Wyss Institute gets $12M commitment from Northpond Labs

first_imgHarvard University’s Wyss Institute for Biologically Inspired Engineering has established its first research and innovation alliance by joining forces with Northpond Labs, the research and development-focused affiliate of a leading science and technology-driven venture capital firm, Northpond Ventures. Through the alliance, Northpond Labs will provide $12 million to create a Laboratory for Bioengineering Research and Innovation at the Wyss Institute and to support impactful research with strong translation potential.The vision for the five-year strategic alliance was developed by senior leadership at Northpond Labs and the Wyss Institute, including Wyss Founding Director Donald Ingber and Northpond’s Founder and CEO Michael Rubin. In close partnership with Harvard’s Office of Technology Development (OTD), both groups have finalized the collaboration agreement and the agreement for the first funded research project.As a first translation focus of the alliance, Northpond Labs through the Laboratory for Bioengineering Research and Innovation will sponsor research on the Wyss Institute’s Controlled Enzymatic RNA Synthesis technology to accelerate its development toward commercialization. The novel synthesis approach was created in the institute’s synthetic biology platform and has been funded internally as a translationally focused Wyss Validation Project. The technology leverages a new enzyme-based method of generating synthetic RNA oligonucleotides, which have potential as RNA therapeutics, drug delivery vehicles, and genome engineering tools for a variety of disease applications. By using an engineered enzyme without the need for resource-intensive chemistry, it may provide a more effective and environmentally conscious way to synthesize RNA oligonucleotides than conventional chemical approaches used in industry.The Wyss Institute has developed a new model for innovation, collaboration, and technology translation within academia, breaking historical silos to enable collaborations that cross institutional and disciplinary barriers. The unique translation model spans the full trajectory, from identifying high-value, real-world problems and developing disruptive technology solutions, to refining, optimizing, and validating these technologies so that they are well-positioned for impactful new licensing and start-up opportunities. This novel approach for technology translation within academia, working in collaboration with Harvard OTD, has so far yielded 3,291 patent filings and 75 licensing deals, including 39 new startups.Through a separate arrangement with Harvard and the Wyss Institute, Northpond is providing an additional $3 million in funding to the institute to support discovery efforts and to create and fund the Northpond Director’s Innovation Fund. This fund will bolster the pursuit and growth of Wyss projects that have the potential to solve important unmet problems in the world, even when the path to commercialization remains unclear. In particular, the fund will be used to support early projects in areas including synthetic biology, biomanufacturing, synthesis of DNA and proteins, and clean water. Read Full Storylast_img read more

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FOOTBALL: DOWNTOWN UNITED 2 RAMELTON MARINERS 0

first_imgDowntown Cup Group CDowntown United 2 Ramelton Mariners 0This game played at Rabs Park Kerrykeel was a very tight entertaining match with Downtown coming away with three points in group C of The Downtown Cup. Both teams started brightly creating half chances early on but it was Downtown who got in front on fifteen minutes when Nial Bonner shot home from inside the box after a good cross from Steven Toye. Downtown with much of the play went close again when Toye shot from the edge of the box, just skimmed the crossbar. As the half wore on Mariners came back into it and went close on a couple of occasions. On thirty five minutes Downtown added their second Bonner was upended on the edge of the box.Up stepped Michael Doherty who bent the free kick around the wall into the bottom corner of the net giving the keeper no chance. The second half continued as the first with both teams playing some entertaining football. Ramelton Mariners had most of the possession pressing hard looking for the way back into the game but Downtown stood firm with Charlie Creevy and Michael Doherty in control in the centre of midfield and Gio Peoples and Redmond Doherty marshalling the back line well. Best for Downtown ; Gio Peoples, Michael Doherty, Niall Bonner Beat for Ramelton : Team Performances:  FOOTBALL: DOWNTOWN UNITED 2 RAMELTON MARINERS 0 was last modified: January 13th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:FOOTBALL: DOWNTOWN UNITED 2 RAMELTON MARINERS 0last_img read more

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