LANSING - The Michigan Biosciences Day at the Capitol on May 19 is aimed at advancing Michigan's biosciences industry through legislative outreach efforts in Lansing. But before the event, there will be a Legislative Briefing & Effective Advocacy Teleconference on May 18. In this teleconference, participants will learn how to: Help promote the Michigan Bio-Industry
AUBURN HILLS - Oakland University INCubator has been awarded $42,500 by the Michigan Economic Development Corporation to provide product development support to Safety in Motion, a developer of an “on the field” concussion testing medical device. Safety in Motion, based in Novi, was formed in 2013 to use leading-edge automotive safety technologies and engineering skills
ALLEGAN - When news that Perrigo Co.’s then-chief executive officer, Joseph Papa, would be leaving to helm troubled Valeant Pharmaceuticals International Inc. first emerged, it stood to reason that Papa would be rewarded handsomely for the move. But it’s now become clear just how handsomely: about $64.7 million this year, according to Bloomberg, with the
ANN ARBOR - The University of Michigan has launched the $3 Million Monroe-Brown Seed Fund, a new funding vehicle designed to advance the process of transitioning commercially viable engineering and medical research projects to market. The fund, approved this week by the U-M Board of Regents, is a collaboration between the U-M College of Engineering's
KALAMAZOO - Stryker Corp. has completed its acquisition of defibrillator maker Physio-Control International Inc. and two other major deals. The $1.28 billion cash deal was announced in mid-February and completed Tuesday. Physio-Control makes monitors/defibrillators, automated external defibrillators and CPR-assist devices. The Redmond. Wash.-based emergency medical response company also provides data management and support services. It
LANSING - Michigan's changes in 2012 to the rules governing reimbursement for physician-dispensed prescriptions for workers' compensation claims have so far not seen major increases in new strengths or new formulations of certain pain-relieving medications, but the trend is growing across numerous other states, including neighboring Illinois, a study has found. The Workers Compensation Research
ANN ARBOR - Online Tech is pleased to announced that it has been selected as the cloud provider of choice for Advomas, a leader in the healthcare insurance industry. For 30 years, Advomas, a Michigan-based healthcare eligibility company, has helped providers secure health insurance coverage for uninsured patients. In 2015, Advomas was looking for a partner with extensive knowledge of HITECH & HIPAA security standards. After
ANN ARBOR - RetroSense Therapeutics, a privately-held biopharmaceutical company, announced Monday the first patient has been successfully dosed in the first clinical trial to evaluate the safety of of a drug to restore some vision for people suffering from Retinitis Pigmentosa, which can result in vision loss and blindness. “Successfully dosing our first patient with
ANN ARBOR - A bill (H.R. 4565) has been introduced by U.S. Rep. Rosa DeLauro (CT, D-3) that would place a three-year moratorium on direct-to-consumer (DTC) drug advertising of newly approved prescription drugs. The bill would prohibit ads published in magazines and newspapers, and those broadcast through television or radio. It also provides an exception
PORT SHELDON - A biotech startup will use $1 million in capital to pay for preclinical trials on an innovation it has developed for use in orthopedic surgeries. Magnesium Development Co. LLC, operating out of a small office in Ottawa County’s Port Sheldon Township, uses an alloy material licensed from a Livonia company, Nano Mag LLC,
