November 2014
In the News

AgileTherapeutics credits EDA for continued growth in NJ

Princeton, NJ - According to a recent announcement by the New Jersey Economic Development Authority, "Agile Therapeutics, Inc., a specialty pharmaceutical company focused on the development of innovative women's healthcare products, opened its doors in 1997 with a couple of employees. Today, the company boasts a full-time staff of 11, with plans for further expansion in the coming years.  Agile completed its initial public offering in May 2014, raising gross proceeds of $55 million from various investors, including Princeton-based ProQuest Investments."

Princeton, NJ - Professor Salvatore Torquato of Princeton University, offers a way to probe the conditions surrounding tumor dormancy and the switch to a malignant state. Published last month in the journal "PLOS ONE," he designed a new computational model to simulated various scenarios of tumor growth leading to tumor dormancy or proliferation.

Washington D.C. - President's Council of Advisors in Science and Technology recently announced the release of a second report coming from their Advanced Manufacturing Partnership (AMP) Steering Committee, titled "Accelerating U.S. Advanced Manufacturing." The report recommends the federal government should invest in strategic technologies and multi-agency initiatives to increase U.S. advanced manufacturing capabilities.  It also suggested a great focus on enabling innovation, securing the talent pipeline, and improving the nation's business climate.

Immune proteins moonlight to regulate brain-cell connections

Princeton, NJ - Researchers from Princeton University as well as other universities found that an immune-system protein called MHCI, or major histocompatibility complex class I, moonlights in the nervous system to help regulate the number of synapses, which transmit chemical and electrical signals between neurons. "The researchers report in the Journal of Neuroscience that in the brain MHCI could play an unexpected role in conditions such as Alzheimer's disease, type II diabetes and autism."

Boston, MA - The Boston Consulting Group announced the release of its annual survey on innovative companies. The survey covers overall innovative leaders as well as industry leaders, providing data beginning in 2005, basing it off of public data on revenues, profits, total shareholder returns, and R&D spending.

Washington D.C. - In the recent Brookings Institute article, Kevin C. Desouza briefly discusses the value of Open Data and how state and localities could leverage this information. "A major goal of open data programs is to increase transparency. Making data open is a way to provide citizens with a view into the activities and processes of public institutions. Open data can also improve collaboration between citizens and public agencies and increase the level of civic participation. However, transparency can be costly."

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Our Mission
Innovation NJ is a diverse coalition of business, higher education and government established to strengthen and enhance the culture of innovation in New Jersey by:
  • Promoting public policies that encourage innovation
  • Fostering greater dialogue among members of New Jersey's innovation community
  • Increasing collaboration between New Jersey's business and higher education communities

Founded by:

                       Haskell Berman                                         Melanie Willoughby

         Senior Vice President - State Affairs                     Senior Vice President

                                HINJ                                                            NJBIA