#b#Newsmakers#/b#

New Jersey Hospital Association (NJHA), 760 Alexander Road, Box 1, Princeton 08543-0001; 609-275-4000; fax, 609-452-8097. Elizabeth Ryan, president & CEO. www.njha.com.

The New Jersey Nursing Initiative has selected Aline Holmes, senior vice president of clinical affairs at the New Jersey Hospital Association, to serve as one of two program directors who will help address the state’s nurse faculty shortage.

Sponsored by the Robert Wood Johnson Foundation and the New Jersey Chamber of Commerce, NJNI was launched in 2009 to address the nursing faculty shortage in New Jersey and help avert the projected shortage of more than 23,000 nurses in less than two decades.

Holmes will co-chair along with Susan W. Salmond, who is dean and professor at the University of Medicine and Dentistry of New Jersey School of Nursing.

Holmes also is director of the NJHA Institute for Quality and Patient Safety which leads statewide quality improvement efforts among hospitals and other healthcare providers. She also serves as a principal investigator/project director for several patient safety improvement initiatives funded by RWJF and the Healthcare Foundation of New Jersey, and directs NJHA’s efforts under a Centers for Medicare and Medicaid Services contract to serve as a hospital engagement network in the Partnership for Patients national initiative.

A Navy Nurse Corps veteran, Holmes completed her undergraduate studies in nursing at the University of Massachusetts and received her master of science in nursing from the Catholic University of America in Washington, D.C. She is pursuing a doctorate in nursing leadership at Rutgers University. She lives in Plainsboro.

Tris Pharma, 2033 Route 130 South, Brunswick Business Park, Suite D, Monmouth Junction 08852; 732-940-2800; fax, 732-940-2855. Ketan Mehta, president. www.trispharma.com.

Tris Pharma, a Brunswick Business Park drugmaker, has named Janet Penner as president of its new generic pharmaceuticals business.

Tris’ generic pharmaceuticals business, with its own distinct sales, marketing and distribution, will be responsible for commercializing Tris’ abbreviated new drug applications. Tris currently has 13 FDA-approved generic products. All of Tris’ generic products are manufactured in its 130,000-square-foot New Brunswick factory.

Penner is a 15-year pharmaceutical industry veteran. She previously worked at AmerisourceBergen, where she was responsible for the purchasing of generic pharmaceuticals. Most recently, Penner headed sales and marketing at CorePharma. She has also held various positions at General Electric and PepsiCo, and has an MBA.

#b#Financing News#/b#

Soligenix (SNGX), 29 Emmons Drive, Suite C-10, Princeton 08540; 609-538-8200; fax, 609-452-6467. Christopher J. Schaber, president and CEO. www.soligenix.com.

Soligenix Inc. has had one of its products fast-tracked by the FDA.

The company’s SGX942 development program for the treatment of oral mucositis as a result of radiation and/or chemotherapy treatment in head and neck cancer patients was given the designation June 3.

Fast track is meant to speed the approval of a drug intended to treat a serious or life-threatening condition and one that demonstrates the potential to address an unmet medical need for the condition.

“Oral mucositis is a significant unmet medical need which ultimately impacts the tolerability of radiation and chemotherapy and therefore the survivability of cancer,” says Stephen T. Sonis, clinical professor of oral medicine at Harvard School of Dental Medicine and a member of the Soligenix oral mucositis medical advisory board. “The lack of an effective treatment has frustrated healthcare providers and caused misery for innumerable patients”

Accutest Laboratories, 2235 Route 130, Building B, Dayton 08810; 732-329-0200; fax, 732-329-3499. Vincent Pugliese, CEO. www.accutest.com.

Accutest Laboratories, headquartered on Route 130 in the Dayton section of South Brunswick, has received a $35 million loan from Chicago-based Monroe Capital.

Accutest provides environmental testing services to customers in a range of industries, including oil and gas, public utilities, and industrial engineering firms. It has labs in New Jersey, Massachusetts, Florida, Texas, Louisiana, Colorado, and California. The company was founded in 1956.

#b#Management Moves#/b#

Axis Global Accident & Health (AXS), 1 University Square, Second Floor, Princeton 08540; 609-375-9200; Christopher DiSipio, CEO, global accident and health. www.axisaccidenthealth.com.

Axis Accident & Health, a division of AXIS Capital Holdings Limited, has appointed Richard Phillips as senior vice president, chief underwriting officer of its North American reinsurance division. Phillips will be based in the company’s University Square office.

Phillips, a 29-year industry veteran, was most recently president of Munich Health North America Inc.’s Reinsurance Division, where he was responsible for the management of Munich Health’s U.S. health reinsurance business.

Phillips received his Bachelor of Arts in Mathematics from Rutgers. He is a member of the American Academy of Actuaries and a fellow of the Society of Actuaries.

AXIS Accident & Health offers accident and health insurance and reinsurance coverage for institutions.

Cherry Valley Country Club, 125 Country Club Drive, Skillman 08558; 609-466-4244; fax, 609-466-3595. Manny Gugliuzza, general manager. www.cherryvalleycc.com.

Cherry Valley Country Club in Skillman has been acquired by Dallas-based Clubcorp. Clubcorp announced the purchase in a press release, saying a multimillion-dollar improvement project was under way at the historic club that will renovate the dining room, terrace, private event space, pool and fitness areas. ClubCorp. did not announce the terms of the deal.

Cherry Valley is an 18-hole course designed by Rees Jones. The club also boasts an Olympic swimming pool with a cabana, tennis and bocce courts and a meeting room.

“We all look forward to the company’s vision for the future of the club and to taking advantage of the many benefits that ClubCorp brings,” said Hugh Hurley, president of the club’s Board of Trustees.

Current Cherry Valley members will get complimentary green fees dining at ClubCorp’s other locations, including 200 private clubs and 700 hotels, resorts and entertainment venues. In addition, members also receive access to local clubs, including Nassau Club, Princeton Club, Pyramid Club and Hartefeld National in Avondale, Pa.

#b#Leaving Town#/b#

Prism Advisory Group , 2633 Main Street, Suite 301, Lawrenceville.

Financial planning firm Prism Advisory Group, formerly located on Main Street in Lawrenceville, has moved to Newtown, Pennsylvania.

Morgan Stanley Smith Barney, 210 Carnegie Center, Princeton. www.morgan­stanley.com.

An employee at Morgan Stanley Smith Barney’s Carnegie Center office has confirmed a state Department of Labor report saying that the Carnegie Center offices would be closing and its employees relocated to other offices in the near future.

A notice filed with the labor department in March said the company would close its office by September 30, and that 95 employees would be affected by the move.

However, a Morgan Stanley spokesperson at the firm’s New York headquarters denied the office was closing and said it was expanding, but declined to provide further details.

Dumond Chemicals Inc., 104 Interchange Plaza, Suite 202. www.dumondchemicals.com.

Dumond Chemicals, Inc. has left Interchange Plaza for new quarters in Malvern, Pa. Company president John J. Petroci said the company moved to be located closer to where its executive team lived.

Marshall & Swift/Boeckh, 4365 Route 1, Princeton. www.msbinfo.com.

The insurance services company has closed its office on Route 1. The Los Angeles-based company still has offices in Wisconsin, Texas, and Canada.

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