DETROIT - Asterand Bioscience Inc., the Wayne State University TechTown research company, Tuesday announced the acquisition of AdeptBio LLC, a Memphis, Tenn.-based company that procures human tissue specimens. Terms were not announced. Said Peter Ferrigno, CCO of Asterand Bioscience: "Together, we will strengthen our partnership with the pharmaceutical and diagnostic community, providing unparalleled quality samples,
DETROIT - This Sept. 14 BCP meeting will be jointly hosted by Technology Centers 1600 (Biotechnology and Organic Chemistry) and 1700 (Chemical and Materials Engineering), expanding this long-standing industry sector partnership. This meeting will be simultaneously available at locations in the USPTO Headquarters in Alexandria, VA and the Midwest Regional Office in Detroit. During this
ANN ARBOR - Arboretum Ventures LLC is raising a new fund of $215 million, according to a form filed with the U.S. Securities and Exchange Commission, what would be the largest VC fund in Michigan, Crain's Detroit reported Thursday. The previous largest was the $180 million raised in 2013 by Farmington Hills-based Beringea LLC for
HOUGHTON - Michigan Technological University has entered into a community health partnership with the Portage Health Foundation. The partnership combines both organizations' missions, existing strengths and financial resources to create a collaboration focused on improving the health of the community. Michigan Tech President Glenn Mroz announced the partnership at the University's Board of Trustees meeting
ANN ARBOR - MichBio U on July 28 will host a webinar to help its medical device makers enter key emerging markets quickly. China has most likely passed from "emerging" status into a "must enter" status as it rapidly becomes the second largest health care market in the world. However, due to familiarity with the
ANN ARBOR - The Cutting Edge, Drug Discovery and Development in Michigan Symposium Sept. 9-10 will showcase drug R&D activities at the state's research universities and discuss the development, funding, partnering, and commercialization of new therapeutic discoveries. The program is meant to bring together representatives from academia, industry, contract research organizations, funders, and others to
ANN ARBOR - The MichBio Job Bank has posted four jobs, one in Detroit and three in Bagdad, Iraq. Scientific Coordinator Asterand BioScience - Detroit, MI Asterand is a global supplier of high quality, well characterized human tissue and human tissue-based research products and solutions. From offices in Detroit, Michigan and Royston, U.K., our innovative
GRAND RAPIDS - The New Michigan State University Grand Rapids Research Center will create 728 jobs, provide $55 million annually in wages and bring $95.6 million in economic impact to Kent, Ottawa and Muskegon counties. So says an economic impact study done for Clark Construction Company and Rockford Construction by the Anderson Economic Group. "We
ANN ARBOR - June ended with a visit to The Henry Ford Innovation Institute. There I caught up with Stephen Bartol, MD, Chief Medical Officer, Innovations and Mark Coticchia, Vice President and Chief Innovation Officer. They updated me on the fantastic work going at the Institute including the creation of a fellowship program to develop
WASHINGTON DC - The U.S. House, in a rare act of bipartisanship, voted 344-77 on July 2 in favor of the 21st Century Cures Act, which supporters say will speed the development and regulatory approval of medical breakthroughs. Critics say that speed would come at the expense of patients' safety. The legislation would provide an additional
