Tag: entrepreneurs
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Life Sciences Investment Company Closes New Fund
28 February 2014. Abingworth LLP, an investment company based in London, closed its 10th fund designed for financing life sciences and health care enterprises. The company says its Abingworth Bioventures VI fund raised £225 million ($375 million), exceeding its target of £200 million. Abingworth expects its Bioventures VI fund to invest in life sciences companies in Europe…
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Implanted Heart Membrane Device Created by 3-D Printer
25 February 2014. Engineers and medical researchers at Washington University in St. Louis and University of Illinois in Champaign used a three-dimensional printer to create a membrane that fits over the heart, with electronic components to monitor its functions. The team led by Washington University’s Igor Efimov and Illinois’s John Rogers published its findings today…
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Science-Based Enterprises: Great Ideas Beat Venture Capital
14 February 2014. Three entrepreneurs starting companies based on science described how they got their businesses off the ground, with ground-breaking science in many cases more important than a large stash of venture capital. San Diego entrepreneurs John Newsam, Irwin Jacobs, and Han Cao told of their start-up business experiences today at a session of…
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Start-Up Developing Gene Therapies Lands $45M in Early Funds
12 February 2014. Voyager Therapeutics, a new start-up in Cambridge, Massachusetts creating gene therapies for disorders of the central nervous system, gained $45 million in first-round financing. Third Rock Ventures, a venture capital company specializing in life science enterprises, provided the funds for the company founded by researchers at University of Massachusetts Medical School, University…
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Biotech, National Lab Partner on Gas-to-Liquid Conversion
Calysta Energy, a biotechnology company in Menlo Park, California and Lawrence Livermore National Laboratory in Livermore, California are developing a biological process for converting methane to liquid fuel. Financial aspects of the agreement were not disclosed. Livermore National Lab is a facility of the U.S. Department of Energy. The project aims to devise a technique…
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Trial Testing Ultrasound Technique to Move Kidney Stones
A clinical trial at University of Washington in Seattle is testing an ultrasound device that moves the position of kidney stones in the body to encourage safe passage of the stones without surgery. The early-stage trial is testing the device invented in the lab of engineering professor Mike Bailey, who is also starting a company…
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DNA Diagnostics Company to Crowdfund Malaria Testing Device
QuantuMDx, a biotechnology company in Newcastle, U.K. says it will start a crowdfunding campaign next month to finance development and field trials of a handheld device to test for malaria. The device is an application of its Q-POC point-of-care diagnostics system, which will be the subject of an Indiegogo campaign beginning 12 February. The company,…
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Heart Vessel Surgical Glue Shown Effective in Animal Tests
Surgeons and biomedical engineers at Boston Children’s and Brigham and Women’s hospitals and Massachusetts Institute of Technology, developed a non-toxic, biocompatible surgical glue that in tests with pigs patches heart defects, such as those in large blood vessels. The team led by Boston Children’s Pedro del Nido and Jeffrey Karp of Brigham and Women’s Hospital…
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Start-Up Licenses UMass Cancer Immunotherapy Technology
Agalimmune Ltd., a new start-up enterprise in London, U.K. and Irvine, California, licensed research discoveries from University of Massachusetts Medical School in Worcester to develop treatments for solid tumors that harness the power of the patient’s immune system. Financial details of the agreement were not disclosed. The technology licensed from UMass, called Alphaject by the…
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Planet Labs Launches Two More Earth Imaging Satellites
Planet Labs, a geoscience and data analytics company in San Francisco, launched two more earth imaging satellites in its Dove series, designed to demonstrate the company’s technologies. The satellites, Dove 3 and Dove 4, were launched as payloads on a Russian Dnepr rocket. The company launched Dove 1 and Dove 2 into orbit in April…