- Demand accelerated from healthcare providers as more than 11,000 ordered their initial Cologuard test during the third quarter, and nearly 132,000 have ordered since the test was launched - Gross margin increased 320 basis points to 75 percent - Exact Sciences now has in-network contracts with...
Stratatech is starting a test of its StrataGraft skin tissue to see how well it works on children who have suffered serious burns. It’s the first time the Madison company — a subsidiary of British-based Mallinckrodt Pharmaceuticals — will study the use of its engineered skin...
Madison is No. 14 among the top 20 “tech towns” in the United States, a study by CompTIA says. “This college town is making significant strides toward becoming a center for technology,” says the report, released Tuesday and based primarily on job postings between August 2017...
Cities often recognize the best and brightest. They promote the most influential, the most successful, the most powerful and the most glamorous. Yawn. Madison is home to a strikingly rich population of innovators, creators, doers and dreamers. They are thinkers and makers driven by curiosity and...
An engineering research team at UW-Madison has invented a device which could dramatically speed up drug development. Faraz Choudhury is a post-doctoral researcher in the College of Engineering, and a co-founder of Immuto Scientific. The startup’s device automates complex protein analysis as part of the drug...
Xconomy Wisconsin — Invenra, a Madison, WI-based startup that develops therapeutic antibodies for pharmaceutical companies and other clients, has raised more than $7.1 million from investors, according to a regulatory filing. Twenty-three investors participated in the equity funding round, according to the filing, which was made public...
Via Wisbusiness.com The number for overall economic output activity from direct, indirect and induced sources is even higher -- nearly $48 billion. The report, compiled by Baker Tilly, was commissioned by BioForward. It updates numbers from a 2015 report on the same subject, which relied on information...
UW-Madison's Forward BIO Institute has been awarded $5 million from the National Institutes of Health for tissue manufacturing. The grant was announced yesterday at the Biohealth Summit by Professor Bill Murphy, the institute's director. "This is a unique public-private collaboration that's committed to advancing the global biomanufacturing...
The recently announced Forward BIOLABS will serve as a landing place for startups, many of which will come out of UW-Madison research. That’s according to co-founder Jessica Martin Eckerly. She says the nonprofit’s goal is to establish a fully equipped life sciences laboratory for early-stage companies,...
Arrowhead Pharmaceuticals says it has reached a licensing and collaboration agreement with Janssen Pharmaceuticals that will bring the company $250 million to start and ultimately could be worth as much as $3.7 billion. Janssen will get the worldwide exclusive license for ARO-HBV, a drug that treats...
An eight-year quest to find the cause of a disease has apparently ended now that scientists at UW-Madison have identified the mutations that produce a form of myelofibrosis, a rare genetic blood disorder. Mutations in a protein that controls the production of blood platelets appear to...
Ten winners winners were honored from the thirty-three finalists and more than 350 nominees during the 2018 Wisconsin Innovation Awards at the Wisconsin Union Terrace. The ceremony, emceed by local entrepreneur and Filament Games Vice President of Sales, Jennifer Javornik recognized the state’s most innovative products...