A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.

Utah University tops tech transfer table

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.

Investors inject $1m into Microdermics

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

G1 goes for $115m IPO

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.

BestMile races to $5.5m finish

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

Mars Innovation meets KHIDI

Scientists from Mars Innovation’s partner institutions have met their South Korean counterparts in Seoul to hold initial discussions on scientific collaborations.

Florida names O’Connell director of tech transfer

Jim O’Connell, former director of technology transfer at University of Miami, has replaced outgoing director David Day.

OSI hires stockbroker Numis

Corporate and government venturing firms-backed Oxford Sciences Innovation has retained stockbroker Numis as a financial adviser.

Carnegie Mellon breaks ground on TCS Hall

The new facility on the university campus, founded in conjunction with Tata Consultancy Services, will house research and academic spaces to promote next-generation technologies.

Neural Analytics processes $10m

The UCLA spinout will expand its commercialisation efforts and continue its research into brain health conditions.

Smart Sparrow catches $4m

The New South Wales University spinout has raised $4m in funding from investors including Uniseed to develop its online learning platform.