Read the full story here. The Wisconsin Small Business Development Center (SBDC) Network, a key component of the University of Wisconsin System’s statewide business outreach, has earned national accreditation through 2024. This rigorous program review and approval process is conducted every five years by America’s Small Business Development Centers (ASBDC) for the U.S. Small Business Administration (SBA). The SBA provides federal funding […]
Read the full story from BizTimes here. MCW and Froedtert are aiming to reach the $225 million goal by December 2020. “We know the challenges, and the world looks to us for innovation,” said Dr. John Raymond, president and chief executive officer of MCW. “As the only academic health system and largest biomedical research institution […]
Read the full press release here. SHINE Medical Technologies LLC today announced that the U.S. Nuclear Regulatory Commission (NRC) has accepted SHINE’s Operating License Application to operate its medical isotope production facility in Janesville, Wis. The NRC’s acceptance confirms that SHINE’s application was complete and of sufficient quality for the NRC to start its detailed […]
Read the full press release here. Last night, nine winners were honored from the thirty-one finalists and more than 400 nominees during the 2019 Wisconsin Innovation Awards at the Wisconsin Union in Madison. The ceremony, emceed by Wisconsin local Mariah Haberman of Discover Wisconsin, recognized the state’s most innovative products and services from nine industry […]
Read the full press release here. Alcami Corporation, a leading provider of fully-integrated custom end-to-end solutions for the pharmaceutical and biologics industries, today announced the launch of its new rapid sterility offering, a service that leverages cutting-edge microbiological testing technology to deliver significantly faster testing results to clients. Alcami invested in the Milliflex® Rapid System for the rapid sterility […]
Read more about the awardees here. Eight innovative small businesses in Wisconsin will receive matching grants to commercialize their innovations, thanks to the SBIR Advance program’s latest round of funding. Four businesses, selected for Phase I, will receive up to $49,000 to $75,000 each, and four Phase II businesses will receive up to $100,000. The […]
Read the full press release from Business Wire here. SHINE Medical Technologies LLC today announced the closing of a $50-million financing with funds managed by Oaktree Capital Management L.P. (“Oaktree”), a leading global investment firm with more than $120 billion under management as of June 30, 2019. The financing supports the ongoing construction of SHINE’s […]
Read the full press release from Cellular Logistics here. UW-Madison physician researchers Amish Raval, M.D., and Tim Kamp, M.D., Ph.D., have been awarded a U01 Research Project Cooperative Agreement by The National Institutes of Health. Cellular Logistics, a UW spinout co-founded by Dr. Raval that is creating a new way to treat heart damage, and […]
Read the full story from WISBUSINESS here. Catalent Biologics’ cell line development and biomanufacturing site in Madison is expanding with a $75 million investment expected to create at least 145 new jobs by the end of 2021, Governor Tony Evers, local leaders and company officials announced today. “We are grateful Catalent has decided to continue […]
Read the full story from Madison Startups here. FUJIFILM Cellular Dynamics (FCDI) today unveiled its new 32,000-sq.ft. cell therapeutics facility at 465 Science Dr. that has been named i-FACT (Innovation Facility for Advanced Cell Therapies). It marked a milestone for FUJIFILM since it acquired Cellular Dynamics in 2015. At the time, FUJIFILM announced it would maintain […]