Purdue startup lands $30M in funding to commercialize cancer imaging agent 

A West Lafayette-based startup founded by Indiana life sciences icon Dr. Philip Low has closed on a $30 million Series C funding round. On Target Laboratories Inc. plans to use the funding to accelerate commercialization of Cytalux, a molecular imaging agent used to illuminate cancer cells during surgery. Cytalux received approval from the U.S. Food […]

US agency launches experiments to find innovative ways to fund research

The US National Science Foundation (NSF) has announced plans to explore creative ways of funding research, emphasizing the need to make decisions more quickly and to support more proposals that are innovative. The agency has partnered with the Institute for Progress (IFP), a think tank based in Washington DC, which will conduct a series of economic and […]