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In the Headines

About University-Related Businesses:: May 2006

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Democrat and Chronicle (May 27)

Logical Images Shopping Tool to Aid in Fight Against Bird Flu
[Logical Images], founded by University of Rochester Medical Center dermatologist Art Papier, said the module can still help doctors avoid panic by helping them use a digital database of X-rays to distinguish between avian flu and other illnesses that have similar symptoms.

Democrat and Chronicle (May 26)

Startup Keys on Cardiac Technology Software
The University of Rochester Medical Center announced Thursday it would enter into an exclusive licensing agreement with iCardiac Technologies Inc., a newly formed startup that will be based in the Rochester area. Since 1998, at least 15 startups have formed out of UR Medical Center research or technology.

Democrat and Chronicle (May 14)

Slow But Persistent Growth at Infotonics
It was two years ago last Wednesday that Republican Gov. George Pataki and Democratic U.S. Sen. Charles Schumer cut the ribbon at the center. Its mission: researching the fields of photonics and microsystems and helping companies turn that research into commercial products. Eighteen colleges and universities, including Rochester Institute of Technology and the University of Rochester, also are supporting institutions. . . . David R. Smith is the center’s second CEO, replacing UR professor Duncan Moore, the Rudolf and Hilda Kingslake Professor of Optical Engineering, who shepherded the center from the drawing board into its building.

Rochester Business Journal (May 11)

VirtualScopics Increases Staff, Sales
VirtualScopics Inc. expects to continue to add to its client roster and maintain growth, officials said at the company’s annual shareholders meeting today. The medical imaging analysis firm has boosted employment to 59 people, up 40 percent from 42 staffers at the end of last year, said Robert Klimasewski, president and CEO. . . . A University of Rochester spinoff, VirtualScopics is banking on technology that extracts complex information from ordinary computerized tomography and magnetic resonance imaging scans. (A May 3 Rochester Business Journal story reported that VirtualScopics’ sales jumped 46 percent in the first quarter.)