Choose New Jersey opens office in Israel, strengthening economic relations in the Middle East

Research & Development

Rutgers Researchers Partner with Cultivated Meat Company to Create Sustainable, Environmentally Friendly, Low-Cost Meat

Trevor Rutledge-Leverenz | Rutgers

A pair of Rutgers researchers are teaming up to combat climate change and worldwide hunger at the same time. Yong Mao, associate research professor and lead biologist in the Laboratory for Biomaterials Science at Rutgers School of Arts and Sciences, and Joseph Freeman, professor, director of the Musculoskeletal Regeneration Laboratory, and graduate program director of biomedical engineering in Rutgers School …

NJEDA partners with four NJ universities to advance state’s offshore wind learning and research efforts

New Jersey Economic Development Authority (NJEDA) | Press Release

The New Jersey Economic Development Authority (NJEDA) announced plans to provide a total of more than $1 million to Rutgers University, Rowan University, Montclair State University, and New Jersey Institute of Technology (NJIT) to advance academic research and investment in offshore wind workforce training. Specifically, the NJEDA Board authorized staff to enter into memoranda of understanding with the universities to develop both …

N.J. to announce $665M investment in medical research at the Hub

Tom Bergeron (New Brunswick) | ROI-NJ

Gov. Phil Murphy and Rutgers University President Jonathan Holloway will announce Thursday morning a landmark $665 million investment by the state in innovation, translational research and medical education at the Hub in downtown New Brunswick — an investment that includes the relocation of Rutgers Robert Wood Johnson Medical School to the site. The investment represents just the first phase of the development of a …

BeiGene to build manufacturing, clinical R&D center in Hopewell

Tom Bergeron (Hopewell) | ROI-NJ

BeiGene, a global biotechnology company focused on developing and commercializing innovative cancer medicines worldwide, announced Tuesday morning that it plans to build a new campus for research & development and manufacturing at the Princeton West Innovation Campus in Hopewell. BeiGene officials said they have entered into a purchase agreement to acquire an approximately 42-acre site with over 1 million square …

A $750M, state-of-the-art cancer center — and so much more

Tom Bergeron | ROI-NJ

For Jack Morris and his wife, Sheryl Morris, making the investment that will help RWJBarnabas Health and the Rutgers Cancer Institute of New Jersey build a world-class, free-standing cancer facility in the heart of New Brunswick was an easy decision to make. “There is nothing that feels better or more gratifying than helping others in need,” Morris said. “Cancer touches the lives of everyone …

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)

VentureLink@NJIT, 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 …

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Ryan Fox
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