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Biotech-Manufacturing Partnership to Open Biodiesel Pilot Plant
Novozymes, a Danish maker of industrial enzymes, and Piedmont Biofuels, a biofuels manufacturer and coop in Pittsboro, North Carolina, will unveil tomorrow a new pilot plant demonstrating improved process for the production of biodiesel. The companies say this is the first pilot plant of its kind in the United States and uses a new method…
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Robotic Exoskeleton Provides Disabled More Precise Mobility
An Auckland, New Zealand company has built a pair of robotic legs strapped to and worn outside the body that helps disabled people stand, walk, climb steps and ramps, and move in any direction. The company, Rex Bionics, says the robotic exoskeleton has undergone seven years of development and testing, including regulatory approval in New…
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Biotech Company Wins NIH Biodefense Grants
MacroGenics Inc, a biotechnology company in Rockville, Maryland, today announced that the National Institutes of Health (NIH) has awarded the company three new grants representing total funding of $9.8 million. MacroGenics develops therapeutics to treat autoimmune disorders, cancer and infectious diseases. The company says the NIH grants will advance its Dual-Affinity Re-Targeting (DART) platform, as…
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Financing Deals: 14 July 2010
Pacific Biosciences in Menlo Park, California, a developer of molecular biology technology, announced completion of a new round of financing worth $109 million. This round includes a previously announced $50 million investment by Gen-Probe Inc., a maker of molecular diagnostic products and services. Hugh Martin, Pacific Biosciences’s chairman and CEO says the funding will be…
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Algae Biofuels Project Advances from Lab to Greenhouse
The oil and gas company Exxon Mobil Corporation and Synthetic Genomics Inc. (SGI) opened today a greenhouse to provide more real-life conditions in their algae biofuels program. The facility is located on the SGI campus in La Jolla, California. SGI specializes in commercial applications of genomic research. SGI and Exxon Mobil researchers are using the…
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Partnership to Develop Psychiatric Treatments
Aestus Therapeutics in North Brunswick, New Jersey) and Eisai Inc. in Woodcliff Lake, New Jersey will collaborate on research and development of novel therapeutics for the treatment of psychiatric disorders. The collaboration will cover pre-clinical validation of potential therapeutics leading to clinical proof-of-concept studies. Aestus says it has previously identified products with the potential to…
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Genomic Behavior Profile Developed of Human Arteries
Scientists at HemoShear LLC in Charlottesville, Virginia, have produced a profile of all genes that influence the biology and function of the human artery system. The research offers insights into the range of genes found in specific cell-types that make up human arteries. Brett Blackman, one of the company’s founders, said HemoShear’s team “identified individual…
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GE Leads $200 Million Smart Grid Challenge
GE and four venture capital companies unveiled a $200 million innovation challenge for ideas to improve and accelerate a smarter and more efficient electrical grid. The challenge is open to ideas from individuals or teams in business or other sectors. The ideas sought from challenge participants cover three broad themes … Renewable energy Grid efficiency…
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Nanotechnology Gains Higher Profile in Personal-Care Industry
A review of patents issued for new health and beauty products since 2003 shows an increasing reliance on nanotechnology to achieve breakthroughs in product design and performance. Between 2003 and 2009, the number of patents for health and beauty items making use of nanotechnology more than doubled, from 181 in 2003 to 367 in 2009.…
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New Service Connects Investigators with Clinical Trial Sponsors
CenterWatch in Boston, Massachusetts today unveiled a new service to help pharmaceutical companies and contract research organizations (CROs) find and engage investigative sites worldwide to conduct phase I through IV clinical trials. Sponsors of clinical research have become more interested in recruiting investigators from more locations around the world. At the same time, says CenterWatch…