If traffic on the southwest side suddenly seems heavier, there could be a reason: Epic Systems Corp., the Verona electronic health records powerhouse, is in the midst of another big boost to its staff.
Spokesman Shawn Kiesau declined to comment on how many employees have come on board the privately owned Epic at any particular time, but he said he is now telling news media the health IT company has 7,400 employees. That’s up 600 from February, when the company reported having a staff of 6,800.
“Epic’s continued growth is exciting for Wisconsin and the region. It attracts homegrown talent as well as people from well beyond our borders who bring a new dimension to the state and our economy,” said Tom Still, Wisconsin Technology Council president. “Health information technologies are redefining medicine and health care delivery in many ways, and Epic continues to play on the leading edge.”
Epic is known for hiring people right out of college, so a big staff jump around this time would not be unusual, and it would signal the continuing explosive growth of the company which, in June 2011 – three years ago — had 4,200 employees. The company, founded in 1979, had $1.66 billion in revenues in 2013.
NorthStar to build
factory in Beloit
NorthStar Medical Radioisotopes will break ground Wednesday for its factory in Beloit.
The 50,000-square-foot plant will be used to make molybdenum-99, which decays to form an isotope — technetium-99m — that’s in high demand for use in medical tests. It’s used in such common procedures as testing blood flow through the heart and detecting if breast cancer cells have spread to key lymph nodes. Current sources for the isotope are outside the U.S., produced by aging nuclear reactors.
When the plant is completed – expected by the end of 2014 – NorthStar will move its headquarters from Madison to Beloit. Twenty people will be employed by the factory at the outset, the company says. But that’s just the first phase . The second and third phases anticipate doubling the size of the building and, later, adding a linear accelerator in 2018. At that point, the company says it expects to employ 165 full-time workers.
Stem cell company CDI awarded three patents
Cellular Dynamics International (CDI), the stem cell company founded by UW-Madison stem cell pioneer James Thomson, has been awarded three significant patents on reprogramming human cells into stem cells from human blood.
CDI manufactures several types of stem cells and sells them to scientists and researchers. The Madison company said in a news release that blood is the preferred tissue for creating stem cells because it’s collected in a standardized and relatively noninvasive way.
CDI said the patents relate both to blood that has just been taken in a doctor’s office as well as blood stored in blood banks.
The company has more than 800 patents. Founded in 2004, CDI also has operations in Novato, California.
Start-up named to water tech council
A Madison start-up, pHinding Solutions, has been accepted into Milwaukee’s Water Technology Council.
PHinding Solutions creates tools to simplify the collection and display of data, which the company says can make research more efficient.
The Water Technology Council’s six-month accelerator program starts in September and provides seed funding and discounted housing and office space.
PHinding Solutions is one of six companies chosen for the program from among nearly 50 applicants.