Category: Finance
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Cochlear Implant Robotics Start-Up Gains NIH Funds
A university spin-off enterprise developing robotics to make cochlear implants for hearing loss safer and more effective is receiving a Small Business Innovation Research, or SBIR, grant to advance its technology.
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Synthetic DNA Start-Up Raises $13M in Early Funds
A company producing synthesized DNA for medical and other biotechnology applications is raising €11 million ($US 13 million) in its first venture funding round.
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NIH Funds Heart Tissue Regeneration Tests in Pigs
An experimental drug to help grow new heart tissue after a heart attack is advancing to tests in pigs, with help from National Institutes of Health.
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Wearable-Implant Diagnostics Device in Development
A university engineering lab is developing a device combining a sensor chip implanted under the skin and wrist band to diagnose serious diseases and transmit the data.
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MIT, IBM Open Artificial Intelligence Lab
Massachusetts Institute of Technology and IBM are establishing a joint lab to advance the state of knowledge and business impact of artificial intelligence.
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Start-Up Lands $10M for Gene-Editing HIV Treatments
A new enterprise developing treatments using gene editing to eliminate HIV infections received $10 million in its seed funding round.
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Students Win Prize, Start Company for Alzheimer’s Detection
A team of undergraduate students won first prize in a National Institutes of Health biomedical engineering contest for a headset device to diagnose early-stage Alzheimer’s disease.
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Engineered T-Cell Company Acquired for $11.9 Billion
A company developing personal cancer therapies that genetically engineer a patient’s immune system cells is being acquired in a deal valued at $11.9 billion.
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Engineered Insulin-Producing Cells to Be Grown in Lab
A team from three universities is developing in the lab synthetic islet cells, the cells that produce insulin in the pancreas, for eventual transplantation in people with type 1 diabetes.
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Study Testing Repurposed Drugs with Resistant Bacteria
A university team is investigating two current drug compounds for their ability to take on a new task, fighting bacteria becoming resistant to antibiotics.