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3 UK Universities,GSK, Astra, J&J link on $82M Research Fund

By | January 28th, 2016|Uncategorized|

GlaxoSmithKline, AstraZeneca and Johnson & Johnson have joined with three leading British universities to create a new STG40 million pound ($A81.75 million) fund backing early drug research.The Apollo Therapeutics Fund, which aims to improve the speed and potential of university research being translated into new medicines, is a further example of a trend by Big […]

Illinois to invest $220 million in venture capital funds 

By | January 28th, 2016|Uncategorized|

The state of Illinois is getting back in the venture-capital business for the first time in several years.

Treasurer Michael Frerichs says he’ll start investing more than $220 million of state treasury money with venture funds across the state.

The Legislature first authorized the state to invest up to 1 percent of its funds […]

U Texas Austin dips into crowdfunding to raise research money 

By | January 28th, 2016|Crowdfunding|

Neuroscientist Jon Pierce-Shimomura, an associate professor at the University of Texas at Austin, needed some special mice for a research project on alcohol addiction but the costs weren’t in his budget. Universities have relied on crowdfunding for replacement cheerleading uniforms, travel expenses for ballroom dance competitions and research equipment not covered by federal grants.

The solicitations, […]

King Saud University plans fund to back research in scientific fields

By | January 28th, 2016|Uncategorized|

King Saud University (KSU) will launch a fund to support and promote scientific research in various universities across the Kingdom.Dr. Ahmed bin Salim Al-Ameri, vice rector of the KSU Graduate Studies and Scientific Research (GSSR), recently announced this during an award ceremony at the Saudi Dental Society (SDS).The function was held on the sidelines of […]

Moodoo Receives £20,000 Initial Funding From University of Oxford’s Saïd Business School Seed Fund

By | January 28th, 2016|Uncategorized|

Moodoo, a get-together app, has raised an initial round of funding of £20,000 from The University of Oxford’s Saïd Business School Seed Fund. The fund, which invests in early-stage, alumni-founded companies, selected Moodoo as one of only three successful applicants for seed funding. Moodoo is officially slated to launch in India in the month of […]

Leeds scientists receive £100,000 grant to fund research into blood clots

By | January 28th, 2016|Uncategorized|

Scientists at Leeds University have been awarded more than £100,000 by the British Heart Foundation to fund research into how to prevent life-threatening blood clots from forming.Each year in the Yorkshire and Humber region around 10,000 people die after suffering from a heart attack or stroke, often caused by a blood clot forming in the […]

Ferring Pharmaceuticals to Fund Research Center at Swedish Institute

By | January 28th, 2016|Uncategorized|

Swiss drugs company Ferring Pharmaceuticals will fully fund the creation of a joint research center with the Karolinska Institutet of Sweden, to conduct human microbiome studies with an eye on new therapies. The research unit will be partly situated in the Science for Life Laboratory in Solna, a biotechnology center co-hosted by four major Swedish […]

UChicago Healthcare, Agtech Startups Funded Through Innovation Fund

By | January 19th, 2016|Illinois|

The University of Chicago Innovation Fund announced two healthcare startups and one agriculture IT startup will receive $550,000 total in the most recent round of funding.Navipoint Genomics LLC will receive $175,000, Praedictus Climate Solutions will receive $125,000, and RiMO Therapeutics will receive $250,000, the Fund announced Thursday.These startups were chosen from five that presented to […]

Partners expands life sciences innovation fund to $100M

By | January 19th, 2016|New Fund Announcement, Uncategorized|

Partners HealthCare is expanding its Innovation Fund from $35 million to $100 million, the Massachusetts health system announced today at the J.P. Morgan Healthcare Conference.The fund, which was launched as an experiment in 2007 with funding from Brigham & Women’s Hospital and Massachusetts General Hospital, provides startup capital to early stage life sciences companies. To date, it has […]

University of Bristol funding the future: new investment fund to help drive innovation

By | January 19th, 2016|UK/England|

A whole host of exciting and innovative spinout companies have emerged from the University over the past year alone, successfully turning research into real-life applications.

To build on its growing reputation for creating high-tech companies, the University has today [15 January] launched the University of Bristol Enterprise Fund, designed to support spinouts while at the […]