The presence of Epic Systems, Verona’s health IT giant, and the University of Wisconsin-Madison are standout assets to the Madison entrepreneurial community, panelists said.
Quoted: New technologies such as “sharing economy” companies such as Airbnb and Uber tend to create windows of opportunity for new business models during which the old regulatory regime no longer fits and new regulations will be needed, said Hart Posen, a professor of business at the University of Wisconsin in Madison.
There are sounds reasons to believe Exact Sciences’ non-invasive test for colon cancer will one day be a widely-recommended preventive procedure. But there is no doubt the announcement last month that a federal health task force gave the test an initial designation of “alternative test,” just as company officials were wrapping up plans for an ambitious expansion at Judge Doyle Square was about the worst timing possible. Very simply the implications for the company’s financial performance, short term as they might be, made the move downtown too risky. It’s too bad, but company CEO Kevin Conroy’s decision to grow the company at its current UW Research Park location is the right thing to do.
Quoted: “We need to evolve as well and create an environment where companies can interact easily and where they can spill over into these third spaces and have casual encounters and lunch meetings and coffee meetings,” Research Park Managing Director Aaron Olver said.
Research Park has already brought in food carts to the heart of its campus on a daily basis, but Olver said they hope to bring in restaurants and coffee shops to help facilitate a more collaborative atmosphere, which is an idea Exact Sciences is on board with.
gBETA, a free, six-week accelerator for early-stage companies affiliated with colleges and universities in Wisconsin, now has a second powerful backer.
Local startup accelerator gener8tor has a powerful new partner for its program fueling businesses launched by Wisconsin college students. The Wisconsin Alumni Research Foundation announced Monday it has signed on as a sponsor for the initiative. Also noted: Nationally syndicated Chicago Tribune columnist Clarence Page will be the keynote speaker at the UW-Madison Diversity Forum this week.
Exact Sciences Corp. is stepping away from plans to build a new headquarters in downtown Madison and is in discussions with the University of Wisconsin-Madison to develop a biotech campus in University Research Park on the city’s west side instead.
Biotech company Exact Sciences will no longer develop a downtown Madison headquarters, company officials revealed Monday.
The Wisconsin Alumni Research Foundation, the patenting and licensing arm for the state’s flagship university, will announce Tuesday that it is partnering with gener8tor to produce more start-ups out of the University of Wisconsin-Madison.
The Wisconsin Alumni Research Foundation, the patenting and licensing arm for the state’s flagship university, will announce Tuesday that it is partnering with gener8tor to produce more start-ups out of the University of Wisconsin-Madison.
Noted: A prime example is the ongoing 90th anniversary celebration of the Wisconsin Alumni Research Foundation. Founded in 1925 as an independent patent and licensing office for the University of Wisconsin, WARF began with the campus discovery that ultraviolet radiation can produce vitamin D in food. That led to vitamin D milk and the virtual end to rickets, a disease that once scourged millions of children. Today, WARF is the oldest academic tech transfer organization of its kind in the United States and has returned more than $1 billion over time to the UW-Madison campus.
Noted: Hoping to nab young talent even earlier, Baird is also working with the University of Wisconsin-Madison’s business school on the curriculum for a capstone wealth management course to launch this fall. Their goal is to sign up 20 to 30 students.
Noted: About 30 years ago, Jones was involved in a study at the University of Wisconsin-Madison with a device that processed images and used vibrating pins on a fingertip to translate that image to a person who can’t see. The machine wasn’t mobile, but it was the start of what would become the BrainPort v100.
Five years ago, the experience of a Haitian student in one of Tom Eggert’s business classes triggered a chain of events. That chain has led to hundreds of Haitians and Filipinos starting and sustaining small businesses, all supported by University of Wisconsin-Madison students and Midwestern donors.
Eight-year-old Dario Alvarado-Steele huddled with his mother, Alisha, looking at a laptop screen.
Is the University of Wisconsin-Madison a patent troll?
Number one enemy of public education. Defunder of the University of Wisconsin. Foe of the Wisconsin Idea.
Those are just of few of the epithets fans offered for David and Charles Koch in emails protesting Koch Industries’ sponsorship of Badger football this fall.
Noted: Managing director Dan Reed says AFV is also heavily involved in the local entrepreneurial community. AFV is a sponsor of gener8tor, the new StartingBlock initiative, the Wisconsin Technology Council, the Weinert Center for Entrepreneurship and the University of Wisconsin–Madison. In fact, American Family Insurance just pledged $40 million to the university over the next ten years. “We aspire to be a leader in providing ‘proactive protection’ to customers and communities, seeking and supporting innovations that inspire and help them,” says Reed.
We all know cell phones and tablets aren’t going anywhere—so the creators of Games + Learning + Society in the Wisconsin Institutes for Discovery have embraced this and used it to their advantage.
