Yale Announces New Biotech Firm

Yale Announces Formation Of Valuable New Biotechnology Firm That Could Help Boost New Haven-Area Economy

Yale Reaches Top National Ranking In Technology Transfer

New Haven, Conn. -- Yale University today announced an agreement to help launch Molecular Staging Inc. (MSI), a promising new biotechnology firm that will be located in the New Haven area. The company has acquired from Yale innovative genetic technologies that could revolutionize medical diagnostics, according to Gregory E. Gardiner, director of Yale's Office of Cooperative Research (OCR).

MSI, which initially plans to hire 20-30 people and to occupy 10,000 square feet of laboratory space, is the fourth biotechnology company based on Yale research discoveries to be launched this year, Gardiner said. He added that he hopes to maintain a pace of launching three or four new companies each year and is already far along with planning for the next group.

"Yale is taking a more active role in forming start-up companies in an effort to make sure the New Haven area reaps economic benefits from the University's research," said Gardiner, whose office is responsible for promoting development of Yale discoveries by the private sector. "Aside from creating jobs for about 70 people, the four companies are developing technologies that have the potential to significantly benefit human health throughout the world."

The firms are developing diagnostic tests for diseases ranging from Lyme disease to prostate cancer, refining techniques for locating genetic defects on chromosomes, studying receptors in the brain associated with chronic pain, and analyzing population genetics to unravel the causes of diseases that involve defects in multiple genes.

MSI, which is developing new methods important in diagnosing cancer and deadly viruses, is based on the research of a number of Yale scientists, said Acting President Michael I. Sherm

Contact: Cynthia Atwood
Yale University

Page: 1 2 3 4

Related biology news :

1. UV Rays, Fire And Flame Retardants To Be Reviewed For Possible Listing As Carcinogens, NTP Announces
2. American Heart Association Announces Top 10 Research Advances For 1998 -- Gene Therapy Among The List
3. Science Announces Top Ten Research Advances Of 1998
4. AAAS Announces The Winners Of Its Science Journalism Awards
5. Fred Hutchinson Cancer Research Center And Targeted Genetics Announces Issuance Of Braod Patent Covering Antigen-Specific T Cell Expansion
6. International Research Team Announces Discovery Of Two Species Of Feathered Dinosaurs
7. AAAS Announces Science Journalism Award Winners
8. The American Phytopathological Society Announces 1997 Awards
9. Nanosphere announces genetic detection advance in Nature Biotechnology
10. Leroy Hood to receive 2004 Biotechnology Heritage Award
11. Christopher Walsh wins 2004 Promega Biotechnology Research Award

Post Your Comments:

(Date:7/10/2020)... (PRWEB) , ... July 08, 2020 , ... ... on Cell and Gene Therapy Regulation, An FDAnews Webinar, Wednesday, July 22, 2020 ... a comparability study, but what is the most effective way to complete one? ...
(Date:7/2/2020)... (PRWEB) , ... July 02, ... ... Biology Systems, B.V. (MBS) has announced a publication detailing the use of ... reverse transcription polymerase chain reaction (RT-PCR) in 16 minutes. The article, titled ...
(Date:6/28/2020)... ... June 25, 2020 , ... In an upcoming episode ... in accelerated Point of Care Testing solutions (POCT). Check local listings for more info. ... at medical offices and are shipped to labs throughout the country. Results are then ...
Breaking Biology News(10 mins):
(Date:7/31/2020)... (PRWEB) , ... July 29, 2020 , ... ... reliable, solid-state radar transmitter systems that can be configured to drive Klystrons, TWTs, ... controller that can drive one or two switches in a push-pull configuration; yielding ...
(Date:7/31/2020)... and SOMERSET, N.J (PRWEB) , ... July 29, ... ... genome editing company, and Catalent, the leading global provider of advanced delivery technologies, ... health products, today announced that they have entered into a strategic partnership whereby ...
(Date:7/31/2020)... ... July 29, 2020 , ... ... the top radiation centers in 16 countries, has reached its 20th anniversary of ... now in routine use at top universities including University of Pennsylvania, University of ...
(Date:7/22/2020)... ... July 22, 2020 , ... Join experts from Reed Tech , Gary ... in a one hour live webinar on Thursday, August 13, 2020 at ... drugs and medical devices. Specifically, for medical devices, the NMPA has departments dealing with ...
Breaking Biology Technology:
Cached News: