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Category: Business/Technology

Grainger hosts kick-off event

Badger Herald

In the groundbreaking ceremony celebrating the start of the construction of a $40.5 million addition to Grainger Hall, a distinguished panel spoke of the advantages the addition would bring to the University of Wisconsin business program.

Capitalize on scientist’s success

Wisconsin State Journal

Wisconsin should put James Thomson on a pedestal.
Again.

Thomson, a UW-Madison professor, is already admired for his scientific achievement. He led the UW-Madison team that in 1998 first isolated embryonic stem cells, opening wondrous opportunities for medical advancements that are today being worked on at UW-Madison and all over the world.

Was stem-cell advance ‘obvious’?

Wisconsin State Journal

A federal review of Wisconsin’s embryonic stem-cell patents won’t question what everyone concedes: that UW-Madison scientist James Thomson was the first to grow a colony of the cells from humans in a lab.
Instead, the U.S. Patent and Trademark Office’s review of three patents held by the Wisconsin Alumni Research Foundation will ask if Thomson’s accomplishment in 1998 was “obvious” because other scientists had done similar work in species such as mice and pigs.

Editorial: Partnerships that pay off

Milwaukee Journal Sentinel

The state invests public dollars in one thing or another every day. But last week, it invested $1 million in its future.

Like any other investment, this one may not pan out. But if it does, it could yield huge dividends, both in economic development and in healing.

This investment is in a small Madison company called Stem Cell Products Inc., founded by embryonic stem cell pioneer James Thomson and two of his University of Wisconsin-Madison colleagues. Being in the right place at the right time can mean everything in business, and Stem Cell Products may soon find itself in that enviable position.

Google to get state, UW books (AP)

Capital Times

The University of Wisconsin-Madison and the Wisconsin Historical Society are joining Google’s effort to digitize the world’s books and make them searchable on the Internet.

UW-Madison said Thursday the school and the historical society would make nearly 500,000 of their historical books and documents available on the search engine’s new site, Google Book Search.

Biotech workers to meet

Wisconsin State Journal

At UW-Madison, leaders of some of those companies have been meeting with academics and policymakers for the past year to share expertise and suggestions about global security, in a project by the Division of International Studies.

Doyle delivers research funds

Badger Herald

As part of his plan to provide $5 million to stem-cell research companies, Gov. Jim Doyle presented $1 million Tuesday to a new company aiming to generate blood products from human embryonic stem cells.

Doyle presented the financial package to founders of Stem Cell Products Inc., started by research pioneer and University of Wisconsin biology professor James Thomson, who isolated the first embryonic stem-cell line.

Doyle gives $1 million stem cell grant to company started by UW researchers

Daily Cardinal

Gov. Jim Doyle announced another pledge for stem cell research Tuesday, giving $1 million to a stem cell start-up company founded by three UW-Madison researchers including James Thomson, the professor who pioneered stem cell research and isolated the first embryonic stem cell.

Stem Cell Products, Inc., run by Thomson and fellow UW-Madison researchers Igor Slukvin and Dong Chen, will begin research on a process that derives red blood cells and platelets from embryonic stem cells. According to Doyle, platelets are in short supply and the U.S. military frequently flies wounded soldiers to Germany in order to perform blood transfusions.

From stem cells to blood cells

Milwaukee Journal Sentinel

Stem cell pioneer James Thomson and two other University of Wisconsin-Madison scientists have started a company that aims to grow platelets and red blood cells from embryonic stem cells.

The company, Stem Cell Products Inc., has the chance to have the first therapeutic product based on human embryonic stem cells to make it to the marketplace, said Bob Palay, managing member of Tactics II Ventures LP, a Wisconsin venture capital firm that invested in and helped start the company.

City company reveals stem-cell breakthrough

Wisconsin State Journal

UW-Madison stem-cell pioneer James Thomson and his colleagues have discovered a way to use human embryonic stem cells to create components of human blood – products, they say, that are safe and can eventually be used to help a range of patients, from those with anemia caused by chemotherapy to soldiers wounded in battle.

Thomson’s stem cell company gets $1M from state

Capital Times

Gov. Jim Doyle today gave $1 million in state funding to a Madison-based firm headed by UW-Madison stem cell researcher James Thomson.

Doyle announced the combination of state grants and loans to Stem Cell Products, Inc., the second start-up firm headed by Thomson, at a news conference this morning.

The firm is developing the use of embryonic stem cells in producing components of human blood cells, such as platelets that assist in blood clotting.

Global concerns trigger discussion between CEOs, researchers

Badger Herald

Long known for its state-of-the art research facilities, the University of Wisconsin has historically made a place for itself in addressing worldwide issues. Continuing in that tradition, three top UW researchers addressed alumni who have since become CEOs around the nation Saturday at the Fluno Center.

