Inspire Pharmaceuticals Inc., a publicly traded firm based in Durham, N.C., has reached an agreement to exclusively license several patents from the Wisconsin Alumni Research Foundation for use in developing new therapeutics for treating glaucoma.
Category: Business/Technology
UW reinvests in Tyson Foods
The University of Wisconsin System has reinvested in Tyson Foods International, after divesting from its bonds last year in solidarity with striking workers….On Thursday, at the regents’ annual investment forum, the university’s reinvestment in Tyson appeared to catch even some regents by surprise.
(11/5/04 Capital Times print edition)
Stem cell study at U faces competition
Quoted: Robin Alta Charo, a medical ethicist and assistant dean of the University of Wisconsin Law School.
Calif. takes stem-cell spotlight (San Jose Mercury-News)
Embryonic stem-cell research was born in Wisconsin. It matured in Massachusetts.
But it will grow up in California, nourished by the passage of Proposition 71, which authorizes $3 billion in spending over 10 years, science-policy experts predict. (Login: clipsheet@news.wisc.edu, pass: badgers)
Opportunity and promise: California to soon take the lead in stem cell research (San Diego Union Tribune)
Let the scramble for the cash begin.
By approving a proposition Tuesday that will make $3 billion in state funds available over the next decade for stem cell research, California voters made the state the likely world center for science that may one day lead to treatments for some of the world’s most devastating diseases.
Life-sciences conference to feature novel research with clinical potential (Wisc. Technology Network)
Madison, Wis. ââ?¬â? What does it mean to the biotech community to have a major research facility in your backyard? That question should be thoroughly addressed at the Wisconsin Life Sciences and Venture Conference program named ââ?¬Å?Inside the Labs: Where Science Spawns Novel Therapies.ââ?¬Â The conference will be held November 16 and 17.
State Bets on the Promise of Stem Cell Research (Los Angeles Times)
With the passage of a $3-billion stem cell bond measure, California moves into uncharted territory, becoming the first state to create a massive program to fund a single field of scientific research.
Prop 71: The New Gold Rush (Wired News)
Scientists around the country who study embryonic stem cells may be mourning four more years of President Bush’s restrictive funding policy, but California scientists are throwing a party, and top researchers in less-funded states are hoping for invitations.
Stem cell initiative aids Calif. (San Francisco Chronicle)
Passage of the $3 billion stem cell research initiative, Proposition 71, could help California repeat one of the most celebrated chapters in its business history if one of its most eminent supporters is right.
US business schools reinvent the MBA (Christian Science Monitor)
Since the master’s degree in business administration first appeared decades ago, critics have rapped the MBA as an ivory tower creation with little relevance to real life. Indeed, many MBA graduates barely set foot in a workplace before they land a six-figure salary.
Californians: Stem cells important enough to go into debt for (Wisc. Technology Network)
Californians have approved putting their state into further debt to fund stem-cell research. In election-day polling, 59 percent of California voters approved Proposition 71, which will provide $3 billion in research grants over the next decade.
Voice of the People
“Dear Editor: I’m a downtown resident who loves the isthmus, the campus, and our city as a whole, and I’m angry about what a group who likes to have fun has done to our neighborhoods and to the public image of our city,” writes just one of many whose Halloween-related letters appear in the 11/3/04 Capital Times print edition, page 13A.
Sound Off! on Halloween
Readers call in to sound off about Halloween on State St. and the merchants who “are making tons of money” from it while taxpayers foot the bill for police services. (11//04 Capital Times print edition)
New Web site helps UW grads find jobs
The Wisconsin Alumni Association is running a new Web site that will help UW-Madison graduates find jobs and enable employers to find those job seekers.
Don’t scare away revelers, merchants say: Many want Halloween tradition to remain
State Street merchant John Williamson doesn’t think Mayor Dave Cieslewicz’s threat to discourage Halloween festivities on State Street next year will work. “There is nothing like throwing the gauntlet down to college kids,” said Williamson, owner of Sports World at 510 State St.
NimbleGen gets $12 million venture fund boost
Just months after signing a deal with an industry leader, Madison-based genetic technology company NimbleGen Systems announced that it has raised another $12.75 million in venture funding.
High hopes, dashed dreams: Class of 1999 recovers from dot-com bust
…To survive the workplace now, many young people have had to start over on the bottom rung – not exactly the position many expected to be in five years after graduation. According to Alexandra Levit, a Northwestern University graduate who recently wrote the book “They Don’t Teach Corporate in College,” her age group has aspirations that are “way out of whack with reality.”
Halloween fines may total $125K
The city could take in a total of $125,000 in fines if all the 519 charges stick after two nights of Halloween trouble on State Street, police said. And, while the mayor was making noises about canceling it next year, State Street business people were looking on the brighter side of the annual Halloween bash.
Biotech firm draws investors
NimbleGen’s advantage, Palay said, is using technology developed at UW- Madison
State Street Businesses To Discuss Halloween
It’s not hard to guess what State Street merchants will be talking about at their meeting this morning…But Downtown Alderman Mike Verveer tells WIBA News they’ll likely take a less negative view things than say…the Mayor.Ã?Â
James Thomson plans to stay in Madison (Wisconsin Technology Network)
Madison, Wis. ââ?¬â? James Thomson avoided talking politics in a public lecture on the eve of the presidential election, explaining instead the science behind his research into stem cells.
California stem cell measure could steal UW scientists (wisbusiness.com)
MADISON ââ?¬â?? That giant sucking sound you hear on Wednesday might be a good chunk of the countryââ?¬â?¢s stem cell scientists ââ?¬â?? including some from Wisconsin – being drawn to California.
UW Brings Talent To Town, Reilly Says
UW-Madison plays a pivotal and unique role in the economy of Madison by attracting people who can command relatively high salaries, said Kevin Reilly, University of Wisconsin System president.
Approved Stem Cells’ Potential Questioned (Washington Post)
All of the human embryonic stem cells available to federally funded scientists under President Bush’s three-year-old research policy share a previously unrecognized trait that fosters rejection by the immune systems, diminishing their potential as medical treatments, new research indicates. (Login required.)
Mike Lucas: This rant sponsored by (place ad here)
…The regular-season finale – Formerly Known As The Big Game – will soon be formally addressed as the SBC Michigan-Ohio State Classic….For a local reference point, TDS Telecommunications is presenting the Border Battle Cup to the winner of the all-sports competition between the University of Minnesota and University of Wisconsin.
Virent gets $1.4 million ‘fuel’ for research
If we’re all driving around in hydrogen-powered cars some day, a Madison company could be primarily responsible for producing the fuel. Virent Energy Systems, a fledgling UW-Madison spin-off, has received about $1.4 million in federal grant money for further development over the next three years of its system that derives hydrogen from biomass such as corn stalks.
UW Business School gets $1 million gift
UW-Madison alumni John J. Oros and Anne Wackman Oros have given $1 million to the university’s School of Business, officials for the school said Wednesday. The gift from John Oros, president and chief operating officer of Enstar Group, and his wife will help establish a fund to bring executives from major companies to address students.
For State St. merchants, it’s not all bad
The possibility of a repeat of last year’s Halloween riot has many State Street businesses spooked, but this holiday some owners are hoping for as many treats as tricks.
UW Athletics Finds Dept. Without Funding
(Madison) The UW Athletic Department finds itself without a substantial sum of money.
Over the next two year, $900,000 the Department was counting on receiving from bond payments for Camp Randall, is being allocated elsewhere.
Stem cell future at risk. State could lose out to California
California voters on Nov. 2 will decide whether to authorize a powerful burst of state funding for stem cell research there. Proposition 71 on the ballot would provide about $3 billion in tax-free state bonds for stem cell research in that state over a 10-year period.
