UNC gene work attracts Baxter.

• Position: TRIANGLE REGION

Deerfield, 111.-based Baxter International will buy Chapel Hill-based Chatham Therapeutics for $70 million, marking a payoff for the hemophilia research of UNC Chapel Hill professor Jude Samulski. He is president and co-founder of Chatham, holder of more than 20 patents and director of the Gene Therapy Center at UNC School of Medicine the past eight years. As a pharmacology professor, he had a $240,565 salary in 2013, university records show. Baxter in 2012 paid $25 million to develop Chatham's treatments for hemophilia. UNC doesn't have any equity ownership in Chatham, a UNC spokeswoman says, though the university is licensing technologies developed by the company and an affiliate, Asklepios Bio-Pharmaceutical. Samulski declined to discuss UNC's business ties to Chatham.

MORRISVILLE--Lenovo Group paid Reno, Nev.-based Unwired Planet $100 million for 21 sets of patents, including ones for mobile-phone technologies. In a separate deal, Lenovo acquired more than 3,800 sets of patents, mostly smartphone-related, from Tokyo-based NEC Corp. for an undisclosed amount. The patents will help the Beijing-based computer-maker, which has its North American headquarters here, develop its smart-phone and mobile PC businesses.

RALEIGH--State Employees' Credit Union is buying 8,000 PCs from Lenovo, which will assemble them at its plant in Guilford County. The computer-maker has about 300 of its 2,500 North Carolina employees at the Whitsett plant. The credit union will replace computers at all 253 branches and five operations centers.

DURHAM--Michelle Berrey was named president and CEO of Chime-rix April 9. She joined the drug-development company as chief medical officer in 2012...