ââ?¬Å?We heard from people today that are attacking some of the biggest problems we have, in industry and society,ââ?¬Â Chairman and CEO of Rockwell Automation Keith D. Nosbusch said at Saturdayââ?¬â?¢s summit. ââ?¬Å?What theyââ?¬â?¢re working on here at Wisconsin has a direct connection to the future.ââ?¬Â

Patents are UW�s other favorite cow, cash cow that is

Daily Cardinal

Patents are big business and big philanthropy at the Wisconsin Alumni Research Foundation, which helps keep UW-Madison in the top tier of research universities.

Since its founding in 1925, WARF, which manages all intellectual property for the university, has donated approximately $800 million to UW-Madison from income on licensing university-based patents, said Jill Ladwig, senior writer for WARF.

Doyle, Green battle over stem cells, social issues

Daily Cardinal

Incumbent Gov. Jim Doyle and his Republican challenger U.S. Rep. Mark Green, butted heads for a second time Friday night in Milwaukee, debating a wide range of social issues including stem cell research, abortion, the death penalty and education.

Stem cell research proved to be the hot topic of the debate, with Doyle saying, “There is no issue on which we differ [more] fundamentally.”

UW System publicly opposes gay marriage ban

Daily Cardinal

Citing the need to compete as the university loses faculty due to its lack of partner benefits, the UW System Board of Regents voted Friday to oppose the proposed gay marriage amendment.

Regent President David Walsh said the amendment might further limit benefits for same-sex domestic partners.

Biotech ideas on agenda

Milwaukee Journal Sentinel

A broad-based initiative to spur commercialization in Toronto, whether Wisconsin can compete with alternative fuels and China’s market for biotechnology products are just three of the topics to be covered this week at a conference in Waukesha.

Former Wisconsin Public Service Commission chairman Ave Bie and representatives from the University of Wisconsin-Madison, Wisconsin Agri-Service Association and BEST Energies Inc. will discuss whether Wisconsin has the tools to lead in the new economy being created from transforming substances like corn and soybeans into fuel.

Thomson lends perspective to stem cell expectations

Wisconsin Technology Network

Outlining some of the remaining challenges for stem cell researchers, University of Wisconsin-Madison professor James Thomson took the opportunity to inject some realism into the stem cell expectations game before UW-educated executives at a CEO Summit convened by John Morgridge, chairman and former CEO of Cisco Systems.

Stem cell plan spurs state growth

Daily Cardinal

Gubernatorial candidate Mark Green equates stem cell research with leaving the ââ?¬Å?moral compassââ?¬Â behind. On the other hand, incumbent Gov. Jim Doyle equates stem cell research with an industrial compass that will bring scientific breakthrough and job market expansion to Wisconsin.

Brit envoy makes pitch for alternative energy

Capital Times

Issues of supply, security and ecology demand the production of alternative sources of fuel, said the British ambassador to the U.S. in an address at the University of Wisconsin-Madison.

Sir David Manning was in town to hear from a panel of UW-Madison scientists at a private luncheon Friday before giving a public address on “energy security and climate security.”

“If we can find alternative sources of energy that are clean sources of energy, we reduce our dependence on unstable parts of the world,” Manning said. If companies do this, “they will be in the forefront of the new energy technology. They will make a lot of money for it.”

Club teaches students the business of wine

Wisconsin State Journal

It’s not unusual to see a group of UW-Madison M.B.A. students listening intently to a teacher and taking notes.
But on a recent Friday, it was in the wine cellar of Porta Bella rather than Grainger Hall. The subject of today’s lecture was wine, and their instructor was Patrick Fegan, director of the Chicago Wine School.

Editorial: Loss of jobs equals urgency

Milwaukee Journal Sentinel

If you think of universities as the new coal mines, then the University of Wisconsin-Madison is a mother lode – a vital fuel for economic growth.

But for all its excellence, UW-Madison needs to do a better job of fostering new companies.

Army awards area biotech

Wisconsin State Journal

The U.S. Army is giving Madison biotech ConjuGon a $730,000 grant to keep working on a treatment for bacterial infections that haven’t been cured by antibiotics up to now.
Established in 2002 and based on UW-Madison research, ConjuGon has developed genetically engineered, harmless bacteria that have been proven successful in animal tests, said Sal Braico, chief operating officer.

Stem-cell license waived in-state

Wisconsin State Journal

Companies sponsoring stem- cell research exclusively in Wisconsin will no longer have to buy a costly license to use the technology under an agreement announced by Gov. Jim Doyle on Thursday.
Doyle said the agreement between his administration and Wisconsin Alumni Research Foundation, which holds patents covering embryonic stem- cell research, will give the state a significant advantage in attracting biotechnology companies and research dollars.

State gets edge in stem work

Capital Times

The Doyle administration has reached an agreement with the Wisconsin Alumni Research Foundation that will give Wisconsin stem cell researchers a considerable competitive advantage over those in other states.

