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Category: Business/Technology

Universities Seek Changes in Legislation to Reshape the Patent System

Chronicle of Higher Education

With action heating up in Congress on the biggest overhaul of patent laws in half a century, universities are joining the chorus of companies and organizations pushing for changes in the proposed legislation. And, separately, the presidents of the Big Ten universities are adding their voices to the choir.

Without some adjustments, the institutions and companies argue, the new laws will undermine the value of patents and “hinder innovation across the diverse sectors of the American economy we represent.” One issue that unites universities and industry is their concern over a proposal to establish a new system for challenging patents after they are granted. Universities and companies say they fear such a system, as now designed in the legislation, would allow third parties to “harass the patent holder” and create too much uncertainty about the value of an issued patent.

Doug Moe: Fine hair heir gets first chair

Capital Times

Mike Wilkinson, the former Badger basketball star now playing professionally in Greece, was back in Madison this week and did something he did all the while he was in school.
Wilkinson got a haircut from Don Fine at the College Barber Shop at the campus end of State Street.

Fine, 77, has been cutting hair in the shop since 1953, and he isn’t stopping anytime soon, but come next month, there will be a difference.

TomoTherapy tale ‘an exciting one’

Capital Times

Local companies that haven’t even formed yet could be among the biggest beneficiaries of the startling financial success of two local high-tech companies in the past two months, experts say.

TomoTherapy, which makes targeted radiation systems for cancer treatment, last month enjoyed a $223 million initial public offering of stock, while gene chip maker NimbleGen Systems this week passed on the IPO it had filed for in favor of a $272.5 million acquisition by Swiss pharmaceutical giant Roche Holding AG.

….Years ago, TomoTherapy and NimbleGen were merely ideas in the brains of talented UW-Madison researchers. Developing such ideas into products and, ultimately, profitable companies requires funding — typically large amounts of funding.

UW grads: Don’t ban trans fats, just educate

Capital Times

Dan Chavas and Eli Persky just want to chew the fat, not ban it.

The two UW-Madison grads on Wednesday unveiled an awards system that seeks to “start a dialogue” about trans fat, not outlaw it as other cities, like Philadelphia, have done. The “Low Trans Fat Awards” honor local restaurants that serve a no or low trans fat menu.

Badgers will make Big Ten Network debut Sept. 15 against the Division I-AA foe

Capital Times

The University of Wisconsin football team will play its first game on the Big Ten Network on Sept. 15 when the Badgers host The Citadel at Camp Randall Stadium at 11 a.m.

The Big Ten Network, which will debut in August, is currently available only in Madison only on some satellite services. Negotiations with Charter Communications, the primary cable provider in the Madison market, are ongoing.

Ed Garvey: Bank card deal mocks UW history

Capital Times

….This remains the great state University of Wisconsin, not some rinky-dink outfit on the Internet. We have standards and a great history. Are we willing to drop “the great state university” moniker and just call the UW “a university with state and corporate support”?

Maybe U.S. Bank could help with admissions. Those with their bank card oh, let’s not go there.

Entering into contracts that harm students but profit the university without transparency and open bidding is an outrage….

Payday for NimbleGen

Wisconsin State Journal

NimbleGen Systems has hit its home run.

Spun out of UW-Madison research, it was announced Tuesday that the DNA microarray company will be purchased by Roche, of Basel, Switzerland, one of the world’s giant drug and diagnostics companies, for $272.5 million.

Drug giant to acquire NimbleGen

Milwaukee Journal Sentinel

NimbleGen incorporated in 1999 after being spun out of technology developed by four researchers from the University of Wisconsin-Madison and after a license agreement with the Wisconsin Alumni Research Foundation.

Roche buys Madison-based NimbleGen for $272.5M (AP)

International Herald Tribune

MADISON, Wisconsin: Gene-chip maker NimbleGen Systems Inc. said Tuesday it will be bought out by pharmaceutical giant Roche in a deal worth $272.5 million (â?¬203.3 million).

Madison, Wis.-based NimbleGen announced in March it would file for public offering and had hoped to raise $75 million (â?¬56 million). But the company remained private and will be sold in its entirety to Roche, it announced in a news release.

Bar freeze gets chilly reception

Capital Times

Additional delays are likely as criticism mounts on a plan, in the works since last fall, to freeze the number of bars in downtown Madison.

The city’s Alcohol License Review Committee was to consider the proposal, known as the Alcohol Beverage License Density Plan, at its meeting Wednesday night.

