Category: Finance
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Infographic – Late Charge Boosts Biotech Index
The Nasdaq Biotechnology Index, an indicator of investor interest in the industry, rose in December to close up by 26 percent for the year.
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Student Lab Wins Covid-19 Mask Challenge
An interdisciplinary university student lab won top prize in a design competition for a new type of face mask to block Covid-19 transmissions.
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Global Vaccine Funds in Covid-19 Relief Bill
The Covid-19 relief bill that the U.S. Congress expects to pass today has more funds for an international group distributing vaccines to low-resource regions.
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Neuroscience Biotech Acquired in $770M Deal
A three year-old biotechnology company developing treatments for psychiatric and movement disorders is being acquired by global drug maker Novartis.
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Gates Funding Home-Based Crispr Covid-19 Diagnostic
A medical device developer is receiving a Gates Foundation grant for a simple test to detect Covid-19 infections, done completely at home.
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Financial Asset Managers Supporting Net Zero Emissions
Thirty asset managers, directing investments worth some $9 trillion, agreed to encourage their clients to achieve global net zero greenhouse gas emission goals.
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Covid-19 Antibody Developer Raises $483M in IPO
A biotechnology company developing therapeutic antibodies for Covid-19 infections is raising $483 million in its initial public offering of common stock.
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Daily Covid-19 Nasal Spray Vaccine in Works
A group of university and government labs is formulating an antiviral drug as a nasal spray for use as a daily preventive vaccine against Covid-19 infections.
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Challenge Seeks Sustainable Chicken, Fish Alternatives
A new challenge competition from XPrize is looking for alternatives to chicken and fish that look and taste like the real thing, but are friendlier to the planet.
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Small Biz Grant Funds AI Repro Health Technology
A company developing health metrics with artificial intelligence received a grant to better understand polycystic ovary syndrome, an endocrine disorder affecting women.