Category: Finance
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Implanted Sensor to Measure Blood Sugar in Development
1 December 2015. An engineering group at University of Texas in Arlington is developing a system for people with diabetes to measure their blood glucose levels without taking repeated blood drops throughout the day. The work in the lab of biomaterials professor Kyungsuk Yum is funded by a $100,00 grant from the Texas Medical Research Collaborative.…
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Governments, Private Investors Unveil Clean Energy Plans
30 November 2015. Two separate but related initiatives from governments and private investors were unveiled today to boost investment in clean energy innovations for reducing the threat of climate change. Statements announcing the initiatives, expected to double global government spending on clean energy innovation to $20 billion, were made to coincide with the opening of…
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ARPA-E Funding 41 Energy Generation, Efficiency Projects
23 November 2015. Advanced Research Projects Agency-Energy, or ARPA-E, the agency funding riskier energy research and development initiatives in the U.S., announced funding for 41 new projects, including those at 19 private companies. The grants totaling $125 million were revealed today by Secretary of Energy Ernest Moniz at 1776, a technology incubator and seed fund…
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Exosome Therapy Start-Up Launches, Raises $80M
17 November 2015. A new biotechnology company developing therapies that use tiny cellular containers to deliver their payloads is spun off from M.D. Anderson Cancer Center and raising $80 million in early venture funding. Codiak Biosciences, based in Cambridge, Massachusetts is founded and licensing research by Raghu Kalluri, chair of M.D. Anderson’s cancer biology department.…
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Less-Invasive Skin Biopsy Sought in $30K Challenge
13 November 2015. In a new challenge on InnoCentive, a pharmaceutical company specializing in skin disorders is seeking a new minimally-invasive procedure for skin biopsies to provide samples for RNA analysis. The competition, sponsored by Leo Pharma in Ballerup, Denmark has a purse of $30,000 and a deadline of 10 February 2016. InnoCentive in Waltham,…
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Gene Therapy Company Raises $70 Million in IPO
11 November 2015. Voyager Therapeutics, a company less that two years old developing gene therapies for central nervous system disorders is raising $70 million in its initial public stock offering. The Cambridge, Massachusetts enterprise, trading on the Nasdaq exchange (symbol: VYGR), offered 5 million shares yesterday at $14.00. Shares closed today at $17.75, a gain…
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Winners of ALS Variation Models Challenge Announced
5 November 2015. Participants from universities in the U.S. and Taiwan are winners of a challenge to develop mathematical models that predict variations in progression of ALS in patients with the disease. The Dream ALS Stratification Prize4Life Challenge is a joint undertaking of Sage Bionetworks, a not-for-profit biomedical research organization, Dialogue on Reverse Engineering Assessment…
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Wearable Asthma Trigger Detector in Development
4 November 2015. A wearable device that detects conditions triggering asthma attacks in children is being developed by a team of engineers and behavioral scientists. The four-year project brings together sensor designers at University of Maryland-Baltimore County and psychologists at Southern Methodist University in Dallas, funded by a $2 million grant from National Institute of…
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Artificial Kidney Implant Gains $6 Million Funding
3 November 2015. A collaboration of engineering and medical researchers is developing an implantable artificial kidney to reduce the need for dialysis in people with kidney failure awaiting a transplant. The four-year project combining teams from University of California in San Francisco with Vanderbilt University in Nashville, is funded by a $6 million grant from…
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Univ Lab, Spin-Off Developing Drug from Turmeric
28 October 2015. A university biochemistry lab and spin-off enterprise developing drugs from plants are collaborating on a process for extracting a key ingredient for an anti-inflammatory compound from the common spice turmeric. The project, bringing together the lab of biochemistry professor David Gang at Washington State University and Botanisol LLC in Scottsdale, Arizona, is…