Research & Development

Powering Economic Development

FirstEnergy | Press Release

JCP&L Helps Promote New Jersey as a Key Business Location For a state to effectively market its economic development attributes, many factors come into play, especially the long-established real estate axiom “location, location, location!” Many businesses and organizations augment a state’s self-promotional efforts, with utilities playing a special role. Site Selection magazine, considered the “Bible” for economic development, recognized FirstEnergy …

Glyde, an NJII startup, gets backing from venture firm that features Bezos, Zuckerberg

ROI-NJ Staff(Newark)

[email protected], the coworking and incubator space at the New Jersey Innovation Institute on the campus of New Jersey Institute of Technology, houses and supports a number of student-led startups. On Monday, NJII announced one has gained the backing of one of the most notable venture firms in the country. GlydeApp, which provides contactless dining by automating the ordering and payment process for restaurants …

Tevogen Bio Announces Partnership With BioCentriq, New Jersey Innovation Institute’s Pioneering Cell and Gene Therapy Center, to Enhance Tevogen’s Development Capacity of Its Proprietary Targeted T Cell Therapy For COVID-19

Business Wire | Press Release

METUCHEN, N.J.–(BUSINESS WIRE)–Tevogen Bio announces partnership with BioCentriq, a New Jersey based cell and gene therapy development and manufacturing center, to support clinical manufacturing of Tevogen’s investigational COVID-19 treatment. Under the partnership, experts from both entities will collaborate at BioCentriq’s state-of-the art GMP facilities to produce Tevogen’s proprietary COVID-19 targeted T cells. The teams will utilize the processes and technology …

App security platform provider Pathlock raises $20M

Kyle Wiggers | VentureBeat

Unified access orchestration platform provider Pathlock, formerly Greenlight Technologies, today announced it has secured $20 million in a strategic growth round led by Vertica Capital Partners. Pathlock says the funds will be used to bolster R&D for its products, extending the capabilities of its insider threat prevention platform. According to Markets and Markets, the security orchestration, automation, and response (SOAR) segment is …

NASA touches down in Atlantic County, collaborates with FAA

CJ Fairfield | The Press of Atlantic City

EGG HARBOR TOWNSHIP — NASA made one giant leap into South Jersey by teaming up with the Federal Aviation Administration William J. Hughes Technical Center to collaborate on advancing drone technology, electric vertical takeoff and landing aircraft operating in low-altitude airspace in urban environments. Under a multiyear agreement, NASA will use work space at the FAA’s National Aviation Research and Technology …

BIRD Energy to invest $7.5 Million in Cooperative Israel-U.S. Clean Energy Projects

BIRD Energy | Press Release

The total value of the approved projects is $17.4 million in the areas of Batteries, Electric Aircraft, Fuel Cells, Electric Vehicles, Natural Gas, Wind Energy and Energy Efficiency The U.S. Department of Energy (DOE) and Israel’s Ministry of Energy (MoE) along with the Israel Innovation Authority have selected eight clean energy projects to receive $7.15 million under the Binational Industrial …

BioAegis Therapeutics to Proceed with Phase 2 Trial of Gelsolin COVID-19 Treatment

NEW JERSEY BUSINESS MAGAZINE

North Brunswick-based BioAegis Therapeutics Inc., has received regulatory clearance from the Spanish Agency for Medicines and Health Products (AEMPS) for its Phase 2 Proof of Concept study of its lead product, recombinant human plasma gelsolin (rhu-pGSN) in hospitalized patients with severe COVID-19 pneumonia. BioAegis expects to recruit its first patient and begin the study shortly at Hospital Universitari Sant Joan …

Hackensack Meridian CDI, Merck to Collaborate on COVID-19 Research

New Jersey Business Magazine

The collaborative work aims to find drugs to treat the pandemic The Hackensack Meridian Center for Discovery and Innovation (CDI) has struck a research collaboration with Merck to investigate drugs for treating COVID-19. The CDI will work with Merck to identify candidate treatments for the still-spreading pandemic. “The CDI was started less than a year ago to provide dynamic research …

BD Launches Portable Antigen Test to Detect SARS-CoV-2 in 15 Minutes

NEW JERSEY BUSINESS MAGAZINE

BD (Becton, Dickinson and Company), a Franklin Lakes-based global medical technology company, announced that the U.S. Food and Drug Administration (FDA) granted Emergency Use Authorization (EUA) for a rapid, point-of-care, SARS-CoV-2 diagnostic test for use with its broadly available BD Veritor™ Plus System. The launch of this new assay that delivers results in 15 minutes on an easy-to-use, highly portable …

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Carly Wronko
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Tiffany Hess-Bennette
Editorial Content Manager