Biomedical Catalyst Award Goes To BioMoti, Pharmidex and Queen Mary University of London

BioMoti, Pharmidex and Queen Mary University of London (QMUL) have been awarded a grant of £662,222 by the UK’s innovation agency, Innovate UK. The grant was awarded under the Biomedical Catalyst funding competition to support preclinical studies of new therapeutic approaches for hard-to-treat tumours including advanced ovarian, triple negative breast and pancreatic cancers. The project […]

FastForward U aims to support student entrepreneurs  at John Hopkins U

This semester, FastForward U (FFU) will begin offering entrepreneurial advising to students looking to start a company or business venture. FFU is an initiative from Johns Hopkins Technology Ventures (JHTV), an office that facilitates licensing and patents for Hopkins researchers and supports technology startups. FastForward is a program launched at the Whiting School of Engineering […]

CMU spinout Petuum gets nearly $100M in venture funding

Carnegie Mellon University artificial intelligence spin-off company Petuum Inc. has raised $93 million in a new round of venture funding led by Japanese telecommunications and internet giant SoftBank Group, Petuum co-founder Eric Xing said. Mr. Xing is a computer science professor on sabbatical from CMU, where he directed the Center for Machine Learning and Health. […]

UConn Spinout Wins CT Bioscience Innovation Fund Investment Award For Retinal Implant

LambdaVision, the UConn spinout, today announced that it was awarded $500,000 in Series A Equity from Connecticut Innovations, the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, through the Connecticut Bioscience Innovation Fund (CBIF). Led by Co-Founder and CEO, Nicole Wagner, PhD, LambdaVision is developing a retinal implant to cure vision […]

Proposed $10 million VC fund would target health care startups

HOLLAND — Partners in a firm that invests in medical device innovations are considering forming a new $10 million venture capital fund to back early-stage health care startups, MiBiz has learned. Organizers behind Cultivate(MD) are laying the groundwork and gauging interest for a private placement with about 30 existing investors now involved in Genesis Innovation Group LLC. They also could extend […]

Houston Methodist Hospital receives $101M gift for translational research

Houston Methodist Hospital has received its largest philanthropic gift in its nearly 100-year history. Paula and Rusty Walter and their Houston-based company, Walter Oil & Gas Corp., have donated $101 million to the hospital, according to a press release. Houston Methodist will also raise $66 million in matching funds. “The Walters are treasured members of […]

Five Simon Fraser University-led research projects share $21.7 million from CFI’s Innovation Fund 

Five SFU research projects—from creating a new centre for wearable biomedical technologies to studies in immersive remote sensing communication— will benefit from $21.7 million in new infrastructure funding from the Canada Foundation for Innovation (CFI). The federal contribution is expected to more than double over the next five years from partner contributions. The Innovation Fund supports transformative infrastructure projects that […]