But council President Mike Verveer, one of the sponsors of the ordinance, now predicts that, due to proposed changes and concerns, the committee won’t take action on it until July.

Pharmaceutical giant buys NimbleGen

Capital Times

Madison-based gene chip maker NimbleGen Systems, which in March filed for an initial public offering of stock, instead has been acquired by Swiss pharmaceutical giant Roche Holding AG in a $272.5 million deal announced today.

NimbleGen, a UW-Madison spin-off founded in 1999, had filed for a proposed IPO of up to $75 million in common stock.

Federal appeals court agrees e-mail search without warrant violates Fourth Amendment (AP)

Capital Times

CINCINNATI (AP) – Federal investigators overstepped constitutional bounds by searching e-mails without a warrant during a fraud investigation related to an herbal supplement company known for its “Smiling Bob” ads, a federal appeals court ruled Monday.

….”The district court correctly determined that e-mail users maintain a reasonable expectation of privacy in the content of their e-mails,” Judge Boyce Martin said in a case closely watched by civil-liberties advocates in the still-emerging field of Internet privacy.

Part-time artists aid the economy

Capital Times

They are part-time artists or craftspeople with full-time jobs of another kind — typically Caucasian women with bachelor’s degrees who are over age 50, producing their arts/crafts from home.

Their impact usually remains under the radar, because they work in isolation and independently, but these creative endeavors pump more than $31 million per year into northwestern Wisconsin economies.

Mike Lucas: WHA takes a back seat to Big Ten Network

Capital Times

The enterprising Big Ten Network signals a beginning, and an ending. The network, scheduled to launch this fall, is offering a comprehensive package of televised events and a new funding source for financially strapped athletic departments.

But, locally, it will come at the expense of WHA-TV, which no longer will be allowed to carry tape-delay broadcasts of University of Wisconsin football and men’s basketball games, thereby ending a long sports relationship between public television and Badger fans throughout the state.

UW beefs up its program as career opportunities increase

Capital Times

Emily Blankenheim knows what the best-dressed Badger fans will be wearing next fall.

She’s forecasting trends for the Insignia brand as part of her internship this summer with University Book Store. The internship grew out of her studies in retailing at the University of Wisconsin-Madison. She hopes her consumer science degree will earn her a top retail job after graduation next year.

Give economy an angelic boost

Wisconsin State Journal

Lawmakers should direct the center to be located in metropolitan Madison, where it could capitalize on the UW-Madison research that is the source of many business ideas and where it would be near the growing community of high-tech entrepreneurs in Dane County.

Doug Moe:

Capital Times

….Sun Microsystems has just named a 1980s Madison West grad, Jeff Kesselman, as one of the company’s “contrarian minds of 2007.” Kesselman also graduated UW-Madison in 1987. He serves as chief architect on Project Darkstar, a server platform for massive-scale online games, a new arena for Sun.

Mike Lucas: UW’s Pressley savoring every minute of China excursion

Capital Times

If University of Wisconsin fullback Chris Pressley thought Michigan had an impenetrable defensive line, maybe akin to the Wall of China, he has since learned that nothing compares to the real thing. And if he thought winning a Big Ten championship was an uphill climb; maybe akin to scaling the Himalayas, he also since learned that nothing compares to the real thing. But if he thought Pasadena was paradise, maybe akin to Shangri-La, he knew all along that nothing compares to real thing — the Rose Bowl — even after seeing Shangri-La in northwest Yunnan province.

To this end, the 20-year-old Pressley has shared his awakening with fellow classmates during an ongoing three-week field trip to China arranged by the UW Business School.

ATC meetings start tonight

Capital Times

American Transmission Company is sponsoring three public information sessions starting tonight to discuss the idea of burying at least part of a controversial 345-kilovolt power line stretching from Rockdale to west of Middleton. But an activist group questions why the sessions are being held when ATC has already proclaimed underground construction as unfeasible.

Annita Wozniak, co-chair of Citizens for Responsible Energy, told The Capital Times today the three open houses tonight, Tuesday and Wednesday night are “just another opportunity for ATC to promote their own motives” on the need for the new line.

Wisconsin Regents Approve New Financial Aid Rules

WKOW-TV 27

The UW System Board of Regents today approved new rules designed to eliminate ties between private lenders and campus financial aid officials.

