PLYMOUTH - ProNAi Therapeutics has closed an oversubscribed $59.5 million Series D financing, led by Vivo Capital of Palo Alto, CA and included other new investors Frazier Healthcare Ventures, OrbiMed Advisors, Adams Street Partners, RA Capital Management, Caxton Alternative Management, Hopen Life Science Ventures, Sectoral Asset Management, and Janus Capital Management LLC. Existing investors including
DETROIT - Facebook COO and best-selling author Sheryl Sandberg will speak to the Adcraft Club of Detroit at a breakfast May 2. The event will take place from 8:30 ? 10 a.m. at the San Marino Club at 1685 E. Big Beaver Road in Troy. Sandberg will speak on the new opportunity for marketing and
LANSING - The reported Michigan House budget bill for the state's various departments for the 2014-15 fiscal year fills the Health Insurance Claims Assessment hole and provides General Fund monies for a road funding plan introduced by House Speaker Jase Bolger two weeks ago. HB 5313 was reported on a 19-0 vote on Thursday with
LANSING - Job seekers looking to participate in the state?s largest-ever job matchmaking summit face a fast-approaching deadline to apply online for the 1,200 jobs at Pure Michigan DREAMJOB being held in June at Ford Field. More than 110 of the state?s leading businesses will interview qualified job candidates for high-skill, high-pay positions using an
SOUTHFIELD - Lawrence Technological University has received a three-year $697,000 grant from the Wisconsin-based Kern Family Foundation to support further expansion of entrepreneurial-minded learning in the curricula for undergraduate engineering students. This is the final phase of a series of grants adding up to over $2.4 million from the Kern Family Foundation that began in
NOVI - ITC Holdings Corp. Tuesday announced its new five-year capital investment plan that calls for the nation's largest independent electric transmission company to spend about $4.5 billion through 2018. ITC expects to investment of about $2.2 billion in base operating companies, approximately $1.2 billion in regional infrastructure projects, and approximately $1.1 billion in additional
LANSING - Governor Rick Snyder announced Monday his plan to increase recycling in the state and named the Recycling Council that will oversee implementation of that plan. The goal of the plan is to help communities in setting up curbside recycling while also creating new markets for the recycled materials. "Michigan has a strong tradition
LANSING - Michigan's labor force participation rate - a statistic considered important to show how many people are working or looking for work - of 60.2 percent is relatively unchanged from a year ago and is the lowest rate of the Great Lakes states, according to an economic report from the state. The state with
GRAND RAPIDS - The West Michigan industrial economy experienced slow but accelerated growth, the highest reported by the survey since last summer. The survey results are based on data collected during the last two weeks of March on behalf of the Institute for Supply Management Greater Grand Rapids Inc. The survey?s index of business improvement,
LANSING - Broadband adoption in Michigan is now above the national average, with nearly eight of ten households subscribing to high-speed internet access, up from two-thirds in 2010. The news comes from the broadband advocacy organization Connect Michigan. According to the Pew Research Center, the national broadband adoption rate in 2013 was 70 percent, which