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Research Spin Off Company to Tackle Superbug Infections

Scanning electron micrograph image of MRSA bacteria (Janice Haney Carr, Centers for Disease Control and Prevention)

Fixed Phage Limited in Glascow, Scotland has been launched to commercialize a technology for tackling bacterial infection and contamination, including superbugs such as MRSA. That technology was developed at the University of Strathclyde Institute of Pharmacy and . . . → Read More: Research Spin Off Company to Tackle Superbug Infections

Device Maker, Heart Institute Fund Cardiac Device Study

(Yale School of Medicine/Wikimedia Commons)

The National Heart, Lung and Blood Institute (NHLBI) and HeartWare, a developer of left ventricular assist devices in Framingham, Massachusetts, have awarded $13.3 million to two universities explore the potential of heart devices for people with heart failure. NHLBI is part of the U.S. National Institutes of Health.

. . . → Read More: Device Maker, Heart Institute Fund Cardiac Device Study

Cleantech, Electronics Venture Funding Jump in 2010

Venture capital investments recorded a solid increase in 2010 over 2009, the first annual jump since 2007. Industries based on science and engineering were among the gainers, particularly clean technology and electronics. The statistics were contained in the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters.

. . . → Read More: Cleantech, Electronics Venture Funding Jump in 2010

Finance Friday: 21 January 2011

(Photos8.com)

Here are recent angel and venture finance transactions for science- and engineering-based companies reported by CB Insights …

Biomedical/Life sciences

Fluidigm in South San Francisco, California. Medical devices and equipment. $5 million, debt Cognition Therapeutics in Pittsburgh, Pennsylvania. Discovery and development of small molecule therapeutics. $2.5 million, series A equity Adhezion Biomedica . . . → Read More: Finance Friday: 21 January 2011

Study: Energy Dept Lab Generates $271 Million for State

(Investor.gov)

An economic study estimates that the Thomas Jefferson National Accelerator Facility, a U.S. Department of Energy nuclear physics research laboratory in Newport News, Virginia, generates more than $271 million in economic output and 2,200 jobs in Virginia. The study for Jefferson Science Associates LLC, the contract operators of the lab, was conducted . . . → Read More: Study: Energy Dept Lab Generates $271 Million for State

Formula Devised to Better Place Wind Farm Turbines

(National Renewable Energy Lab)

Engineers in the U.S. and Belgium have developed a formula to help wind farm planners arrange the most effective placement of wind energy turbines. Charles Meneveau of Johns Hopkins University in Baltimore, Maryland and Johan Meyers at Katholieke Universiteit Leuven in Belgium presented their findings at a recent meeting . . . → Read More: Formula Devised to Better Place Wind Farm Turbines

FDA Plans Update of Medical Device Review Process

(Tomomarusan/Wikimedia Commons)

The U.S. Food and Drug Administration (FDA) has released a plan with 25 actions it intends to implement in 2011, which it says will improve the path to market for many medical devices. The new procedures affect the “510(k) process,” named for the section of FDA’s enabling legislation that applies to . . . → Read More: FDA Plans Update of Medical Device Review Process

Engineers Develop Improved Computer Memory Device

Researchers from North Carolina State University in Raleigh have developed a new device that its inventors say can make large banks of computers more energy efficient, and allow computers to start more quickly. The advance, developed by a faculty-student team from NC State’s engineering school, will be published in an upcoming issue of the IEEE . . . → Read More: Engineers Develop Improved Computer Memory Device

Math Model Analyzes Moving Bottlenecks in Traffic

A trio of researchers in Italy has developed a mathematical model for a common cause of traffic jams, the slow-moving vehicle, such as a farm tractor or heavy truck, on a crowded highway. The team of Corrado Lattanzio and Amelio Maurizi from University of L’Aquila, with Benedetto Piccoli of Italy’s Institute in Applied Mathematics, published . . . → Read More: Math Model Analyzes Moving Bottlenecks in Traffic

Stem Cells Shown to Help Treat Spinal Cord Injuries

(NIH)

A study by researchers from Case Western Reserve University School of Medicine in Cleveland, Ohio and Athersys Inc., a drug discovery company also in Cleveland, found adult stem cells can help treat spinal cord injuries in rodents. The study tested Athersys’s MultiStem product made of adult (non-embryonic) stem cells obtained from bone . . . → Read More: Stem Cells Shown to Help Treat Spinal Cord Injuries