The News Review:

- VCURES awarded Naval research monies
- Private equity’s appetite for company stakes
- NLM and RWH Announce New NIH Web Site Source for Women’s Health…

VCURES awarded Naval research monies
United Press International – Mar 10, 2008
The announced awards are in addition to a recent Defense Department award granted to California-based Synthetic Blood International Inc. for clinical trial with xycyte. “These four grants will support pre-clinical research studies involving xycyte perfluorocarbon therapeutic oxygen carrier and blood substitute the release said. “These grants will allow us to expand upon the previous studies which showed that early intervention with xycyte can prevent the destruction of nerve cells brain tissue in a number of conditions including decompression illness and gas embolism” Bruce Spiess Virginia Commonwealth University professor of anesthesiology and emergency medicine director of Anesthesiology research and director of VCURES said in a statement. The pre-clinical studies and research into effectiveness of xycyte is an effort by the U. Defense Department to more effectively treat traumatic brain injuries the “largest single cause of mortality and long-term morbidity for coalition troops stationed in Iraq and Afghanistan” the release said.

Private equity’s appetite for company stakes
Pakistan Dawn – Mar 10, 2008
ICICI Bank has had a lead in this sector having set up a VC unit much earlier. SBI Capital Markets has entered into a 50:50 joint venture with Japan’s Softbank Investment Holdings for the new fund. The India Knowledge Fund will be geared to meet the needs of the IT ITES telecommunications clinical research outsourcing environmental technology and alternative energy sectors. It will invest in unlisted high-growth companies with initial investments ranging from $3 million to $10 million. The Insurance Regulatory and Development Authority of India now plans to allow even insurance companies to invest up to five per cent of their investible corpus in VC funds that invest in infrastructure projects. For the PE and VC funds sectors in India the good times and the big backs are rolling in.

NLM and RWH Announce New NIH Web Site Source for Women’s Health…
WebWire – WebWire (press release) – Mar 10, 2008
We are delighted that the NLM has developed just such a resource that will be of great value to researchers clinicians and anyone with an interest in the many aspects of women’s health and diseases”The NLM and RWH hope that by creating such a one-stop on-line resource for women’s health research at the NLM consumers health care providers and researchers will be able to more quickly access the latest information available on scientific developments for important issues related to women. Women’s Health Resources from the NLM Web site can be found at:.