Category: Finance
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California Supporting Embryonic Stem Cell Clinical Trial
The California Institute for Regenerative Medicine (CIRM) awarded a $25 million grant to support the first FDA-approved clinical trial based on human embryonic stem cells. The award to Geron Corporation in Menlo Park, California, will support the company’s early phase trial, already underway, for people with spinal cord injury. CIRM, the state’s stem cell agency,…
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Grant Awarded for New Technology to Develop Polio Vaccine
The Bill and Melinda Gates Foundation has awarded University of Central Florida in Orlando a grant to develop a tablet-based vaccine for polio using a new technology that promises to make vaccines faster, safer, and less expensive. The $761,302 two-year grant will fund research by UCF biotechnology professor Henry Daniell (pictured left). Most vaccines are…
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Global Venture Capital Volume Up in Q1, Deal Number Down
The volume of venture deals for companies in the U.S., Europe, Canada, Israel, China, and India jumped 20 percent to $9.8 billion in the first quarter of 2011 compared to the same quarter in 2010. However, the number of deals worldwide declined 7 percent in the first quarter, to 967. The data compiled by Dow…
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Diagnostics Companies Get European Grant for Bladder Cancer
Molecular diagnostics companies MDxHealth SA in Liege, Belgium and NovioGendix B.V. in Nijmegen, Netherlands have received a $1.1 million grant from Eurotrans-Bio to advance their bladder cancer program. NovioGendix is a spin-off company from Radboud University Nijmegen Medical Centre (RUNMC). Eurotrans-Bio is a European Commission initiative to encourage cross-border research and development between small companies…
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Grants to Fund Tech Commercialization in Maryland
The Maryland Technology Development Corporation (TEDCO) in Columbia has started a technology transfer program with funding for small businesses to commercialize U.S. government technologies. TEDCO’s Joint Technology Transfer Initiative (JTTI) will award $825,000 to 11 small businesses over two years. Grants of up to $75,000 will go to companies with plans to bring to market…
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Grant Funds Cross-Border Illegal E-Waste Tracking
The U.S. Environmental Protection Agency (EPA) has awarded a $2.5 million grant to help international efforts that curb improper disposal of hazardous electronic waste. EPA estimates that only about five percent of the more than 40 million metric tonnes of annual global e-waste are being recovered. The five-year grant to the United Nations University (UNU)…
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American Express to Open IP Marketplace
The financial services company American Express in New York says it is creating a marketplace for buying and selling intellectual property. The project called Intellectual Property (IP) Zone, now in beta testing, will cover trades involving patents, trademarks, software, and other IP products. The current beta version works with a closed group of buyers and…
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Foundations, Duke University Start Biomed Engineering Fund
Duke University in Durham, North Carolina has created a $20 million endowment to encourage research collaborations between bioengineers and clinicians that aims to develop new technologies to improve patient care. Duke’s medical and engineering schools are taking part in the endowment. The Wallace H. Coulter Foundation in Miami, Florida is funding half of the Duke…
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ARPA-E to Fund $130 Million for New Energy R&D
The Advanced Research Projects Agency-Energy (ARPA-E) announced the availability of funding of five new research areas in its fourth round of grants for new energy technologies. The projects to be funded will involve rare earth alternatives, biofuels, thermal storage, grid controls, and solar power electronics. ARPA-E is modeled after the Defense Advanced Research Projects Agency…
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High-Capacity Bandwidth Provided for Research Institutions
The networking company Level 3 Inc. in Broomfield, Colorado will provide high-bandwidth fiber optic network capacity for the Internet2 consortium’s network supporting research and educational institutions. Internet2, in Ann Arbor, Michigan, is an advanced networking consortium of 200 U.S. universities as well as corporations, government agencies, national labs, and other regional and local institutions. Under…