Hartman, 54, on February 7. He spent 30 years as an electrician with Local 269 in Trenton.

Anne Thompson, 54, on February 1. She worked at the Community Law Project for 22 years and helped develop the Trenton Area Soup Kitchen.

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