March 25, 2009 8:59 AM
- Text
DARPA Awards Contract to CellThera for Tissue Restoration
(MoneyWatch) The Defense Advanced Research Projects Agency (DARPA) awarded CellThera a follow on contract to continue their efforts at developing tissue regeneration. Medical News Today reports that the contract is worth $570 thousand and is for one year with an option. This contract will allow the Worcester Polytechnic Institute (WPI) affiliated company to continue work they started under a previous contract. The goal of the research is to engineer cells to restore muscles cells with some functionality. This research is part of a DARPA program to develop new therapies for injured soldiers. Obviously this research will also have significant impact on civilian health care as well if it is successful. DARPA is the part of DoD that funds more exotic and risky research in a whole host of different technologies. Ideally it seeds this through a variety of sized companies across the U.S. The DoD also has a program to harness its research for civil applications that has had some benefits in the past. For instance the ubiquitous computer mouse was a DARPA invention as is the Internet.
Latest Now in MoneyWatch
- Ohio unemployment hits 3-year-low
- Jill on Money: Retirement investing, allocation, long term care
- Could "web-lining" be dangerous?
- Insurers respond cautiously to contraceptive plan
- Judge: Legally, breastfeeding not related to pregnancy
- Budget deficit drops to $27 billion in January
- Why the Powerball Jackpot is part of my investment strategy
- Is the new VW Beetle diesel worth the money?
- Consumer sentiment highlights risks to recovery
- Valentine blues? 10 best cities to be single
- December trade deficit widens to $48.8 billion
- Alcatel-Lucent returns to profit in 2011
- 6 things never to say in a performance review
- $26B mortgage deal: Who gets the money?
- Friendly's CEO steps down
- Quarterly loss hits $3.3B at Postal Service
- Greeks rail against cuts as EU demands more
Latest CBS News Headlines
on Facebook
on CBS News
- Boeing says it's frustrated with Dreamliner glitch
- Officials: Gaza man killed in Israeli airstrike
- Gunmen kill provincial judge, child in Afghanistan
- Boeing says it's frustrated with Dreamliner glitch
on Facebook
- Whitney Houston 1963-2012
- Adele sings a cappella for Anderson Cooper
- "Phantom" star sings on "CBS This Morning: Saturday"
on CBS News






