ANN ARBOR - An investment made by several groups of early-stage Michigan investors could pay off in a big way following the recent news that Allergan acquired Ann Arbor-based RetroSense Therapeutics LLC, a Michigan angel-backed gene therapy company, for $60 million plus additional funding if the company reaches future milestones. Terry Cross, MVCA member, and
ANN ARBOR - Converting human urine into a safe fertilizer for agricultural crops is the goal of a new $3 million grant from the National Science Foundation. University of Michigan engineering researchers lead the project, and they'll work with colleagues at the Vermont-based Rich Earth Institute, U-M School of Natural Resources and Environment, U-M School
GRAND RAPIDS - West Michigan Sustainable Business Forum’s September membership meeting will feature Eileen Gallagher from Edelman, who will discuss the multifaceted approach she uses to integrate sustainability into business strategy and create compelling and impactful sustainability marketing campaigns. The 2016 Michigan Sustainability Conference September 14 will be held at the Grand Valley State University Eberhard Center from
EAST LANSING - Researchers from the Michigan State University College of Engineering have created an easy way to use a cell phone to recognize prescription pills – often a major problem for the elderly and one that can have deadly consequences. Mi Zhang, an assistant professor of electrical and computer engineering, is the first-prize winner
AUSTIN - Lorne Matalon, a journalist reporting for National Public Radio in West Texas, has been awarded the 2016-17 Energy Journalism Fellowship at The University of Texas at Austin. The fellowship, now in its second year, is jointly sponsored by UT Austin’s Energy Institute and the Kay Bailey Hutchison Center for Energy, Law & Business.
ANN ARBOR - The U.S. National Institutes of Health will award an estimated $9 million over the next five years to a new statewide center to enhance the understanding and treatment of Alzheimer’s disease and related dementias. The Michigan Alzheimer’s Disease Core Center, launched Monday, will support researchers and clinicians from the University Research Corridor,
GRAND RAPIDS - Venture capital investments in Midwest health sciences companies ballooned during the first half of 2016, both in terms of deal flow and dollar value. Investors collectively put $1.04 billion into 218 deals involving Midwest-based health sciences companies between January and June, according to Cleveland-based BioEnterprise. That’s the largest amount and highest deal
ANN ARBOR - Enzo Life Sciences has introduced a new line of cancer-detecting reagents and diluents supplied in a ready-to-use format. These products are offered as higher sensitivity and lower background improvements upon our existing product lines: POLYVIEW PLUS Detection Reagents, for antibody-based detection; and SAVIEW PLUS Detection Reagents, for streptavidin-based detection. POLYVIEW® PLUS HRP
BRIGHTEN - Medical device maker FlexDex Surgical - a University of Michigan spin off - has signed a distribution agreement with Century Medical to distribute its surgical products throughout Japan. CMI specializes in high value added single use products like FlexDex instruments. “CMI is an exceptional partner with expertise in all aspects medical device regulations,
BRIGHTON - FlexDex Surgical has completed a $5 million Series B financing round that will be used to commercialize the company’s first product, fund development of a second-generation device and a create a catalogue of instruments for laparoscopic surgery. Financing was led by current investors and included the co-founders, board members, individual investors and distributors.
