Cambridge spinout Definigen has boosted its intellectual property portfolio by licensing additional research from the university.

The Perelman School of Medicine, the School of Engineering and Applied Science and the Office of the Vice-Provost of Research have joined forces to launch Penn Health-Tech.

The $1.5m UConn Innovation Fund, established in August last year, has made its first three investments, namely Torigen Pharmaceuticals, Bioarray Genetics and Shoreline Biome.

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Microdermics, a spinout of UBC, has developed a microneedle that injects medication into the upper skin layer, avoiding blood vessels and nerve tissue.

Milken Institute has produced a report ranking more than 200 US universities for their tech transfer prowess, with Utah, Columbia and Florida universities making up the top three.

The fleet automation spinout from Swiss Federal Institute of Technology in Lausanne has attracted a $2m extension for its seed round.

The oncology drug developer has raised $92.5m in VC funding, $11.5m of which came from MedImmune Ventures, the CVC unit that now owns a 16.7% stake.