Category: Finance
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Small Biz Grant Funds PTSD Diagnostic, Treatment
A company creating diagnostics and a treatment for post-traumatic stress disorder, or PTSD, is receiving initial funding to develop its products.
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Synthetic Bio Company Acquired in $2.35B Deal
A company developing protein-like therapies for cancer from synthetic bacteria is being acquired by drug maker Sanofi in a deal valued at $2.35 billion.
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Rice Univ, Shell Partner on Sustainable Carbon
Rice University and the energy company Shell launched a program to sustainably produce carbon derived from splitting rather than burning hydrocarbons.
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University Opens Geothermal Entrepreneurship Center
A federally-funded research and entrepreneurship center is underway to adapt and commercialize geothermal energy technologies from the oil and gas industry.
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AI-Based Discovery Seeks Non-Opioid Pain Drugs
A new initiative aims to find non-opioid treatments for chronic pain targeting specific nerve cells that initiate pain sensations.
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NIH Grant Funds A.I.-Based Tuberculosis Detector
A company developing a system to quickly detect tuberculosis by analyzing sputum images received a federal grant to advance and validate its technology.
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Company, Univ. Lab Partner on Skin Disease Treatment
A company making regenerative skin therapies and a medical school research center are developing a spray-on treatment for a genetic skin disorder.
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Radiology A.I. Company Raises $4M in Seed Funds
A start-up company developing systems with artificial intelligence to aid the work of radiologists is raising $4 million in its seed funding round.
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Foundations Direct $5M for Neurodegenerative Tests
Two foundations are spending $5 million to develop new diagnostics for frontotemporal degeneration, an inherited neurodegenerative disorder and form of dementia.
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Medical Knowledge A.I. Company Raises Early $4.8M
A company developing a system with artificial intelligence to analyze medical literature for treatment insights is raising nearly $5 million in its first venture round.