
Targacept is an anchor tenant in the Piedmont Triad Research Park in downtown Winston-Salem. It develops drugs based on its understanding of nicotinic receptors to treat diseases of the central nervous system.
Gayle Anderson, president and chief executive of the Winston-Salem Chamber of Commerce, said deBethizy helped put the local community in a prominent place on the nation's biotechnology map.
"He has been a cheerleader for Winston-Salem and for creating a knowledge-based economy here," Anderson said. "We will miss his energy, enthusiasm and vision."
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