News
Innovation is for Finishers: Many researchers are hoping startups will help get their ideas to the marketplace— and universities are trying to help.
1/31/2017Pacemakers, insulin, Breathalyzer tests, computers and MRI machines are university developments. All of these technologies were so obviously important that they were adopted long before universities began making an effort to get laboratory inventions out the door. But many more sat on the shelves. One of these was a plan...
Lycera Announces Initiation of Phase 1/2a Study ARGON of Immuno-Oncology Candidate LYC-55716 in Patients with Advanced Solid Tumors
1/4/2017Lycera Corp., a privately held biopharmaceutical company developing breakthrough immune modulatory medicines, announced today the initiation of a Phase 1/2a clinical trial of the Company’s novel immuno-oncology therapeutic candidate LYC-55716, in patients with advanced, relapsed, or refractory solid tumors. “We continue to make rapid and significant progress in the development...
SDIC Fund Leads $72M Series B Round In Ascentage Pharma
12/30/2016A fund under China’s SDIC Fund Management Co. has led a RMB500 million (US$72 million) series B funding round in Ascentage Pharma, a Jiangsu province-based biopharmaceutical company dedicated to the discovery of targeted small-molecule cancer therapeutics. A number of new investors, all of which are RMB funds, and existing investors...
Michigan program allows people to resolve legal issues online
12/30/2016If you’ve ever gotten a traffic ticket, you know it’s a hassle if you decide to fight it. Getting to court, waiting for your case to be called and presenting your side can take hours. You may even need to miss a day of work. But if you live in...
Japanese firm to buy U-M startup Rubicon Genomics for $75 million
12/22/2016From Crain’s: Ann Arbor-based Rubicon Genomics Inc., a maker of kits and reagents to increase the accuracy and speed of genomic analysis for gene-based research, drug development and diagnostics, announced Friday that it has agreed to be sold to Mountain View, Calif.-based Takara Bio USA Holdings Inc. in a $75...
Neurable nets $2 million to build brain-controlled software for AR and VR
12/22/2016From TechCrunch: As consumers get their first taste of voice-controlled home robots and motion-based virtual realities, a quiet swath of technologists are thinking big picture about what comes after that. The answer has major implications for the way we’ll interact with our devices in the near future. Spoiler alert: We...
Vesper announces $15 million in funding
12/15/2016Power consumption is a major constraining factor for the use of microphones. The power draw required to continually monitor environmental conditions for microphone applications poses real problems. Thanks to the U-M startup Vesper, however, all of that may be changing. The Boston-based company has developed a VM1010 piezoelectric MEMS microphone...
Brio Device
12/14/2016Brio Device designs, develops and commercializes medical devices to assist in the medical procedure called intubation – the insertion of airway breathing tubes. Brio’s devices break the link between the level of experience required and the success of lifesaving airway management procedures. The company’s lead product, the INT Navigator™, addresses...
Mike Psarouthakis to lead Venture Center
12/14/2016After a national search, Mike Psarouthakis has been selected as the new director of the U-M Innovation Partnerships Venture Center. The Venture Center is responsible for helping to identify, develop and launch new startups based on U-M technologies, and works alongside licensing, legal and marketing specialists within U-M Innovation Partnerships....
New to the Accelerator: Elegus
12/14/2016From cars to phones to everything in between, batteries are an essential design component. U-M startup Elegus Technologies is working on making them safer and more efficient with an innovation derived from research at the University of Michigan. “Our technology has a lot of potential,” said Elegus CEO John Hennessy....
Genomenon Completes $1.8 million Extended Seed Round
12/14/2016Genomenon Inc., a DNA interpretation software company launched from the University of Michigan in FY 2015, recently announced the completion of its extended seed financing of $1.8 million. The financing will fuel the completion and launch of Genomenon’s initial product, Mastermind, a novel analytic and visualization tool for DNA variant...
MEDC Support for T3N Accelerates University Opportunities
12/14/2016The Technology Transfer Talent Network (T3N) was created in 2012 to enhance the commercialization of university opportunities with talent programs and resources, made possible thanks to funding support from the Michigan Economic Development Corporation (MEDC), the statewide economic development organization for Michigan, matched by each participating university. T3N was conceived...