LONDON and WOODCLIFF LAKE, N.J., Oct. 14, 2020 /PRNewswire/ — Ori Biotech Ltd (Ori), a leading innovator in cell and gene therapy (CGT) manufacturing, today announced the successful close of a $30 million Series A financing round, bringing the company’s total funding to date to $41 million. The new funding will be used to help bring Ori’s innovative manufacturing platform to the market. The Ori platform delivers scalable solutions to flexibly address the critical clinical and commercial manufacturing needs of CGT developers.
The Series A investor syndicate was led by the experienced life sciences investment team at Northpond Ventures, a leading global science, medical, and technology-driven venture fund, alongside Octopus Ventures, a leading European venture fund. Northpond and Octopus invested alongside significant support from Ori’s existing institutional investors, Amadeus Capital Partners, Delin Ventures, and Kindred Capital.
“Closing a significant Series A round, during these uncertain
The Hon Karen Andrews, Minister for Industry, Science and Technology is opening the Translational Research Institute’s (TRI) new state-of-the-art clinical cleanroom manufacturing and training facility, T3 Cleanrooms, and the inaugural MTPCareers Symposium on Wednesday 14 October 2020.
The new cleanroom facility will help significantly speed-up the translation of Australian medical innovations into clinical practice, and will be available to researchers, start-ups and companies to manufacture sterile products on a small scale.
Professor Scott Bell, CEO of the TRI says the T3 Cleanroom facility is the outcome of a successful partnership with Australian biotech, Vaxxas Pty Ltd, to secure funding from MTPConnect to build clinical manufacturing and training capacity.
Based in dedicated commercial space at TRI, Vaxxas worked with us to identify a critical gap in medtech manufacturing and skills for companies needing to scale-up production for clinical trials, which led TRI
What if there were Olympic events that weren’t physical, but were focused instead on completely geeking out on super-cool breakthrough technologies for real-world aerospace and defense challenges? Even better, what if they offered prize money totaling nearly a million dollars?
Now there are just such events, thanks to the U.S. Air Force’s Rapid Sustainment Office (RSO). In fact, participants in five such Olympic “sports” (or Technical Challenges, as the RSO calls them) have already been competing over the past few months. Those competitions will culminate when the winners are announced during next week’s four-day Advanced Manufacturing Olympics. This virtual conference runs from October 20-23, and features technology demonstrations, expert speakers from both industry and the military, virtual networking opportunities, and the awarding of prized for those Technical Challenges mentioned above.
Mumbai: Johnson & Johnson today announced that it is accepting applications for its 2021 Women in STEM2D (WiSTEM2D) Scholars Award, aimed at supporting assistant or associate academic professors in the disciplines of Science, Technology, Engineering, Math, Manufacturing and Design. For three years, each recipient will receive mentorship from leaders at Johnson & Johnson and a total $150,000 ($50,000 each year). The deadline for applications is Oct. 15, 2020 at 9 a.m. HST, and guidelines and additional details are available here: https://www.jnj.com/wistem2d-university-scholars.
Launched in June 2017, the Johnson & Johnson WiSTEM2D Scholars Award aspires to fuel development of female STEM2D leaders, and inspire career paths in STEM2D, by supporting the research of the awarded women in their respective STEM2D fields.
Dr. Naama Geva-Zatorsky, one of the 2019 winners of the Johnson & Johnson WiSTEM2D Scholars Award, along with her team of researchers at the Technion – Israel Institute of Technology, have
Electrical engineers, computer scientists and biomedical engineers at the University of California, Irvine have created a new lab-on-a-chip that can help study tumor heterogeneity to reduce resistance to cancer therapies.
In a paper published today in Advanced Biosystems, the researchers describe how they combined artificial intelligence, microfluidics and nanoparticle inkjet printing in a device that enables the examination and differentiation of cancers and healthy tissues at the single-cell level.
“Cancer cell and tumor heterogeneity can lead to increased therapeutic resistance and inconsistent outcomes for different patients,” said lead author Kushal Joshi, a former UCI graduate student in biomedical engineering. The team’s novel biochip addresses this problem by allowing precise characterization of a variety of cancer cells from a sample.
“Single-cell analysis is essential to identify and classify cancer types and study cellular heterogeneity. It’s necessary to understand tumor initiation, progression and metastasis in order to design better cancer treatment
In May Patently Apple posted a report titled “The Indian Government has dropped Contentious Clauses in their new ‘Production Linked Incentive’ Program that could be Positive for Apple.” In order to gain from the new Incentive in India, Smartphone companies had to invest in the country in order to tap into the scheme. In late June we reported on Foxconn making a huge investment in an iPhone plant in India. Last week we reported that Pegatron was going to open a plant supporting Apple’s supply chain for cases in 2021 (2 reports, 01 & 02). In August we reported that Wistron was hiring for its third iPhone plant.
Today we’re learning that the Indian government has stated that “it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron.” The companies invested as requested and
Exploring the impact emerging digital technologies will have on businesses, especially manufacturing businesses, will be explored at the second annual Digital Futures Conference hosted online by Case Western Reserve University and the Innovation Research Interchange from Oct. 12-15.
Digital technologies such as 5G telecommunications and the Internet of Things that have the potential to create smart machinery will be discussed in interactive learning sessions and case studies by thought leaders from around the world.
One of the conference organizers, Youngjin Yoo, professor of information systems at CWRU’s Weatherhead School of Management, said in a telephone interview that the need for companies to use digital technologies to change is becoming more evident every day.
“The pandemic is turning a chronic problem into an acute problem,” said Yoo, who is overseeing the digital transformation efforts at University Hospitals of Cleveland. “Those companies who are not adapting to the digital environment are accelerating
BOSTON – Today, the National Science Foundation (NSF) announced a new ‘Future of Manufacturing’ grant of $499,955 awarded to a collaboration of Massachusetts organizations, which will help the region’s manufacturers pivot their operations to address emerging crises. The project, called ‘Rapid Execution for Scaling Production Of Needed Designs’ or RESPOND, will create a diverse network of transdisciplinary stakeholders across academia and state government that will support and sustain critical ‘super nodes’ that will boost communication between organizations, help accelerate product development, and drive increased manufacturing capacity to address crises like the ongoing COVID-19 pandemic.
Announced on National Manufacturing Day, the grant will be led by UMass Lowell in collaboration with Worcester Polytechnic Institute (WPI), the Massachusetts Institute of Technology (MIT), and the Massachusetts Technology Collaborative (MassTech), a public economic development agency, to develop a crisis-resilient manufacturing network. The grant will help the Commonwealth of Massachusetts build on the success of
Technavio has been monitoring the truck axle market and it is poised to grow by USD 0.55 billion during 2020-2024, progressing at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200930005954/en/
Technavio has announced its latest market research report titled Global Truck Axle Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19
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SANTA MONICA, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) — Today, the nation’s largest advanced manufacturing event – composed of Automation Technology West (ATX), Medical Design & Manufacturing (MD&M) West, Pacific Design & Manufacturing (D&M), PLASTEC West, and WestPack – announced the 2021 edition of the conference and exhibition – historically slated for the February timeframe – will now be held August 10-12, 2021 at the Anaheim Convention Center in Anaheim, California.
Backed by key stakeholders and partners, the decision to schedule the event at a later date follows careful consideration from event organizers, Informa Markets – Engineering, with the community top of mind. The 2021 edition will feature the full comprehensive program including Center Stage, Design Dome, Tech Theater, dynamic panel discussions, live demonstrations, expert speaker