ISTC Illinois Science & Technology Coalition

In the News

Baxter leads $38 million investment in Evanston startup

Crain's

December 17, 2012

By Kristen Schorsch, Crain’s A year-old investment fund of Baxter International Inc. is leading a group that’s pumping $38 million into a north suburban startup developing treatments for depression and pain. The investment is the second round of funding for Evanston-based Naurex Inc., which raised $18 million in May 2011 from a group led by [...]

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Illinois Sparks an Electricity Efficiency Cluster

Entrepreneur.com

December 14, 2012

By Catherine Clifford, Entrepreneur.com The Midwestern state that launched the political careers of Presidents Lincoln and Obama isn’t as well known for its leadership in electric grid technology. But because of its position at the forefront of the industry, Illinois has been awarded more than $1.5 million from the Small Business Administration as part of [...]

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Argonne, U of C land big National Science Foundation grant

Crain's

December 13, 2012

By John Pletz, Crain’s Researchers from Argonne Laboratory and University of Chicago have landed a $600,000 National Science Foundation grant to use data to help cities do better urban planning and design. Charlie Catlett, a researcher at the Computation Institute run by Argonne and U of C, will lead the newly established Urban Center for [...]

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Michael Polsky gives $8M to expand U of C’s entrepreneurship program

Crain's

December 4, 2012

By Lorene Yue The University of Chicago is expanding its entrepreneurship program to the entire student body, thanks to an $8 million donation from Michael Polsky, the alum who funded a graduate innovation program a decade ago. Mr. Polsky’s $7 million gift in 2002 helped found the Michael P. Polsky Center for Entrepreneurship at the [...]

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U.S., state to fund battery research at Argonne

Chicago Tribune

December 3, 2012

Coordinated effort will include universities, private companies By Julie Wernau, Chicago Tribune reporter The number is five. Batteries that are five times more powerful, five times cheaper, within five years. That’s the stated goal of Argonne National Laboratory team that will establish a research institute for battery technology in Illinois that combines isolated research happening [...]

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Illinois Poised to Become National Hub for Advanced Battery and Energy Storage

IGNN

November 30, 2012

Energy Department Announces Team to Receive up to $120 Million Over 5 Years CHICAGO – November 30, 2012. Governor Pat Quinn was joined today by U.S. Secretary of Energy Steven Chu and Chicago Mayor Rahm Emanuel to announce that a multi-partner team led by Argonne National Laboratory has been selected for an award of up to [...]

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Governor Quinn Launches “”Thanks in Advance” Internet Campaign for Pension Reform

IGNN

November 19, 2012

On behalf of children caught in pension squeeze, effort will “educate and activate” Illinois citizens about $96 billion problem CHICAGO – November 18, 2012. Governor Pat Quinn today launched an Internet grassroots campaign to increase public awareness about the need for pension reform in Illinois. Relaying a message from the next generation to today’s leaders, the [...]

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Governor Quinn Announces Durata Therapeutics Moves to Chicago

IGNN

November 14, 2012

Biotech Start-Up Relocates from New Jersey, Plans to Create Up to 100 Jobs, Cites Talent Pool as Draw CHICAGO — November 14, 2012. Governor Pat Quinn announced today that biopharmaceutical company Durata Therapeutics is moving its global headquarters to Illinois from New Jersey. The drug development company’s relocation to 200 S. Wacker Dr. in downtown Chicago [...]

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NanoProfessor Joins Novel Innovation Plaza STEM Experiential Initiative

Marketwire

November 5, 2012

Goal Is to Increase STEM Experience of Latin American Students Through Globally Connected, Interdisciplinary Labs SKOKIE, IL–(Marketwire – Nov 5, 2012) – NanoProfessor®, the global leader in hands-on undergraduate nanotechnology education, announced today that it has accepted an invitation to join Innovation Plaza, a partnership between academia and several science and engineering-based industry organizations with [...]

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Baxter International Announces Long-Term Partnership in Brazil to Expand Access to Recombinant FVIII Hemophilia Treatment

Baxter

November 1, 2012

DEERFIELD, Ill., USA, November 1, 2012 – Baxter International Inc. (NYSE:BAX) today announced an exclusive 20-year partnership with Hemobrás (Empresa Brasileira de Hemoderivados e Biotechnologia) to provide hemophilia patients in Brazil greater access to recombinant factor VIII (rFVIII) therapy for the treatment of hemophilia A.  Hemophilia A is a genetic condition in which the body [...]

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