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Biopharm Lands $25M Venture Funding for Phase 3 Trial

Argos Therapeutics Inc., a biopharmaceutical company in Durham, North Carolina, says it secured $25 million in series D venture financing, the fourth funding installment after initial start-up. The funds are expected to support a planned clinical trial of Argos Therapeutics’ immunotherapy for metastatic renal cell carcinoma, a form of kidney cancer.

The financing was led . . . → Read More: Biopharm Lands $25M Venture Funding for Phase 3 Trial

New York University to Build Urban Sciences Center

Artist's rendering of the proposed Brooklyn CUSP site (New York University)

A Center for Urban Science and Progress (CUSP) is planned for downtown Brooklyn, New York to conduct research on issues and technology related to the needs of the world’s cities. The new campus, which will include an incubator for spin-off businesses, is . . . → Read More: New York University to Build Urban Sciences Center

Automated Device Developed for Limb Lengthening Adjustments

LinDi development team, from left: Stephanie Herkes with the device, Alvin Chou, Mario Gonzalez, Raquel Kahn, and Elaine Wong. (Jeff Fitlow/Rice University)

Student engineers at Rice University in Houston have developed a system that automatically adjusts distraction osteogenesis devices used to correct bone deformities that leave children with one limb shorter than the . . . → Read More: Automated Device Developed for Limb Lengthening Adjustments

Immune System Signatures Proposed for Disease Diagnostics

National Institutes of Health

Researchers at Arizona State University in Tempe have developed a technique for harnessing the body’s immune system to give early indicators of disease. Student Brian Chase, postdoctoral fellow Barten Legutki, and faculty member Stephen Johnston at Arizona State’s Biodesign Institute published their findings in last month’s issue of the . . . → Read More: Immune System Signatures Proposed for Disease Diagnostics

Microemulsion Shows Promise for Extending Vaccine Shelf Life

Maj. Jean Muderhwa (Courtesy, Jean Muderhwa)

A U.S. Army medical researcher has devised a new process for mixing vaccine ingredients with the potential for extending the shelf life of vaccines. Maj. Jean Muderhwa (pictured left) , a deputy laboratory director at the Brooke Army Medical Center in San Antonio, presented his findings yesterday . . . → Read More: Microemulsion Shows Promise for Extending Vaccine Shelf Life

AstraZeneca to Acquire Biotech for $1.26 Billion

(Photos8.com)

The global pharmaceutical maker AstraZeneca says it will acquire Ardea Biosciences Inc., a biotechnology company in San Diego developing small molecule therapies. The deal is valued at $1.26 billion, with AstraZeneca paying $32.00 a share, a 54 percent premium over Ardea’s closing price on Friday 20 April.

Ardea’s most advanced drug candidate . . . → Read More: AstraZeneca to Acquire Biotech for $1.26 Billion

Computer Model to Predict Hip Fracture Risk

Samy Missoum, left, and Zhao Chen will lead the University of Arizona team developing a hip fracture computer model. (University of Arizona)

Researchers at University of Arizona in Tucson are developing a computer model to predict which people are most at risk of a hip fracture. The study, led by engineering professor Samy . . . → Read More: Computer Model to Predict Hip Fracture Risk

Computer Science Spinoff Develops Energy Footprint Gauge

Kirk Cameron (Virginia Tech)

A company started by a computer science professor at Virginia Polytechnic Institute in Blacksburg offers organizations a free software tool to measure their total energy use. MiserWare, also in Blacksburg, was founded by Kirk Cameron (pictured right), a computer science faculty member at Virginia Tech, which offers a free . . . → Read More: Computer Science Spinoff Develops Energy Footprint Gauge

Nanoscale Film Coating Strengthens Joint Implants

Hydroxyapatite nanoparticles (Hammond Lab/MIT)

Chemical engineers at Massachusetts Institute of Technology have developed an ultra-thin film that can strengthen the bond of knee or hip implants and promote bone growth. The findings are described in a recent issue of the journal Advanced Materials (paid subscription required).

Knee and hip replacements are becoming more . . . → Read More: Nanoscale Film Coating Strengthens Joint Implants

U.S. Venture Deals, Dollars Decline in Q1 2012

(A. Kotok)

Companies in the U.S. raised less money in fewer venture capital deals during the first three months of 2012 compared to the same period last year, according to data compiled by Dow Jones VentureSource. Some science-based sectors fared better than others during this period, while venture capital (VC) investors generally showed . . . → Read More: U.S. Venture Deals, Dollars Decline in Q1 2012