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Princeton's Felten joins White House as Deputy Chief Technology Officer

5/17/2015

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Princeton, NJ - Edward Felten, a Princeton University computer scientist who is a leading expert on computer security, has been named deputy chief technology officer in the White House's Office of Science and Technology Policy (OSTP). 

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The Government Doubles Down on Cybersecurity Leadership

5/17/2015

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Washington D.C. - According to Steve Charles, "For the federal government, 2015 is quickly turning into the year of cybersecurity. Though heralded with less fanfare, it’s also the year of cybersecurity for the state and local market. That’s because the feds are pushing cyberthreat information-sharing among companies and among governments, spanning the public and private sectors."

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Exelis, L-3 Partner to Develop Electronic Warfare Solution for Air Force

5/3/2015

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Trenton, NJ - Exelis  and L-3 Platform Integration are partnering to provide cutting-edge electronic self-protection capabilities for the U.S. Air Force Special Operations Command’s (AFSOC) AC/MC-130J Commando II aircraft. The team’s combined experience in electronic warfare (EW) and platform integration will allow rapid development of a highly advanced yet low-risk solution to protect Air Force special operations aviators from the evolving radio frequency threats they face in their global missions.

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Getting Started in Crowdfunding

5/3/2015

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Trenton, NJ - Crowdfunding is becoming more and more popular as it has revolutionized the way ideas and products are funded and brought to the market. But how does it work? NJBIA’s Tyler Seville looks at the basics of starting a crowdfunding campaign.

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Frustrated Magnets: New Princeton Research on Quantum Materials

5/3/2015

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Princeton, NJ - According to Catherine Zandonella of the Office of the Dean of Research, "An experiment conducted by Princeton researchers has revealed an unlikely behavior in a class of materials called frustrated magnets, addressing a long–debated question about the nature of these discontented quantum materials. Published this week in the journal Science, the study also someday may help clarify the mechanism of high-temperature superconductivity, the frictionless transmission of electricity. The researchers tested the frustrated magnets — so-named because they should be magnetic at low temperatures but aren’t — to see if they exhibit a behavior called the Hall Effect. When a magnetic field is applied to an electric current flowing in a conductor such as a copper ribbon, the current deflects to one side of the ribbon."

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How the Immigration Law Gridlock Hurts NJ Employers

5/2/2015

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Trenton, NJ - According to April Klimley of New Jersey Business Magazine, "When it comes to immigration law, there’s only one thing on the mind of New Jersey employers in key industries: H1-B visas. These are the Holy Grail for New Jersey’s pharma, medical and technology employers who need a growing number of software engineers and information technology experts."

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BIO Praises the Release of 21st Century Cures Initiative Discussion Draft

5/2/2015

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Washington D.C. - The Biotechnology Industry Organization (BIO) today releases the following statement on the 21st Century Cures Initiative discussion draft shared by Chairman Fred Upton (R-MI), Rep. Diana DeGette (D-CO), Rep. Frank Pallone, Jr. (D-NJ), Rep. Joe Pitts (R-PA), and Rep. Gene Green (D-TX). his statement can be attributed to Jim Greenwood, BIO President and CEO:

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Pharmaphobia: Myths that undermine medical research

4/24/2015

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Washington D.C. – According to Thomas Peter Stossel of the American Enterprise Institute, “Over the years I have practiced medicine, U.S. longevity has increased by a decade, deaths from the commonest killer, cardiovascular disease, have dropped by 60 percent, and cancer deaths, the second most prevalent cause, are at an all-time low. HIV-infected individuals, once doomed, live normal albeit medicated lives. Arthritis sufferers previously condemned to pain, crutches and wheelchairs enjoy relative comfort and mobility. Unfortunately, three pernicious myths conspire to undermine such optimism.”

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Getting Intellectual Property Just Right

4/17/2015

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Kansas City, MO - Jason Wiens and Chris Jackson of the Kauffman Foundation discuss intellectual property in a new Entrepreneurship Policy Digest released this week. The Kauffman Foundation contends that while intellectual property protections can increase productivity and firm valuations, they also can be inefficient and hinder innovation if they are too weak or too strong. 

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Congressman Lance honored as BIO Legislator of the Year

4/17/2015

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Washington D.C. - The Biotechnology Industry Organization (BIO) announced today its selection of Representative Leonard Lance (R-NJ) as a Legislator of the Year for 2015. Representative Lance will receive the award this evening in conjunction with BIO’s Legislative Day Fly-In. “New Jersey is a leader in biotechnology. Representative Lance has been an invaluable partner to the biotechnology community within our state and the industry at large”

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FDA's Patient-Focused Drug Development

4/17/2015

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Santa Monica, CA – Faster Cures, a research center at the Milken Institute, summarized their recent webinar on April 7th and offers an in-depth explanation on the U.S. Food and Drug Administration's (FDA) Patient-Focused Drug Development (PFDD) initiative. The webinar speakers highlight that “under the fifth authorization of the Prescription Drug User Fee Act (PDUFA) to hold at least 20 disease-specific meetings to better understand patients' experiences with symptoms, impacts on daily living, and available therapies.”

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FASEB releases New Interactive Map of Federal Science Funding By District

4/17/2015

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Bethesda, MD – The Federation of American Societies for Experimental Biology (FASEB) has released new interactive factsheets summarizing federal science funding in states and U.S. congressional districts. This is the only resource to feature up-to-date information about federal science funding at the district level and make it accessible to the general public.

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First Patent Statue turns 225

4/16/2015

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Washington D.C. - Michael Rosen of the American Enterprise Institute  highlighted the 225th anniversary of the enactment of the first-ever American patent statute, which President George Washington signed into law on April 10, 1790. "Back in those days, the president himself affixed his dramatic signature to the very first 'letters patent': Samuel Hopkins’s “Improvement,” which consisted of “the making of Pot ash and Pearl ash by a new Apparatus and Process,” an invention our nation’s father personally deemed to be “in pursuance of the act, entitled ‘An Act to promote the Progress of useful Arts.’”

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SEC releases new rules and expands the viability of crowdfunding

4/7/2015

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Washington D.C. - Crowdfunding is becoming more and more popular for small businesses because it allows them to raise capital directly from many individuals via the internet.  As of last week, the Securities and Exchange Commission adopted final rules to facilitate smaller companies’ access to capital through Title IV of the Jumpstart Our Business Startups (JOBS) Act.

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