Variation Biotechnologies
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Variation Biotechnologies
Variation Biotechnologies Inc. (VBI), also known as VBI Vaccines Inc., is a biopharmaceutical company, headquartered in Cambridge, Massachusetts, with research facilities in Ottawa, Ontario, Canada, and a research and manufacturing site in Rehovot, Israel. Its Ottawa facility has approximately thirty researchers working with National Research Council of Canada (NRC) to produce a COVID-19 vaccine—VBI-2902. In August VBI received CA$56 million from the Government of Canada to prepare its vaccine for clinical trials by the end of 2020. The company's CEO, Jeff Baxter, said that VBI-2902 is cheaper to produce than other vaccines. __TOC__ Background By 2007, VBI had received financial support from the National Research Council of Canada's Industrial Research Assistance Program, Innovation, Science and Economic Development Canada and Investissement Quebec. The company was originally financed by Clarus Ventures, a global life sciences venture capital firm under then CEO is Jeffrey Leiden ...
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Cambridge, Massachusetts
Cambridge ( ) is a city in Middlesex County, Massachusetts, United States. As part of the Boston metropolitan area, the cities population of the 2020 U.S. census was 118,403, making it the fourth most populous city in the state, behind Boston, Worcester, and Springfield. It is one of two de jure county seats of Middlesex County, although the county's executive government was abolished in 1997. Situated directly north of Boston, across the Charles River, it was named in honor of the University of Cambridge in England, once also an important center of the Puritan theology embraced by the town's founders. Harvard University, the Massachusetts Institute of Technology (MIT), Lesley University, and Hult International Business School are in Cambridge, as was Radcliffe College before it merged with Harvard. Kendall Square in Cambridge has been called "the most innovative square mile on the planet" owing to the high concentration of successful startups that have emerged in the vicinity ...
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Rehovot, Israel
Rehovot ( he, רְחוֹבוֹת ''Rəḥōvōt'', ar, رحوڤوت ''Reḥūfūt'') is a city in the Central District of Israel, about south of Tel Aviv. In it had a population of . Etymology Israel Belkind, founder of the Bilu movement, proposed the name "Rehovot" (lit. 'wide expanses') based on Genesis 26:22: "And he called the name of it ''Rehoboth''; and he said: 'For now the Lord hath made room for us, and we shall be fruitful in the land'." This Bible verse is also inscribed in the city's logo. The biblical town of '' Rehoboth'' was located in the Negev Desert. History Ottoman era Rehovot was established in 1890 by pioneers of the First Aliyah on the coastal plain near a site called ''Khirbat Deiran'', an "abandoned or sparsely populated" estate, which now lies in the center of the built-up area of the city. According to Marom, Deiran offered "a convenient launching pad for early land purchase initiatives which shaped the pattern of Jewish settlement until the ...
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National Research Council Of Canada
The National Research Council Canada (NRC; french: Conseil national de recherches Canada) is the primary national agency of the Government of Canada dedicated to science and technology research & development. It is the largest federal research & development organization in Canada. The Minister of Innovation, Science, and Economic Development (currently, François-Philippe Champagne) is responsible for the NRC. Mandate NRC is an agency of the Government of Canada, and its mandate is set out in the '' National Research Council Act''. Under the Act, the NRC is responsible for: * Undertaking, assisting or promoting scientific and industrial research in fields of importance to Canada; * Providing vital scientific and technological services to the research and industrial communities; * Investigating standards and methods of measurement; * Working on the standardization and certification of scientific and technical apparatus, instruments and materials used or usable by Canadian in ...
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Innovation, Science And Economic Development Canada
Innovation, Science and Economic Development Canada (ISED; french: Innovation, Sciences et Développement économique Canada; french: ISDE, label=none)''Innovation, Science and Economic Development Canada'' is the applied title under the Federal Identity Program; the legal title is Department of Industry (). is a department of the Government of Canada. ISED is responsible for a number of the federal government's functions in regulating industry and commerce, promoting science and innovation, and supporting economic development. The department was known as Industry Canada (IC) prior to 2015. The department is led by the minister of innovation, science and industry (currently François-Philippe Champagne), who also serves as the registrar general of Canada and is responsible for the department to Parliament. Several other ministerial portfolios are associated with the department. While the minister is head of the department, and provides policy/political direction, the day-to-day ...
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Jeffrey Leiden
Jeffrey Leiden, M.D., Ph.D. is the executive chairman of Vertex Pharmaceuticals, a biotechnology company based in Boston, Massachusetts. He was initially appointed to the board of directors of the company in 2009 and was CEO and president from February 2012 to March 2020. Early life Leiden grew up in Glencoe, a suburb north of Chicago. His mother was a primary school teacher, and his father was a clinical psychologist with a PhD in psychology. He has one sister. His grandparents on his mother’s side were Russian immigrants. At ten years old he learned to scuba dive, and by eleven he was a certified scuba instructor. Education Leiden attended a progressive public school in Glencoe, IL called North School which had a special self-paced learning program. In elementary school Leiden skipped second grade and started the University of Chicago after his junior year at New Trier East High School, at the age of 15. He received his bachelor's degree in biological sciences at age 1 ...
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ARCH Venture Partners
ARCH Venture Partners (ARCH) is an American venture capital firm based in Chicago. Background In 1986, the ARCH Development Corporation was initially created by the University of Chicago and the Argonne National Laboratory as an non-profit initiative to commercialize the technology developed by them . The name ARCH reflects this origin with "AR" from Argonne and "CH" from the University of Chicago. ARCH Development Corporation was led by Steven Lazarus who was Deputy Dean of University of Chicago Booth School of Business. Lazarus noted that that startup plans were hindered by lack of external capital so a venture fund would be created to provide it. In 1989, the University of Chicago and Argonne National Laboratory provided around $9 million in capital for ARCH Development Corporation's first fund, ARCH Venture Fund Limited Partnership. It was believed to be first venture capital fund to be established between a major U.S. laboratory and university and the first to be fully p ...
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Medical And Health Organizations Based In The United States
Medicine is the science and practice of caring for a patient, managing the diagnosis, prognosis, prevention, treatment, palliation of their injury or disease, and promoting their health. Medicine encompasses a variety of health care practices evolved to maintain and restore health by the prevention and treatment of illness. Contemporary medicine applies biomedical sciences, biomedical research, genetics, and medical technology to diagnose, treat, and prevent injury and disease, typically through pharmaceuticals or surgery, but also through therapies as diverse as psychotherapy, external splints and traction, medical devices, biologics, and ionizing radiation, amongst others. Medicine has been practiced since prehistoric times, and for most of this time it was an art (an area of skill and knowledge), frequently having connections to the religious and philosophical beliefs of local culture. For example, a medicine man would apply herbs and say prayers for healing, o ...
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Biotechnology Companies Of The United States
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used by Károly Ereky in 1919, meaning the production of products from raw materials with the aid of living organisms. Definition The concept of biotechnology encompasses a wide range of procedures for modifying living organisms according to human purposes, going back to domestication of animals, cultivation of the plants, and "improvements" to these through breeding programs that employ artificial selection and hybridization. Modern usage also includes genetic engineering as well as cell and tissue culture technologies. The American Chemical Society defines biotechnology as the application of biological organisms, systems, or processes by various industries to learning about the science of life and the improvement of the value of materials ...
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