Research Finds Electromagnetic Fields Could Be Used To Treat Diabetes Remotely

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Researchers at the University of Iowa Health Care have discovered a new way to treat blood sugar non-invasively. The team found that exposure to static electric and magnetic fields normalized blood sugar and insulin resistance, meaning it may be possible to treat type 2 diabetes with electromagnetic fields (EMFs). 

In the study, Calvin Carter, PhD, and Sunny Huang, an MD/PhD student, exposed mice to EMFs for a few hours per day. Their results indicated that EMFs alter the balance of oxidants and antioxidants in the liver, improving the body’s response to insulin. With lasting effects on blood sugar and insulin levels seen, the discovery opens up the possibility of treating type 2 diabetes even overnight, as opposed to the current cumbersome treatment regimes. 

While the discovery is major, the study was almost accidental. Huang was practicing taking blood from mice and measuring blood sugar levels, and Carter offered mice he was using to study the effect of EMFs on the animals’ brain and behaviour. The mice, which had a genetic modification that made them diabetic (and therefore would have high blood sugar levels), had normal blood sugar levels upon testing. From this, the project began. The study found that static magnetic and electric fields modulated blood sugar, and exposure during sleep reversed insulin resistance within three days of treatment.

EMFs these days are used in anything from mobile devices to MRI and EEG machines. However, their impact on human biology is not fully understood. In researching the topic, Carter and Huang found that many animals (e.g. a number of species of birds) sense the Earth’s electromagnetic field and use it for navigation. This pointed to a quantum biological phenomenon whereby EMFs may interact with specific molecules in the body. Some of these molecules are oxidants, which are studied in redox biology, which looks at the behavior of electrons and reactive molecules that govern cellular metabolism. The team collaborated with redox biology experts to better understand an oxidant molecule called superoxide, which plays a role in type 2 diabetes. The experiments suggest that EMFs alter the signaling of superoxide molecules, specifically in the liver, which leads to the prolonged activation of an antioxidant response to rebalance the body’s redox set point and the response to insulin.

Because of the success from the mice trials, the team also treated human liver cells. After six hours of EMF treatment, the cells’ surrogate marker for insulin sensitivity improved significantly, suggesting that the EMFs may also produce the same anti-diabetic effect in humans. The study has now moved onto larger animals, with a goal of human trials, and providing this as a viable solution for people. Carter and Huang, along with Carter’s brother Walter, have founded Geminii Health, to develop wearable devices with this technology.

Are you developing a new treatment, product or process? Did you know your R&D experiments could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes. 

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPA’s.  For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Top Iowa Universities team up to be at the forefront of bioscience innovations

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Iowa has been viewed as a leader in bioscience innovation with the University of Iowa and the Iowa State University working together to produce a variety of agricultural solutions. Both universities have been awarded a two year see grant worth $50,000 as an initiative towards developing the projects which include seeing how gut bacteria treat chronic diseases, improving weather forecasts for precision agriculture and better preventative vaccines for livestock.

The grant is supported by the offices of the Vice President for Research at the University of Iowa and the Iowa State University. The aim was to encourage innovative research and development to take place, contributing to one of Iowa’s leading industries.

Marty Scholtz, University of Iowas vice president for research said ” these grants are an example of the potent impact faculty and universities can have when they work side by side. And it’s a testament to the common vision and passion that the University of Iowa and Iowa State University bring to the task of addressing the world’s most pressing challenges.”

Furthermore, Iowa State University’s vice president for research, Sarah Nusser commented, “the biosciences represent a significant growth engine for Iowa’s economy, and research is the fuel that drives this growth. This valuable program helps our institutions create an innovation ecosystem to accelerate identifying and translating scientific breakthroughs that ultimately lead to new commercialized bioscience technologies and innovations.”

Winning bioscience projects for 2019 include:

  • Treating chronic disease with immunotherapies developed from gut bacteria
  • Improving weather forecasts with better digital data
  • Better vaccines against swine and avian flu

Below are several Iowa universities currently tackling different challenges of tomorrow:

  • Iowa State University and the University of Iowa are creating joint team’s that’ll work together to use gut bacteria to produce better vaccines against avian/swine flu, improve weather predictions for precision farming, and treat chronic diseases. 
  • Iowa State University’s College of Veterinary Medicine has been developing vaccines to eradicate and control animal ailments, while at the same time providing an ultra-modern teaching hospital. The college is also offering veterinary services that protect human and animal health by offering effective diagnostic testing to thousands of farmers each year. 

To top it off, these universities leverage almost $1.5 billion in external funding each year and have efficient procedures in place for technology transfer, which when coupled together allow innovative technologies to move into commercialization faster. 

 

 

2019 Innovation Rankings By State

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The United States is usually accredited as one of the most innovative nations in the world. However, that does not mean the country’s technological and innovation quests are divided equally around the nation.

Burgeoning technology and innovative concepts usually find their inception in major regions such as San Francisco and New York, while middle tier states in the nation try to play catch-up.

With the United States predicted to spend approximately $581 billion on Research and Development (R&D) in 2019, and New York City recently no longer under consideration for Amazon’s 2nd headquarters, finance and research website WalletHub recently published an enumeration ranking the 50 U.S. States and District of Columbia in terms of innovation rate.

It came as no surprise that the least innovative states on the list included the Midwest states, usually ignored by leading tech firms in favor of metropolitan areas that have historically enticed top tech talent and major tech firms.

In order to come up with the rankings, Wallet Hub based its findings on multiple metrics divided into two different categories: innovation environment and human capital.

The human capital category includes units such as projected STEM job demand in 2020, the share of STEM professionals, and participation and performance in high school level science and math exams.

The innovation environment category, on the other hand, included each state’s tax-friendliness, number of jobs in new companies, level of research and development spending, and every state’s share of firms that are tech oriented.

Below are the most and least innovative states in the U.S. according to WalletHub:

Most innovative states

  1. Massachusetts
  2. Maryland
  3. Washington
  4. District of Columbia
  5. California
  6. Colorado
  7. Virginia
  8. Utah
  9. Delaware
  10. Oregon

Least innovative states

  1. Oklahoma
  2. Nebraska
  3. Hawaii
  4. Kentucky
  5. Iowa
  6. Tennessee
  7. Arkansas
  8. West Virginia
  9. Louisiana
  10. Mississippi

Top States for Doing Business 2016

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How does your state rank for doing business? CNBC ranked all 50 states for business using a range of publicly available data.  They used a points-based system for each of the 10 categories of competitiveness.

Here are the results:

Workforce

Rating based on education level of the workforce, the numbers of available employees, and the states’ demonstrated abilities to retain college-educated workers.

Top 5

  1. Colorado
  2. Massachusetts
  3. Virginia
  4. North Dakota
  5. Arizona

Bottom 5

  1. Maine
  2. Missouri
  3. Hawaii
  4. Vermont
  5. Kentucky

Cost of Doing Business

Rating based on the competitiveness of each state’s tax climate, as well as state-sponsored incentives that can lower the cost of doing business. Utility costs can add up to a huge expense for business, and they vary widely by state. Also considered was the cost of wages, as well as rental costs for office and industrial space.

Top 5

  1. Indiana
  2. Iowa
  3. Mississippi
  4. South Dakota
  5. Kentucky

Bottom 5

  1. Hawaii
  2. California
  3. Maryland
  4. Connecticut
  5. Massachusetts

Infrastructure

Rating based on the vitality of each state’s transportation system by the value of goods shipped by air, waterways, roads and rail. The availability of air travel in each state, the quality of the roads and bridges, and the time it takes to commute to work was taken into account, as was the condition of each state’s drinking water and wastewater systems.

