Category: Hiring/layoffs
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Report: U.S. Edge in Advanced Industries Slipping
5 February 2015. A new report from Brookings Institution says the United States is losing ground to overseas competitors in critical advanced industries that hold the key to the country’s long-term economic future. The study by the Washington, D.C. think tank was discussed in a forum today with six CEOs of U.S. companies and the…
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RNA Therapies Company Gains $450M in Venture Funds
5 January 2015. Moderna Therapeutics, a developer of medications that use genetic material to produce therapeutic proteins in the body, raised $450 million in its third announced venture financing round. The Cambridge, Massachusetts biotechnology company says existing investors AstraZeneca and Alexion Pharmaceuticals joined with new participants Viking Global Investors LP, Invus, RA Capital Management, and…
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Univ at Buffalo Starting Advanced Materials Research Center
1 July 2014. University at Buffalo in New York is establishing a new materials research department that aims to accelerate the process of bringing advanced materials to market. Buffalo’s Materials Design and Innovation department is a joint project of the university’s engineering and Arts and Science schools, and funded in part by donation of $1.5…
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Government Shut-Down Another Body Blow Say Life Scientists
The government shut-down, said a group of researchers, is taking a large and lasting toll on life sciences in the U.S., with the ripples being felt in the economy at large. The life scientists spoke today at a press conference in Washington, D.C. organized by American Society for Cell Biology (ASCB). The researchers, all from…
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Forum: Focus Research Funding on Scientists Not Science
Elazer Edelman, a health sciences and technology professor at MIT called for a different funding formula during tight economic times that finances scientists rather than big scientific initiatives. Edelman made his remarks at a forum today on biomedical innovation in Washington, D.C. put on by American Association for the Advancement of Science (AAAS). He also…
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AstraZeneca Consolidates Research in U.K. and U.S.
The pharmaceutical company AstraZeneca will consolidate its research operations at three main hubs in its U.K. home base, as well as the U.S. and continental Europe. The four-year plan, which includes moving its corporate headquarters, is expected to cost the company $1.4 billion and result in a reduction of some 1,600 jobs, mainly in the…
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Pharma Company Allergan to Build New Jersey R&D Center
Allergan Inc., a developer of specialty pharmaceutical products, will build a new research and development center in Bridgewater, New Jersey. According to a company announcement, the the 93,000-square-foot facility is expected to employ “several hundred” employees, but neither the precise number nor types of the jobs were disclosed. Allergan, headquartered in Irvine, California, develops and…
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Report: Business Research Funding Decline Impacts Innovation
A new report from the National Science Board, the governing body of the National Science Foundation, says declines in business R&D investment over the past decade, particularly during the recession of 2008-2009, are taking a toll on American innovation. The report, Research & Development, Innovation, and the Science and Engineering Workforce, also notes that reductions…
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Israeli Consortium to Study Mediterranean Resources
A consortium of universities and research institutes, headed by University of Haifa, will establish the Israel Center for Mediterranean Sea Research. A committee of Israel’s Council for Higher Education adopted the recommendation of Israel Academy of Sciences to establish the center, whose work will include research of Israel’s off-shore economic potential. In addition to University…
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Special: U.S. Policies Connect Research to Manufacturing
Editor’s note: Science Business today is devoted to a report of a conference in Washington, D.C., “U.S. Manufacturing: Policies for a New Economic Reality.” At a conference on U.S. manufacturing policy at the Brookings Institution in Washington, D.C., panelists urged stronger policies to more explicitly link scientific research to the factory floor, in order for…