Boot camp offered for entrepreneurs looking to take funding step

Purdue faculty, staff, students and collaborators can learn about what's needed to launch a company at the university's third annual Company Fund Raising Boot Camp on Oct. 13-14 in Discovery Park.

Michael Birck, chairman and founder of telecommunication giant Tellabs Inc. and a Purdue trustee, is the keynote speaker for the event at the Burton D. Morgan Center for Entrepreneurship, Room 121. Birck's talk, "Founding and Growing a Company," is at noon Oct. 13.

From discovery to delivery: Purdue, alumni establish fund to help entrepreneurs move university discoveries to market

Purdue University leads the Big Ten in moving its discoveries from the laboratory to the marketplace, and with a new program and support of Purdue alumni, it stands to do even better.

"Not only is Purdue first in the Big Ten for filing patents and starting new companies, but we are third in the nation behind the University of California and the University of Utah for our respective technology transfer statistics" said Joseph B. Hornett, senior vice president, treasurer and COO of the Purdue Research Foundation, which oversees Purdue's Office of Technology Commercialization. "In 2007, Purdue had 10 startup companies based on Purdue University technologies. In 2006, we had 14 startup companies from discoveries made at Purdue.

International Beryllium and Purdue officials announce collaborative agreement to advance research into safer, more efficient nuclear fuels

International Beryllium Corp. and Purdue University officials announced a collaborative prelicense agreement to develop a new type of fuel for nuclear reactors that is longer lasting and more efficient than current fuels.

The objective of the prelicense agreement is to support the development an enhanced beryllium oxide nuclear fuel for commercial use in current and future nuclear power reactors.

Purdue Research Foundation announces 10 new companies formed from Purdue University discoveries

Purdue Research Foundation's Office of Technology Commercialization announced Friday (July 25) that 10 new startup companies were formed from Purdue University-licensed technologies.

The Office of Technology Commercialization reported that the companies were launched in the fiscal year running from July 2007 to June 2008. The office's technology transfer managers work with Purdue researchers in moving their discoveries into development and delivery through viable commercial enterprises. Most of the companies are in the fields of medical devices, life sciences, information technology, agriculture, advanced manufacturing, telecommunication and engineering design.

Purdue will highlight life sciences teamwork at global BIO 2008

A delegation from Purdue's Discovery Park and the Purdue Research Park will join global leaders next week at the BIO 2008 International Convention, showcasing how they are working together at the state, national and international levels to help heal, fuel and feed the world.

Slated for June 17-20 at the San Diego Convention Center, the annual event, sponsored by the Biotechnology Industry Organization, is expected to draw 20,000 corporate executives, researchers, government officials and venture capitalists for three days of networking and learning.

New technology could help prevent fractures in horses

Researchers are developing a monitoring system similar to those used by earthquake seismologists to detect tiny cracks in bones, a technology that could help prevent fractures in humans and racehorses.The new monitoring system records "acoustic emission data," or sound waves created by the tiny bone fissures. The same sorts of acoustic emissions are used to monitor the integrity of bridges, other structures and mechanical parts like helicopter turbine blades, said Ozan Akkus, an associate professor in Purdue University's Weldon School of Biomedical Engineering.

'PRF DataStation' provides secure, expanded network of information technology services

Purdue Research Foundation officials announced Tuesday (May 20) a high-security "PRF DataStation" that will provide the necessary network of information technology needs for new and growing companies.

The energy-efficient center is a network carrier in a single location that provides fiber-optic connections where clients can lease cabinets or space within cabinets to house their network servers and other information technology equipment.

Three companies based on Purdue research to explore venture capital opportunities in Silicon Valley

Three Indiana companies launched from research developed at Purdue University have won the opportunity to make formal presentations for funding from venture capital firms in Silicon Valley in mid May.

Moerae Matrix LLC, Kylin Therapeutics Inc., and Events 180° LLC were picked from several businesses that participated in the Fund Raising Boot Camp last October at Discovery Park's Burton D. Morgan Center for Entrepreneurship. Through their selection, camp sponsor Lonergan Partners will finance transportation and other arrangements for the trip to California on May 12-14.

Police beefing up presence for Purdue Grand Prix weekend

Purdue University police are gearing up for the big weekend on campus by providing extra officers at different events throughout the week.

The Purdue Grand Prix and the Purdue Black & Gold spring football game are scheduled for Saturday (April 19), and events such as a concert on Wednesday (April 16) and a concert/carnival on Friday (April 18) also are taking place.

Endocyte announces license agreement with R&D Biopharmaceuticals for the development of targeted tubulysin chemotherapeutic agents

Endocyte Inc. announced Tuesday (Jan. 15) that it has entered into an exclusive license agreement with R&D Biopharmaceuticals for the use of tubulysin anticancer agents with Endocyte's proprietary drug conjugate platform.  

Tubulysins are a new class of natural, highly potent investigational anticancer agents shown to destabilize microtubules and induce cell death. The agreement resulted from an existing research collaboration between the two companies to develop folate-tubulysin conjugates for the treatment of cancer.

New smart tire senses damage, increases safety

A new type of "smart" tire developed by a Purdue University professor is able to sense damage when a tire goes flat or loses treads, making it safer for road travel.

The tire's technology also can be used to detect impending defects before a tire is mass produced.

A team led by Gary W. Krutz, director of Purdue's Electrohydraulic Center and a professor of agricultural and biological engineering, has developed a tire system that senses failures in real time. The concept behind the technology is that the entire tire acts as a sensor that sends information to onboard computers.

Purdue Research Park company receives $5 million production contract to develop component for world's largest telescope

Zeeko Technologies LLC, a Purdue Research Park-based company, announced that its sister company, Zeeko Ltd., was awarded a $5 million contract to develop a component to be used on the world's largest telescope.

The component, a polishing machine, will be used to finish the mirrors for the European Southern Observatory's Extremely Large Telescope (E-ELT) project. The observatory is a proposed member to operate a new generation of astronomical telescopes, envisioned to dwarf the world's largest telescopes.

Purdue Research Park official elected to key position of international research parks organization

Two Purdue Research Park officials will speak during a conference for the Association of University Research Parks, and one official has been elected to serve as the organization's first vice president.

The election took place Tuesday (Oct. 23) prior to the annual conference, which will run Wednesday through Friday (Oct. 24-26) in St. Louis.

Purdue Research Foundation official to speak at international conference on financing technology based startups

An official from the Purdue Research Foundation will speak during a panel discussion at the Fifth Annual Tech Transfer and Early Stage Investing Conference taking place Wednesday and Thursday (Oct. 17-18) at Boston University.

The conference, which is sponsored by the International Business Forum, is focused on starting, building and financing technology-based projects and spinouts from universities, national labs and corporations. The forum is the leading presenter of venture capital and private equity conferences in the United States.

New process generates hydrogen from aluminum alloy to run engines, fuel cells

A Purdue University engineer has developed a method that uses an aluminum alloy to extract hydrogen from water for running fuel cells or internal combustion engines, and the technique could be used to replace gasoline.

The method makes it unnecessary to store or transport hydrogen - two major challenges in creating a hydrogen economy, said Jerry Woodall, a distinguished professor of electrical and computer engineering at Purdue who invented the process.

Companies reap venture capital connections from Discovery Park entrepreneurship boot camp

Three Indiana companies formed from research developed at Purdue University will make formal pitches for funding from Silicon Valley venture capital firms in California this week (May 14-21).

M4 Sciences Corp., MatrixBio LLC and BioVitesse Inc. were selected in March by camp sponsor Lonergan Partners after the Fundraising Boot Camp at Discovery Park's Burton D. Morgan Center for Entrepreneurship.

Startups win chance to meet with venture capital firms

Three Indiana companies formed from research developed at Purdue University have won the opportunity to make formal presentations for funding from venture capital firms in Silicon Valley.

M4 Sciences Corp., MatrixBio LLC, and BioVitesse Inc. were picked from several businesses that participated in the Fund Raising Boot Camp last fall at Discovery Park's Burton D. Morgan Center for Entrepreneurship. Camp sponsor Lonergan Partners selected the three winners in connection with the recent EntrepreneurshipWeek USA events on the Purdue campus.