Month: February 2011
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Grant Awarded for Medical Test Results Follow Up Technology
Martin Chieng Were, assistant professor at the Indiana University School of Medicine in Indianapolis, has received a grant to support his research on health information technology to improve post-hospital management of patients. The $420,000 grant from the Robert Wood Johnson Foundation will fund Were’s work focusing on medical test results that are still pending when…
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Two Pesticides Linked to Higher Rates of Parkinson’s Disease
A new study by government and private research institutes shows higher rates of Parkinson’s disease among people using the highly restricted pesticides rotenone and paraquat. The findings were published recently in an online issue of the journal Environmental Health Perspectives. The research team found that people who used either pesticide developed Parkinson’s disease about 2.5…
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European Nanomaterial Reference Repository Created
The European Commission’s research center, based in Italy, has launched Europe’s first nanomaterial repository with a collection representing 25 different types of nanomaterials. The repository, operated by the EC’s Joint Research Centre is expected to aid in safety assessments of nanomaterials. Materials developed at nanoscale (1 nanometer = 1 billionth of a meter) offer a…
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FDA Grants Orphan Drug Status for ALS Candidate
BrainStorm Cell Therapeutics Inc. in Petach Tikvah, Israel says the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to the company’s NurOwn adult stem cell product candidate for the treatment of amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s Disease. ALS is a progressive neurodegenerative disease of nerve cells in the…
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Pharma Companies Partner on Dengue Drugs
Medivir AB, a specialty pharmaceutical company in Huddinge, Sweden, will collaborate with Janssen Pharmaceutica N.V. in Beerse, Belgium on drugs for the prevention and treatment of dengue virus infection. Both companies plan to use their expertise in protease inhibitors for this partnership. According to the World Health Organization, dengue is the most common mosquito-borne viral…
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Finance Friday: 11 February 2011
Here are recent financial transactions for science- and engineering-based companies reported by Xconomy. Biomedical/Life Sciences AcelRx Pharmaceuticals in Redwood City, California. Pain medications. $40 million IPO: 8 million shares @ $5.00. Optimer Pharmaceuticals in San Diego, California. Antibiotics. $67.5 million stock offering: 6 million shares @ $11.25. Fluidigm in South San Francisco, California. $75.6 million…
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Survey: Therapeutic Discovery Project Helps Biotechs
A survey of executives with biotechnology companies that received grants or credits under the Qualifying Therapeutic Discovery Project indicates the companies benefited from the awards, including the creation of new jobs. The survey of 226 top-level company executives was conducted online by the polling company Penn Schoen Berland, between November 2010 and February 2011, for…
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Fuel Cell Developer Relocates Near Nanotech Researcher
Bing Energy Inc., a manufacturer of components for polymer electrolyte membrane fuel cells, is moving its headquarters from California to Florida to work with a university researcher in nanotechnology. The company had already licensed the research of Jim Zheng, an engineering professor at Florida State University in Tallahassee, whose work involves nanosensors, energy storage, and…
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Radio Chips Found Effective in Tracking Surgical Sponges
A study of simulated surgical procedures found surgical sponges with embedded radio-frequency (RF) chips were detected when placed out of visual sight under the patients, many of whom were obese. The findings appear in the February issue of The American Journal of Surgery (paid subscription required). Retained surgical items — those left in the patient’s…