Top 5

  1. Indiana
  2. Tennessee/Texas
  3. Tennessee/Texas
  4. Georgia
  5. Minnesota

Bottom 5

  1. Rhode Island
  2. New Hampshire
  3. Maine
  4. Connecticut
  5. Hawaii

Economy

Rating based on economic growth, job creation, consumer spending, and the health of the residential real estate market. Each state’s fiscal health was measured by looking at its credit ratings and outlook, as well as its overall budget picture. Also considered was the number of major corporations headquartered in each state.

Top 5

  1. Texas
  2. Colorado
  3. Utah
  4. Florida
  5. Oregon

Bottom 5

  1. Mississippi
  2. Maine
  3. Alabama
  4. West Virginia
  5. Louisiana

Quality of Life

Rating based on livability, including several factors, such as the crime rate; inclusiveness, such as antidiscrimination protections; the quality of health care; the level of health insurance coverage and the overall health of the population. Also evaluated were local attractions, parks and recreation, as well as environmental quality.

Top 5

  1. Hawaii
  2. Minnesota
  3. Vermont
  4. New Hampshire
  5. Maine

Bottom 5

  1. Arkansas
  2. Missouri
  3. Oklahoma
  4. Louisiana
  5. Tennessee

Technology and Innovation

Rating based on support for innovation, the number of patents issued to their residents and the record of high-tech business formation. Also considered were federal health, science and agricultural research grants to the states.

Top 5

  1. Washington
  2. California
  3. Massachusetts
  4. New York
  5. Maryland

Bottom 5

  1. Mississippi
  2. West Virginia
  3. Wyoming
  4. Arkansas
  5. Louisiana

Education

Rating based on the number of higher-education institutions in each state, as well as long-term funding trends for higher education. Also evaluated were several measures of K–12 education, including test scores, class size and spending, as well as digital and lifelong learning opportunities in each state.

Top 5

  1. Massachusetts
  2. Minnesota
  3. Wyoming
  4. Illinois
  5. Virginia

Bottom 5

  1. Nevada
  2. Idaho
  3. Mississippi
  4. Arizona
  5. Alabama

Business Friendliness

Rating based on the freedom each state’s legal and regulatory frameworks provide for business.

Top 5

  1. New Hampshire
  2. South Dakota
  3. Virginia
  4. North Dakota
  5. Idaho

Bottom 5

  1. California
  2. West Virginia
  3. Illinois
  4. Mississippi
  5. Hawaii

Cost of Living

Rating based on cost of housing, food and energy.

Top 5

  1. Mississippi
  2. Kentucky
  3. Arkansas
  4. Alabama
  5. Tennessee

Bottom 5

  1. Hawaii
  2. New York
  3. Delaware
  4. California
  5. Connecticut

Access to Capital

Rating based on venture capital investments by state, as well as small-business lending on a relative basis.

Top 5

  1. Illinois
  2. North Carolina
  3. California
  4. Michigan
  5. New Jersey

Bottom 5

  1. Wyoming
  2. Vermont
  3. West Virginia
  4. Delaware
  5. New Mexico

Many US businesses can take advantage of the state and/or federal R&D tax credit. Please contact a Swanson Reed representative to find out what is available in your state and whether your business qualifies.

How Does Your State Rank on the Innovation Scale?

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Innovation Is Key

Innovation is crucial to sustainable economic growth, but for innovation to occur businesses must have both the incentive and the capacity to invest.

As innovation is key to the United States’ economy as a whole, many U.S. states are showing off while others are falling short when it comes to patents, R&D, venture capital and academics.

So which states are excelling in innovation and which ones are lacking, you ask?

