Category: Finance
-
Study to Test if Hearing Aids Reduce Falls by Elderly
Researchers at University of Texas in Dallas and North Texas University in Fort Worth are evaluating if hearing aids and related technologies can improve the balance of people with auditory problems. The study is funded by a $100,000 grant from the Texas Medical Research Collaborative. Sense of balance relies on the vestibular system of the…
-
Kauffman CEO: New Venture Capital Structure Needed
Kauffman Foundation CEO Tom McDonnell called for a new relationship between venture capital financiers and high-growth start-up enterprises to better reflect the long-term needs of these companies. McDonnell made the remarks in a speech on the state of entrepreneurship in the U.S. at the National Press Club in Washington, D.C. The Ewing Marion Kauffman Foundation…
-
Pfizer Spins Off Animal Health Unit, Raises $2.2B in IPO
The pharmaceutical company Pfizer Inc. in New York created a new enterprise, Zoetis, from its former animal health division. The new company raised $2.2 billion in its initial public offering, and will trade on the New York Stock exchange under the symbol ZTS. Zoetis, based in Madison, New Jersey, discovers and develops veterinary vaccines and…
-
U.K. to Spend $20.4 Million on Catalytic Chemistry
The Engineering and Physical Sciences Research Council, or EPSRC, a research funding agency in the U.K., will devote £12.9 million ($US 20.4 million) to the U.K. Catalysis Hub, a catalytic science research program to support economic growth. The program is based at the Research Complex at Harwell in Oxfordshire, and is expected to involve scientists…
-
Semiconductor Research Corp, DARPA, Launch University Nets
Semiconductor Research Corporation (SRC) in Research Triangle Park, North Carolina and the Defense Advanced Research Projects Agency (DARPA) in Arlington, Virginia unveiled their support for six U.S. university research centers. STARnet, as the program is called, will devote $194 million microelectronics research over five years. SRC is university-company research consortium for semiconductors and related technologies…
-
Universities, Companies Study Oilseed Camelina as Biofuel
Bioscientists at Kansas State University in Manhattan, with colleagues at two other universities and four companies, are studying the economic potential of the oilseed plant camelina as a commercial biofuel feedstock. The project, led by K-State agricultural engineering professor Xiuzhi Susan Sun (pictured right), is funded by a $5.08 million grant from National Institute of…
-
Cancer Data Start-Up Lands $8 Million in Venture Funds
Flatiron Health in New York, developing data analytics for cancer research and therapeutics, secured $8 million in series A funding, the first round of financing after initial start-up. The investment round was led by Google Ventures, with First Round Capital, Laboratory Corporation of America, Great Oaks Capital, The Social+Capital Partnership, SV Angel, IA Ventures and…
-
EC Opens Proof of Concept Funding Call
The European Commission opened a call for proposals to fund early-stage scientific research ideas with commercialization potential. Applications for the €10 million ($US 13.4 million) fund are due 24 April 2013. The Proof of Concept grants, as the program is called, are open to holders of current European Research Council science project funding. The scheme…
-
Challenge Awarding $60,000 for Health Technology Ideas
A new challenge is awarding $60,000 for technology solutions, in particular modifications of current products, that promote healthier lifestyles or help manage chronic conditions. Health insurance provider United Healthcare is sponsoring the Breakthrough Health Tech Challenge, which has a deadline of 8 April 2013. United Healthcare, which announced the challenge at this week’s Consumer Electronics…
-
Bioengineered Microbe to Convert, Recycle Biofuel Waste
Plant biologists at Texas A&M AgriLife Research in College Station are creating a bioengineered microbe to convert the waste from biofuel production into more biofuel. The project led by plant pathologist Joshua Yuan is funded by a $2.4 million grant from the U.S. Department of Energy. Yuan and colleagues at AgriLife are developing a genetically…