Veteran NFL quarterback Matt Hasselbeck has been around big-time football his whole life, even roaming the sidelines as a high school ball boy while his father, Don, played tight end for the New England Patriots. So you can believe it when he says that, despite the game’s big budgets and slick production, not much has changed … Continue reading “Athletes Look to Tech for Performance, Injury Help at Harvard”
Category: Boston
East Coast Biotech Roundup: Sigal, Radius, SHIN-NY, & More
Perhaps the biggest story in the biotech world this week came out west, where Brisbane, CA-based Intermune (NASDAQ: [[ticker:ITMN]]) nailed a big late-stage study and saw its shares soar more than 160 percent. But there was plenty of action on the East Coast as well. We’ve got all of it wrapped up below: —Elliott Sigal … Continue reading “East Coast Biotech Roundup: Sigal, Radius, SHIN-NY, & More”
How to Tell When a Startup Is Ready for Investment
Since 2005 startup accelerators have provided cohorts of startups with mentoring, pitch practice, and product focus. However, accelerator Demo Days are a combination of graduation ceremony and pitch contest, with the uncomfortable feel of a swimsuit competition. Other than “I’ll know it when I see it”, there’s no formal way for an investor attending Demo … Continue reading “How to Tell When a Startup Is Ready for Investment”
eVariant Obtains $1,500,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6b05f811-d123-4a7d-951b-269bfaedb3dd Date 2/28/2014 Company Name eVariant Mailing Address 308 Farmington Avenue Farmington, CT 06032 Company Description As a strategic eBusiness consulting firm, our mission is to help every client realize the ROI on their Marketing, Sales and IT investments. Website http://www.evariant.com Transaction Type Debt Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes … Continue reading “eVariant Obtains $1,500,000 New Financing”
Revamped Radius Health Looks to Cash In With $86M IPO
Radius Health has raised more than $250 million from private investors to develop an osteoporosis drug to pit against Eli Lilly’s teriparatide (Forteo). Now, after switching CEOs three times and kicking off a big Phase III trial, the Cambridge, MA-based company will see if it can get the same type of financial support on Wall … Continue reading “Revamped Radius Health Looks to Cash In With $86M IPO”
A New Era for Microsoft: Overcoming the Innovator’s Dilemma
I don’t know if Microsoft will be a $300 billion company 50 years from now, but I do know one thing: selecting Satya Nadella as CEO gives it a better chance than some of the names that were discussed in the news since Steve Ballmer announced he would be stepping down. The reason is simple: … Continue reading “A New Era for Microsoft: Overcoming the Innovator’s Dilemma”
Smarterer Obtains $1,600,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5589e982-6860-42e2-85e4-07346dca8852 Date 2/27/2014 Company Name Smarterer Mailing Address 500 Harrison Ave. Boston, MA 02118 Company Description Smarterer provides crowd-sourced tests that allow you to get scored and ranked on digital, social, and technical tools. Scores can be shared for reputation, competition, and fun. Add questions to improve your score. Website http://www.smarterer.com Transaction … Continue reading “Smarterer Obtains $1,600,000 New Financing Round”
CounterTack Receives New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=142a4106-a515-4712-894c-b79b314d6174 Date 2/27/2014 Company Name CounterTack Mailing Address 303 Wyman Street Waltham, MA 02451 Company Description CounterTack is the industry’s first and only in-progress attack intelligence and response solution that enables enterprise and government organizations to combat advanced targeted attacks with a new line of defense. Website http://www.countertack.com Transaction Type Venture Equity … Continue reading “CounterTack Receives New Round”
Respiratory Motion Obtains $5,800,000 Series B Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3afdd371-51ea-45e2-9499-ed6545d6f694 Date 2/27/2014 Company Name Respiratory Motion Mailing Address 411 Waverly Oaks Rd. Waltham, MA 02452 Company Description Respiratory Motion, Inc. (RMI) is a new generation medical device company developing and commercializing the ExSpironTM. RMI’s goal is to cost-effectively improve the standard of care in respiration monitoring. Ventilation monitoring is increasingly recommended … Continue reading “Respiratory Motion Obtains $5,800,000 Series B Financing Round”
New York’s Life Science Disruptors on March 6: Here’s the Agenda
The grass roots biotech movement is in full swing in the New York area. And in just a week, Xconomy will bring together some of the region’s most influential names to talk about it. On March 6, we’ll be hosting our latest biotech event, “New York’s Life Science Disruptors,” at the Apella event space at … Continue reading “New York’s Life Science Disruptors on March 6: Here’s the Agenda”
