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McMinnville Economic Development Partnership http://www.mcminnvillebusiness.com/precision-analytical-testing-the-why Imagine working with pee all day. Now imagine loving it. Imagine devoting your life to dried urine because here’s the thing: it can improve people’s lives based on how hormones are relating inside the body. That’s what Mark Newman and his partner Andrew Tyssen set out to do when they began Precision Analytical Inc, a company that promises “simply better testing”. They offer just that with a test utilizing dried [...]
Elizabeth Hayes, Staff Reporter, Portland Business Journal An Oregon Health & Science University neuroscientist was awarded $2.3 million in federal funding to further her cutting-edge research into chronic pain. Mary Heinricher will receive the funding from the Jacob Javits Neuroscience Investigator Award over seven years to advance her research into light sensitivity in people with chronic pain and the implications for opioid use. Read more at bizjournals.com.
Elizabeth Hayes, Staff Reporter, Portland Business Journal For people with Type 1 diabetes, the more blood-glucose monitoring they can do, the better. But pricking a finger and drawing blood up to 20 times a day is both painful and inconvenient. Continuous glucose monitoring devices exist currently, but none is noninvasive — they still require a sensor to be inserted under the skin. But what if you could monitor your glucose levels with a wearable device, [...]
Elizabeth Hayes, Staff Reporter, Portland Business Journal MolecularMD, a Portland-based diagnostics company, has raised $2 million, according to a filing with the U.S. Securities and Exchange Commission. The company works with academic research centers such as Oregon Health & Science University to license new cancer biomarkers. It also has contracts with all the major global pharmaceutical companies to help bring new drugs through clinical trials and to market. Read more at bizjournals.com
Sonivate is hoping the final outcome will save lives on the battlefield. Elizabeth Hayes, Staff Reporter, Portland Business Journal Portland-based Sonivate Inc. received a $2.5 million contract from the U.S. Army to develop a wireless ultrasound system for battlefield use, building on work the company's previous success with a finger-mounted probe. The new contract began about two weeks ago and will span a two-year period, Sonivate President and CEO Jim Hatlan said. He expects to be [...]