Category: Joint ventures/collaborations
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Canadian Aircraft Industry Funding Materials Scientist
A group of aircraft companies in Canada, with the Natural Sciences and Engineering Research Council of Canada (NSERC), are supporting the research of Suong Van Hoa at Concordia University on a new composite materials manufacturing technique. The funding, valued at $3.4 million, will support Hoa’s work for five years at the Montreal institution. Hoa (pictured…
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Navigation Module for Inside Buildings in Development
Engineers at four Fraunhofer institutes and five companies in Germany are building a module for smartphones to help people navigate inside interior spaces, much like a GPS works when outside. The researchers plan to give a demonstration of the MST-Smartsense Sensor (pictured at right) at the Sensor+Test trade fair in Nuremberg held 22-24 May 2012.…
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Three Drug Makers Partner with NIH to Expand Therapies
National Institutes of Health and three pharmaceutical manufacturers will collaborate on research to find new treatments for diseases from currently approved drugs. Pfizer, AstraZeneca, and Eli Lilly and Company will make at least 20 of their existing compounds available for this research to NIH’s National Center for Advancing Translational Sciences (NCATS). The program, called Discovering…
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Cancer Institute Spin-Off Lands New €3 Million Financing
iTeos Therapeutics SA, a drug discovery company in Gosselies, Belgium, has secured €3 million ($3.94 million) in series A financing, the first investment round after starting up. The company received its initial seed funding, totaling €6 million, in December 2011. iTeos Therapeutics is a joint spin-off company of the Ludwig Institute for Cancer Research in…
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NIH Funding Portfolio Evaluated With Investment Metrics
An interdisciplinary team of business, computer science, and medical researchers tested funding decisions at National Institutes of Health over a 42-year period using measures of investment efficiency from the world of finance. The findings of the team from Massachusetts Institute of Technology, Brigham and Women’s Hospital, and the investment management firm AlphaSimplex LLC in Cambridge,…
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Vibrating Steering Wheel Helps Maintain Driver Attention
Research at Carnegie Mellon University in Pittsburgh and AT&T Labs in Florham Park, New Jersey reveals that a vibrating steering wheel helps keep a driver’s eyes safely on the road by providing an additional means to convey directions from a car’s navigation system. The team’s findings will be presented in June at the International Conference on…
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Government-Industry Consortium Selects U.K. Cereals Studies
A committee of the Biotechnology and Biological Sciences Research Council (BBSRC) selected nine new research projects for funding that involve the U.K.’s main cereal crops: oilseed rape, barley and wheat. The funds for the research total some £4 million ($6.45 million) from Crop Improvement Research Club, a consortium of BBSRC, Scottish government, and 14 private…
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New York University to Build Urban Sciences Center
A Center for Urban Science and Progress (CUSP) is planned for downtown Brooklyn, New York to conduct research on issues and technology related to the needs of the world’s cities. The new campus, which will include an incubator for spin-off businesses, is a consortium of New York University and its Polytechnic Institute (NYU-Poly), other U.S.…
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Sanofi, Fox Foundation Partner on Parkinson’s Drug Trial
The drug manufacturer Sanofi, based in Paris, and the Michael J. Fox Foundation in New York agreed today to conduct a clinical trial of AVE8112, a Sanofi compound, in patients with Parkinson’s disease. AVE8112 is a type of anti-inflammatory drug known as PDE4 inhibitors that have been tested as treatments for respiratory diseases, but in…
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Australian Science Agency, Biotech Partner on Insect Silks
Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the global biotechnology company Lonza have agreed to develop new insect silks for medical and industrial applications. Financial and intellectual property terms of the agreement were not disclosed. Insect silk is a potential component in a range of new products and applications because of properties such…