Life Sciences
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Amgen sales rise to $4.2B in 3Q
Thousand Oaks, Calif.–based Amgen, one of the world’s largest biotechnology companies, saw revenue rise 9.5 percent to $4.3 billion in the three months ended Sept. 30 from $3.9 billion during the same period in 2011. more
| 10/24/12
Nabsys lands $20M in Series D round
Nabsys Inc., a life sciences company focused on the creation of a single-molecule platform for genomic analysis, has closed a $20 million Series D financing round, the company announced Wednesday. more
Covidien lands FDA approval for stapling system
Medical device maker Covidien PLC landed 501(k) clearance by the U.S. Food and Drug Administration for its reusable iDrive Ultra powered stapling system. more
URI professor lands $703K from Pfizer for vaccine project
University of Rhode Island Professor Kerry L. LaPlante has been awarded a $703,000 grant from the Pfizer Medical Education Group. more
| 3/25/13
R.I. medical tech industry building community
On Wednesday evening, Stephen Lane - chairman, chief venture officer and co-founder of Ximedica - played host to a diverse group of more than 40 members of Rhode Island's emerging med-tech community to discuss strategies to enhance connectivity and collaboration. more
AMT ‘patch’ may depend on next president
(Editor’s note: This is the second in a three-part series on tax-planning considerations and strategies for tax year 2012.) more
10/29/12
EDC approves Alexion tax cut
The R.I. Economic Development Corporation approved a corporate tax cut Monday night for Alexion Pharmaceuticals under the state’s Jobs Development Act. more
Med. device makers say tax will hurt
Local medical-device makers stop short of predicting layoffs or outsourcing, but say the 2.3 percent tax on medical-device sales included in the U.S. health care law will certainly be a competitive disadvantage, which could indirectly lead to job losses. more
RIC lands $250K for science lab renovation
The Rhode Island College Foundation has landed a $250,000 grant from the Champlin Foundations to help support the renovation of the human anatomy laboratory in the Fogarty Life Science Building. more
| 11/29/12
Brown strikes IP agreement with hospital systems
Brown University’s Technology Venture Office has reached an agreement with Lifespan to provide IP management and commercialization services to the health care system and has expanded its existing relationship with the Care New England hospital network, the university announced Monday. more
| 3/25/13
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