Biotechnology
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ProThera Biologics lands $750K from Slater, NIH
East Providence biomedical company ProThera Biologics LLC - led by Rhode Island Hospital scientists Dr. Yow-Pin Lim, above, and Douglas Hixson - has received $750,000 in new funding from the National Institutes of Health and Slater Technology Fund. more
URI to celebrate new pharmacy building
The University of Rhode Island is set to celebrate the opening of its newly completed $75 million building for the College of Pharmacy on Tuesday, Sept. 4 at 11 a.m. more
| 8/31/12
EpiVax lands $300K from NIH
EpiVax Inc., led by founder and CEO Dr. Anne S. De Groot, has been awarded an additional $300,000 Small Business Innovation Research grant from the National Institutes of Health’s National Institute of Allergy and Infectious Diseases, the company announced Friday. more
Covidien lands FDA approval for stapling system
Medical device maker Covidien PLC landed 501(k) clearance by the U.S. Food and Drug Administration for its reusable iDrive Ultra powered stapling system. more
Astro-Med profit drops 5.6% in 2Q
Profit for Astro-Med Inc. dropped 5.6 percent to $987,000, or 13 cents per diluted share, during the second quarter of 2012, compared with $1.05 million, or 14 cents per diluted share, during the second quarter of 2011. more
| 8/22/12 | 1 comment
Covidien opens $45M R&D facility in China
Medical technology maker Covidien Ltd. has officially opened its Shanghai-based research and development facility, the China Technology Center, the company announced Thursday. more
Lucidux lands $250K from Slater fund
Medical imaging innovator Lucidux LLC has landed a $250,000 investment from public venture capital firm Slater Technology Fund. more
Covidien earnings fall in 3Q
Medical technology maker Covidien Plc. reported third quarter earnings of $453 million, or 93 cents per diluted share, a drop of 15.3 percent from the $535 million, or $1.07 per diluted share reported during the same period in 2011. more
| 7/27/12
Report: R.I. bioscience sector shows job growth since 2001
According to the Battelle/Bio State Bioscience Industry Development Report, Rhode Island’s bioscience sector grew 44.3 percent from 2001 to 2010. more
Tech Collective joins National Coalition of State Bioscience Institutes
The Tech Collective and 41 other state bioscience associations have formed the Coalition of State Bioscience Institutes, a nationally coordinated effort aimed to help ensure U.S. leadership in bioscience innovation. more
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