The National Institutes of Health is giving translational device and diagnostics research at the University of Washington a $65 million shot in the arm. As The Seattle Times reports, the new 5-year grant will help the school's Institute of Translational Health Sciences run pilot projects, launch clinical trials and ultimately spin-off businesses centered around new devices and diagnostic tests. Other projects could center around new drugs, or even smartphone apps that help patients with particular conditions. One early success from the institute: The launch of a company centered around a device designed to deliver medication to a patient with a brain infection or disease. Story