Tag: licensing
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University Start-Up to Generate Power with Stored CO2
A spin-off company from University of Minnesota is commercializing a process for generating electricity with geothermal energy from stored carbon dioxide captured at coal-fired power plants. Heat Mining Company LLC, in Rapid City, South Dakota, is based on a technology invented by Minnesota faculty Martin Saar (earth science) and Thomas Kuehn (engineering), and earth science…
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Biotech Licenses Brain-Nervous System Treatment Technology
Ben-Gurion University of the Negev in Israel says it has licensed a technology from its labs that crosses the blood-brain barrier to deliver drugs for treating disorders of the brain and central nervous system. The V-Smart technology, as its called, was licensed exclusively to Lauren Sciences LLC, a privately held biotechnology company in New York.…
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New PhD Grad, Professor Form Building Technology Company
An engineering professor and recent PhD graduate at University of Toronto have developed a technology to protect tall buildings from high winds and earthquakes, and started a company to take the technology to market. Civil engineering professor Constantin Christopoulos and recent Ph.D. Michael Montgomery (pictured left) developed the technology over 10 years, and founded Kinetica…
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University Licenses Research to Detect Airborne Toxins
University of California at Riverside is licensing an engineering professor’s research on detecting airborne toxins to a local company that plans to take the technology to market. Nano Engineered Applications Inc. plans to develop the research of chemical and environmental engineer Nosang Myung (pictured right) into handheld detection devices that can spot harmful substances in…
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Osteoporosis Drug Developer Secures $28M in Series B Round
Tarsa Therapeutics Inc., a Philadelphia-based developer of drugs to treat osteoporosis, has completed $28 million in new series B financing, the second round of funding after initial start-up. The financing package, announced on Friday, is led by a new investor in the company, Foresite Capital. The funding is expected to support the next commercialization and…
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Start-Up Licenses Univ. of Colorado 3-D Imaging Technology
University of Colorado in Boulder has licensed an advanced imaging technology developed in its engineering labs to a start-up company founded by the technology’s inventor. Double Helix LLC, also of Boulder and founded by engineering professor Rafael Piestun, has negotiated an exclusive license to commercialize the technology from the university’s technology transfer office. Piestun developed…
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Merck to Fund New Translational Research Institute
The pharmaceutical company Merck in Whitehouse Station, New Jersey unveiled plans today to establish the California Institute for Biomedical Research (Calibr), an independent, not-for-profit organization to speed the translation of basic biomedical research into new medicines to treat disease. Merck is expected to provide up to $90 million financing for Calibr over seven years. Researchers…
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Biotech, Pharma Companies to Collaborate on New Vaccines
Medicago Inc. in Quebec City, Canada and Mitsubishi Tanabe Pharma Corp. in Osaka, Japan have agreed to develop and commercialize at least three new vaccines based on Medicago’s technology. The first part of the deal is expected to provide Medicago with up to $C33 million ($US 33 milion) in revenues. The partnership will give Mitsubishi…
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Coating Developed to Enable Faster, Stronger Dental Implants
A clinical study led by researchers at Linköping University in Sweden shows that a new process speeds and strengthens the implants of artificial teeth in the jaw bones of patients. The findings of the study appear online in the journal Bone (paid subscription required), and the study leader has founded a company for commercializing the…
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Maryland Universities to Partner on Biotech, Tech Transfer
University of Maryland campuses in Baltimore (UMB) and College Park (UMCP) have agreed on a plan to collaborate on new or combined biotechnology, public health, and commercialization programs, as well as encourage joint research, faculty appointments, and grant submissions. The state’s university board of regents today approved the partnership called University of Maryland: MPowering the…