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Piramal Healthcare Buys Bayer Molecular Imaging Portfolio

Patient enters a PET scanner (National Institute of Mental Health)

Piramal Healthcare, a pharmaceutical and drug discovery company in Mumbai, India, says it has acquired rights to the molecular imaging research and development portfolio of Bayer Pharma AG in Leverkusen, Germany. The company has formed a new subsidiary, Piramal Imaging SA, to manage these . . . → Read More: Piramal Healthcare Buys Bayer Molecular Imaging Portfolio

$600M Venture Fund Targets Technology, Health Care Sectors

(SecretService.gov)

Canaan Partners, a venture capital company in Menlo Park, California says it has closed contributions to a new fund to finance start-ups in the technology and health care fields. The company says the $600 million fund, the ninth such fund in its series, will support new technology and health care entrepreneurs.

Canaan Partners . . . → Read More: $600M Venture Fund Targets Technology, Health Care Sectors

Gates Foundation, Grand Challenges Canada Fund TB Diagnostic

Electronic Nose (Grand Challenges Canada)

A device called an Electronic Nose that can detect tuberculosis in the breath of a patient, has received a $950,000 grant from Grand Challenges Canada and the Bill & Melinda Gates Foundation. The funding will support further development and testing of the technology, developed by the International Centre for . . . → Read More: Gates Foundation, Grand Challenges Canada Fund TB Diagnostic

Low-Cost Tablet Gets Hands-On Tests in Indian Schools

I-slate table (Jeff Fitlow/Rice University)

Researchers have tested in India an electronic tablet device designed in the U.S. and Singapore for widespread use in Indian schools. The I-slate is being developed at the Institute for Sustainable and Applied Infodynamics (ISAID), a joint program of Rice University in Houston, Texas and Nanyang Technological University (NTU) . . . → Read More: Low-Cost Tablet Gets Hands-On Tests in Indian Schools

Ad Hoc Network Devised for Emergency Communications

(Marvin Nauman/FEMA)

Georgia Institute of Technology researchers have developed a mobile ad hoc system called LifeNet designed to help first responders communicate after disasters. Santosh Vempala, professor of computer science at Georgia Tech and grad student Hrushikesh Mehendale will demonstrate the system at the ACM SIGCOMM conference today in Toronto, Canada.

LifeNet is a . . . → Read More: Ad Hoc Network Devised for Emergency Communications

Study Highlights Crop Regions At Risk from Climate Change

(Oxfam America)

A study by the Consultative Group on International Agricultural Research (CGIAR) identifies food production regions in the world most at risk from disruption due to climate change. Some of these populations, in Africa and South Asia for example, are already facing food shortages, while other food-producing regions including China and Latin America . . . → Read More: Study Highlights Crop Regions At Risk from Climate Change

Nanotech Patch Repairs Damaged Heart Tissue in Lab Tests

Heart tissue patch (Frank Mullin/Brown University)

Engineers at Brown University in Providence, Rhode Island and India Institute of Technology (IIT) in Kanpur created a patch made from carbon nanofibers and a polymer material that restores damaged cardiac tissue similar to the damage resulting from a heart attack. The team reported their results online earlier . . . → Read More: Nanotech Patch Repairs Damaged Heart Tissue in Lab Tests

Sanofi, Glenmark Sign Autoimmune Antibody License Deal

Lymphocyte (National Cancer Institute)

The French pharmaceutical company Sanofi and Glenmark Pharmaceuticals Ltd. in Mumbai, India have signed an agreement for development and commercialization of GBR500, a monoclonal antibody to treat chronic autoimmune disorders. The deal is expected to close next month following required regulatory steps.

GBR500, developed by Glenmark, targets receptors that affect . . . → Read More: Sanofi, Glenmark Sign Autoimmune Antibody License Deal

One Nation, Under Geeks

(Hodder & Stoughton)

Review: Geek Nation by Angela Saini. Hodder & Stoughton (3 Mar 2011).

Science writer Angela Saini describes the rise of science and engineering in India in her new book Geek Nation. But if you’re looking for a triumphant Indian . . . → Read More: One Nation, Under Geeks

Global Venture Capital Volume Up in Q1, Deal Number Down

(U.S. Mint)

The volume of venture deals for companies in the U.S., Europe, Canada, Israel, China, and India jumped 20 percent to $9.8 billion in the first quarter of 2011 compared to the same quarter in 2010. However, the number of deals worldwide declined 7 percent in the first quarter, to 967.

The data . . . → Read More: Global Venture Capital Volume Up in Q1, Deal Number Down