SalemNews.com, Salem, MA

Business

December 26, 2012

Business Briefcase

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VascuVis in Wenham was awarded the highly competitive NSF SBIR Phase I funding for development of vascuCAP, to begin in January. The company seeks to establish feasibility and market potential of vascuCAP, the company’s vascular disease computer-aided prognostic software that detects vulnerable atherosclerotic plaques. The goal of vascuCAP’s Phase I research is to extend beyond static diagnostics by developing an integrated segmentation, registration and classification MRI scan and computer-aided analysis toolkit for prognosis prediction of stable or unstable plaque from longitudinal MRI data. The technology represents a cost-effective, safe and capable plaque assessment tool to enable effective, fast and appropriate treatment.

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Salem Theatre Company was awarded a $2,500 grant ($5,000 over two years) from the Massachusetts Cultural Council, a state agency. The grant was awarded through MCC’s PEERS Program and will support the operations of the theater company over the next two years. The Salem Theatre Company is a nonprofit organization in Salem that presents classic, contemporary and new works of exceptional theater.

New businesses

Aligned for Life Chiropractic LLC, a chiropractic office, celebrated its grand opening with an open house and ribbon-cutting ceremony at its new location, 317 and 319 Rantoul St., Beverly. The event included music by DJ Willy, face-painting, tours, and consultations and posture checks.

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Paolo Laboa, an Italian award-winning chef, was named executive chef and partner at Prides Osteria, 240 Rantoul St., Beverly. Prides Osteria, owned by Michael Magner, opened for the first time on Dec. 1 and features pasta made from scratch daily, local produce and exclusively hormone-free meats.

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