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Q3 Venture Investments Rise in China, Decline in Europe

(U.S. Mint)

Venture capital (VC) investments, according to Dow Jones VentureSource, moved in opposite directions in China and Europe during the third quarter of 2011. Dow Jones VentureSource is a database of investments from 67,000 venture-backed companies in North America, Europe, Israel, China, and India.

In the third quarter, investors put $1.3 billion into . . . → Read More: Q3 Venture Investments Rise in China, Decline in Europe

Company, Institute Partner on Cancer Drug Candidate Catalog

(National Institutes of Health)

Researchers at Fox Chase Cancer Center in Philadelphia and Reaction Biology Corporation in Malvern, Pennsylvania have compiled an index of 178 candidate drugs capable of blocking the activity of one or more of 300 enzymes, including enzymes involved with cancer. Their findings appear online in the journal Nature Biotechnology, and . . . → Read More: Company, Institute Partner on Cancer Drug Candidate Catalog

FDA Approves Post-Surgical Pain Medication

(National Institutes of Health)

Pacira Pharmaceuticals Inc. in Parsippany, New Jersey says the Food and Drug Administration has approved its drug Exparel for the management of post-surgical pain. The non-opioid local analgesic, says the company, can provide pain relief for surgical patients of up to 72 hours.

Exparel combines the compound bupivacaine in the . . . → Read More: FDA Approves Post-Surgical Pain Medication

U.S. Agencies Directed to Speed Science to Marketplace

President Barack Obama delivers remarks following a tour of the National Robotics Engineering Center at Carnegie Mellon University in Pittsburgh. (Official White House Photo by Pete Souza)

President Obama today directed federal research agencies to take additional steps to transfer discoveries from their labs into the hands of businesses. The actions outlined by the . . . → Read More: U.S. Agencies Directed to Speed Science to Marketplace

$40K Challenge Seeks High-Speed Missing Food Finder

A new challenge on InnoCentive seeks a method or process of identifying trays with missing food servings in a system where servings are delivered to trays one at a time at high speeds. The competition has a prize of $40,000 and a deadline of 2 January 2012 for submissions.

InnoCentive in Waltham, Massachusetts is a . . . → Read More: $40K Challenge Seeks High-Speed Missing Food Finder

Open-Source Software Models Human Muscle Movements

(opensim.stanford.edu)

A software package called OpenSim, developed by biomedical engineers at Stanford University in California, enables researchers and clinicians to simulate movements of human muscles. A participatory exhibit developed around OpenSim is now open at The Leonardo, a new Salt Lake City science and technology museum.

OpenSim builds musculo-skeletal models used in research on . . . → Read More: Open-Source Software Models Human Muscle Movements

European Project to Advance Organic Solar Cells

Organic solar cells on glass plates (Imec)

The Belgian research institute Imec will lead a consortium of 17 European organizations and companies to develop a more commercially-viable organic photovoltaic technology. The X10D project, funded by the European Commission, aims to improve the efficiency of organic solar cells while retaining their low manufacturing costs.

Organic . . . → Read More: European Project to Advance Organic Solar Cells

Synthesized Methods Developed for Anti-Coagulant Drugs

Robert Linhardt (RPI)

Researchers at Rensselaer Polytechnic Institute in Troy, New York and University of North Carolina, Chapel Hill have developed a new method for producing the anti-coagulant drug fondaparinux that is purer, faster, and less expensive. Their findings, which the authors say offer a template for the discovery of other drugs, appear in . . . → Read More: Synthesized Methods Developed for Anti-Coagulant Drugs

EADS to Share Nanotech Patents with Russian Agency

(U.S. Department of State)

The European aerospace consortium EADS and the Russian nanotechnology corporation RUSNANO have agreed to collaborate on research and development of nanotechnology-related products. The first stage of the partnership is to identify relevant patents in the EADS portfolio suited for new development by Russian industry.

The EADS Group includes the Airbus, . . . → Read More: EADS to Share Nanotech Patents with Russian Agency

Gates Foundation, China to Partner on Health, Agriculture

Nurse giving vaccine to an infant in Nicaragua (Bill & Melinda Gates Foundation)

The Bill & Melinda Gates Foundation and China’s Ministry of Science and Technology announced a partnership to support research and development and manufacturing of new products to improve global health and agriculture. Bill Gates and vice-minister Zhang Laiwu signed an agreement . . . → Read More: Gates Foundation, China to Partner on Health, Agriculture