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Category: Business/Technology

Billions at Stake in University Patent Fights

Bloomberg

A powerful and inexpensive technique for rewriting snippets of DNA — known as CRISPR-Cas9 — has two research institutions locked in a bitter patent battle. On one side is UC Berkeley, where faculty first reported using the gene-editing technology in 2012, on the other, Broad Institute of MIT and Harvard, where faculty won a special expedited patent for the technique in 2014.

HealthMyne’s Mark Gehring to receive ‘Seize the Day’ award

Milwaukee Journal Sentinel

Noted: He also co-founded Sharendipity, a programming environment for non-programmers that failed in the recession in 2009; UltraVisual Medical Systems, a radiology imaging system maker that merged with another start-up and had a $400 million public offering in 2005; and Geometrics, which commercialized radiation treatment planning software Gehring developed at UW-Madison and is now owned by Philips.

Groups raise concerns about new overtime rules

Milwaukee Journal Sentinel

Noted: At the level of state government alone, the nonpartisan Wisconsin Legislative Fiscal Bureau found that nearly 2,000 employees would be affected by the changes, increasing costs for state taxpayers by as much as $13.7 million per year. That estimate didn’t include potential costs for local governments or schools, the UW System, the Legislature or the state courts system.

In a letter to U.S. Sen. Tammy Baldwin, UW System President Ray Cross said the rules would affect more than 5,000 UW employees in jobs such as student life, development, administration and academic affairs.

Taking a ‘snapshot’ of Wisconsin wildlife

Wisconsin Radio Network

Wisconsin is home to numerous species of wild animals, although getting a handle on just how many can often prove quite difficult. A joint effort between University of Wisconsin-Madison researchers and the state Department of Natural Resources could take some of the guesswork out of that process, with members of the public also lending a hand.

Madison company invents compound to make lithium ion batteries safer

Channel3000.com

Noted: Silatronix was founded by two UW-Madison chemistry professors, Robert Hamers and Robert West, after a hallway conversation in which the “two Bobs” sought to literally change the world.

“The safety issues are very real,” Hamers said recently in an interview in the company’s laboratory on the city’s east side, near the Madison College campus. “Our goal is to make lithium ion batteries perform better and be safer, and the way we did that is by inventing a new liquid called an electrolyte. It’s one of the three major components of the lithium ion battery.”

Insulete raises $300,000 of equity funding

Milwaukee Journal Sentinel

Noted: Insulete was founded and is headed by Hans Solinger, a well-known transplant surgeon and University of Wisconsin-Madison researcher who has helped bring pharmaceutical drugs to market. Sollinger and Tausif Alam, Insulete’s chief financial officer, discovered and patented a DNA sequence that is glucose responsive and promotes the activation of the human insulin gene.

Walker to lead business development mission to Mexico in June

Milwaukee Journal Sentinel

Noted: Walker also is set to participate in the 2016 CIGAL Dairy Trade Show, which focuses on the dairy production sector and draws exhibitors from throughout Mexico and the United States, the governor’s office said. The Dairy Trade Show will be held in Guadalajara June 15-17, and Walker will be joined by a delegation that includes Wisconsin businesses, University of Wisconsin-Madison, UW-River Falls and DATCP.

Bomb-sniffing drone technology developed at UW could become nightmare for terrorists

Wisconsin State Journal

The proven detection technology that also can detect chemical and nuclear weapons and drugs was successfully miniaturized and designed to fly on small unmanned aircraft by Fusion Technology Lab graduate students about five months ago, according to Jerry Kulcinski, an emeritus professor of nuclear engineering and the lab’s director.

If you’re a distracted media multitasker, take a few deep breaths to get your focus back

South China Morning Post

Do you text while watching TV, or listen to music while reading? Media multitasking is known to distract people not only when they are doing it, but when they aren’t consuming media – which is detrimental to performance at school or work, for maintaining relationships and for general well-being. A new study by the University of Wisconsin-Madison in the United States shows that a short meditation exercise involving counting one’s breath – inhaling and exhaling nine times – can sharpen one’s focus, and especially so for heavy media multitaskers.

Facebook, Twitter Engagement Done Best at Baylor and UW-Madison

Campus Technology

Want to know how to do Twitter or Facebook right at your institution? You might want to study the practices used by the University of Wisconsin-Madison for the first and Baylor University for the second. Those two institutions have been deemed the “top users” of the those social media sites by Engagement Labs, which develops technology for measuring online social engagement.

Incentives offered to charge up sales of electric vehicles

Milwaukee Journal Sentinel

Noted: Other workplace charging challenge partners in Wisconsin include University of Wisconsin campuses in Madison, Whitewater and Oshkosh, ABB Inc. in Wauwatosa, Evolution Marketing in Oconomowoc, Wisconsin Public Service Corp. of Green Bay, Xcel Energy Inc. of Minnesota (the parent company of Northern States Power), GE Healthcare and Organic Valley Cooperative in Lafarge.

