Network World yesterday broke some really fascinating news out of Japan: namely, that researchers at Toyota (yes, the car manufacturer) and others have developed a brain-machine interface (BMI) system that allows wheelchair-bound patients control of their transportation through their thoughts.
Researchers claim that the system processes brain thought patterns and can translate them into movement in [...]
FierceBiotech today released its annual Fierce 15 list of the top fifteen emerging biotech companies, and editor John Carroll’s commentary on this year’s selection process was a bit surprising. In contrast to his initial fear, he says it was unexpectedly easy to find the top outfits, even given the rather disheartening state of the [...]
News about medical imaging seems to be on the rise. As noted in one of our posts last week, Congress recently sent a bipartisan letter to the president urging continued support for policies that promote medical imaging. And this week medical imaging is making headlines again with news of a new biomarker for predicting responses [...]
More imaging news today: as the Obama administration works toward revamping the healthcare system and momentum continues to build, a new bipartisan letter from 57 members of Congress today went to the President expounding on the benefits of medical imaging. Inside, they claimed that each $1 spent on imaging services correlates to approximately $3 in [...]
The Wall Street Journal published an alternative view of the ramifications of the auto industry meltdown today with a look at suppliers diversifying into new markets in the hopes of maintaining revenue. And in some cases, this means medical devices. We’ve had the opportunity to get our hands on a few different research [...]
Arizona-based MedApps late last week announced FDA approval of its HealthPAL wireless remote monitoring system. Designed to link patients with their doctors more efficiently through convenient and timely transmission of personal health data, HealthPAL is a portable personal health device that collects readings from glucose meters, blood pressure monitors, weight scales and pulse oximeters, and [...]
A Cambridge-based biopharma, developing a revolutionary class of drugs called Stapled Peptides, received some major backing from big pharma today. Fierce Biotech reported that Aileron Therapeutics landed $40 million in Series D funding from the venture arms of four of the world’s biggest pharma companies, including SR One (the corporate venture fund of GlaxoSmithKline), Novartis [...]
Newton, MA-based Life Image Inc. landed in the news this week for a $2.2 million round of funding as reported by Mass High Tech. The company calls itself the “Universal Imaging Inbox” on its website, and it certainly doesn’t look too hard to understand the value of its technology. The startup’s web-based applications and services [...]
Everyone likes a great idea, and some have more resources to foster them than others. In a move that pits big business against academia which he termed prone to “academic snobbery”, GlaxoSmithKline Chief Executive Andrew Witty said this week that the company is considering adding new facilities at its main research sites aimed at [...]
Medford based Ancora Pharmaceuticals, former winner of the prestigious 2002 Robert P. Goldberg Business plan contest at MIT, announced this week that the National Institutes of Health (NIH) has awarded the company a $530,000 Phase 1 Small Business Innovation Research grant. The grant supports Ancora’s efforts to develop a vaccine to prevent malaria anemia. [...]