NEW YORK, June 7 – LaunchCyte, a Pittsburgh-based life sciences incubator, announced Thursday two deals to develop and commercialize technologies developed at area universities.

Under the terms of one of the deals, LaunchCyte said that it had created a new company, Morewood Molecular, which has garnered the exclusive rights to commercialize a new proteomics technology from the University of Pennsylvania.

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At his FDA Law Blog, Jeffrey Gibbs discusses FDA's technical assistance for the draft Diagnostic Accuracy and Innovation Act.

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