Category: Finance
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Defense Dept Funding Fast TBI Diagnostics Kit
A medical device company in Finland is receiving a U.S. Department of Defense grant to develop a kit for soldiers in the field to quickly detect concussions.
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Stem Cell Start-Up Raises $250M in Venture Funds
A company begun last year to create cancer therapies from banked, off-the-shelf stem cells is raising $250 million in its first round of venture financing.
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Two Biotechs Each Issue $300M+ IPOs
Two biotechnology enterprises in the U.S. issued their initial public stock offerings yesterday, with each company raising at least $300 million in their transactions.
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A.I. Chip Start-Up Raises $23M in Early Funds
A start-up enterprise is developing computer chips designed to run artificial intelligence, or A.I., applications but with an architecture it says can avoid memory logjams.
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Company Launches Attacking Cancer Proteins, Lands $67M
A new enterprise is starting-up to develop treatments that target cancer-causing proteins considered unreachable with current therapies.
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Educational Robotics Spin-Off Company Acquired
Root Robotics, a developer of robots that teach coding to school children, is now part of the consumer and educational robotics company iRobot Corp.
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Laser Treatments Developed for Age-Related Vision Loss
Researchers in Finland are designing techniques using temperature-controlled lasers to treat a common form of vision loss associated with aging.
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Efficient Carbon Capture Membranes Being Developed
University engineers and chemists are creating a more efficient material for separating carbon dioxide from emissions in power and industrial plants.
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Gates Funding VR with Expansion Microscopes
The Bill and Melinda Gates Foundation is backing research to combine a microscopy technique that grows the size of samples being examined with virtual reality, or VR.
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Foundation Supports Muscular Dystrophy RNA Therapy
A university spin-off company is receiving a foundation grant to advance its Crispr technology targeting RNA to treat a form of muscular dystrophy.