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Wisconsin won't get Georgia biotech without a fight

Madison, Wis. - Wisconsin officials and investors who are trying to come up with the financing that will enable a Georgia life science firm to relocate here have a fight on their hands.

And that's because Georgia is not simply willing to let go of Aruna Biomedical, an Athens, Ga. business that produces neural stem cell kits for researche......

Full article >>> genitors and the reagents needed to both proliferate and differentiate them into cultures of neural cells. The cells and proliferation media are used by biomedical researchers looking to develop therapies for neurological diseases and spinal cord injuries.

One of the reasons the company would relocate to Wisconsin is to take advantage of synergies from stem cell research at the Ernst & Young, LLP and Dow Jones Venture CapitalOne. Wisconsin also raised $19 million in angel investments in 2005, according to NorthStar Economics, Inc.

Both state gov......

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Source:wistechnology.com By Joe Vanden Plas 02/06/07


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