Genzye Corp inks alliance with Orisis Therapeutics

Genzye Corp. has signed a stem cell treatment development and sales deal with stem cell company Orisis Therapeutics to develop two new treatments.

Under the deal, Genzyme will make an upfront $130 million payment to Osiris for rights to the company's developing Prochymal and Chondrogen treatments.

An official release stated that Osiris would commercialize both drugs in the U.S. and Canada, while Genzyme would have sales rights in all other countries.

Apart from this, Osiris could receive up to $1.25 billion in milestone payments, based on the drugs' development and eventual sales.

Bayside Capital acquires Flight Express

Bayside Capital, Inc. has notified that its affiliate has acquired Flight Express, Inc.

Florida-based Flight Express is a premier provider of high-security, same-day air courier services to banking and life sciences customers in the South and Midwest region.

The company is the world's largest operator of Cessna 210 aircraft and operates 84 aircraft from facilities in eight states. The firm provides value-added, time-critical aviation services to a diverse set of customers in the most service-intensive, cost-effective manner possible.

Juhl Wind completes acquisition of Next Generation Power System

Juhl Wind Inc., an established leader in Community Based Wind Power development and management,, has informed that it has completed its acquisition of Next Generation Power Systems - a company that specializes in community scale wind turbine and solar systems.

Woodstock-based Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada.

Artificial pancreas for diabetics

Researchers at Boston University are developing artificial pancreas for diabetic patients. The gland would be worn externally. It would improve blood sugar level monitoring and would be helpful for patients with type I diabetes.

30 days after heart attack remain crucial for patients

Though there has been substantial improvement in the treatment of heart attacks yet 30 days after heart attack remain crucial for the patients. The patient can face sudden death during these 30 days.

A. Selcuk Adabag, M.D., M.S., of Veterans Affairs Medical Center, Minneapolis, and colleagues at Mayo Clinic, Rochester, Minn. conducted a study 2,997 residents (average age 67, 59 percent men) who had a heart attack in Olmsted County, Minn., between 1979 and 2005.

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EVgo powers energy storage systems with used BMW i3 battery packs in California

In a move which marks EVgo’s latest efforts to push energy storage innovations forward in the electric-vehicle (EV) space, the company has recently deployed a new energy storage system powered by “

Apple & other companies want Calif. DMV to change autonomous vehicle rules

Dozens of tech companies, including Apple, Google’s Waymo and Tesla, have expressed their desire to see some changes in the California Department of Motor Vehicles’ self-driving car policies.

Uber self-driving car chief stepping away from leadership role

Anthony Levandowski, the controversial chief of Uber’s self-driving car project, is reportedly stepping away from the leadership role due to a lawsuit filed by Google’s autonomous car unit Waymo.

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Ford announces $4 billion investment in autonomous vehicle venture

In a move which will enable US automaker Ford to gain a competitive edge in the newly emerging mobility industry, the automaker has recently launched a new autonomous vehicle su

Nissan Leaf NISMO Electric Vehicle has impressive features

Japanese automaker Nissan has recently enhanced its electric vehicle (EV) line-up with the addition of a new vehicle --- the Nissan LEAF NISMO.

EVgo powers energy storage systems with used BMW i3 battery packs in California

In a move which marks EVgo’s latest efforts to push energy storage innovations forward in the electric-vehicle (EV) space, the company has recently deployed a new energy storage

Apple & other companies want Calif. DMV to change autonomous vehicle rules

Dozens of tech companies, including Apple, Google’s Waymo and Tesla, have expressed their desire to see some changes in the California Department of Motor Vehicles’ self-driving

Uber self-driving car chief stepping away from leadership role

Anthony Levandowski, the controversial chief of Uber’s self-driving car project, is reportedly stepping away from the leadership role due to a lawsuit filed by Google’s autonomo

Education

Hyundai Motors starts production of new Kona Electric CUV

According to reports, a noteworthy first batch of the new Kona Electric compact CUV has been produced by South Korean automaker Hyundai, and export of the vehicle have also been commenced by the co

Toyota showcases second-gen zero-emissions Class 8 electric truck

In a move which marks the launch of Toyota’s second-generation zero-emissions, hydrogen fuel cell Class 8 electric truck, the automaker has recently unveiled Kenworth T680 prototype truck in Traver

Ford announces $4 billion investment in autonomous vehicle venture

In a move which will enable US automaker Ford to gain a competitive edge in the newly emerging mobility industry, the automaker has recently launched a new autonomous vehicle subsidiary called Ford

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