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Category: Business/Technology

Step up investment in stem-cell work

Wisconsin State Journal

Stem cell research, for all practical purposes, was invented in Wisconsin. But as a national competition for high-tech businesses heats up, the state risks blowing its head start. If that happens, we’ll forfeit thousands of high- wage jobs and hundreds of millions of dollars to more farsighted state

Small biz owners love Madison: survey

Capital Times

Madison entrepreneurs surveyed believe the University of Wisconsin (69 percent), Madison’s lifestyle (60 percent), population growth (60 percent) and geographic location (48 percent) are the keys to their small business success.

Investors buy 80% of Luther’s Blues

Capital Times

Three out of state investors have acquired 80 percent of Luther’s Blues, with Steve Murphy retaining 20 percent ownership, and John Prigge taking over as general manager. Icon Entertainment president Rich Peterson said in a release that Luther’s would “gear more toward the student crowd, as well as bringing bigger and better names in the industry.”

Local Company Takes Shot At Cancer

Wisconsin State Journal

Ten years from now, if you are diagnosed with a cancerous tumor, a shot in the arm might cure you.
“It may involve two shots, but probably not more than that,” said Jamey Weichert, a UW Medical School radiology professor whose startup company, Cellectar, is developing technology that may hold that promise.

UW System faculty, staff salaries much less than peers’

Daily Cardinal

The widening gap between the salaries of UW System employees and those of their peers is causing concern among UW System administrators.

The problem is such that UW Regent President Toby Marcovich recently called for a comparison study of salary information for faculty, academic staff and academic leadership between UW employees and employees of comparable Midwest universities, according to George Brooks, UW System associate vice president for human resources.

Expert: No recession on horizon

Capital Times

With consumers far from tapped out and business spending picking up, the sputtering U.S. economy should keep growing through 2005 and perhaps beyond. That was the reassuring message attendees at UW-Madison’s semi-annual Economic Outlook heard Friday.

UW stem cell guru outlines scientific and political future (Wisconsin Technology Network)

Wisconsin Technology Network

MADISON, Wis. ââ?¬â? University of Wisconsin anatomy professor James Thomson attempted to ââ?¬Å?separate hype from realityââ?¬Â on Friday in the controversial field of stem cell research, which in some cases uses tissue from human embryos. The pioneer in stem cell research spoke to about 200 at the UW Memorial Union as part of the Plato discussion series for retired people.

Help local merchants stay on State Street

Daily Cardinal

Wisconsin is by and large a suburban state. Most in-state students come from towns characterized by cul-de-sacs, malls and McDonald’s. Virtually the only way to tell if you are in Appleton, Green Bay, or Eau Claire is by looking at what high school is supported by the stickers on the area residents’ bumpers. Madison, being a college town, has thankfully been bereft of such local insubstantialities

State’s economic picture grim for blacks

Milwaukee Journal Sentinel

A biennial analysis of data on Wisconsin’s economy offers a grim view of growing disparities between white and black residents. “The State of Working Wisconsin,” released Sunday by the Center on Wisconsin Strategy at the University of Wisconsin-Madison, presents a “decidedly mixed” picture of Wisconsin’s economy.

Electric co-ops pick UW for training

Wisconsin State Journal

Leaders of small electric companies from around the nation will be coming to Madison for training, providing what could be an infusion of millions of dollars to UW-Madison and the local economy and taking home ideas that could boost their own communities.

Health care costs vs. business health

Capital Times

Local business leaders, including some who questioned the need for universal health care coverage less than a decade ago, say they need help from the federal government to cope with skyrocketing health care costs. (Chancellor John Wiley is quoted in this story.)

How to keep drunks off road? Limo rides

In three small Wisconsin towns where barhopping is a primary pastime, they’re fighting drunken driving in an innovative way.

“People know they aren’t supposed to drink and drive, but they do it anyway,” said Michael Rothschild, a retired University of Wisconsin-Madison business professor whose idea was to use social marketing to give drinkers “a better product.”

Platypus: Nanotech Startup Rakes in Federal Money (wisbusiness.com)

www.wisbusiness.com

MADISON – With a name like Platypus, itââ?¬â?¢s clear that the founders of this nanotechnology start-up possess a quirky sense of humor, to say nothing of the confidence that what they have to offer is sound enough to overcome the off-beat name.

QUoted: CEO Barbara Israel, a University of Wisconsin virologist who earned her PhD in medical microbiology.

Candidate decries Pabst Farms tech park

Milwaukee Journal Sentinel

Developers have proposed a business technology park that would draw participation from the University of Wisconsin’s Madison and Milwaukee campuses and from Marquette University at 1,500-acre Pabst Farms mixed-use development in western Waukesha County. But Carpenter argues the park should be in Milwaukee.

Are MBA programs losing business?

Wisconsin State Journal

Quoted: Sandra Kelzenberg, assistant dean for the master’s program at UW-Madison’s School of Business, said applications for the school’s MBA program are down substantially, she said a shift this fall in the program means the school will not be affected negatively.

Leveraging investment for South Madison (Madison Times)

For the past five years, private and public actors have been putting some of the pieces together in the puzzle that is South Madison economic revitalization. Since at least the early 1980s, various city administrations have tried to put the right configuration together to spur private investment. A lot of groundwork has been laid in place.

Quoted: LaMarr Billups, special assistant to the UW Chancellor and advisor to Mayor Dave Cieslewicz,

Five seed-stage funding groups filling Midwest Life Science void

Wisconsin Technology Network

CHICAGO ââ?¬â?? Anyone who has traveled to London and taken the ââ?¬Å?tubeââ?¬Â (the subway for New Yorkers or the ââ?¬Å?Lââ?¬Â for Chicagoans) is constantly besieged by tape loops of ââ?¬Å?mind the gap,ââ?¬Â which is a warning for the dark hole or space between the subway car and the concrete waiting area as one gets on or off the tube.

High-tech companies value the allure of the arts

Wisconsin State Journal

When Mark Bugher, director of University Research Park, sat down recently to woo a still unnamed biotech company, the former state Department of Revenue head didn’t talk taxes. Bugher said members of the Charlottesville, Va., firm, which specializes in manipulating biological cells, were more interested in hearing about local cultural offerings like the soon-to-open Overture Center.

UW sets online biotech database

Capital Times

Scientists at UW-Madison are teaming up with information technology company SRA International Inc. to build an online, publicly accessible library of data on disease-causing infectious agents and their genomes, including ones that could be used as biological weapons.

NIH to Establish Central Repository of Embryonic Stem Cells and Centers to Study Them

Chronicle of Higher Education

The National Institutes of Health will create a central bank to help more scientists obtain human embryonic stem cells for medical research, the Health and Human Services Department announced on Wednesday. The NIH also plans to finance three research centers, at $18-million apiece, to speed the development of new medical therapies from stem cells. (Subscription required.)

Madison biotech lands $900,000 in small business grants

Milwaukee Business Journal

GenTel BioSurfaces Inc., Madison, said Wednesday that in 2004, it has been awarded five Small Business Innovation Research grants totaling more than $900,000 by the National Institutes of Health and the National Science Foundation. GenTel BioSurfaces is a privately held University of Wisconsin spin-off company.

Biochip maker gains $900,000 in fed grants (The Capital Times)

Capital Times

GenTel BioSurfaces Inc. of Madison announced that it has received five Small Business Innovation Research (SBIR) grants totaling more than $900,000 by the National Institutes of Health and the National Science Foundation….The UW-Madison spin-off company specializes in the development, manufacture and distribution of biochips for life sciences, pharmaceutical and diagnostics research.

Health group to disclose prices

Milwaukee Journal Sentinel

By fall, the Wisconsin Collaborative for Healthcare Quality is to provide cost information on the normal delivery of a baby in the collaborative’s 16 participating hospitals and the cost of a typical visit to a doctor’s office.