Education funding key to high-tech jobs (wisbusiness.com)
In order to attract the high-tech jobs that are fueling the new economy, Wisconsin needs to protect its vaunted education system and do a better job branding itself, according to a group of academic and business panelists who spoke Wednesday night at the Kohl Center on the UW-Madison campus. .
Halloween scares up bucks for cities both big and small
Halloween is increasingly a treat for cities that can turn local attractions and celebrations into revenue….Yet, some cities find Halloween has more tricks than treat. For example, Madison, Wis…. (USA Today)
Stem-cell support from Schwarzenegger could shake Wisconsin leadership (Wisconsin Technology Network)
Wisconsin�s head start in stem-cell research could be challenged by the intervention of California Governor Arnold Schwarzenegger.
UW and business leaders outline need for educated workers (Wisconsin Technology Network)
Madison, Wis. ââ?¬â? ââ?¬Å?Brain drainââ?¬Â in Wisconsin, educationââ?¬â?¢s effect on the state economy and fewer graduates qualified for jobs in the technology industry were a few of the many topics covered yesterday in a public discussion with the Education Access Panel.
Virent receives $2 million boost for hydrogen energy research (Wisconsin Technology Network)
Madison, Wis. ââ?¬â? Virent, a University of Wisconsin-Madison spinoff working on hydrogen energy sources, has received a $2 million grant from the Department of Energy for continued research.
Stem Cell Debate Focuses on Morality and Money (Los Angeles Times)
Quoted: James Thomson, a professor of anatomy at the University of Wisconsin at Madison, the first to extract human embryonic stem cells. (Login required.)
WiSys� new manager plans system-wide research awareness (Wisconsin Technology Network)
Madison, Wis. ââ?¬â? The Wisconsin Alumni Research Foundation has appointed Maliyakal John to serve as general director for the WiSys Technology Foundation, which licenses University of Wisconsin System technologies.
Virent gets grant to work on hydrogen-powered autos
Put your car on a high-carb diet. That’s almost literally what technology developed by Virent Energy Systems, 3591 Anderson St., would do. With oil prices above $50 a barrel, a U.S. Department of Energy official Thursday announced a $1.94 million federal research grant for Virent and several partners to produce hydrogen that could power vehicles from water and sugar that could be produced from corn.
Venture may help bring hydrogen to gas stations
Virent Energy Systems of Madison on Thursday received a federal grant of nearly $2 million to continue pursuing research aimed at making cars run on hydrogen instead of gasoline. The company was created to bring to market technology patented by University of Wisconsin-Madison researchers.
Hilldale’s new ‘lifestyle’
The new owners of the Hilldale mall are optimistic they can negotiate the tangle of city approvals to transform the property into a “lifestyle center” but are tight-lipped about how much they will invest in the project.
Wisconsin’s business tax climate ranks among bottom 10 in U.S.
Quoted: Andrew Reschovsky, UW-Madison professor of applied economics and public affairs.
Wisconsin investors seek regional partners and informed legislature (Wisconsin Technology Network)
Madison, Wis. ââ?¬â? Regional cooperation is the way to attract venture capital to Wisconsin, according to the Coalition for Capital Growth and Research, which held its first conference on Friday at UW-Madisonââ?¬â?¢s Grainger Hall.
State sows biotech potential
Wisconsin is one of the 20 states best-positioned to expand its biopharmaceutical industry, but it’s not among those that will add the most jobs in that sector, according to a report being released today.
U’s bioscience incubator moving closer to reality (Minneapolis Star Tribune)
After a year and a half of planning and fundraising, the University of Minnesota is moving forward with its plan to open a bioscience research incubator in St. Paul’s Midway area.