Encore Entrepreneurs: They’re Older and They Have More Insurance
OK, I want you to take a quick test and answer the question with the first thing that comes to mind: What does a “start-up entrepreneur” look like? OK, do you have a picture in your mind? If you are like most people, I bet your first thought was someone who looks suspiciously like a … Continue reading “Encore Entrepreneurs: They’re Older and They Have More Insurance”
NuoDB Scales Up Database Business with $14.2M from Dassault
It’s been about a year since NuoDB released its first product, a new kind of database software designed for the era of cloud computing. The Cambridge, MA-based company had all of the frills you might expect for the occasion, including testimonials from early customers who said they’d put the new technology through its paces. That … Continue reading “NuoDB Scales Up Database Business with $14.2M from Dassault”
Clarity Software Solutions Garners New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=edfb14ce-50b9-4fe6-b1e2-0354bd1ecf71 Date 2/26/2014 Company Name Clarity Software Solutions Mailing Address 92 Wall St. Madison, CT 06443 Company Description Clarity Software Solutions, Inc. helps health insurance clients optimize customer relationships-and save time and money-by enhancing flexibility and control over document management and communications delivery. Website http://www.clarityssi.com Transaction Type Venture Equity Transaction Amount Undisclosed … Continue reading “Clarity Software Solutions Garners New Financing”
An Executive’s Guide to Not Screwing Up Partnerships
Everyone loves partnerships. These fancy sounding deals are also often called “strategic alliances,” “co-marketing agreements,” “channel sales,” or in Continental Europe, “a coöperation” (sounds quite nice and German, doesn’t it?). Partnerships are prestigious, and they whisper to you the sweet possibilities of easy revenue. In Silicon Valley, they are generally run with lots of fanfare … Continue reading “An Executive’s Guide to Not Screwing Up Partnerships”
Elliott Sigal, Bristol’s Former R&D Chief, on Life After Big Pharma
Less than a year ago, Elliott Sigal, Bristol-Myers Squibb’s R&D chief for nearly a decade, stunned the industry. After a lengthy run that saw Bristol morph from a slogging, multifaceted healthcare conglomerate with its fingers in everything from AIDS drugs to baby formula, to a sleeker, pure play biopharmaceutical company, Sigal abruptly walked away in … Continue reading “Elliott Sigal, Bristol’s Former R&D Chief, on Life After Big Pharma”
NuoDB Garners $14,177,947 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48e5b79a-cc7c-42e3-a772-1c4e86b3a14f Date 2/25/2014 Company Name NuoDB Mailing Address 215 First Street Cambridge, MA 02142 Company Description NuoDB is a NewSQL database. It looks and behaves like a traditional SQL database from the outside but under the covers it’s a revolutionary database solution. It is a new class of database for a new … Continue reading “NuoDB Garners $14,177,947 New Funding”
Quanttus Receives $19,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a332c90-6a7f-44dc-99ea-ad68135cbf79 Date 2/25/2014 Company Name Quanttus Mailing Address One Broadway Cambridge, MA 02142 Company Description Our vision is to transform personal health by providing people with convenient and clinically relevant clarity about their body, and by delivering actionable insights that lead the way to a healthier life. Website http://www.quanttus.com Transaction Type Venture … Continue reading “Quanttus Receives $19,000,000 New Round”
Inform Genomics Garners $1,216,792 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c6a4068-8b00-4873-8a13-e425369e9b7f Date 2/25/2014 Company Name Inform Genomics Mailing Address 101 Federal Street Boston, MA 02110 Company Description Our vision is to transform individual patient care & drug development with our predictive pharmacogenomic platform of products. Website http://www.informgenomics.net Transaction Type Venture Equity Transaction Amount $1,216,792 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Inform Genomics Garners $1,216,792 New Financing Round”
CounterTack Garners $3,000,000 Series B Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3d6ab793-0c86-4f04-8d4a-f8d739ccf393 Date 2/25/2014 Company Name CounterTack Mailing Address 303 Wyman Street Waltham, MA 02451 Company Description CounterTack is the industry’s first and only in-progress attack intelligence and response solution that enables enterprise and government organizations to combat advanced targeted attacks with a new line of defense. Website http://www.countertack.com Transaction Type Venture Equity … Continue reading “CounterTack Garners $3,000,000 Series B Funding Round”
