Navigation Links
Ann Arbor SPARK Receives $3.75M from Michigan's Company Formation & Growth Fund
Date:11/29/2007

Five Companies Receive Initial Funding to Retain Pfizer Assets, Talent

ANN ARBOR, Mich., Nov. 29 /PRNewswire/ -- Ann Arbor SPARK has been awarded $3.75 million by the state of Michigan through the 21st Century Jobs Fund. The Company Formation and Growth Fund, a state of Michigan loan fund with a low interest rate, is intended to encourage the retention of Pfizer assets and talent in the region. Job creation is vital for consideration for approval of funding through the Company Formation and Growth Fund.

"The Company Formation and Growth Fund provides the essential capital for jobs creation as well as support for start-up companies that can retain displaced Pfizer talent in our region," explained Michael A. Finney, Ann Arbor SPARK CEO. "Providing an economic catalyst for entrepreneurial growth is vital to our region's success; the Company Formation and Growth Fund's focus on creating new jobs for talented biotech professionals is an exciting opportunity."

Ann Arbor SPARK has distributed $1.5 million of the funds it received to five life science companies in the region:

-- Phrixus Pharmaceuticals, a heart repair pharmaceutical company based in

Ann Arbor that is focused on therapeutic drug discovery for heart

failure, was awarded $350,000.

-- Jackson-based TransPharm Preclinical Solutions, specializing in animal

infection studies and contract research studies to test new antibiotic

drugs, was awarded $400,000.

-- SensiGen LLC, based in Ann Arbor, was awarded $300,000, to support its

gene-based molecular diagnostics work.

-- Ann Arbor-based Lycera, Inc., awarded $400,000, develops small molecule

drugs for the treatment of psoriasis, rheumatoid arthritis, lupus and

cancer.

-- Integrated Nonclinical Development Solutions, Inc., based in Ann Arbor,

awarded $50,000, provide toxicology providing consulting and informatic

servic
'/>"/>

SOURCE Ann Arbor SPARK
Copyright©2007 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related biology technology :

