HOME >> BIOLOGY >> NEWS
Developer of new method for treating bone defects wins WPI Entrepreneurship Award

WORCESTER, Mass. June 20, 2007 The founder of a biomedical company that has developed a polymer technology for treating bone defects has won the 2007 Kalenian Award from Worcester Polytechnic Institute (WPI). Albert G. Prescott II, a 1990 WPI graduate and president of Crescent Innovations in Worcester, will receive $25,000 to help further development and commercialization of the novel technology.

The Kalenian Award was established in 2006 by Alba Kalenian in memory of her late husband, inventor Aram Kalenian '33. Its purpose is to encourage innovation and entrepreneurship among WPI students, faculty, and alumni by providing seed funds to advance their ideas. Alba Kalenian says her husband believed "the highest and best use of a WPI education is to invent, and patent, then create an invention-based business and employ."

This award funds a single viable invention each year. Proposals are reviewed by Paul Kalenian, son of Aram and Alba, and McRae Banks, head of WPI's Department of Management and director of the university's Collaborative for Entrepreneurship and Innovation. The winner is selected based on the novelty of the invention, as well as its commercial potential and the likelihood of its success. The seed funds are designed to help recipient move their inventions toward commercialization.

Crescent Innovations Inc. was founded in 2000 to develop products to treat TMJ (temporomandibular joint) disorders, degenerative joint disease, bone disease, fractures, and more, using proprietary polymer technology. These state-of-the-art polymers are used to treat chronic and acute pain, along with controlled release/drug delivery products. The company has received a Phase I SBIR grant from the National Institutes of Health, and has worked with Fortune 500 companies.

"I cannot emphasize enough how important this award is to us at Crescent Innovations," Prescott says. "The technology we are developing to treat bone defects will ulti
'"/>

Contact: Michael Dorsey
mwdorsey@wpi.edu
508-831-5609
Worcester Polytechnic Institute
20-Jun-2007


Page: 1 2

Related biology news :

1. Cost-effective method for gene silencing is featured in Cold Spring Harbor Protocols
2. A new method of adult stem cell growth efficacious in treatment of disorders of the cornea
3. Purdue-IU researchers explore new method for early disease diagnosis
4. Sequencing method yields fuller picture
5. New imaging method clarifies nutrient cycle
6. Researchers discover method for identifying how cancer evades the immune system
7. Bioinformatics-related methods are featured in Cold Spring Harbor Protocols
8. New method for reading DNA sheds light on basis of cell identity
9. Nanoparticles hitchhike on red blood cells: a potential new method for drug delivery
10. Rutgers, Penn researchers capture research dollars to improve prostate cancer diagnostic methods
11. New screening method to help find better biofuel crops

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:7/31/2020)... SAN FRANCISCO (PRWEB) , ... July 30, 2020 ... ... Therapeutics’ maturing prescription digital therapeutics product portfolio with a near term focus on ... diverse biotech and pharma commercialization experience across multiple therapeutic areas and classes. As ...
(Date:7/18/2020)... ... July 17, 2020 , ... Commercial launch readiness is a critical ... discover a COVID cure or vaccine, the global economic downturn will only increase price ... not going away and capturing full value from every product launch is critical. However, ...
(Date:7/4/2020)... PHOENIX (PRWEB) , ... July 03, 2020 , ... ... is proud to earn outstanding recognition and multiple awards for not only the ... the ABM portfolio, SoME® Skincare and Vivace® Microneedle RF. All the brands built ...
Breaking Biology News(10 mins):
(Date:8/3/2020)... Ky. (PRWEB) , ... August 03, 2020 , ... Introducing ... products for transformative growth, , Known as MediVet Biologics since ... brand. , The new Ardent Animal Health will build on its base ...
(Date:7/31/2020)... ... July 29, 2020 , ... G-CON Manufacturing, the leader ... tagline, “BUILDING FOR LIFE.” The adoption of this taglines comes at a time ... track capacity to provide patients with urgently needed vaccines and other lifesaving pharmaceutical ...
(Date:7/31/2020)... ... 2020 , ... Anomet Products has introduced new custom composite ... with CRM, neurostimulation, vascular, and related devices. , Anomet Medical Clad Wire ... and cost criteria; especially where solid wire is limited. Typical configurations for implantable ...
(Date:7/31/2020)... ... July 29, 2020 , ... eSource has long been touted ... will cover the history of eSource, the reasons it did not take off as ... to site source, the industry is moving towards capturing data electronically for clinical trials ...
Breaking Biology Technology:
Cached News: