ANN ARBOR ? Aastrom Biosciences last week said it sold $25.5 million in common stock to a select group of institutional investors. The proceeds will be ussed to fund clinical trials, manufacturing development, and provide working capital, the company said in a statement filed with the U.S. Securities and Exchange Commission. The offering was for
GRAND RAPIDS ? The Van Andel Institute, a MichBio member, on Monday named Steven Triezenberg, Ph.D. as the founding dean of the Van Andel Education Institute Graduate School. Triezenberg, who currently serves as associate director of Michigan State University's cell and molecular biology graduate program, will help develop VAEI's doctoral program in cellular and molecular
YPSILANTI - Ed Pagani, president of MichBio, urged Michigan?s elected officials to use the 21st Century Jobs Fund wisely to invest in companies that could continue to build the Life Sciences Corridor. His full remarks follow: Good evening, and welcome to the MichBio Annual Meeting. We have a very full program tonight, and in the
YPSILANTI - More than 150 people jammed into a crowded hall at the Eagle Crest Conference Center last week to attend the 2006 MichBio Annual Meeting, making it the best attended annual meeting in the Michigan life sciences trade association's history. But one MichBio officer who spoke warned unless Michigan uses its scarce dollars wisely,
YPSILANTI ? Michael Witt, Executive Director of MichBio, the state?s Life Sciences trade association, delivered his fourth report March 8 at MichBio Annual Meeting at the Eagle Crest Conference Center. The transcript of his remarks follows: Mr. Chairman, I am pleased to present my Report to our members. As your Exec Director, I am now
DETROIT ? Randal Charlton, founder of human tissue-bank company Asterand, wants Detroit to become known as the World Bank for biological materials. If he succeeds, Charlton argues, Michigan will not only attract biotech companies from outside the state, but also help launch new home grown ones as well. Asterand sells biotech researchers human tissues, biofluids,
ANN ARBOR - MichBio, the life sciences trade association of Michigan, will host Kenneth Matzick, president and CEO of the Beaumont Hospitals, as the keynote speaker for its 2006 annual meeting, March 8 at the Eagle Crest Conference Center in Ypsilanti. Kenneth Matzick became Beaumont?s CEO in April 2005, after having served as the organization?s
ANN ARBOR - QuatRx Pharmaceuticals Company in February filed an initial public offering with the Securities and Exchange Commission to go public, an exit that state and life sciences industry officials hope will become more the norm, rather than the exception, in Michigan. Neither the number of shares or the price range have been announced,
ANN ARBOR ? Biopharmaceutical start up NanoBio on Monday announced it has appointed David Peralta, former chief financial officer at Arbortext, to vice president and chief financial officer at NanoBio. While at Arbortext, Peralta played a key role in transforming the company to a fast-growing software business, which ultimately led to Arbortext being acquired in
LANSING - MichBio, the state's life sciences trade association, will be hosting a legislative reception and CEO Roundtable Feb. 16 at the Michigan Capitol Building. The event is open to MichBio members only. But those members who do attend will get the chance to meet with State Senators and Representatives to weigh in on the