Nick Smith is enologist for the UW-Madison College of Agriculture and Life Sciences, an expert on fermented beverages who leads the university’s efforts to support Wisconsin producers of wine and cider.
The Wisconsin Badgers’ Oct. 31 football game against Rutgers at Camp Randall Stadium will be sponsored by Koch Industries, the energy company run by billionaire political players David and Charles Koch. The game sponsorship is part of UW’s multi-year contract with a collegiate sports marketing company worth more than $111 million in guaranteed payments alone.
(Video) The head of the Wisconsin Alumni Research Foundation visits News 3 This Morning to explain what the organization does and a successful WARF lawsuit against Apple.
At the University of Wisconsin’s Arlington Farm Research Station, they’re using modern technology to track herd health. In the past, that took a lot of time and paperwork. “We had lots of paper records and we wanted to turn that into something more functional,” says Prof. Nigel Cook, of the UW School of Veterinary Medicine.
With the help of the “DoIT” center on campus, the UW-Madison School of Veterinary Medicine developed a series of digital teaching tools, which continue to play a role in preparing the next generation of food animal veterinarians. “We now have an app with pictures, with a scoring system, with just a touch screen system to be able to screen for a lot of cows very quickly,” says Cook.
UW-Madison Campus and Visitor Relations recently partnered with Abodo, a startup that helps students navigate off-campus housing options.
Noted: Redox is one of several digital health companies that are emerging in Madison. With Epic Systems Corp., which has more than half the market share in the electronic health records market, and a strong computer science department at the University of Wisconsin-Madison, the Dane County area is becoming known as a center for this industry segment.
Quoted: A couple of factors probably have led to the growth, said UW-Madison business professor James Johannes.”One is a generally stronger economy, and with that, there are more deposits to be had,” said Johannes, director of the Puelicher Center for Banking Education.
The prevailing wisdom states that when universities try to cash in on their research — be it chip design or gene splicing — they come out on the losing end.
A jury has awarded the Wisconsin Alumni Research Foundation more than $234 million in a patent infringement lawsuit against computer maker Apple Inc.
Noted: The patent dispute involved chip technology that was co-invented by University of Wisconsin-Madison computer sciences professor Gurindar Sohi, who was in the courtroom for the decision. U.S. District Judge William Conley told Sohi he hoped he felt his work was vindicated.
Apple is being required to pay the Wisconsin Alumni Research Foundation $234.2 million for illegally using microchip technology developed by the university in both iPhones and iPads, according to a WARF release.
The jury deliberated for almost four hours Friday before determining that Apple’s A7, A8 and A8X processors violated UW’s patent, officials said.
The federal trial, in which the WARF was asking for $400 million in damages, began Oct. 5 in Madison.
A jury has awarded $234 million to a University of Wisconsin-Madison foundation responsible for patent licensing in an infringement lawsuit against Apple, the Milwaukee Journal-Sentinel reports.
A federal court jury in Madison has awarded $234 million in damages to the Wisconsin Alumni Research Foundation in its patent infringement lawsuit against Apple Inc.
Apple fights patent cases fairly often – and doesn’t always win – so Friday’s loss is not a totally new phenomenon. What makes the case unusual was the party that sued: a computer science professor and three graduate students from the University of Wisconsin-Madison.
A U.S. jury on Friday ordered Apple to pay the University of Wisconsin-Madison’s patent licensing arm more than $234 million in damages for incorporating its microchip technology into some of the company’s iPhones and iPads without permission.
WARF, which oversees and protects patents on University of Wisconsin inventions, sued the tech giant in February 2014, claiming Apple used a piece of microprocessing technology invented at the UW-Madison without paying for rights. On Tuesday, a jury in the U.S. District Court for the Western District of Wisconsin ruled that Apple did violate WARF’s patent.
Noted: The start-ups will tour Google’s headquarters and attend an invitation-only dinner to interact with potential investors and business partners. They also will make pitches to a dozen global investment firms and meet their representatives at a reception sponsored by the Wisconsin Economic Development Corp. and the Badger Entrepreneurship Forum, an organization of University of Wisconsin-Madison alumni who live in Silicon Valley.
As a veteran of the global smart phone wars, Apple is used to courtroom battles with fierce competitors such as Samsung and Nokia.
A federal jury found Apple guilty this week of illegally using a patent owned by the Wisconsin Alumni Research Foundation. The jury is set to decide the settlement amount Friday.
Quoted: “The demographics would very much point you to the idea that there should have been this huge outflow of business owners,” says Daniel Olszewski, director of the Weinert Center for Entrepreneurship at the University of Wisconsin School of Business. “But it hasn’t really happened.”