Among other things, the rules bar campuses from accepting payments from companies offering student loans. They also prohibit UW employees from receiving compensation for serving on company advisory boards.

The regents approved the rules with no discussion today during their meeting at UW-Milwaukee.

Moving on from Madison (BusinessWeek)

BusinessWeek

Steve Schroeder has been director of the Business Career Center at the University of Wisconsin-Madison for the past year and a half. The center serves undergrad business students as well as students in the five-year professional accounting program and master’s candidates in actuarial science and quantitative finance. The majority of Madison undergradsâ??78%â??find jobs in the Midwest following graduation, with the top sectors being accounting, financial services, merchandising, investment banking, and real estate and appraisal.

Schroeder spoke to BusinessWeek.com reporter Janie Ho. Here are edited excerpts of the conversation.

Diversity in local law offices problematic

Capital Times

Click through the Internet profiles of attorneys at Madison law firms and a clear picture emerges: white face after white face fill the rosters.

The scenario is different, but not much, at the Milwaukee offices of those same firms. Local law firms say that in recent years they have actively recruited minority attorneys — in state among graduates of the University of Wisconsin Law School and Marquette University Law School — as well as nationally.

But even as Wisconsin’s top firms woo minority attorneys, they are leaving the firms during the years young attorneys traditionally have been expected to hustle to make partner.

Game day control: Bar must add more deputies on football Saturdays

Capital Times

In an effort to curb drunken fan behavior, the owners of Jordan’s Big Ten Pub must keep 10 off-duty Dane County Sheriff deputies on the premises to monitor its beer garden on UW home football game days this season.

Under a deal approved by the Plan Commission Monday night, the Big Ten Pub agreed to update its conditional use permit for serving alcohol outdoors on football Saturdays. Rules include hiring three more deputies in addition to the current seven, keeping food available in the beer garden and meeting annually with staff to go over safety concerns.

Mike Ivey: Tomo bet pays off big time

Capital Times

There were plenty of smiling faces around town after Madison-based medical equipment maker TomoTherapy made its initial public stock offering.

Not only was it a home run for the local tech economy, it was a grand slam for those lucky enough to get in on the ground floor.

Among the early investors was UW Board of Regents president and private attorney David Walsh….

PGA Nationwide Tour scouts Madison

Capital Times

Officials from the PGA Tour will be in Madison next week to look at University Ridge and other area golf courses that potentially could host a Nationwide Tour event here starting in 2008.

“They definitely want to bring the event to Madison,” University Ridge director of golf Mike Urben said.

Urben said the Tour officials plan to visit the Ridge with University of Wisconsin athletic director Barry Alvarez and associate athletic director John Chadima on June 12.

Dave Zweifel: ATC Beltline route full of problems

Capital Times

American Transmission Co.’s Mark Williamson announced last week that his power line firm rejects the notion that a new east-west transmission line could be built underground along the Beltline.

….Because the UW’s Arboretum stretches along the north side of the Beltline, the overhead route would have to run south of the highway. The amount of room there, especially since reconstruction of the frontage road, is minimal at best. Go look for yourself. It’s easy to see why Department of Transportation staff is deeply concerned….

UW 1907 research started awareness of vitamins

Wisconsin State Journal

This week, UW-Madison employees are marking the 100th anniversary of the campus experiment that started a century of vitamin research. On May 31, 1907, agriculture chemist Stephen Babcock launched an investigation on dairy cows called the Single Grain Feeding Study, a bland title that belies its revolutionary impact.

Vet School works to keep grads on the farm

Wisconsin State Journal

DODGEVILLE — Within minutes of starting her workday, Dr. Amy Robinson plunges her left arm into a cow’s rectum to determine on which side of the bovine’s uterus she will place a frozen embryo.
As a large animal veterinarian in rural Wisconsin, this task is not unusual, and Robinson, 32, goes about it with the matter-of-factness of an accountant creating a spreadsheet.

Groups to respond to WARF’s patent defense (The Business Journal of Milwaukee)

The two consumer groups that successfully challenged three, broad stem cell patents held by the University of Wisconsin-Madison’s patent licensing arm said that it will make a “substantive response” to the university group’s defense of the patents.

Acting on re-examination requests by the Foundation for Taxpayer and Consumer Rights and the Public Patent Foundation, the U.S. Patent and Trademark Office in early April rejected all claims on three patents held by the Wisconsin Alumni Research Foundation. WARF had two months to respond.

