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Roche to buy disease research company

By News Archive

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The Swiss pharmaceutical giant Roche is set to pay $450 million for a Danish biotech company that develops drugs that silence microRNAs (something considered key to tackling certain diseases).

Roche is targeting the Danish biotech firm Santaris Pharma, according to The Wall Street Journal. Santaris Pharma A/S is a biopharmaceutical company founded in 2003 in Copenhagen. Santaris Pharma A/S has become a leading clinical-stage biopharmaceutical company that develops RNA-targeted medicines. Santaris works on developing drugs for a wide range of diseases using microRNA and mRNA. Their research focuses on infectious disease and metabolic disorders.

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Medtronic’s Attain Performa Quadripolar Lead and Viva Quad CRT-D Now FDA Approved

By News Archive

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The FDA has given Medtronic approval to introduce its Attain Performa Model 4298 quadripolar lead and the Viva Quad XT and Viva Quad S cardiac resynchronization therapy defibrillators (CRT-D) in the U.S.

Having four electrodes on a lead allows cardiologists to select from any one of 16 available pacing configurations. Additionally, the short distance between the inner two electrodes provides more ability to finely tune CRT-D therapy.

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Lily Qi: Leading like a true American|Chinese Community Leaders|chinadaily.com.cn

By News Archive

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A few days after their state’s primary elections, Chinese-American community leaders in Maryland woke up to an email in their inboxes.

It was from Lily Qi – director of special projects for the government of Montgomery County, an affluent suburb of Washington – thanking them for their support in the reelection campaign of County Executive Ike Leggett, whose primary victory cleared the way for a third term.

“In a low turnout election like this one, every vote counts and the immigrant community holds great sway in tipping the balance,” Qi said in her note. Throughout the campaign, Qi had tirelessly reached out to the Chinese-American community, which accounts for 5 percent of

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Venture capitalists pouring money into digital health – Modern Healthcare

By News Archive

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Wall Street may or may not be going through its long-awaited correction these days, but regardless, it still seems to have a hearty appetite for digital health initial public offerings. That appetite is provoking venture capitalists to fund ever-more startups. Through June of this year, $2.3 billion has been sunk into digital health offerings compared with $2 billion in all of 2013, reports digital healthcare accelerator Rock Health.

“We think there’s going to be four to five IPOs each year for the next five years.” said Steve Kraus, the lead healthcare partner at Bessemer Venture Partners, Cambridge, Mass.

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The Corporate Venture Capital Boom – Inc.com

By News Archive

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As a small company, you have a number of things going for you because of your size: You’re agile. You can react quickly to market changes. You can still innovate on a whim.

Big businesses know this all too well, which helps explain what’s driving an increase in the number of corporate venture capital arms cropping up in the past few years. If the old chestnut is correct, a rising tide floats all boats. So as the economy recovers and some sectors like technology seem like they’re heading toward irrational exuberance, corporate VC firms are eager to get in on the action. 

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Almost one in six doctor visits will be virtual this year – Computerworld

By News Archive

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With an aging Baby Boomer population and broadband bandwidth improved a hundredfold from a decade ago, telemedicine is exploding as a convenient and less costly alternative to the traditional visit to the doctors’ office.

This year in the U.S. and Canada, 75 million of 600 million appointments with general practitioners will involve electronic visits, or eVisits, according to new research from Deloitte.

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Forbes Names University of Maryland, College Park One of American’s Top 50 Most Entrepreneurial Universities – UM Ventures

By News Archive

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In the August 18, 2014 issue of Forbes Magazine, the University of Maryland, College Park was ranked as one of the nation’s most entrepreneurial research universities. These rankings are based off of the number of alumni and students who have identified themselves as founders and business owners on LinkedIn against the school’s total student body which includes undergraduates and graduate combined.

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More Michigan colleges use crowdfunding for research – The Detroit News

By News Archive

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Linda Wittbrodt was perusing Michigan Technological University’s website when she stumbled across a faculty project seeking funds to teach senior citizens online skills.

Wittbrodt thought that was cool, so she donated $25 through a new approach the Upper Peninsula university is using: pitching of an idea online and asking people to make a donation, a strategy known as crowdfunding.

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