CytoSorbents (OTC:CTSO) announced today that the U.S. Army has awarded it a $1.1 million contract to develop its HemoDefend-BGA adsorber. HemoDefend-BGA can rapidly remove more than 99% of anti-A and anti-B antibodies from plasma to create a “universal plasma” that could be administered to anyone, irrespective of blood type, while maintaining critical coagulation activity, according to […]
MASSDEVICE ON CALL — The U.S. military piloted a new program to help prevent injuries in the field, modifying a technology developed by Move2Perform to calculate injury risk among athletes.
The program placed soldiers into a single day of physical training to generate data on potential injury risk that may identify which soldiers are most at risk for musculoskeletal injuries. The tests combine stores of data and can be conducted in non-clinical settings by non-medical personnel.
The National Venture Capital Assn. is spearheading a drive to get a bill through the U.S. Senate that would make it easier for small companies to raise money by going public.
The "IPO On Ramp" measure would ease the regulatory requirements for IPOs and temporarily reduce the reporting burdens imposed by the Sarbanes-Oxley Act.