Category: Business - Innovation New Jersey

NJBIA Releases 2022 Indicators of Innovation Report

9/3/2022

NJBIA’s updated 2022 Indicators of Innovation report, a comprehensive examination of how New Jersey’s innovation economy compares to other regional states, shows the Garden State slipping slightly in overall score and position from the 2020 report, but also taking key steps which could improve its future standing.
Released today, the study analyzes data for 12 indicators in three major areas that are key to a robust innovation ecosystem – capital, talent, and business – and makes a series of recommendations to improve New Jersey’s competitiveness in building a more robust innovation economy.

Rutgers Food Innovation Center Director To Speak On Best Practices In Food Business Incubation

8/18/2015

Bridgeton, NJ - Lou Cooperhouse, director of the Rutgers Food Innovation Center, a globally recognized food business incubation program, will be presenting his research on best practices in food industry entrepreneurship development and business incubation at two leading national conferences during the month of September 2015. Cooperhouse will be a presenter of a half-day intensive training session on “Building Sustainable Food Incubators and Accelerators” at the National Business Incubation Association (NBIA) Training Institute, which will be held from September 8-11 in Orlando, FL.

Which N.J. companies made the Inc. 5000 fastest-growth list?

8/18/2015

Trenton, NJ - According to Eric Strauss, "Inc. revealed its annual Inc. 5000 list of the fastest-growing private companies in America this month, and 143 New Jersey firms earned a place on the list. They ranged in size from $2 million in revenue to more than $400 million, and some had revenue growth in the quadruple digit percentages."

State a step closer to landing an Israeli life science company

8/18/2015

Trenton, NJ - According to Tome Bergeron, "Macrocure, a clinical-stage biopharmaceutical company based in Israel, appears to be closer to moving its headquarters to New Jersey. The Economic Development Authority awarded Grow NJ tax credits for up to $3.2 million over 10 years for Macrocure to establish its North American headquarters at the EDA’s Technology Centre of New Jersey in North Brunswick. The EDA previously had approved a 10-year, three-month lease at the Centre.

Merck and MD Anderson Cancer Center Announce Strategic Immuno-Oncology Research Collaboration

8/18/2015

Kenilworth, NJ - Merck, known as MSD outside the United States and Canada, and The University of Texas MD Anderson Cancer Center today announced that they have entered into a strategic clinical research collaboration to evaluate Merck’s anti-PD-1 therapy, KEYTRUDA® (pembrolizumab), in combination with other treatments, such as chemotherapy, radiation therapy and/or novel antitumor medicines.

NJ’s Small Business Development Center Network’s Success Award Winners Are Fast Growing Companies in NJ

8/18/2015

Trenton, NJ - Two small business clients of America’s SBDC New Jersey, president and CEO Brian A. Leuthner of Edge Therapeutics, Inc. and founder and CEO Dr. Pankaj Mohan of Oncobiologics Inc., were named finalists in the Ernst Young Entrepreneur of the Year (2015) New Jersey. Leuthner of Edge Therapeutics advanced to be one of several winners of this prestigious award. The award program is co-sponsored by The Kauffman Foundation.

Advaxis Appoints Tom Ridge, America’s First Secretary of Homeland Security and 43rd Governor of Pennsylvania, to Board of Directors

8/18/2015

Princeton, NJ - Advaxis, Inc., a clinical-stage biotechnology company developing cancer immunotherapies, announced the appointment of The Honorable Tom Ridge, the first Secretary of the U.S. Department of Homeland Security and 43rd Governor of Pennsylvania, to the Company’s Board of Directors. “We are very excited to have Governor Ridge join Advaxis’s Board of Directors,” said Daniel J. O’Connor, president and Chief Executive Officer of Advaxis.

How Pharmacists Can Collaborate with Retail Clinicians on Patient Care

8/18/2015

New Brunswick, NJ - Pharmacists have many opportunities for collaborating with nurse practitioners (NPs) and physician assistants (PAs) on managing chronic and acute conditions commonly seen in the retail health practice setting. That was a central theme of the 1st Annual Convenient Healthcare and Pharmacy Collaborative (CHPC), which featured 10 clinical sessions providing continuing education credits for pharmacists, NPs, PAs.

Best Practices for NJ Based Nonprofits

8/18/2015

Somerset, NJ - Marriah Media, Jeanne Murphy Public Relations and Unity Bank are pleased to announce a “Best Practices for New Jersey Based Nonprofits” Event sharing information on “What Makes a Successful Nonprofit by Learning Lessons From the Leaders” on Thursday, October 8th at The Palace at Somerset Park.

Panasonic Completes ITC Global Acquisition

8/18/2015

Newark, NJ - According to New Jersey Business magazine, "Panasonic Corporation announced that it has completed its acquisition of ITC Global, a provider of satellite communication services for the energy, mining, and maritime markets. Founded in 2001 with regional headquarters in Houston, Texas; Sion, Switzerland; and Perth, Australia, ITC Global serves customers at more than 1,200 remote sites across 70 countries and all the world’s oceans. Panasonic, through its subsidiary Panasonic Avionics Corporation, is a provider of inflight communications and entertainment systems to the aviation market."

DNA cancer diagnostic company acquires Response Genetics for $14M

8/18/2015

Rutherfold, NJ - According to Emily Badger of NJBiz, "Cancer Genetics Inc., a provider of DNA-based cancer diagnostics, announced Monday that it has agreed to acquire the assets and operations of Los Angeles-based Response Genetics Inc. Rutherford-based Cancer Genetics said in a news release that as part of the transaction, Response Genetics, a solid tumor molecular diagnostics, has filed chapter 11 bankruptcy in the Delaware Bankruptcy Court."

BioNJ's From The Laboratory To Leadership

8/18/2015

Trenton, NJ - Put your scientists into a classroom geared towards leadership training. This fast-paced program turns science-minded managers into capable business leaders so they can fully leverage your company's human capital. From The Laboratory To Leadership was developed exclusively for managers who are involved in the research, development and commercialization of life sciences and medical device technologies.

Serial Entrepreneur Kambhampati Cultivates Growth of NJ’s Emerging Technology Companies through Mentoring

8/18/2015

Trenton, NJ - The New Jersey Economic Development Authority (EDA) today continues its series highlighting how New Jersey investors and entrepreneurs are making a difference to the Garden State’s technology community. As an innovator, serial entrepreneur, investor and mentor, Krishnamurty “KK” Kambhampati, of Holmdel, has spent the last 25 years helping to shape New Jersey’s technology ecosystem.

How Businesses Can Model Innovation

8/18/2015

Trenton, NJ - Innovation is hard, no matter what. But business model innovation is the hardest, because it's so difficult to get out of the mindset that you have always had. That's why so many business model innovations come out of companies and individuals who are not in the affected industry. McKinsey has just published an article about how to break out of your own assumptions and consider business model innovation for yourself.

Innovator Derek Lidow’s Knowledge Helps Shape Next Generation of NJ Entrepreneurs

8/10/2015

Trenton, NJ - The New Jersey Economic Development Authority today continues its series highlighting how entrepreneurs and investors are helping to build the Garden State’s technology ecosystem. After decades building two technology companies, innovator and investor Derek Lidow, of Princeton, now devotes his time to coaching emerging entrepreneurs. A strong believer in the motto “anyone can start a business, but only leaders will succeed,” Lidow currently teaches budding entrepreneurs at Princeton University how to build successful enterprises. Having earned his Bachelor of Science in Engineering from the New Jersey Ivy League school, Lidow is passionate about nurturing New Jersey’s technology ecosystem.