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February 25, 2014
08:44 EDTTINYHarris & Harris signs several agreements with Patia Biopharma
Harris & Harris notes the announcement by its portfolio company, Metabolon that it has signed several exclusive multi-year, royalty-based research collaboration and licensing agreements with Patia Biopharma. The research collaboration provides Metabolon's Quantose IR technology for use in several diabetes prevention studies in Mexico. The license agreement provides exclusive access in Mexico to Metabolon's prediabetes test technology for assessing insulin resistance in the general population of Mexico through Patia and Clinica Ruiz's network of laboratories. Under the terms of the agreements, Patia and its affiliates will use Metabolon's Quantose IR technology in unprecedented large-scale studies in Mexico to test for prediabetes in up to 3M overweight or obese adults and secondary school students who are obese and/or have a family history of diabetes. The goal of these studies is to detect prediabetes early and prescribe treatment to prevent progression to Type 2 diabetes. Testing will be carried out over four years, beginning with pilot studies in FY14.
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November 16, 2015
10:27 EDTTINYHarris & Harris says D-Wave enters into multi-year deal with Lockheed Martin
Harris & Harris Group (TINY) notes that its portfolio company, D-Wave Systems, Inc., announced that it has entered into a multi-year agreement with Lockheed Martin (LMT) to upgrade the company's 512-qubit D-Wave Two quantum computer to the new D-Wave 2X system with 1,000+ qubits. This represents the second system upgrade since Lockheed Martin became D-Wave's first customer in 2011 with the purchase of a 128-qubit D-Wave One system. The agreement includes the system, maintenance and associated professional services. The new system will be hosted at the University of Southern California-Lockheed Martin Quantum Computation Center, which first began exploring the power of quantum computing with the D-Wave One, the world's first quantum computer. The installation of the D-Wave 2X system is expected to be completed in January 2016.
November 11, 2015
12:00 EDTTINYHarris & Harris's portfolio company announces sale of quantum computer
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