INVO
 
 
INVO NEWSLETTER 
Fall 2013  
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NU Startup Recognition & Fundraising
Acumen Pharmaceuticals successfully completes $20M Series A round, planning to use new funds to support preclinical and 
and early clinical testing of its therapeutic monoclonal antibody.
Narrative Science
successfully completes$5M Series B funding and $11.5M in Equity Funding

Nanosphere
secures $27M in financing.

NuMat Technologies closes $2M seed round.

SwipeSense
is named by Wall Street Journal as one of the top 24 startups of the year. 

SiNode Systems
won the 2013 National
Clean Energy Business Plan Competition.  It was awarded over $100,000 in cash and services.

NanoInk, established in 2002 by Prof. Chad Mirkin, declared bankruptcy earlier this spring. NanoInk was one of the earliest NU nanotechnology companies. It specialized in nanometer-scale manufactur- ing and applications in a variety of industries including life sciences, engineering, pharmaceutical and education.
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New INVO Agreements 
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Including
EMD Millipore, Actelion,
AbbVie Deutschland GmbH, Endotronix, Cook Medical, Pioneer BioSolutions, Cour Pharmaceutical Development
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INVO welcomes
Nat Harrison! 
Nat Harrison recently joined INVO & McCormick School of Engineering as a consulting entrepreneur.  Nat is charged with building businesses based on the University's technology, and is also available to provide advice and assistance to faculty on commercialization topics. He has experience in managing and advising businesses in the life sciences, materials, chemicals, and energy sectors. He was previously part of the management team that built TetraVitae Bioscience,a life sciences and chemicals technology business acquired by Eastman Chemical. Before joining TetraVitae, he worked for the Boston Consulting Group, advising Fortune 1000 companies on strategic and operational questions.  Nat earned an MBA from the MIT Sloan School of Management and a BA, magna cum laude, from Harvard University.
Northwestern's Product Reaches Market Milestone
Naurex  
Established in 2007 by Professor Joseph Moskal (McC). Announced initiation of Phase I trial for its second-generation novel antidepressant agent, NRX-1074.  Naurex's first-generation compound, GLYX-13, has demonstrated good safety, robust efficacy and rapid onset of effect in a Phase IIa trial.  Preclinical studies show that NRX-1074 is several thousand times more potent than GLYX-13when administered orally.

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Faculty Startups Formed

iNfinitesimal 
Horacio Espinosa, McCormick School of Engineering
iNfinitesimal is a nanotechnology company that develops tools for targeted and controlled cellular delivery of biomolecules, drugs, nanoparticles, or other chemicals in liquid solution. Its mission is to translate emergent nano- and biotechnologies from the laboratory into commercial tools that provide unique capabilities to researchers and enable novel studies that are not possible with conventional tools.

Catapult
Adam Goodman and Alan Wolff, McCormick School of Engineering
Catapult's Leadership Portal helps individuals develop their leadership and teamwork abilities, and also provides organizations with population-wide information about their leaders' abilities, needs and development goals. The Portal integrates assessments, exercises, and learning modules so that people can learn from their own experiences and how others perceive their leadership and teamwork.

Go U, LLC

Bruce Lindvall, Daniel Lee, Alan Wolff, McCormick School of Engineering
Go U simplifies the graduate school admission process for students, staff and faculty.  Its online software, called Graduate Admission Tracking System (GATS), was developed by a team of NU users.  It streamlines the entire application progress by tracking the status of a variety of milestones, maintaining all data and documents in one system, and facilitating the communication between applicants and
institutions.

Zzyzx Polymers 
John Torkelson,  McCormick School of Engineering
Zzyzx Polymers was founded by Philip Brunner and Michael Janse to produce polymeric materials that cannot be made via conventional processing techniques and to recycle polymers that would otherwise go to a landfill.  Zzyzx Polymers utilizes an innovative process known as solid-state shear pulverization (SSSP).  SSSP was developed and refined over 10 years in the laboratory of Prof. John Torkelson.
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Other INVO News... 

Center for Device Development (CD2).
The first CD2 Fellowship is in full swing.  Applications for 2014-15 medical and engineering positions are open until Oct 15.  Selections will be made by Nov 15.  For questions, contact Maryam Saleh.  Visit cd2.northwestern.edu.

INVO Video Series.
INVO is developing an online video series to help familiarize
Northwestern inventors with our office processes.  The first video, "Disclosing Your Invention" will be available this fall on INVO's website.

INVO & Social Media
INVO entered the realm of  social media with Twitter (@NUatINVO) in December 2012.  This Fall, we have added LinkedIn as another social media outlet.  Follow us on Twitter and our new company LinkedIn page for some of the latest stories related to innovation and entrepreneurship at Northwestern.  Network on our page.  Follow highlights on financial and product development activity related to our startups.  Learn about technologies that are available for licensing. We welcome feedback on content of our tweets and posts!

The first INVO Commercialization Seminar for the 2013-14 year will take place in early November on the downtown campus.  Darren Green, JD (Adjunct Professor at the NU School of Law) will cover the topic of "Legal Aspects of Commercialization."  He practiced corporate law for over 6 years at 2 large Chicago law firms and has been a sole practitioner for the past 12 years representing entrepreneurs, startups and growth businesses, including a number of NU Faculty startups.  He is very familiar with the many legal issues that arise and will share practical information.  For questions, contact Sonia Kim.
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FY'13 FUN FACTS 

INVO...
processed  ~1  DISCLOSURES/day
filed  >2  PATENTS/day
 executed
 >2  AGREEMENTS/month
started  
1  COMPANY/month
 
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About Us

The Innovation and New Ventures Office inspires and nurtures a culture of innovation, bridging Northwestern research with its practical use for public benefit.

For more information, visit INVO or contact  
Sonia Kim.  Follow us on Twitter and LinkedIn.

INVO

1800 Sherman Ave, Suite 504
Northwestern University
Evanston, Illinois 60201
847.467.2097