Cancer treatment advances as trials show no harm to mice )Wisconsin Technology Network)
Quintessence Biosciences, Inc., has been tested on lab mice with no apparent harm, company Vice President Laura Strong said at a recent conference. Information supporting this conclusion was presented on October 7 at BioContact Quebec 2004.
Doyle�s Japan trip opens doors and minds for Wisconsin (Wisconsin Technology Network)
The greatest benefit that came up in the talks was the discussion of the relationship between the UW system and the state�s research efforts.
Summit Ends With Focus On Unity
When sitting down at a table with co-workers, how often do we ask why someone is not there? This was Ella Bell’s question when she spoke on the final day of the three-day Women’s Executive Leadership Summit at UW-Madison.
Investment board makes wise move in supporting venture capital efforts
Mentions UW-Madison and College of Engineering efforts to emphasize interaction with business.
Economists: Raise $5.15 wage
A number of economists from the University of Wisconsin-Madison are among 562 economics experts who signed a statement calling for a modest increase in the U.S. minimum wage.
Glass ceiling really exists, women told
As one of several speakers at the second annual Women’s Executive Leadership Summit at the Fluno Center on the UW- Madison campus, Nancy Chen provided statistical and historical information on the state of working women in America.
Glass ceiling really exists, women told
by James Edward Mills
Nancy Chen began her remarks to more than 140 female executives Thursday with information that was news to no one. “I am here to confirm what we have been talking about all day,” she said. “There is a glass ceiling and we need to take steps to get beyond it.”
Chen is the regional administrator of the Women’s Bureau, an agency designated by Congress to address the needs of working women through the U.S. Department of Labor. As one of several speakers at the second annual Women’s Executive Leadership Summit at the Fluno Center on the UW- Madison campus, Chen provided statistical and historical information on the state of working women in America. The people at the conference represented companies and institutions from across the state.
Art’s not all about money
At the first-ever Wisconsin Arts Congress next Tuesday at the Overture Center, built in part to revitalize downtown Madison, you can be sure of one thing: Art will be measured by money. (Andrew Taylor, director of UW-Madison’s Bolz Center for Arts Administration, is quoted.)
UW biz aid center gets federal grant
The UW-Extension’s Small Business Development Center has been awarded a $95,000 federal grant to strengthen the technological competitiveness of small businesses.
Carol Bartz to get entrepreneurship award
Carol Bartz, a 1971 UW-Madison computer science graduate and CEO of Autodesk, will be inducted into the Entrepreneur Hall of Fame next Tuesday. She will receive this annual award from the UW-Madison Weinert Center for Entrepreneurship.
Balance key part of women’s leadership summit
Women in top-level corporate positions around the country will be converging on UW-Madison for the second annual Women’s Executive Leadership Summit.
Tom Still: Academic R&D helps bring federal bucks back to Wisconsin
In one important category, however, Wisconsin brings home its share of the bacon. When it comes to merit-based competition for academic research and development dollars, Wisconsin moves much closer to the head of the class.
Local biotech ConjuGon raises another $1.1 million
Madison-based ConjuGon has raised another $1.1 million from angel investors to fund research and development of its technology that can aid companies in developing new drugs to fight antibiotic-resistant bacteria, which annually are responsible for hundreds of thousands of deaths worldwide.
Mayor seeks to hire a tavern coordinator
Mayor Dave Cieslewicz wants to hire a tavern coordinator to work with bar owners to help reduce campus area drinking problems. Funding for an “alcohol policy coordinator” is included in Cieslewicz’s 2005 executive operating budget, the mayor announced Monday.
Economic report raises red flags on Wisconsin’s future (Wisconsin Technology Network)
Madison, Wis. ââ?¬â? Wisconsin could lose its carefully established position as a nexus for research and development in the Midwest if more money is not channeled into academic and other research institutions, according to a new report.
Tech status of state is under siege
Together, the two professors of chemistry and biochemistry have brought in about $2.5 million per year worth of federal grants to the UW, and they provide jobs for about 50 people.