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.
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."
Tinton Falls, NJ - At the Internet of Medical Things speakers from Johnson & Johnson, the FDA, Sage Bionetworks, and WAM Consulting Group presented their perspectives on issues key to developing safeguards for drug development data, patient records, and medical devices. Dr. Suzanne Schwartz, the FDA’s Director for Emergency Preparedness, addressed the agency’s approach to building internal communications and public private partnerships to enhance cybersecurity throughout the healthcare system. While it’s not always easy to find a “front door” for collaborating with the FDA, she mentioned National Healthcare & Public Health Critical Infrastructure Protection (http://www.nhisac.org/).
Newark, NJ - NJIT has strengthened ties with some of Thailand’s most innovative and productive companies and researchers, expanding the university’s existing relationship with Siam Cement Group (SCG), one of the country’s leading industrial conglomerates, and signing an agreement with Chulalongkorn University, its oldest university, to exchange students and faculty and collaborate on research.
New Brunswick, NJ - Johnson & Johnson Innovation said it has launched 17 collaborations with research institutions and healthcare companies, bringing to more than 200 the total number of collaborations formed since its 2013 launch.
Washington D.C. - Four years ago, the Information Technology and Innovation Foundation (ITIF) advocated for an idea that is now drawing attention on Capitol Hill: "patent boxes." So named because they can involve adding a special check box to tax forms, the goal of patent boxes is to spur commercialization of research and development by allowing corporate income from the sale of patented products to be taxed at a lower rate than other income.
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