Lumicell Obtains $549,990 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c9238ec0-44a7-497b-bfca-875a4615a8cf Date 2/25/2014 Company Name Lumicell Mailing Address 80 William Street Wellesley, MA 02481 Company Description The company is developing a medical device that can detect remaining cancer cells after surgery. Lumicell is addressing the number one challenge in cancer surgery – the need to remove all cancer cells within the tumor … Continue reading “Lumicell Obtains $549,990 Series B Financing”
Fintech Startup Quovo, Led by Harvard Grads, Expands Into MA
Financial data can be downright awkward and wonky to deal with. The challenge is not just that there is a lot of information to work with, says Quovo CEO Lowell Putnam. Data taken from different sources might not even look similar. For example, he says, market data and transaction data are not always put together … Continue reading “Fintech Startup Quovo, Led by Harvard Grads, Expands Into MA”
The Inside Story: What CISOs Know About Cybersecurity
In the wake of aggressive press coverage of recent major breaches at companies from Target to Neiman Marcus, cybersecurity has finally moved out of the shadows to become a top-of-mind issue at major enterprises. The new focus is dramatically changing the landscape for security leaders and business executives, who no longer struggle to convince their … Continue reading “The Inside Story: What CISOs Know About Cybersecurity”
IBM Buys Online Database Provider Cloudant as Cloud Wars March On
IBM is taking another bite out of the cloud software world as it tries to keep up with much younger technology companies. Today, IBM announced it was buying Boston-based Cloudant, an online database software provider. The price wasn’t revealed. Cloudant had raised about $15 million in private investment since it was founded in 2008. Cloudant’s … Continue reading “IBM Buys Online Database Provider Cloudant as Cloud Wars March On”
Quanttus Dives Into Personal Health With $22M From Khosla, Matrix
Last summer, we were the first to report on a stealthy MIT startup that’s trying to become a big player in personal health and wellness. Well, that company is now one of the better-funded efforts in this emerging sector. Quanttus, a 25-person startup based in Cambridge, MA, announced today that it has raised a $19 … Continue reading “Quanttus Dives Into Personal Health With $22M From Khosla, Matrix”
Hiring in Biotech is Tricky. But Algorithms Won’t Save the Day
People who appreciate baseball stats agree: Jonny Gomes of the Boston Red Sox is a below-average player. Yet, if you pay attention to his intangibles, he looks better. Even with lousy performance data, he was credited with playing a key role last fall in helping his team win the World Series. The Gomes example reminds … Continue reading “Hiring in Biotech is Tricky. But Algorithms Won’t Save the Day”
CareBooker Secures $395,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ec8d688-dde9-4ac5-bd04-37fa8a29259a Date 2/24/2014 Company Name CareBooker Mailing Address Undisclosed Norwalk, CT 06854 Company Description CareBooker is the best place to find and book care for the whole family all under one roof, from child care, pet care, tutoring & lessons, to house cleaning, sports & fitness, and senior care. Website http://www.carebooker.com Transaction … Continue reading “CareBooker Secures $395,000 New Funding Round”
Unidesk Lands $10,249,999 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d40cb07f-220c-4eec-96db-b144075aa2c0 Date 2/24/2014 Company Name Unidesk Mailing Address 313 Boston Post Road West Marlborough, MA 01752 Company Description Unidesk is focused on building innovative new software solutions that will dramatically reduce costs, increase IT control, and enhance the end user desktop computing experience for enterprise customers. Website http://www.unidesk.com Transaction Type Venture Equity … Continue reading “Unidesk Lands $10,249,999 New Funding”
bigtincan Garners $5,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=edc3e7a2-af1c-471a-b620-d4d43c32a6e0 Date 2/24/2014 Company Name bigtincan Mailing Address 470 Atlantic Ave. Boston, MA 02110 Company Description With bigtincan you can make the most of your mobile field teams for corporate issued and BYOD smart devices and extend your communications and content management to your partners, extended networks and customers. Website http://www.bigtincan.com Transaction … Continue reading “bigtincan Garners $5,000,000 Series A Financing”
