Life sciences cluster study initiated by Philadelphia region leaders
Source: Keystone Edge, 4/30/2009
A 2005 study of the Greater Philadelphia life sciences cluster found the sector accounted for more than 11 percent of employment and nearly 13 percent of total earnings in the region. Measuring that strong base, which ranked third among benchmarked metropolitan regions nationwide behind Boston and Greater San Francisco, is crucial to planning for the future.
Therapeutic tables for painful backs elevate an enterprise in the Tech Belt Initiative
Source: Keystone Edge, 4/30/2009
Draw a picture of your perfect treatment for back pain on a napkin in a
bar, and people may ask when you also plan to start selling your home
remedy for the common cold. Do it at the Cleveland Clinic Spine
Research Lab and you are likely to have a $6 million startup rise from
the paper with a product line to enter clinical studies this summer.
Quantum Simulations honored for giving vision to distance learning
Source: Keystone Edge, 4/30/2009
Pittsburgh-based Quantum Simulations, the self-described "technology
think tank" that develops artificial intelligence software for tutoring
and assessing students and mentoring teachers, found itself at the head
of the hot-paced distance-learning industry again this week with
plaudits for its performance in providing online tutoring and help with
chemistry homework to students who are blind.
Nittany Polymedics nets $750K in funding, providing insight into current VC trends
Source: Keystone Edge, 4/30/2009
The Life Sciences Greenhouse will invest $750,000 in Nittany Polymedics, a spin-out of State College-based Polymics Inc., whose plans to design, develop, manufacture and distribute high-performance polymer-based products place it on the leading edge of prosthetic applications for medicine and dentistry.
Discovery Machine enables companies to capture the knowledge of experts
Source: Keystone Edge, 4/30/2009
How can a knowledge business avoid disaster when a bus kills its
smartest employee? Anna and Todd Griffith, founders of Discovery
Machine in Williamsport, anticipate that extreme scenario with software
and methods that capture the knowledge of an organization's
"subject-matter experts"--employees who know the most about a business
and implement its highest levels of skill.
University City Science Center launches proof-of-concept funding program
Source: Keystone Edge,Keystone Edge, 4/23/2009
In October of 2007, the CEO Council for Growth's study to identify opportunities to connect universities with industry for regional economic development cited a funding gap between research grants and seed money in life sciences technology.