Michigan Roundup: Automation Alley, MSU, U-M, Xuriden & More
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boost the country’s innovation ecosystem, manufacturing competitiveness, and security. MForesight: The Alliance for Manufacturing Foresight is a three-year, $5.8 million national project funded by the National Science Foundation and the U.S. Commerce Department’s National Institute of Standards and Technology. U-M will manage and staff the project, the goal of which is to make connections across industry sectors to help align advanced manufacturing research and make better use of federal funding.
—David Stockton, the chief of the Division of Genetic, Genomic and Metabolic Disorders at Children’s Hospital of Michigan and professor of pediatrics and internal medicine at the Wayne State University School of Medicine, played a key role in the research that led to the recent FDA approval ofuridine triacetate (Xuriden), a new compound for treatment of patients with the potentially life-threatening metabolic disorder known as hereditary orotic aciduria.
The drug’s approval came after Stockton and another investigator conducted a successful clinical trial demonstrating the compound’s efficacy. The disorder targeted by the drug is inherited and occurs when a defective gene causes a breakdown in the body’s ability to synthesize uridine, an essential ingredient in the manufacture of DNA and RNA. Wellstat Therapeutics will market the new drug.
—Southfield-based financial media startup Benzinga announced today that it is relocating to downtown Detroit, moving its headquarters to One Campus Martius. According to a press release, Benzinga, which currently has 35 full-time employees, plans to double its workforce over the next two years, adding up to 40 new jobs. “Now we can continue to grow by leveraging the urban core and downtown Detroit’s tech scene to attract top talent from across the country,” said Benzinga CEO Jason Raznick.
—iDashboards, the Troy-based software company, has picked up a new customer: Diné College, an Arizona tribal college that serves residents of the Navajo Nation in New Mexico, Arizona, and Utah. “The iDashboards solution allows us to better analyze and utilize the immense amount of data we possess to make better business decisions and pinpoint areas we can improve,” said Velveena Davis, director of institutional effectiveness of Diné College, in a press release.