Lawyers for the Wisconsin Alumni Research Foundation wrapped up their case for damages on Wednesday against computer maker Apple, a day after a jury found that Apple had infringed on a technology patent that WARF manages.
A federal court jury’s decision against Apple Inc. in a patent infringement case this week has the potential to award nearly $400 million in damages to the Wisconsin Alumni Research Foundation — but a Madison lawyer said Wednesday that Apple is likely to appeal.
A federal jury ruled Apple Inc. infringed on a University of Wisconsin patent when developing processors for some recent iPhones and iPads, the latest in a string of disputes over the technology undergirding smartphones.
Apple’s potential damages in a patent fight with the University of Wisconsin’s licensing body could reach $400 million as a trial on the amount Apple owes for infringing a processor patent got under way on Wednesday, two people familiar with the case said.
You may have heard that Apple’s on the hook for $862 million in potential penalties after a jury ruled that it infringed on a patent owned by the University of Wisconsin–Madison.
A federal jury has found Apple Inc. infringed on a technology patent held by the foundation that protects the University of Wisconsin’s intellectual property.
The company could face up to $862 million in damages over the patent by the University of Wisconsin-Madison that improves processor efficiency.
Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday found the iPhone maker used technology owned by the University of Wisconsin-Madison’s licensing arm without permission in chips found in many of its most popular devices.
Apple infringed six patent claims, says a U.S. jury. The technology invented by the University of Wisconsin-Madison improved the performance and power-efficiency of CPUs.
A federal jury has found Apple Inc. infringed on a technology patent held by the foundation that protects the University of Wisconsin’s intellectual property.
A federal court jury in Madison on Tuesday found Apple Inc. guilty of infringing on a patent held by the foundation that protects the University of Wisconsin-Madison’s intellectual rights when the company rolled out its 2013 and 2014 iPhone and iPad lineups.
Apple could have to pay up to $862m (£562m) in damages after a jury ruled that chip technology used in the iPhone 6 and 6 Plus violates a university’s patent.
This could be big for UW-Madison. It’s exactly the sort of transformative discovery you would expect from a great research university. Like Harry Steenbock fortifying the vitamin D content of milk. Like James Thomson unlocking the mystery and promise of stem cells. In this case, two UW researchers have pioneered a breakthrough that could end of the flood of human antibiotics into animal feed.
As she watched the surgeon operating on a farmer who had suffered third-degree burns across 95% of his body, researcher Lynn Allen-Hoffmann realized instantly she had a new mission: making human skin.
More than 500 students packed an auditorium at Gordon Commons on Thursday night — not just to scarf down the free hors d’oeuvres but to hear the stories of four UW-Madison alums who started companies that soared.The Wisconsin Entrepreneurship Showcase was just that — a demonstration of what entrepreneurs can accomplish with a good idea, hard work and maybe a little luck.
A growing appreciation for the value of learning how to code has led to skyrocketing enrollments in computer science courses at UW-Madison that are stretching resources, says department chairman Mark Hill.
Some of America’s greatest innovations have come from garages, or basements. The makerspace called Garage Physics at UW-Madison is both.
It’s giving young scientists like Felix Tsao the ability to reach for something brand new. “It’s like a virtual reality project where basically it extends a digital experience to your vision,” said Tsao.
Quoted: Duncan Carlsmith, professor of physics.
Participation in the University of Wisconsin-Madison’s “massive online open courses” — also known as MOOCs — has skyrocketed to well above the national average following an overhaul of the university’s offerings.
The University of Wisconsin-Madison has been ranked 16th among all universities in the world for its number of venture capital-backed entrepreneurs by Pitchbook, a Seattle research firm for private equity and venture capital activity.
Quoted: The flight technology has advanced rapidly. Brian Luck, an assistant professor of biological systems engineering at University of Wisconsin-Madison, has an aerial drone that someone could fly safely with little practice or training.
Imagine if schoolteachers and college professors were immediately able to identify how each of their students learns, what learning style works best for each child and what new topics he or she is struggling with.Research faculty members at the University of Wisconsin at Madison are hoping that this can be the future of education.
Quoted: Don Stanley, a marketing professor at the University of Wisconsin’s life sciences communication department, says the fad is a testament to the fast-paced times.
“[It] allows people to make a mistake, and then the next week, everybody’s right back in it, at the same starting line,” Stanley said. “That obviously has been very appealing to people.”
Millions of people have logged on and signed up so far this season – at least one site expects to dole out $2 billion over the fall, according to Stanley.
“That’s astounding when you think about it,” he says. “It’s unbelievable the scale of revenue that’s involved in these one-week leagues.”
It’s tempting to look at the success of UW-Madison and the Madison area and conclude that Milwaukee has somehow missed the R&D boat that carries metropolitan regions to warmer economic ports. That’s only true if the region fails to work together in the years ahead.
