ANN ARBOR - In what is said to be the largest venture capital round in Michigan history, Millendo Therapeutics, formerly known as Atterocor Inc., announced this week it raised $62 million that will be used, in part, to pay new partner AstraZeneca for the rights to market a new cancer-fighting drug. The pharmaceutical giant also
PLYMOUTH - Partner with Bank of America Merrill Lynch on Jan. 28 and meet one-on-one with Michio’s BioConnections investment partners at the Michigan Life Sciences Innovation Center. But you need to submit your executive summary by Jan. 22 to participate. Bank of America Merrill Lynch (BofAML) is one of the world's leading financial institutions, serving
WASHINGTON DC - Last Friday, the Senate passed a combined omnibus appropriations and tax extenders package 65-33 (27 Rs and 38 Ds). Prior to that, the omnibus passed the House 316-113 and the extenders package by 318-109. The legislation now goes to President Obama to be signed into law. The legislation had several measures of
ANN ARBOR - Enzo Life Sciences has developed the ELISA immunoassays kit that provides a simple and accurate measurement of melatonin. Melatonin (N-acetyl-5-methoxytryptamine) is produced in the pineal gland and is a major component of the regulation of the circadian rhythm. Melatonin and its metabolites have demonstrated antioxidant properties and have been implicated in some
KALAMAZOO - The Apifiny blood test for prostate cancer developed by Kalamazoo-based Armune BioScience Inc. will be promoted by Quebec City, Quebec-based Aeterna Zentaris Inc. under a co-marketing agreement announced Tuesday. Apifiny is the only cancer specific, non-PSA blood test for the detection of prostate cancer. Under the co-marketing agreement, Aeterna will promote the test
LANSING – Join Gov. Rick Snyder and leaders of Life Sciences, politics and academia on December 8 to discuss how best to unleash Michigan’s biosciences research and development, and manufacturing potential to stimulate economic growth. The Michigan Bio-Sciences Growth Summit will discuss the details of a forward-looking strategy for building a strong, statewide biosciences cluster
LANSING - Rising health care costs, due to medical errors, unnecessary treatments and an antiquated payment structure, is dragging down consumer spending in other areas, an ultimately hurting the economy, a report released by the Economic Alliance of Michigan said. Eventually, some way has to be found to control health care costs, said Bret Jackson,
LANSING – On Dec. 8, join Gov. Rick Snyder and leaders from the bio-industry, academia and policy institutes for a half-day conference that will look at ways Michigan can harness its biosciences R&D to its manufacturing prowess to stimulate economic growth. MichBio, the state’s life sciences trade association, has selected a powerful lineup of speakers
LANSING – MichBio's annual Biosciences Capitol Day Oct. 20 is the chance for members to showcase their innovative products, services, and discoveries at the Michigan State Capitol in Lansing. Members are invited to set up a display table in the Capitol's rotunda to catch the eyes and ears of Michigan legislators. The event takes place
DETROIT - Asterand Bioscience Inc., the Wayne State University TechTown research company, Tuesday announced the acquisition of AdeptBio LLC, a Memphis, Tenn.-based company that procures human tissue specimens. Terms were not announced. Said Peter Ferrigno, CCO of Asterand Bioscience: "Together, we will strengthen our partnership with the pharmaceutical and diagnostic community, providing unparalleled quality samples,