WARF to appeal cancellation of stem-cell patents (WPR)

Wisconsin Public Radio

(MADISON) The Wisconsin Alumni Research Foundation or WARF is challenging the federal governmentâ??s preliminary rejection of three stem cell patents. In April, the U.S. Patent and Trademark Office announced it would throw out the patents because discoveries made by University of Wisconsin researcher James Thomson were â??obvious,â? given earlier research. (Fifth item.)

ATC says burying lines ‘impractical’

Capital Times

Mayor Dave Cieslewicz wants an independent study of the feasibility of burying a portion of a controversial power line that could run along the Beltline.

American Transmission Co. on Wednesday announced preliminary results of its study of the issue, calling it “impractical” because part of the line would have to run through city neighborhoods and because of the huge costs of underground vs. overhead lines.

….Opponents of running the line overhead along the Beltline are concerned about impacts on the UW Arboretum, local businesses and neighborhoods. The line also has opposition from those who say it isn’t needed.

Brainpower called key to prosperity

Milwaukee Journal Sentinel

The Milwaukee region, once known as the “machine shop to the world,” must remake itself as the industrial “design shop of the world” if it is to compete in a landscape transformed by global economic forces, civic leaders said Wednesday in unveiling the Milwaukee 7s strategic economic plan.

The report by the seven-county economic development group said southeastern Wisconsins future hinges on its engineering talent, research-and-development capacity, its universities and its collective impulse to generate products and ideas.

ATC underground power line plans cut, called “impractical”

Capital Times

Constructing a portion of a controversial power line underground along the Beltline Highway is “impractical” and will not be recommended, American Transmission Co. said today in announcing results of an undergrounding study.

Running part of the proposed Rockdale-West Middleton line along the Beltline is part of one of three potential routes for the controversial 345-kilovolt line, which ATC says is needed to meet growing electrical demand in the area.

….Part of the problem with undergrounding is that the locations identified as the most feasible include routes off the Beltline on city streets and frontage roads, rather than directly adjacent to the highway, ATC said.

Pouring time and energy into tapping new markets (Chicago Tribune)

Chicago Tribune

Just two years after inventing a better keg tap for the stadium market, Matthew Younkle knows it’s time to expand.

Already, the inventor of TurboTap — a nozzle that attaches to beer kegs and delivers a pour with the right amount of foam in less than three seconds — claims to own leases in 30 percent of the U.S. professional stadium market.

“While the stadium market is big and profitable, it only represents a small fraction of beer taps in circulation,” said Younkle, 32, who created a prototype of the product for an investor’s competition in his senior year at the University of Wisconsin in Madison.

New UW grads enter work force armed with sustainable skills, goals

Capital Times

A new corporate emphasis on a “triple bottom line” is leading to new and varied jobs for University of Wisconsin-Madison graduates, a trend that is expected to grow rapidly.

“The traditional bottom line is that a company has to perform well financially, but now that company has to have a good environmental performance and a good social responsibility record as well,” said Dan Anderson, a professor in the UW School of Business who also teaches at the Nelson Institute for Environmental Studies.

Joseph Eichenseher: Med school should cut industry ties

Capital Times

Dear Editor:

….I have seen firsthand how for-profit business infiltrates academic medicine, to the point where many faculty at the medical school receive tens of thousands of dollars in “consulting” fees from medical industry, for a few hours of time each year. Our new medical school even has corporate names and logos at the entrances to our lecture halls.

….It is time that the UW, with a rich history of integrity and commitment to the public good, follows other universities and bans such compromising industrial ties. Wisconsin deserves more, and we need to lead by setting a more socially responsible example.

UW attacks loan abuses

Capital Times

The University of Wisconsin System has responded appropriately to one of the ugliest scandals to break out in higher education: the revelation that private lenders have cultivated cozy relationships with campus financial aid officials in order to take advantage of students.

Report: UW School Of Business Is One Of World’s Best

WISC-TV 3

MADISON, Wis. — The University of Wisconsin School of Business takes top honors again.

The school made the Financial Times annual list of the world’s top executive education providers for the third straight year.

The UW ranked no. 13 in the U.S. and no. 26 in the world in the publication’s overall ranking.

As businesses â??go green,â? college grads find jobs that help the environment (WPR)

Wisconsin Public Radio

(UNDATED) As thousands of college graduates try to enter the labor force this summer, it may help some candidates to have a background in environmental sustainability.

