Foxconn didn’t earn tax credits for 2019
Foxconn Technology Group has not created enough jobs in 2019 to earn tax credits, the second year it has missed its targets.
Technology & Biotech
Software company changes name
Madison-based Recruiting Pro Software has been renamed to NaviCu.
Madison tech consulting firm acquires Netherlands health care IT company
Health care consulting firm Nordic has acquired Tasman Global, a health care IT consulting firm headquartered in the Netherlands.
Exact Sciences unveils blood test for cancer, COVID-19 self-test
Exact Sciences has unveiled early research for the company’s liquid biopsy cancer screening test and has gained FDA authorization for an at-home COVID-19 swab test.
WEDC announces local grant winners
The Wisconsin Economic Development Corp. and the University of Wisconsin System’s Center for Technology Commercialization have named six small companies that will each receive a $100,000 Small Business Innovation Research Advance grant.
UW–Madison researcher collaborates with AI initiative
Sadhana Puntambekar, from the Wisconsin Center for Education Research and professor in the University of Wisconsin─Madison School of Education, will be the sole representative from UW─Madison to collaborate with national researchers on establishing one of five artificial intelligence (AI) institutes and education hubs.
IPO filed for Exact Sciences competitor
Cancer detection biotech startup Grail has filed an initial public offering and aims to raise more funding for its blood test.
Vaccine study paused after one illness
Late-stage studies of AstraZeneca’s COVID-19 vaccine candidate, involving a testing study at the University of Wisconsin–Madison, are on temporary hold while the company investigates whether one recipient’s “potentially unexplained” illness is a side effect of the shot.
UW manufactures COVID-19 drug
Waisman Biomanufacturing, a lab at UW–Madison’s Waisman Center, has begun the manufacturing of the new drug GIGA-2050 to treat COVID-19 patients.
Wisconsin isotope company secures $80M in financing
Janesville-based SHINE Medical Technologies LLC has closed $80 million in Series C financing supported by Fidelity Management and Research Company LLC.
Biohealth summit revamped for 2020
The Wisconsin Biohealth Summit will be “reimagined” for 2020, according to BioForward Wisconsin. Rather than a single-day event at the Overture Center, the program will be held virtually on Sept. 23 and 30 and Oct. 7.
Promega launches compact DNA analysis system
Fitchburg-based Promega has launched its Spectrum Compact CE System, developed in collaboration with Hitachi High-Tech.
Madison company enters Japanese asthma treatment market
Madison-based Propeller Health will begin distributing its digital health platform in Japan to patients who use two inhaler medications to treat uncontrolled asthma.
New Madison company aims to protect DOD data
Madison-based information technology company 5NINES has partnered with Scott Singer, a retired defense industry expert and former CIO at PaR Systems, to create CyberNINES.
Promega announces COVID-19 antibody detection test
Fitchburg-based Promega Corp. has launched a new serological antibody test for COVID-19 to detect the presence of antibodies against the SARS-CoV-2 virus.
FDA grants priority review for Stratatech burn treatment
The review by the FDA will determine whether to approve StrataGraft, a tissue product using human cells derived from discarded foreskins after circumcision, by Feb. 2.
UW develops saliva test for COVID-19
Researchers at the University of Wisconsin–Madison have developed an experimental saliva test for COVID-19 that could be faster, easier, and less expensive than the nasal swab test most testing sites are using now.
Epic’s return to the office getting pushback from employees
Verona-based Epic Systems is getting heat for its plan for nearly 10,000 employees to return to the company’s campus by Sept. 21.
Tech Council board unanimously supports masks
The board of directors of the Wisconsin Technology Council voted unanimously to endorse the science behind public orders that urge the wearing of masks to slow the spread of COVID-19.
Gordon Flesch Co. acquires another Indiana-based dealer
Madison-based Gordon Flesch Co. has acquired Jim Gordon Inc., a Canon, Sharp, and Lexmark dealer headquartered in Columbus, Indiana, according to a release from the company. Following GFC’s earlier acquisition of Terre Haute-based IBE, the acquisition of Jim Gordon Inc.…
