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By Alan, on May 24th, 2011% (National Renewable Energy Laboratory)
The Timken Company in Canton, Ohio revealed plans for a new research and development center for wind turbine mechanisms used to generate electricity. The $11.8 million facility, built in collaboration with nearby Stark State College, is expected to add 65 new jobs.
The R&D center will focus on wind . . . → Read More: Timken, College to Build Wind Energy R&D Center
By Alan, on February 18th, 2011% (Photos8.com)
Here are recent angel and venture finance transactions for science- and engineering-based companies, as reported by Xconomy and elsewhere.
Biomedical/Life Sciences
Rosetta Genomics Ltd. in Philadelphia, Pennsylvania. MicroRNA-based molecular diagnostics. $6.0 million, equity.
Versartis in Mountain View, California. Protein drugs for endocrine disorders. $21 million in Series B equity financing.
Ivivi Health . . . → Read More: Finance Friday: 18 February 2011
By Alan, on February 11th, 2011% (Photos8.com)
Here are recent financial transactions for science- and engineering-based companies reported by Xconomy.
Biomedical/Life Sciences
AcelRx Pharmaceuticals in Redwood City, California. Pain medications. $40 million IPO: 8 million shares @ $5.00.
Optimer Pharmaceuticals in San Diego, California. Antibiotics. $67.5 million stock offering: 6 million shares @ $11.25.
Fluidigm in South San Francisco, . . . → Read More: Finance Friday: 11 February 2011
By Alan, on January 28th, 2011% (Photos8.com)
Here are recent angel and venture finance transactions for science- and engineering-based companies reported by Xconomy.
Biomedical/Life Sciences
Meritage Pharma in San Diego, California. Specialty drug discovery and development. $2 million, equity.
XDx in Brisbane, California. Molecular diagnostics. $12.5 million, debt (from GE Capital)
Stromedix in Cambridge, Massachusetts. Specialty drug discovery and . . . → Read More: Finance Friday: 28 January 2011
By Alan, on January 21st, 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
By Alan, on September 2nd, 2010% The Office of the Comptroller of the Currency (OCC), an agency of the U.S. Department of the Treasury, reports today that its annual survey of banks’ credit underwriting standards — guidelines for issuing loans — found that commercial credit standards remained tight for the 12-month period ending on 31 March 2010. Credit standards for small . . . → Read More: Treasury Dept: Commercial Credit Standards Tightening
By Alan, on July 14th, 2010% Pacific Biosciences in Menlo Park, California, a developer of molecular biology technology, announced completion of a new round of financing worth $109 million. This round includes a previously announced $50 million investment by Gen-Probe Inc., a maker of molecular diagnostic products and services. Hugh Martin, Pacific Biosciences’s chairman and CEO says the funding will be . . . → Read More: Financing Deals: 14 July 2010
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Welcome to Science & Enterprise Science and Enterprise is an online news service begun in 2010, created for researchers and business people interested in taking scientific knowledge to the marketplace.
On the site’s posts published six days a week, you find research discoveries destined to become new products and services, as well as news about finance, intellectual property, regulations, and employment.
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