IBM Acquires Cloudant for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ada15af6-db23-4bcb-a9de-df51fb063144 Date 2/24/2014 Company Name Cloudant Mailing Address 129 South St. Boston, MA 02111 Company Description Cloudant offers an integrated database, analytics, and search, providing businesses with an easy to use, highly-scalable data platform based on Apache CouchDB. Website http://www.cloudant.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms … Continue reading “IBM Acquires Cloudant for Undisclosed Sum”
Rovi Acquires Veveo for $69,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eed98a1b-5839-4b09-a56e-5ade28e909ae Date 2/24/2014 Company Name Veveo Mailing Address 40 Shattuck Road Andover, MA 01810 Company Description Veveo’s mission is to simplify access to web video content from Internet-connected devices. Our vTap solution is a quick and easy way to experience web videos from input and display constrained devices such as mobile phones … Continue reading “Rovi Acquires Veveo for $69,000,000”
“All Hat, Ton of Cattle…”
Had a remarkable day Friday in Houston crawling around the Texas Medical Center. I was in town to speak at the Xconomy Healthcare Summit—an incredible roster of speakers and attendees, I must say. As Ron DePinho, president of MD Anderson Cancer Center, characterized, this part of Houston is as if someone put the Kendall Square … Continue reading ““All Hat, Ton of Cattle…””
Isis Shares Climb on Early Data for Rare Spine Disorder Drug
Isis Pharmaceuticals could earn a big check if a drug it’s developing for a rare spinal disorder is up to snuff with Biogen Idec. Though that decision hasn’t been made by the Cambridge, MA-based biotech giant just yet, Isis took a step forward with some early results from a mid-stage study. Carlsbad, CA-based Isis (NASDAQ: … Continue reading “Isis Shares Climb on Early Data for Rare Spine Disorder Drug”
WhatsApp, $19 Billion, and the Unreal Economy of Silicon Valley
Facebook announced Wednesday that it will acquire mobile messaging provider WhatsApp, a five-year-old startup in Santa Clara, CA, for $4 billion in cash, $12 billion in stock, and another $3 billion in restricted stock units. So, $19 billion when all’s said and done. The deal is eyebrow-raising on any number of levels. What made WhatsApp … Continue reading “WhatsApp, $19 Billion, and the Unreal Economy of Silicon Valley”
East Coast Biotech Roundup: HART, CoStim, Forest/Actavis, & More
[Updated, 3:20 pm ET] Local universities, investment firms, and non-profit groups have been increasingly teaming up of late to get basic research off the ground. A couple more such deals were struck this week. Those stories and much more below: —David Green spent almost two decades leading Holliston, MA-based Harvard Bioscience (NASDAQ: [[ticker:HBIO]]) before taking … Continue reading “East Coast Biotech Roundup: HART, CoStim, Forest/Actavis, & More”
Boston Tech Roundup: Irrational, Wayfair, Spark, ClickSoftware
[Updated 8:40 a.m.] Layoffs, IPO filings, investment, and an acquisition in this trip through a few of the week’s storylines around the greater Boston technology sector: —Irrational Games, developers of the big console franchise BioShock, has abruptly shut down. In a post on the company’s website, co-founder Ken Levine says he wants to build a … Continue reading “Boston Tech Roundup: Irrational, Wayfair, Spark, ClickSoftware”
Brain Parade Obtains $700,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9917d6db-7fbd-4c56-a474-61456e5e5241 Date 2/21/2014 Company Name Brain Parade Mailing Address 1177 High Ridge Rd. Stamford, CT 06905 Company Description Brain Parade is a developer of learning solutions for children with autism and other special needs. The company is the creator of See.Touch.Learn., an iPad application and online community, which serves as a visual … Continue reading “Brain Parade Obtains $700,000 Seed Financing”
What Does $19B Buy? Market Validation for Text Messaging
When Facebook acquired WhatsApp last night, most of the initial headlines focused on the value of the deal and overall shock at how big the number actually was. Examples ranged from “Facebook to buy WhatsApp for $19 billion in deal shocker” (Reuters) to “Stunner: Facebook to buy WhatsApp for $19 billion in cash, stock” (Forbes). … Continue reading “What Does $19B Buy? Market Validation for Text Messaging”
Aereo & the Rebel Startup Myth: Some Say “Not Where You Want to Be”
There is a certain mystique to playing the radical in an old, traditional industry. However, stirring things up almost guarantees the incumbents will push back—and push back hard. If that tension leads to a legal spat, most startups do not have a war chest ready for a lengthy battle. Nor do they have the time. … Continue reading “Aereo & the Rebel Startup Myth: Some Say “Not Where You Want to Be””
Are Universities Creating Too Many Biotech Startups?
