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 […]
Read the full article from BizTimes here. The Waukesha-based Bryon Riesch Paralysis Foundation is giving $1.25 million for neuroscience research at the Medical College of Wisconsin. The award will support MCW’s Center for Neurotrauma Research in the Department of Neurosurgery to fund spinal cord injury research. BRPF has previously supported MCW with grants totaling more than $1.2 million, […]
Read the full article from BizTimes here. The Milwaukee School of Engineering on Friday celebrated the grand opening of the Dwight and Dian Diercks Computational Science Hall, a new $34 million AI-focused academic facility in the center of its campus. The four-story, 64,000-square-foot facility, located at the corner of Milwaukee and State streets, features a […]
Read the full article from Business Wire today. GE Healthcare today announced the Food and Drug Administration’s 510(k) clearance of Critical Care Suite, an industry-first collection of artificial intelligence (AI) algorithms embedded on a mobile X-ray device. Built in collaboration with UC San Francisco (UCSF), using GE Healthcare’s Edison platform, the AI algorithms help to […]
Read the full press release from Business Wire here. JANESVILLE, Wis., Sept. 12, 2019 –SHINE Medical Technologies LLC today announced that its founder and CEO Greg Piefer has received the University of Wisconsin-Madison Department of Physics’ 2019 Distinguished Alumni Award. The award is the highest honor presented to accomplished graduates of UW-Madison for their professional […]
Read the full press release from RPRD Diagnostics here. RPRD (Right Patient Right Drug) Diagnostics and St. Jude Children’s Research Hospital today announced their recent publication, “Challenges in clinical implementation of CYP2D6 genotyping: choice of variants to test affects phenotype determination,” in Genetics in Medicine, the official journal of the American College of Medical Genetics and Genomics. In this article […]