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By Jeff Buchanan | Read the full article here.  [Updated 1/27/17, 6:49 pm. See below.] The sale of Stratatech, a Madison, WI-based maker of human skin tissue, to Mallinckrodt Pharmaceuticals in August cost the company $76 million in cash, according to a filing submitted to federal securities regulators. In addition, U.K.-based Mallinckrodt (NYSE: MNK) could […]

By Jeff Buchanan | Read the full article here.  Redox, a Madison, WI-based startup that develops digital tools that enable healthcare applications to access data from electronic health records systems, says it has raised $9 million from investors. New York-based RRE Ventures led the Series B financing. Other participants in the funding round included return backers […]

By David Schuyler | Read the full article here.  Rockwell Automation Inc., a Milwaukee-based provider of industrial automation systems, controls and software, said Friday that it has been selected as a critical industrial automation partner in a U.S. Department of Defense regenerative medicine effort. Rockwell (NYSE: ROK) will serve as a partner in the agency’s new public-private […]

January 31, 2017 By Terry Devitt | Read the full article here.    A $10 million commercial biotech plant laboratory in Middleton, Wisconsin, first opened in 1982 with the help of University of Wisconsin–Madison scientists, will soon become part of UW–Madison following a donation from Monsanto Co. The facility, a labyrinth of greenhouses and laboratories where […]

WASHINGTON, Jan. 10, 2017 /PRNewswire-USNewswire/ — The U.S. Small Business Administration (SBA) today inducted Illumina and Atlantia Offshore Limited into the 2017 SBIR Hall of Fame and presented the prestigious Tibbetts Award to 37 deserving small businesses, five individuals, and three supporting organizations during a White House ceremony. Awardees were recognized for their critical roles in […]

Next Generation Researchers Act was included in major bipartisan health care innovation legislation passed by Congress last week. WASHINGTON, D.C. – Today bipartisan legislation supporting young researchers authored by U.S. Senators Tammy Baldwin (D-WI) and Susan Collins (R-ME) was signed into law by President Obama. At a time when America’s young researchers are facing a […]

January 3, 2017 AdvaMed Praises Introduction of House Device Tax Repeal Legislation WASHINGTON, D.C. – Scott Whitaker, president and CEO of the Advanced Medical Technology Association (AdvaMed), issued the following statement on introduction of bipartisan legislation in the U.S. House to permanently repeal the medical device excise tax: “Introduction of the Protect Medical Innovation Act […]

Article by Judy Newman, Wisconsin State Journal. Full article here.  Cellular Dynamics International, the company founded by internationally renowned UW-Madison stem cell pioneer James Thomson, plans to leave Madison for Verona. CDI gave the Verona Plan Commission an initial look, earlier this month, at a proposal for a new building just east of the Verona […]