Home Depot is one of the companies that says itâ??s now taking a long view of the environment and following some sustainable policies and practices. Unless the corporations are engaging in false environmental image- making, known as â??greenwashing,â? the switch could be good news for college grads with experience in energy efficiency, sustainable agriculture and certain other fields.

Tom Eggert teaches classes on business and sustainability at the University of Wisconsin-Madison. He says the green building movement is another area seeking educated workers. This is not something coming from the industry itself, he says, but rather comes from the people who are having these buildings built or deciding to go in a way that would be aligned with being energy efficient or aligned with indoor air quality. (Final item.)

State’s farm future charted

Capital Times

Wisconsinites have an opportunity to shape the future of agriculture policies affecting the lives of rural and urban dwellers alike.

This message opened the Future of Farming and Rural Life in Wisconsin Conference this morning at Monona Terrace. Speakers urged farmers, policy makers and agriculture advocates to use research and recommendations presented at the event to shape a public private partnership to address challenges.

“If you’re looking for slick, that ain’t us, folks,” said Steve Stevenson of the Center for Integrated Agricultural Systems at the University of Wisconsin-Madison. “This is an effort to bring people to the table to look at what it will be like five, 10, 15 years down the road.”

$1M state boost will support research on drug toxicity

Capital Times

A Madison stem cell start-up company will get a $1 million boost from the state, Gov. Jim Doyle announced this morning.

Top University of Wisconsin-Madison researcher Gabriela Cezar co-founded Stemina Biomarker Discovery Inc. in November with Beth Donley, the former executive director of WiCell, the stem cell subsidiary of the Wisconsin Alumni Research Foundation.

With the aid of two WARF stem cell patents, the company is developing ways to help drug manufacturers screen drugs for toxicity. The aim is to save millions of dollars in drug development costs by developing a library of biomarkers that discover toxins in the early stages of pharmaceutical development.

Stem cell firm gets $1 million

Milwaukee Journal Sentinel

Stemina Biomarker Discovery Inc. will receive $1 million in loans and grants from the state, Gov. Jim Doyle will announce today.

The Madison company was founded in November by a former top executive at the University of Wisconsin-Madison’s patenting arm and a high-profile UW scientist. It is the third company started in the state that uses embryonic stem cells.

New Jobs Open In Sustainable Business

WISC-TV 3

MADISON, Wis. — College graduation is just around the corner and that means the job search is on.

This year, some experts said that there are some good job prospects for graduates in a relatively new sector of the business world called sustainable business, WISC-TV reported.

Sustainable business is a growing area and nonprofit organizations are finding ways to become more environmentally and socially responsible.

University of Wisconsin senior Julia Glad and others like her are signing on with companies committed to helping others. Glad is currently working for Envest, a local financial company that she’s helping launch. She will eventually provide loans to poor individuals in developing nations like Nicaragua, WISC-TV reported.

“Often they are small families or moms who are looking for ways to send their children to school,” said Glad. “With these small loans, individuals have the opportunity to pursue other jobs or careers beyond things like slash and burn farming, which have a really negative effect on the environment.”

UW business professor Tom Eggert said that companies like Envest are part of a growing trend.

Wall Street embraces TomoTherapy

Wisconsin State Journal

Investors warmly welcomed TomoTherapy’s entrance onto Wall Street on Wednesday.

Shares of the Madison medical equipment manufacturer opened at $24 on the Nasdaq market under the symbol TTPY. That was 26 percent higher than the initial public offering price of $19 a share, which was already up from the estimated $15 to $17 price range when the registration was filed in February.

Bill Berry: 2 years of work net 83 proposals

Capital Times

Citizen involvement has been an underpinning of the two-year Future of Farming and Rural Life in Wisconsin Project. People from around the state had a hand in fashioning the list of recommendations released last week and featured on the front page of The Capital Times.

The recommendations — essentially action steps offered to policymakers, community leaders and interested citizens — will be discussed at the statewide Future of Farming and Rural Life conference May 14-15 at Monona Terrace. Information on registration is available on the project Web site. A report this summer will include the final recommendations.

TomoTherapy starts impressively

Capital Times

TomoTherapy Inc. made a big splash today in its debut as a public company.

Even after adding shares and pricing above the previously set range of its initial public offering of stock, the Madison-based maker of cancer treatment systems (and UW-Madison spin-off) opened up about 25 percent as it launched on Nasdaq under the symbol “TTPY.”