Purdue ups focus on drug discovery with $250M investment
With these investments, looks like Purdue University is in a unique position to leverage the growing connection between tech and biotech.
Eli Lilly’s venture arm invests in $25M round for Symic Biomedical
Symic's underlying technology, says CEO Ken Horne, is based on targeting the extracellular matrix to control natural defenses against tissue degradation and inflammation - promoting healing during illness and injury.
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When Investment Rhymes with Canada
Canada has a proud history of achievement in the areas of science and technology, and the field of biomanufacturing and life sciences is no exception.
Purdue is dedicating a lot of energy toward addressing diabetes with 5 new technologies
More than 29 million Americans have diabetes and 86 million have prediabetes. Purdue University researchers are focusing on new innovations in treatment.
Indiana’s life sciences get $60M boost at Purdue
Given the presence of big pharma like Pfizer in the state, this is a noteworthy investment from the university to bulk up its life sciences reputation. Purdue will also invest separately in precision medicine, pharmacophenomics, biological big data science, and toxicological sciences and engineering.
To make smart sensor production affordable, Purdue and Indiana U form medtech consortium
The Purdue-based collaboration will use a $13 million grant from the U.S. Department of Defense spread over five years to launch the Flexible Hybrid Electronics Manufacturing Innovation Institute.
Protein phosphorylation: This Purdue spinout’s approach to building new drug discovery tools
Tymore Analytical Operations uses protein phosphorylation analysis to understand the mechanisms that cause disease.
Purdue spinout developing drug that cuts down neurotoxin associated with multiple sclerosis
MedCity News has partnered with BioCrossroads to provide coverage focused on Indiana’s next generation of growth and innovation in life sciences. Purdue spinout Neuro Vigor is developing a multiple sclerosis therapeutic that builds on the oxidative stress model of neurological disease: It’s targeting a neurotoxin that is more reactive and toxic than most free radicals, leading […]
Fat-detecting sensor could help diagnose heart disease
MedCity News has partnered with BioCrossroads to provide coverage focused on Indiana’s next generation of growth and innovation in life sciences. A small sensor that can directly measure the fat levels in arterial walls could help docs better diagnose heart disease. The device, which can be fed through the femoral artery by a cardiologist with a simple […]
Move over, engineering: Half of Purdue’s 2014 Startups are working on health problems
MedCity News has partnered with BioCrossroads to provide coverage focused on Indiana’s next generation of growth and innovation in life sciences. Only 5.8% of the student population is enrolled in the Pharmacy, Nursing and Health Sciences programs at Purdue University, but healthcare startups make up half of the university’s new Startup Class of 2014. Twelve […]
Cook Medical, Purdue fuel $12M fund for life sciences startups
Two Indiana heavyweights announced a partnership that means more funds for life science startups in the Hoosier state. Cook Medical and the Purdue Research Foundation will pair up again to create the Foundry Investment Fund, a $12-million not-for-profit “evergreen investment fund to support Purdue-based life sciences companies,” according to a press release. This isn’t the […]
A Deep-dive Into Specialty Pharma
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
Purdue scientists use virus manipulation technique to target and kill cancer cells
Years of research have allowed scientists at Purdue University to manipulate a viral vector, engineering a Sindbis virus to target and kill cancer cells, plus annihilate its native infection preferences, according to a press release. “This virus had been known to be a good vector for delivering therapeutic cargo, however it naturally infected all kinds […]
Healthcare business intelligence: GE partners with Purdue to commercialize innovations
General Electric (GE) will lend its tech commercialization group to Purdue University innovations as part of a new partnership announced today. Purdue’s medical diagnostic imaging and biological testing technologies are already under consideration for development through the partnership. Historically, GE has hired more Purdue grads than grads from any other university in the world, […]
Could Google’s Flutter acquisition mean more wearable tech in the future of healthcare?
Google Glass may only be the beginning for Google wearable tech in the healthcare space. Google has acquired Flutter, a gesture recognition startup, for an undisclosed sum. Flutter has developed apps for Mac OS X and Windows that allows users to control computer programs through gestures (without clicking or typing). According to Mashable: Flutter launched […]
How a cotton candy machine gave this NSF-funded, Indiana-based wound-healing startup its first big idea
When two students working at Purdue University’s Center for Paralysis Research were making small talk around the company water cooler–strike that, cotton candy machine, they didn’t have an inkling that it might lead to business competitions, grants, NSF Small Business Innovation Research funding, a patent and a startup. But that’s exactly how Medtric Biotech began […]
Eli Lilly, Roche, device makers collaborate on new public-private research institute in Indiana
Roche and Eli Lilly are among major life science players in Indiana putting resources behind a public-private research institute that would discover and develop new health innovations. Industry leaders from the drugmakers, along with Biomet, Cook Medical, Dow AgroSciences and Indiana University Health have defined a set of common scientific interests that will be the […]