ANN ARBOR, Mich.-In a move that will directly create at least 2,000 jobs during the next decade and accelerate expansion of the University of Michigan’s research activities critical to the state’s economic development, the U-M Board of Regents today approved the purchase of the Ann Arbor property of pharmaceutical firm Pfizer Inc.
In time, U-M anticipates [.. more ..]

ANN ARBOR, MICH. - December 15,2008 - HealthMedia, Inc., the pioneer in applying advanced technology to emulate a health coaching session via the web - without the coach - for wellness, behavioral health, disease management, aging well, and medication adherence, continues to be acknowledged as a leader in business and healthcare innovation with several recent [.. more ..]

Three more Michigan start-up companies recently received investment commitments through the Michigan Pre-Seed Capital Fund.

Two of the companies are in the life sciences, while one is in advanced manufacturing.
To date, 28 Michigan companies have received a combined $6 million in critical seed funding through the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s 12 [.. more ..]

The Ann Arbor-based Michigan Technology and Research Institute Wednesday announced the launch of its DNA testing for human clinical trials, with an emphasis on inflammatory diseases and mechanistic studies of adverse drug reactions.
Using DNA-based methods to identify clinically-important variations in coding for immune cell proteins (cytokines), MITRI will enhance new drug development in the rapidly [.. more ..]

Michigan Aerospace Corporation (MAC), today announced that it has received a $750,000 Phase II Small Business Innovation Research (SBIR) contract to design and build a portable imaging neutron spectroscope prototype in collaboration with the University of New Hampshire. The contract, from the Defense Threat Reduction Agency (DTRA), is for a two-year effort and builds on [.. more ..]

ANN ARBOR, Mich., December 11, 2008 - Accuri Cytometers Inc., a life sciences company developing revolutionary bench-top flow cytometer systems, today announced the first recipient of its Accuri Flow Cytometer Creativity Awards Program.. Heather Newkirk, Ph.D., Executive Director of Business Development and Quality Assurance/Regulatory Affairs at Clinical Reference Laboratory, Inc. and an Assistant Professor of [.. more ..]

NEEDHAM, Mass. - December 10, 2008 - PTC (Nasdaq: PMTC), the Product Development Company®, today announced it has acquired the business assets of Synapsis Technology, Inc., based in Spring House, Pa. Synapsis provides environmental regulatory compliance solutions to leading customers including Motorola, Microsoft, Sony Ericsson, Visteon, Delphi, IBM, GE, Beckman Coulter, Teradyne and Cisco. The [.. more ..]

ANN ARBOR, Mich., Dec. 11, 2008-Borders.com has been named one of Internet Retailer’s “Hot 100 Best Retail Web Sites for 2009.” The Hot 100 listing recognizes leading retail Web sites operated by retail chains, catalog companies, Internet-only merchants and consumer brand manufacturers for their ability to inspire, inform, serve and importantly, connect with shoppers. Internet [.. more ..]

Compendia Bioscience plans to use $3 million in newly acquired venture capital to create another 20 jobs in Ann Arbor, more than doubling its current staff.
Most of that $3 million, $1.75 million of it, comes from Michigan’s 21st Century Jobs Fund. The rest is matching funds the bio IT firm has raised on its own.
Compendia [.. more ..]

Bank of Ann Arbor and the Ann Arbor Art Center announce the release of a 2009 wall calendar featuring a collection of art from twelve area artists.

After a successful collaborative effort with the Neutral Zone, a locally-based teen center, on the 2008 calendar, Bank of Ann Arbor was pleased to be able to showcase the [.. more ..]