1. New Competitive Intelligence Speakers Spark Interest in Pharmaceutical Conference on October 1-2 in NJ
2. Reclast(R) Receives US FDA Approval as First and Only Once-Yearly Treatment for Women With Postmenopausal Osteoporosis
3. Ciphergen Biosystems Receives Noncompliance Letter From The Nasdaq Stock Market
4. Indevus Receives Approvable Letter From FDA for VALSTAR(R) for Bladder Cancer Therapy
5. Anesiva Receives FDA Approval for Zingo(TM), a New, Innovative Product to Reduce Pain Associated with Needle Insertion Procedures in Children
6. IsoTis Receives FDA Clearance for Accell Family of Products
7. Actavis Receives Approval of Fentanyl Transdermal System in the U.S.
8. AGA Medical Corporation Receives FDA and CE Mark Approvals for the AMPLATZER Vascular Plug II
9. IDM Pharma Receives Not Approvable Letter for Mifamurtide (L-MTP-PE) for the Treatment of Osteosarcoma
10. XTL Receives Staff Letter From NASDAQ
11. XTL Receives Staff Letter From NASDAQ; XTL may Transfer its ADR Listing to the NASDAQ Capital Market
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/1/2009)... Human Genome Sciences, ...ects to have top-line results available on Monday,...Phase 3 clinical trials of BENLYSTA(TM) (belimumab...hematosus (SLE). , , (Logo: http://www.new... Senior management will host a conference call to ...
(Date:7/1/2009)...y 1 Gerresheimer AG, a,...ts for the pharma & life,science industry, ha...e not,part of the MDAX company,s core business, t... sale of the Technical Plastics segment Gerresheim...step in its focus on the core,business of pharma ...
(Date:6/30/2009)...rchers has modified chlorophyll from an alga so th...nnae of bacteria. The team was then able to determ... the first step to converting sunlight into energy... publishing an article on their research findings ...in the week starting 29 June. Leiden researcher Sw...
(Date:6/30/2009)...swire-FirstCall/ -- Zimmer Holdings, Inc. (NYSE: ...r 2009 sales and earnings conference call will be ... 23, 2009, at 8:00 a.m. Eastern Time. A news rele...vailable at 7:00 a.m. the morning of the conferenc...sed via Zimmer,s Investor Relations website at ...
Breaking Biology Technology:Human Genome Sciences to Host July 20 Conference Call to Discuss Top-Line Phase 3 Results for Benlysta(TM) (Formerly Lymphostat-B(R)) in Systemic Lupus Erythematosus 2Gerresheimer Sells Technical Plastics Business 2First step to converting solar energy using 'artificial leaf' 2
..., , , Library siRNA is available again... , Library siRNA is synthesised using patent... ion-exchange HPLC to >97% purity. The siRNA is an...ailed certificate of analysis and HPLC , an...s are ready for transfection, , and are pro...
..., , , For cleanup of DNA from PCR or ot... , , Application: , ... , Format: , Spin columns,... 124 samples, , , ..., , , Equipment req...
..., , , Petra Majlingov, Paolo Paroncini... Armando Gabrielli , Laboratorio di Medici...dattico , Scientifico, Ancona, Italy , ...uctures that resist denaturation makes , GC...article demonstrates , how a "difficult" GC...
..., , , High-quality short interfering R...ene silencing in eukaryotic cell culture by target...ffect, termed RNA interference (RNAi), enables tar...cs studies. Now, QIAGEN offers a custom , s...es a range of modifications , and also libr...
Other Biology Technology:Successful PCR amplification and subcloning of a GC-rich DNA fragment 2Successful PCR amplification and subcloning of a GC-rich DNA fragment 3Successful PCR amplification and subcloning of a GC-rich DNA fragment 4Successful PCR amplification and subcloning of a GC-rich DNA fragment 5Custom and library siRNA for efficient gene silencing 2Custom and library siRNA for efficient gene silencing 3Custom and library siRNA for efficient gene silencing 4Custom and library siRNA for efficient gene silencing 5
(Date:7/1/2009)...s: For the first time, scientists have shown that ... 90% of IVF embryos, even those produced by young,...nt in the Centre for Human Genetics and the Univer... told the 25th annual conference of the European S...(Wednesday July 1), that the surprising finding me...
(Date:6/30/2009)...ntemporaries postulated that food consumption in b...hat is, animals would eat as much as they could wh...ng as this would allow them to. However, recent r..., energy intake reaches a limit, even in animals w...es. Scientists at the Research Institute of Wildli...
(Date:6/30/2009)...ntial of forest biotechnology to help address sign...strangled at birth" by the rigid opposition of som... even the testing of genetically modified trees, s... taken to create a regulatory environment that con... case-by-case basis, and is focused on the end pro...
(Date:6/30/2009)...ics yet, according to a new study 1 which shows t...e difference between ,good, and ,bad, paintings. A...niversity in Japan, pigeons use both color and pat...d by humans, as well as their texture. Professor ...Springer,s journal, Animal Cognition . , The co...
Breaking Biology News(10 mins):Chromosomal problems affect nearly all human embryos 2Chromosomal problems affect nearly all human embryos 3Key to evolutionary fitness: Cut the calories 2Anti-biotech groups obstruct forest biotechnology 2Anti-biotech groups obstruct forest biotechnology 3A bird's eye view of art 2MedicalCharting com Launches EMR Softwaret Solution with CCHIT Certified EHR Software 46734 1MedicalCharting com Launches EMR Softwaret Solution with CCHIT Certified EHR Software 46734 2MedicalCharting com Launches EMR Softwaret Solution with CCHIT Certified EHR Software 46734 3Julie Gerberding and Hiromitsu Ogawa Join Accordia Board 46731 1Julie Gerberding and Hiromitsu Ogawa Join Accordia Board 46731 2An International Design Team has Been Selected for an Iraqi Hospital to Transform Healthcare in the Middle East 46728 1An International Design Team has Been Selected for an Iraqi Hospital to Transform Healthcare in the Middle East 46728 2Tips from the American Journal of Pathology 8535 1Tips from the American Journal of Pathology 8535 2Tips from the American Journal of Pathology 8535 3Tips from the American Journal of Pathology 8535 4Tips from the American Journal of Pathology 8535 5
...vised by MIT engineers may one day help physicians...owth. , The technique allows nanoparticles to grou...s with enough of a magnetic signal to be detectabl..., The work appears as the cover feature in the May... one of the world,s leading chemistry journals. ,...
...have located the gene that controls the colour of ...ple varieties. , "The red colour in apple skin is ...ounds responsible for blue and red colours in many... Plant Industry research team, Dr Mandy Walker. ,...ing," she says. "If fruit doesn,t look good, consu...
... the rate of increase in carbon dioxide emissions ...the co-Chair of the Global Carbon Project, CSIRO M...aupach, 7.9 billion tonnes of carbon were emitted ...the rate of increase is accelerating. , "From ...issions was more than 2.5 per cent per year, where...
...n therapy drastically reduces the infection rate o...patients with compromised immune systems. The find...f Nature Medicine, originate from a study conducte...pital, and Texas Children,s Hospital. , The journ...1 trial, funded by the National Heart, Lung, and B...
Other Biology News:MIT nanoparticles may help detect, treat tumors 2Found -- the apple gene for red 2Increase in carbon dioxide emissions accelerating 2Three-in-one virus killer prevents common, often fatal infections 2
Troponin I (22B11)
...a low freezers , Ultima II Series ,Devel...a II represents the finest, most enhanced ultra-lo...nd blood bank configurations, each Ultima II freez...trol system with built-in voltage boost and surge ...
0-10 psi precision pressure regulator and pressurized syringe holder for any researcher who needs: Faster liquid-switching Steady flow rate Microinjecting Fine microliter delivery Small pipette
BspT107 I (HgiC I, Ban I) from Takara Mirus Bio
Biology Products: