Category: Finance
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University Start Up Commercializes Feeding Tube Research
A start up company founded by a University of Utah medical researcher is developing a feeding tube for patients that reduces the risks and casualties from misplacement. The company, Veritract Inc. in Salt Lake City, was started by John Fang, clinical director of the university’s gastroenterology division. The privately held Veritract is developing what they…
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Solar Wafer Process Developer Earns DoE Loan Guarantee
The U.S. Department of Energy will offer a conditional commitment for a $150 million loan guarantee to 1366 Technologies in Lexington, Massachusetts. The company has developed a new manufacturing process for silicon wafers used in solar panels that promises to slash the costs and time needed to make. The loan guarantee will support 1366 Techologies’…
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Netherlands to Open Bio-Solar Research, Production Center
The Netherlands begins on 17 June its BioSolar Cells research program to strengthen the science behind the sustainable production of bio-energy and food through photosynthesis. Also on 17 June, Wageningen University and Research Centre in the Netherlands opens its Algae Production and Research Centre (AlgaePARC), a production-scale lab to raise the output from algae bio-reactors…
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NIH Adds Five Clinical/Translational Research Centers
National Institutes of Health says it will provide $200 million to five U.S. health research centers to speed scientific discoveries into treatments for patients. The five-year grants are part of the Clinical and Translational Science Awards (CTSA) program, under the National Center for Research Resources (NCRR) at NIH. CTSAs are now located at 60 institutions…
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HHS to Use Challenges to Spur New Health Info Technology
The U.S. Department of Health and Human Services announced its Investing in Innovations (i2) Initiative that offers prizes and competitions to accelerate development of solutions in health information technology. The program will be run from the Office of the National Coordinator (ONC) for Health Information Technology. The i2 Initiative plans to use open-innovation methods, such…
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Pfizer Adds Mass. Institutions to Translational Network
Pfizer Inc. in New York is adding eight Massachusetts research institutions to its network of translational research partnerships, called the Centers for Therapeutic Innovation. The company also says it will put the academic network’s headquarters in Boston, a $100 million investment over five years. Jose Carlos Gutierrez-Ramos, Pfizer’s vice-president for biotherapeutics research and development, says…
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Mayo Clinic, GE to Research Brain-Scan MRI Technology
The Mayo Clinic in Rochester, Minnesota and GE Global Research in Niskayuna, New York will conduct research leading to development of a dedicated MRI brain scanner for neurological and psychiatric disorders. Their work is funded by a $5.7 million grant from National Institutes of Health. An MRI brain scanner would be dedicated to diagnose disorders…
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Prototype U.K. Medical Records Card/Stick Developed
Two universities in the U.K. have developed a prototype smart card fitted with mass memory stick containing an individual’s medical records. The MyCare Card prototype was developed by City University London and Coventry University, with funding from the Engineering and Physical Sciences Research Council (EPSRC). The MyCare Card, pictured left, stores personal medical data, such…
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GE Technology Selected for First Gas/Wind/Solar Power Plant
GE says it will provide the basic technology for a power plant in Turkey that generates electricity with a combination of natural gas, wind, and solar power. The plant, to be built by MetCap Energy Investments, a Turkish development company, is expected to provide power for more than 600,000 homes when it goes online in…
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Project Seeks Potatoes Resistant to Climate Change
Spain’s Basque Institute for Agricultural Research and Development (Neiker-Tecnalia) is leading an international project to find potatoes tolerant of climate change and develop new potato varieties as needed. The potatoes should be suitable for growing under adverse environmental conditions, and help ensure their supply in the least favorable regions of the world. The potato is…