Patents

The top states in patents per population include:

  1. Wisconsin
  2. Washington
  3. Texas
  4. Utah
  5. California
  6. Massachusetts

The bottom five patented states include:

  1. Alaska
  2. Mississippi
  3. Tennessee
  4. West Virginia
  5. Wyoming

Venture Capital

The top states for venture capital are:

  1. Massachusetts
  2. California
  3. Utah
  4. Washington
  5. Colorado

The lowest are:

  1. Arkansas
  2. Alaska
  3. Hawaii
  4. Wyoming
  5. Iowa
  6. South Dakota

R&D Spending

The leaders in R&D spending are:

  1. Delaware
  2. Michigan
  3. California
  4. Connecticut
  5. Massachusetts

The states that spent the least on R&D include:

  1. Arkansas
  2. Wyoming
  3. Louisiana
  4. Alaska
  5. Mississippi

Academics

As for academics, the top states include:

  1. New Mexico
  2. Maryland
  3. Rhode Island
  4. Massachusetts
  5. Alabama

The lowest academic rankings were for:

  1. Louisiana
  2. Arkansas
  3. Delaware
  4. Wyoming
  5. Nevada

If you are a U.S. based company conducting R&D you may be eligible for the federal and/or state research tax credit. Please contact a Swanson Reed representative to find out further information.

State of the art R&D center opens in Iowa

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The University of Iowa is now home to a state of the art research and development center. Applied Food Science (AFS), recently opened the multi-million-dollar R&D center in Iowa City, which consists of molecular biology labs, advanced analytical and material research laboratories, and a pilot production plant.

AFS are a natural ingredient supplier specializing in botanical extract for food, beverages and supplements. AFS source their ingredients in a manner which is both sustainable and socially responsible. The company seeks to create a solution for producing the healthiest organic products imaginable.

AFS are excited about the plans in store for the company’s endeavors to converge science with food. The primary R&D goals will consist of fostering the growth of plant-based science and testing how the evolution of food fits into the current and future food supply. These research outcomes will assist in not only continuing to feed the growing population, but also providing a healthier and more nutritionally sound food source.

AFS see the University of Iowa to be a great location to base their innovation center, as it beneficially positions them closer to farmers who feed the community, and processors who utilize plants for added-value end products. Additionally, the University of Iowa are renowned for their diligent work ethic, professionalism and innovative culture in the areas of biotechnology and food science, therefore the fit between the two industries deemed as appropriate.

Loretta Zapp, CEO of AFS, states that the following center is evidence of the company’s commitment to its customers and the enhanced value the company seeks to bring in their products. The R&D center will create an ideal environment to foster collaborative teams with the mission of touching all aspects of how food science advances can produce long term benefits in people’s health and wellness. Zappo is optimistic that the research outcomes will add even more value to the current offerings that include supply chain sustainability, innovation, formulation and manufacturing support.

To learn more about the Iowa R&D credit or the federal credit, contact a Swanson Reed specialist by clicking here.

Iowa Grants Over $42 million in R&D Tax Credits

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More than 180 companies in Iowa were granted a tax credit refund in 2015 for conducting research and development activities within the state.

In total, 186 companies received more than $42 million in tax credit refunds last year from the state’s Research Activities Tax Credit program, the Iowa Department of Revenue reported.

The program awards tax credits to companies and individuals that conduct research inside of Iowa. Refunds are provided when tax credit claims made by a company or individual exceed the taxpayers’ state tax liability and they owe no state income tax.

Combined with refunds to individuals, the tax credit program paid out more than $44.4 million in tax credit refunds last year.

The total research activities tax credit claims made last year equaled around $57.1 million.

Overall, 1,031 individuals claimed more than $7 million while 248 corporations claimed more than $50.1 million of the tax credits. A large majority of those claims were made by just 20 companies.

Critics of the program have questioned why so few companies claim such a large part of the tax credits and why the state is providing companies with money when it’s on a tight budget.

Supporters of the research activities tax credit believe the tax credit helps the businesses decide where to locate and where to conduct their research. Providing the tax credit is an incentive to  invest in Iowa.

To learn more about the Iowa R&D credit or the federal credit, contact a Swanson Reed specialist by clicking here.