Expansion

Management talent consulting company Caliper has partnered with the University of Central Florida to offer programs for the university’s undergraduate and graduate students.

As part of the program, which begins this fall, students will use Caliper’s workplace assessment, the Caliper Profile, which is designed to “solve human capital issues” as well as how to leverage their own strengths and pinpoint areas for professional development.

“We are excited to fully integrate Caliper’s portfolio of assets into three of our graduate programs — masters of business administration, professional masters in human resources, and masters of business analytics — as well as in our undergraduate certificate program in HR,” said Ron Piccolo, PhD, professor and chair of management at the University of Central Florida’s College of Business. “Partnering with Caliper allows us to provide an engaged, active, relevant, and real-world learning experience for our students, who will have distinct advantages as their careers continue to develop.”

Once students have engaged in their own professional development and have participated in a series of data-driven learning experiences, they will have the opportunity to become Caliper certified. Caliper Certification is a combination of online learning and an expert-facilitated workshop that will help students apply the principles of psychological science to talent management issues.

Caliper, 500 Alexander Park, Suite 300, Box 2050, Princeton 08540. 609-524-1200. Mark Greenberg, CEO. www.caliperonline.com.

Acquisition

Dr. Reddy’s Laboratories, a maker of generic drugs, says it has acquired a portfolio of 42 approved, non-marketed Abbreviated New Drug Applications in the U.S.

The portfolio includes more than 30 generic injectable products. These products will require to be technology transferred and could be launched within the next one to two years. The value of total addressable market for these products in the U.S. is approximately $645 million.

Erez Israeli, chief operating officer of Dr. Reddy’s Laboratories, said: “The acquisition is in line with our stated strategy to significantly enhance our portfolio in our chosen growth markets. This transaction will help augment our injectables product portfolio in the U.S. market and globally.”

Dr. Reddy’s Laboratories, 107 College Road East, Princeton 08540. 908-203-4900. Marc Kikuchi, chairman and CEO. www.drreddys.com.

Alexander Road Bridge Reopens

The bridge that carries Alexander Road over Stony Brook was reopened on April 16 after an eight-day closure for emergency repairs. The unanticipated closure snarled traffic into and out of Princeton from Route 1 and points south and forced the NJTransit buses that are currently running in place of the Dinky train to take alternate routes.

The traffic delays in the past week may have been a preview of what’s to come this summer, when that bridge and an adjacent bridge over the canal are scheduled to be closed for multiple months while both bridges and a nearby culvert are replaced.

Blockchain Startup Raises Millions

Offchain Labs, a startup spun out of Princeton University and involving former Obama adviser and Princeton computer scientist Ed Felten, has raised $3.7 million in seed funding.

The company is setting out to solve two of the biggest problems with blockchain systems such as Bitcoin, which are scalability and privacy. (Bitcoin, the granddaddy of all blockchains, uses a public record of transactions, which is not secure, and which gets less efficient as the network gets bigger.)

It is creating a platform called Arbitrum that seeks to solve these problems.

According to reports, Pantera Capital, Compound VC, Raphael Ouzan of Blocknation, Stone Bridge Ventures managing director Jake Seid, and others were the investors.

Deaths

Robert Mark, 88, on March 29. He was a professor of civil engineering at Princeton, who pioneered the application of modern engineering modeling to study the structure of medieval and ancient buildings. He once used advanced modeling techniques to create a computer model of stresses and strains within the structure of Notre Dame Cathedral.

Charles Gross, 83, on April 13. He was a Princeton professor of neuroscience and husband to author Joyce Carol Oates. Gross was a professor at Princeton for 43 years and is credited with revolutionizing understanding of sensory processing and pattern recognition.

Ronald Holt, 75, on April 10. He was an engineer at Transamerica DeLaval for 34 years and after retirement taught computer science classes at Mercer County Community College and other institutions in the area.

Catherine Healy Marchok, on April 9. She was employed for 29 years by Mercer Medical Center/Capital Health System, where she was director of the Health Sciences Libraries.

Brian F. McGuinness, 55, on April 10. He was director of chemistry at Venenum Biodesign in Trenton, where he focused on drug discovery.

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