ANN ARBOR — Pharma startup Esperion Therapeutics announced this week the appointment of Jay P. Shepard as a Class III Director, with a term expiring at the 2019 annual meeting of stockholders. “Jay’s experience supporting the launch and commercialization of biopharmaceutical products will be invaluable as we advance the bempedoic acid product franchise through the
TROY - In-Wheel Electric Motor company Protean Electric announced this week that it has completed a $40 million equity investment as the initial closing of its Series E funding round. Protean, founded in 2009 as a spinout of a bankrupt English electric motor manufacturer, has approximately 110 employees. The company has research and engineering offices in
ANN ARBOR — Kraig Biocraft Laboratories Inc. announced what it called “a major breakthrough in the construction of DNA encoding for spider silk proteins.” Kraig has developed techniques to splice spider genes into silkworms, leading the silkworms to produce silk that has some of the high strength properties of spiderweb material. The new protocols were
ANN ARBOR — Esperion Therapeutics Inc. announced positive top-line results from the third of five pivotal Phase 3 studies expected to be reported this year to evaluate the efficacy in lowering so-called bad cholesterol. The tests were done on Esperion's, lead drug candidate, bempedoic acid, at a dose of 180 milligrams, vs. placebo in high-risk patients
ANN ARBOR — Duo Security, the Ann Arbor-based provider of cybersecurity products and services, has released its third annual Duo Trusted Access Report, a look at the security state of the employees, contractors, devices and applications that make up the IT environments of Duo’s more than 10,000 customers worldwide. The 2018 report analyzes nearly 11
ANN ARBOR — The Ann Arbor customer relationship analysis firm ForeSee has introduced a new version of its ForeSee CX Suite. The company says the software helps companies turn customer feedback into concrete steps to improve customer satisfaction, and identifies which actions will provide the most help. The latest version of the ForeSee CX Suite
LANSING — The American Council of Engineering Companies of Michigan (ACEC/M) has announced Sean J. Kelley, PE, of The Mannik & Smith Group Inc. as its 2018-19 president. Kelley has been employed in the Michigan engineering consulting industry his entire 32-year career. He is a senior vice president and principal with the 300-plus-employee firm Mannik
SOUTHFIELD — Metro Detroit is once again the global center of robotics competition this weekend, as 216 teams from across the United States and 11 other countries convene this week at Lawrence Technological University’s Ridler Field House for the 2018 Robofest World Championship. LTU Provost Maria Vaz addresses competitors at Robofest 2017. Competitors hail from
ANN ARBOR — NanoBio Corp., a clinical-stage biopharmaceutical company, announced that it has changed its corporate name to BlueWillow Biologics in conjunction with the closing of a $10 million Series A financing. The company’s new name reflects its evolution to a vaccines-focused company, and commitment to advancing its novel intranasal technology to develop new vaccines
DETROIT — Wayne State University will buy the NextEnergy Center, the state of Michigan’s advanced energy industry accelerator, and transform it into a center for university-industry collaboration and research. The university announced the move as a $6.6 million investment in Detroit Urban Solutions, a technology innovation consortium. The building will be rechristened as the Wayne