Gov. Jim Doyle announced today that WARF, which holds patents and royalty rights on some of the world’s most promising stem cell lines, has agreed that companies conducting research in partnership with nonprofit and academic institutions in Wisconsin will receive a free research license under the stem cell patents held by WARF.

Doyle calls for energy savings

Badger Herald

As part of Democratic Gov. Jim Doyleââ?¬â?¢s effort to reduce the stateââ?¬â?¢s reliance on energy, four University of Wisconsin System schools will be part of an ââ?¬Å?off-the-gridââ?¬Â pilot program to become energy independent by 2012.

Condos proposed near UW

Wisconsin State Journal

A developer is proposing a 12-story, mixed-use project that would include, for the first time, condominiums near UW-Madison.
The project also would include retail, restaurants and a health club.

My prof makes more than yours

Daily Cardinal

Answers to a few campus financial misconceptions

The typical university student is surrounded by financial jargon and buzzwords as they maneuver through his or her college years. By the end of four years, students know that professors are paid obscenely high salaries, parking costs are impossible and segregated fees are why we all have to eat Ramen. All these topics sound familiar enough, but upon further investigation, the average student�s knowledge about the actual facts surrounding these issues is minimal at best.

Governor unveils $80M push for renewable energy

Capital Times

Gov. Jim Doyle was set to announce a plan today to invest $80 million in state funds in an effort to encourage the development and use of renewable energy.

The governor says the state money would help leverage an additional $370 million in private investment and put the state at the forefront of the national movement to find alternative sources of fuel.

The plan includes a $50 million fund to give loans to companies expanding their use and production of renewable fuels and energy, tax credits to prod more gas stations to add ethanol-based gasoline and millions of dollars in grants for energy researchers.

Credit Union head aims to serve

Wisconsin State Journal

During the height of the Depression with many bank and business failures, a half dozen UW-Madison professors started a credit union to serve the university faculty. In two years, the institution had 88 members and $2,500 in assets.

Choice of governor could affect research complex

Wisconsin State Journal

As voters select a governor this November, architects will be drafting plans for the Wisconsin Institutes for Discovery, a $150 million research complex at UW-Madison.
The public-private complex, to expand research on stem cells and related fields, will be built whether or not Republican Mark Green defeats Democratic Gov. Jim Doyle, organizers say. It is to open in late 2009 in the 1300 block of University Avenue.

Editorial: Fund the biomedical alliance

Milwaukee Journal Sentinel

Gov. Jim Doyle promised once again this week to propose the state spend $2.5 million for biomedical research in southeastern Wisconsin. Now, what about the Legislature?

Whoever is elected governor this fall should push to fund this key initiative for southeastern Wisconsin in the next state budget, and the Legislature should set aside stem cell politics and approve it without the strings that some legislators will undoubtedly want to attach.

New biotech rankings issued

Inside Higher Education

The Milken Institute, an economic think tank, has issued a series of
new rankings of universities on biotechnology publications, patents and technology transfer. In biotechnology research, Harvard University leads the way, followed by the University of Tokyo and the University of London. California universities hold 5 of the top 25 slots, and British and Japanese univeristies hold 3 each.

Read the report here: http://www.milkeninstitute.org/publications/m2m.html

UW is ninth in biotech patents

Wisconsin State Journal

The University of Wisconsin System ranks among the top 10 universities worldwide in biotechnology patents but falls behind several other Big Ten universities in transferring that technology to commercial uses, according to a study released today by the Milken Institute of Santa Monica, Calif.

Learn to Lead

Wisconsin State Journal

When Jen Zaidel graduates from UW-Madison next summer, she hopes to be armed with more than just a degree in marketing.
The 21-year-old New Berlin native also hopes she knows more about being a leader. And, when she gets a job, Zaidel knows she needs to be prepared if – or more likely when – she’s faced with an ethical dilemma.

That’s why Zaidel is part of a group of students working with active and retired senior executives of Accenture, a global management consulting firm, to develop a leadership program at the UW-Madison School of Business.

Research Park’s big impact

Capital Times

University Research Park supports 9,100 jobs and contributes more than $680 million annually to Wisconsin’s economy, according to a new study.

North Star Economics Inc. said its study found that the 114 companies in the 255-acre west side park employ 4,155 people with a total payroll of more than $260 million, based on an average salary of $62,000 a year. More than $170 million of the payroll remains in the state after federal tax deductions and other non-local spending is taken into account.

Pandemic forum to help businesses prepare

Capital Times

How prepared is your organization or business if a pandemic strikes Madison? Unlike a natural disaster, a pandemic, or worldwide outbreak of disease, affects “human capital,” by toppling people instead of the bricks and mortar destroyed by tornadoes or other disasters.

Concerns about the avian flu have grabbed headlines worldwide, but local organizers say it’s not the sole inspiration for a one-day forum, “Surviving the Pandemic,” at the Alliant Energy Center Exhibition Hall Oct. 12.

(Several UW-Madison experts are among the featured speakers.)