Latest Detroit News: Technology/Life Sciences/R&D
In a medical first, doctors at C.S. Mott Children's Hospital of the University of Michigan in Ann Arbor used plastic particles and a 3-D laser printer to create an airway splint to save the life of a baby boy who used to stop breathing nearly every day.
Michigan's economy has long been held in the hands of its blue-collar workers. But the bulldozers cleaning up the remains of Ford Motor Co.
's once 4.7 million-square-foot Wixom Assembly Plant, formerly one of the largest assembly plants in the world, are a reminder that the industry is changing.
SECOND STAGE EXTRA
A classic challenge to growing a second-stage business is professionalizing the workforce.
Highlights from Emergency Manager Kevyn Orr's financial plan:
Two metro Detroit companies announced last week that they have filed registration statements for initial public offerings. Plymouth Township-based Esperion Therapeutics Inc.
said Tuesday that it had filed for a $70 million IPO and plans to be listed on Nasdaq under the symbol ESPR. Credit Suisse AG
and Citigroup Inc.
are the lead managers.
Most people have probably never heard of Rich Baird and his behind-the-scenes role in Gov. Rick Snyder's administration, and he likes it that way.
Guest Blog: Carl Erickson
Just two weeks after announcing it had closed on a venture capital round of funding of $33 million, Plymouth Township-based Esperion Therapeutics Inc. filed a registration for an initial public offering Tuesday with the U.S. Securities and Exchange Commission.
Guest Blog: Raj J. Patel
On April 23, 2013 at 12:07 p.m., the Associated Press
tweeted, "Two explosions in the White House, and Barack Obama is injured." By 1:08 p.m., the Dow had fallen 150 points, the price of crude oil had fallen, and U.S. government bonds briefly dropped. Fortunately, there were no explosions, our president was fine, and the Dow bounced back. That just shows you how powerful a simple hack of the AP's Twitter account can be.
There are pop-up shops and pop-up restaurants. Now there's a pop-up accelerator.
They say admitting you have a problem is the first step. My problem isn't finding work, it's finding qualified workers.
RML Industries of Grand Haven is getting ready to field test a walk-through checkpoint for airports and large sporting events that it says would have detected the pressure-cooker-type bombs used as an instrument of terror at the Boston Marathon.
As Guy Goodmonson scaled the 150-foot-tall water tower to reach the top platform that had no handrails, he questioned his sanity more than once.
The fight for Compuware Corp.
likely will start heating up with the expiration Wednesday of what is called a standstill agreement with its takeover suitor, Elliott Management Corp.
Guest Blog: Ted Serbinski
If you've been reading my previous posts, you'll notice a common theme: Why Detroit
? I think I summed it well in my entrepreneurial gold rush post but I left out a key point: There's a hidden diamond in the Midwest.
San Francisco-based NewME Accelerator is offering an intensive three-day course, called the NewME Detroit PopUp, for tech entrepreneurs in Detroit from May 29-31.
The deputy city manager of Grand Rapids said volunteers helped keep the worst flood the city had seen since 1904 from wiping out downtown landmarks. And it all started with an iPhone and a Google Chrome laptop.
Compuware Corp. declined to comment today about whether company officials have been in discussions to sell the software services company to an investment group led by Boston-based Bain Capital LLC and San Francisco-based Golden Gate Capital.
Michigan has updated its state website to make it more user-friendly for Michiganians using their mobile devices. The state said Monday that the new Michigan.gov allows the site content to adjust according to the visitor's screen size.
Tackling the state's gap between employer talent needs and the skills of the workforce is bubbling to the top as a priority for discussion at this month's Mackinac Policy Conference
The director of University of Michigan cancer center has been lining up commitments from donors for a year for the construction of an outpatient cancer treatment center that would be a combination of treatment facility, hotel and conference center. Max Wicha hopes to break ground in two years, backed in part by a major fundraising campaign this fall.
At any given point throughout the year, PulteGroup Inc.
manages more than 1,000 legal claims. That means the homebuilder's caseload has the potential for millions of dollars in legal fees and payouts -- which makes managing legal costs, and finding efficiency, a necessity.
Esperion Therapeutics Inc.
will likely undergo an initial public offering next year, now that it has completed a financing round of $33 million that will fund two crucial upcoming Phase 2B U.S. Food and Drug Administration
trials of its lead cholesterol-lowering drug.
Ann Arbor-based startup Covaron Advanced Materials
, which has developed a new process for making high-performance ceramics, is expected to announce today that it has secured $300,000 in seed funding.
The Michigan Legislature isn't taking a hands-off approach to the testing of autonomous vehicles, but it isn't looking to be a backseat driver either, experts say. The Senate is expected to vote on S.B. 169 this week, which will regulate the testing of driverless vehicles on Michigan's roads.