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MedElute Gets $250,000 Match Funding From Michigan Pre-Seed Capital Fund

KALAMAZOO ? Kalamazoo life sciences startup MedElute has been awarded $250,000 from the Michigan Pre-Seed Capital Fund. The funding came through was the Kalamazoo SmartZone. To earn Pre-Seed awards, companies are required to obtain matching funds from other investors. MedElute received funding from individual angel investors totaling $250,000. The names were not disclosed. This matched

By |2007-08-02T00:00:00-04:00August 2nd, 2007|Archive, Life Sciences/Biotech|

BioArbor Hosts Legal, Patent Briefing For Early Stage Life Sciences Startups

ANN ARBOR - BioArbor, the new educational networking forum for the life sciences industry in the greater Ann Arbor area, will host its second program on August 15 called Strategic Corporate Legal and Patent Issues for Early Stage Life Science Companies. Presenting will be Stephen M. Davis, Co-Chair of the Firmwide Corporate/VLG Practice Group and

By |2007-08-02T00:00:00-04:00August 2nd, 2007|Archive, Life Sciences/Biotech|

Metastorm Buys Proforma For Undisclosed Sum

SOUTHFIELD ? Metastorm has acquired Proforma Corporation, which provides modeling software to make business process management run smoother. Proforma?s US operations are based in Southfield. Exact financial terms of the deal were not disclosed, but Metastorm CTO Greg Carter was reported saying Proforma was on track to earn about $20 million in sales for 2007,

By |2007-08-02T00:00:00-04:00August 2nd, 2007|Archive, Events/Announcements|

MDOT Director Says Michigan Bridges Safe

LANSING - Though Minnesota and federal investigators are still trying to determine why a highway bridge in Minneapolis collapsed Wednesday, Michigan Department of Transportation Director Kirk Steudle said such a catastrophic collapse in Michigan is unlikely. There are bridges in the state in need of repair, but none still in service have reached the point

By |2007-08-02T00:00:00-04:00August 2nd, 2007|Archive, Events/Announcements|

Wayne State Announces $2.4 Million Research Enhancement Program

DETROIT - Wayne State University has awarded nearly $2.4 million in investments in four programs, including seed grants for interdisciplinary research in Computational Biology ? part of WSU?s efforts to develop an institutional Clinical and Translational Science Award proposal for the National Institutes of Health. The program, now in its fifth year, was divided into

By |2007-08-02T00:00:00-04:00August 2nd, 2007|Archive, Events/Announcements|