King Saud University plans fund to back research in scientific fields

King Saud University (KSU) will launch a fund to support and promote scientific research in various universities across the Kingdom.Dr. Ahmed bin Salim Al-Ameri, vice rector of the KSU Graduate Studies and Scientific Research (GSSR), recently announced this during an award ceremony at the Saudi Dental Society (SDS).The function was held on the sidelines of […]

U Texas Austin dips into crowdfunding to raise research money 

Neuroscientist Jon Pierce-Shimomura, an associate professor at the University of Texas at Austin, needed some special mice for a research project on alcohol addiction but the costs weren’t in his budget. Universities have relied on crowdfunding for replacement cheerleading uniforms, travel expenses for ballroom dance competitions and research equipment not covered by federal grants. The […]

Illinois to invest $220 million in venture capital funds 

The state of Illinois is getting back in the venture-capital business for the first time in several years. Treasurer Michael Frerichs says he’ll start investing more than $220 million of state treasury money with venture funds across the state. The Legislature first authorized the state to invest up to 1 percent of its funds in […]

3 UK Universities,GSK, Astra, J&J link on $82M Research Fund

GlaxoSmithKline, AstraZeneca and Johnson & Johnson have joined with three leading British universities to create a new STG40 million pound ($A81.75 million) fund backing early drug research.The Apollo Therapeutics Fund, which aims to improve the speed and potential of university research being translated into new medicines, is a further example of a trend by Big […]

Leeds scientists receive £100,000 grant to fund research into blood clots

Scientists at Leeds University have been awarded more than £100,000 by the British Heart Foundation to fund research into how to prevent life-threatening blood clots from forming.Each year in the Yorkshire and Humber region around 10,000 people die after suffering from a heart attack or stroke, often caused by a blood clot forming in the […]

Ferring Pharmaceuticals to Fund Research Center at Swedish Institute

Swiss drugs company Ferring Pharmaceuticals will fully fund the creation of a joint research center with the Karolinska Institutet of Sweden, to conduct human microbiome studies with an eye on new therapies. The research unit will be partly situated in the Science for Life Laboratory in Solna, a biotechnology center co-hosted by four major Swedish […]