Deerfield commits $100M to establish translational research alliance with Harvard
Harvard University and Deerfield Management, a health care investment firm, have established a major strategic R&D alliance to speed the development and translation of biomedical and life-science innovations into transformative treatments that can improve life, health, and medical care. Through a newly launched company called Lab1636, Deerfield has committed $100 million in initial funding to […]
Osage University Partners raises $273 mln for third fund
Osage University Partners (“OUP”), a Philadelphia area-based venture capital firm, today announced the closing of Osage University Partners III, L.P. (“OUP III”) at $273 million, exceeding its target of $250 million. OUP III marks the firm’s third fund dedicated to investments exclusively in startups that are commercializing university research, bringing OUP’s total assets under management […]
Universities shift to biotech, med-tech startup mode
Food allergy professor Cathryn Nagler has become a celebrity of sorts. The University of Chicago’s Polsky Center for Entrepreneurship & Innovation gets emails almost every week from people—oftentimes parents of children with food allergies—looking for an introduction and asking if they can support her work. Nagler’s startup, ClostraBio, develops therapies that prevent or treat allergic […]
Co-creative university-industry innovation must be core mission of universities
European universities need to embrace change by continuing to forge alliances with innovative companies and independent research groups to use and develop their knowledge in cooperation with the outside world, experts agreed at the 8 March launch of the European University Association’s new report The Role of Universities in Regional Innovation Ecosystems. This analysed in-depth case […]