Category: Finance
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TB Vaccine Test on Covid-19 Expanding to Europe
A clinical trial testing a current tuberculosis vaccine among health care workers in Australia is expanding in that country and to two European countries.
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Biotech Gains Antibody Discovery, Manufacturing Funds
A Canadian biotechnology company is receiving government funds for Covid-19 antibody discovery and manufacturing for current and future pandemics.
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NIH Opens Covid-19 Diagnostic Test Challenge
National Institutes of Health began a competition for new diagnostic tests that can better determine the extent of Covid-19 infections in the U.S.
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Univ Building Single Covid-19 Diagnostic, Antibody Test
A university bio-engineering lab is developing a single point-of-care test that detects both Covid-19 viruses in nasal swabs and antibodies in blood samples.
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Psychiatric Drug Maker Raises $80M in Venture Funds
A developer of treatments for mental health disorders based on controlled hallucinogenic substances is raising $80 million in new venture financing.
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Electronic Stockings Tested for Muscle Stimulation
Compression stockings, 3-D printed with electronic circuits woven in, will soon be tested among patients bed-ridden for long periods with Covid-19 infections.
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Fast, Simple Covid-19 Antibody Test Being Developed
An engineering lab is creating an easy-to-use test of immune-system antibodies to the SARS-Cov-2 virus responsible for Covid-19 infections.
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Infographic – Biotech Remains Hottest Venture Sector
A report on venture capital investments for the first quarter of 2020 shows biotechnology companies remain the largest recipients of venture investor dollars.
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Venture Deals Decline in Q1, Biotech Sizzles Again
The number of venture deals declined for the third straight quarter as 2020 opened, but biotechnology remained the hottest single sector for investors.
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Moderna Gains $483M for Covid-19 Vaccine
A government preparedness agency awarded biotechnology company Moderna Inc. $483 million to advance its Covid-19 vaccine through clinical trials.