Tag: manufacturing
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AstraZeneca Building New Biologics Plant
18 May 2015. The pharmaceutical company AstraZeneca plans to build a new facility in Södertälje, Sweden to manufacture biologic medications. The $285 million plant is expected to employ from 150 to 250 workers when it goes into operation in 2019. Södertälje is the site of AstraZeneca’s largest factory for making tablets and capsules, as well…
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Bristol-Myers Squibb Licensing Gene Therapies in $2.3B Deal
6 April 2015. Drug maker Bristol-Myers Squibb is licensing gene therapies from biotechnology company uniQure N.V. in a deal with a total potential value of $2.3 billion, including an equity stake in uniQure. The agreement gives Bristol-Myers Squibb exclusive access to as many as 10 disease programs being developed by uniQure, including a treatment for…
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New Processes to Manufacture Food Sought in Challenge
27 March 2015. Sponsors of a new challenge on InnoCentive are seeking new manufacturing processes for making food and snacks. The competition has a total prize purse of $10,000 and a deadline of 23 April 2015 for submissions. InnoCentive in Waltham, Massachusetts conducts open-innovation, crowdsourcing competitions for corporate and organization sponsors. The sponsor, in this…
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Gates Invests, Supports R&D in RNA Vaccine Maker
6 March 2015. The Bill and Melinda Gates Foundation is making an equity investment and providing a grant to support research at CureVac GmbH, a developer of vaccines and therapies with RNA molecules. The foundation is investing €46 million ($52 million) in CureVac, in Tübingen, Germany, but the amount of the grant supporting research in…
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Redesigned Crutch Developer Gains $450K in Early Funds
17 February 2015. A company developing a more comfortable alternative to standard underarm or forearm crutches, secured $450,000 in its first venture funding round. Financing for Better Walk Inc., a spin-off from Georgia Institute of Technology and based in Atlanta, is led by MB Venture Partners, a Memphis-based venture capital firm. A broken ankle playing basketball…
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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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Project Aims to Boost Ebola Drug Production
31 December 2014. A research team at University of California in Davis aims to find new ways of boosting production capacity of the experimental Ebola drug ZMapp. The 1-year project, led by UC-Davis chemical engineering and materials science professor Karen McDonald, is funded by a $200,000 rapid-response grant from National Science Foundation. The current Ebola…
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Child-Safe Coating Devised for Button Batteries
4 November 2014. Engineers and medical researchers at Massachusetts Institute of Technology and hospitals affiliated with Harvard Medical School developed a coating for small batteries that tests show could prevent poisoning when swallowed accidentally by young children. The team from the labs of Robert Langer at MIT and Jeffrey Karp at Brigham and Women’s Hospital…
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3-D, Open-Source Syringe Pump Cuts Research Lab Costs
18 September 2014. Engineers at Michigan Technological University in Houghton produced a syringe pump, a common but often expensive piece of lab equipment, with three-dimensional printing that drastically cuts the cost of the device. The team led by Michigan Tech’s Joshua Pearce published its findings yesterday in the journal PLoS One, and makes the pump’s…
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Student Designs Simple Water Filter, Seeks Crowdfunding
24 July 2014. An engineering student at ETH Zurich, a science and technology university in Switzerland, designed a simple, inexpensive water filter to bring drinking water to developing countries that lack reliable clean water sources. Jeremy Nussbaumer developed the DrinkPure filter while an undergraduate at ETH Zurich, and now has a crowdfunding campaign on Indiegogo…