Tech and Biotech: gBETA startups to graduate; finalists chosen for Biz Plan contest; UW2020 projects picked

Wisconsin State Journal

Three items related to UW-Madison — Three UW-Madison spinoffs, using technology patented by the Wisconsin Alumni Research Foundation (WARF), participated in gener8tor’s gBETA spring class. Another was formed by a team of UW-Madison MBA students … One of the gBETA startups, Linectra, is already a contender in a prestigious statewide competition, the Wisconsin Governor’s Business Plan Contest … Fourteen UW-Madison research projects will each get about $300,000 over the next two years as part of the UW2020: WARF Discovery Initiative.

Five gBETA companies to make their debut

Milwaukee Journal Sentinel

Noted: The gBETA program provides free coaching and connections to selected start-ups with ties to any Wisconsin college or university. It is run by gener8tor, which operates start-up accelerators in Madison and Milwaukee, and is supported by the Wisconsin Alumni Research Foundation and American Family Insurance

Controversial debt buyers get a break under new Wisconsin law

Wisconsin Public Radio (via Channel3000.com)

Noted: University of Wisconsin-Madison finance professor Jim Johannes, who testified in favor of the bill, said it standardizes courts’ interpretation of what is required in order to sue.

“It puts a fork in what you need as evidence when you approach the courts in the pleading stage of a case,” he said. “It provides clarity for the courts. Previously, before this the courts could interpret it any way they wanted to.”

Two days and three winners from Transcend Madison

Milwaukee Journal Sentinel

The Steven Burrill Business Plan Competition had an iconic aura on the University of Wisconsin campus. Some of Madison’s most prominent millennial entrepreneurs competed in the contest: Jon Hardin, Matt Howard, Chris Meyer, Nathan Lustig, Troy Vosseller, and Forrest Woolworth. From 2007 to 2013, Burrill Business Plan entrepreneurs raised at least 117M and create at least 290 jobs.

Nine common shopping myths, busted

Christian Science Monitor

Noted: Let’s get philosophical for a minute: Is the best price always the best deal? A recent study from the University of Wisconsin-Madison’s Wisconsin School of Business suggests that shoppers consider a retailer’s reputation as well as its prices. Savvy shoppers will think twice before buying from a less reputable merchant.

Time Capsule: A Photo History of Business Education

Biz Ed

Noted: In 1974, the consortium included Indiana University, the University of North Carolina, the University of Rochester, the University of Southern California, the University of Wisconsin, and Washington University in St. Louis. That year, those six schools graduated 63 black MBA students—more than had graduated from all U.S. business schools combined eight years earlier. This year marks the 50th anniversary of the consortium, which now includes 18 universities that have graduated more than 8,000 MBA students from minority populations.

EatStreet founder to speak at first-ever Technori Milwaukee

Milwaukee Journal Sentinel

Noted: EatStreet, which supplies restaurants with software for handling online orders, is one of the state’s fastest-growing start-ups. Howard and his partners started EatStreet in 2010 when they were students at the Unveristy of Wisconsin-Madison. EatStreet raised $15 million of outside funding in late 2015, saying it planned to add 30 employees to its staff of 110 people.

The Soap Opera has new owners but remains true to its brand

Wisconsin State Journal

Noted: Sean, 32, and Stacey, 29, are both UW-Madison graduates. They met in 2011 and married in 2014, and have taken over a business with a dedicated customer base and a strong stable of employees, one of which has been with the company since 1979. They had been contemplating buying a business for years but when Sean, who works as a broker connecting business owners with potential buyers, began talking with Bauer about the future of the business, the talks ultimately led to the Scannells making an offer.

Monona’s SHINE medical co. approved for Janesville expansion

Channel3000.com

Noted: The founder of the company, Gregory Piefer, studied at UW-Madison. The company performed a national search for places to locate their new facility, but Pitas said keeping the local company in Wisconsin brings the company full circle.

“The idea that work that goes on at the university should help people throughout the state. So, this is a great example of technology coming out of the university and helping people in Janesville with great-paying jobs,” she said.

Also quoted: Richard Steeves, professor emeritus of human oncology.

Plugged in

Isthmus

Quoted: “Medical education and nursing education is really grappling with: ‘How do we train the health professionals of the future to care for the patient and not for the electronic health records?’” says Katharyn May, a professor and the dean of the UW School of Nursing.

Insurance student hopes to help at-risk farmers cope with climate change

Automotive News

Noted: The University of Wisconsin School of Business student has collaborated with Askar Choudhury, James Jones and Raquiba Choudhury of Illinois State University, using an innovative statistical approach to analyze data by finding a trigger point that would initiate payment for crop loss through a simplified, index-based insurance policy. The approach is designed to be less costly than traditional agricultural insurance policies.