Category: Finance
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Biotech in $3.7B Licensing Deal for Hepatitis-B
A biotechnology company developing therapies that silence the actions of disease-causing genes is licensing its treatment program for hepatitis-B to Janssen Pharmaceuticals.
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Wireless Solar Power, Data Transmission Designed for IoT
A process for capturing light to power Internet of Things, or IoT devices, is shown to use the same solar cells to transmit data over an IoT system.
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$29.5M Funding Raised for Sinus Drug Delivery Company
A company developing a drug delivery technology to treat chronic sinus conditions is raising $29.5 million in its second venture financing round.
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Genome Centers Named for Precision Medicine Program
Three medical research centers in the U.S. will begin analyzing the DNA in specimen samples from participants in a large-scale precision medicine initiative conducted by National Institutes of Health.
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Spin-Off Company Developing New Antibiotics
A start-up enterprise in the U.K. is commercializing research from a university lab that discovered a new class of antibiotics promising to treat drug-resistant bacterial infections.
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Virtual Reality Therapy Company Gains $5.1M in Early Funds
A company in the U.K. developing automated treatments for phobias using immersive virtual reality is raising £3.2 million ($US 5.1 million) in its first venture funding round.
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Small Business Grant Supports Bone Fracture Technology
An award from National Institutes of Health is funding development of a new injected drug that promises to repair bone fractures without surgery.
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NIH Grant Aims to Make Drugs Taste Better, Not Bitter
A new award from National Institutes of Health funds a study to identify components in taste bud cells that block bitter taste sensations encountered in some drugs and foods.
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Start-Up Offers Digital Health Prescriptions, Raises $1.8M
A new enterprise that offers electronic health service prescriptions is raising $1.8 million in seed funds and starting a program for prescribing digital health services simultaneously to groups of people.
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Scientists, Investors Form $100M+ Tech Venture Fund
A group of entrepreneurs and leading scientists in the U.K. unveiled a venture investment fund that plans to back start-up companies developing a wide range of ground-breaking technologies.