WASHINGTON, Aug. 26 -- Sen. Ron Wyden issued the following press release:

Washington, D.C.-U.S. Senators Ron Wyden and Jeff Merkley with U.S. Representative Suzanne Bonamici today announced a federal investment of $5.9 million to Portland State University to help turn institutional research into commercial products.

"Oregon's public universities produce top-tier scientific breakthroughs, and lab discoveries shouldn't sit on a shelf when they could be creating good-paying jobs and growing our local economy," Wyden said. "This federal award will help reward faculty who turn campus discoveries into viable startups, vibrant local industry partnerships, and practical solutions. It's a tremendous win for Oregon's innovation ecosystem and for tr...