Category: Finance
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AI Drug Discovery Company Acquired in $270M Deal
A biotechnology company using protein dynamics to develop precision cancer therapies is acquiring a drug discovery company based on machine learning algorithms.
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Synthetic DNA Company Raises $24M in Early Funds
A company with a technology it says is simpler and more like natural processes to produce synthetic DNA is raising $24 million in its first venture round.
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Nine Campuses Join Rural Food Research Fund
Nine universities in the U.S. are taking part in a program supporting research and entrepreneurs developing food and agricultural solutions in rural areas.
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Infographic – Global Venture Funds Hit Record High
Venture investing, a key source of capital for research-based companies, hit a record high level worldwide in the first quarter of 2021.
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Small Biz Grant Funds Wrist Fracture Adhesive
A company developing a biocompatible material to aid bone healing will test the substance on treating simulated wrist fractures in large animals.
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Infectious Disease Biotech Raises $100M in Venture Funds
A biotechnology company designing vaccines for viral diseases including Covid-19 is raising $100 million in its second venture funding round.
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Microsoft, Biotech Partner on Metastatic Cancer
A biotechnology start-up is collaborating with Microsoft Corp. on computational tools to find and predict factors that cause cancers to spread.
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Hearing Tech Company Raises New Venture Funds
A company creating devices that help people with hearing impairments, but without the stigma or cost of hearing aids, is raising $7 million in new venture funds.
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Infographic – Biotech Index Dips in Q1
For the first three months of 2021, the NBI continued its climb from last year, but then headed south and ended up about where it began for the year.
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Mobile App to Track Fat, Sugar Consumption
A mobile app is being created that allows users to record their eating of saturated fat and added sugar in near real time to better gauge health effects.