Bruce Booth, the biotech venture capitalist known for his social media savvy, sent a Tweet last month that caught my eye. He tweeted in reference to the number of academic spinoffs reported in the 2012 AUTM Licensing Survey Report, “What % biotech? My bet, ~ half.” Extrapolating from Top U.S. universities, institutes for life sciences in … Continue reading “Are Universities Creating Too Many Biotech Startups?”
2014 Trends in Early-Stage Life Sciences Investment
The Affordable Care Act has certainly made headlines over the past year—and the ACA, along with several other developments in the current venture funding environment, is beginning to radically reshape value creation in the life sciences and for biotechnology firms. Below, I provide some updates on trends, challenges, and opportunities for life sciences companies in … Continue reading “2014 Trends in Early-Stage Life Sciences Investment”
Tego Garners $820,956 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=966a5e59-c20a-481b-a4a5-7562582c13ab Date 2/20/2014 Company Name Tego Mailing Address 375 Totten Pond Road Waltham, MA 02451 Company Description Tego is a fabless designer and producer of passive RFID tags with substantially higher memory and functionality than that offered by any competitor. Website http://www.tegoinc.com Transaction Type Venture Equity Transaction Amount $820,956 Transaction Round Undisclosed … Continue reading “Tego Garners $820,956 New Funding Round”
Laser Light Engines Lands $280,300 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=555785c0-b958-4fae-b6fb-a724ff06cf0b Date 2/20/2014 Company Name Laser Light Engines Mailing Address 8C Industrial Way Salem, NH 03079 Company Description Laser Light Engines is a new company developing an innovative digital light source to upgrade the future cinema experience. Website http://www.laserlightengines.com Transaction Type Debt Transaction Amount $280,300 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Laser Light Engines Lands $280,300 New Financing Round”
FanDistro Garners $700,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba44eaf1-e970-4b0f-bd02-f499c5665095 Date 2/20/2014 Company Name FanDistro Mailing Address Undisclosed Darien, CT 06820 Company Description Our mission is to help artists develop their fan base and monetize their music. FanDistro provides artists with a platform for creating and managing rewards programs and provides tools like our basic Distro and distrogr.am for monetizing music. … Continue reading “FanDistro Garners $700,000 New Financing Round”
TruePosition Acquires Skyhook Wireless for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea8e9b7f-5fb9-4ee9-a408-d711319d2449 Date 2/20/2014 Company Name Skyhook Wireless Mailing Address 34 Farnsworth St. 5th Floor Boston, MA 02210 Company Description Skyhook Wireless was founded on the belief that location is a key contextual element of mobile communication. The company’s vision is to expand the market for Location-Based Services (LBS) by making precise location … Continue reading “TruePosition Acquires Skyhook Wireless for Undisclosed Sum”
This Ain’t Like Dusting Crops, Boy. Oh, Wait…Actually, It Is.
Awhile back I blogged about Ashwin, one of my ex-students wanted to raise a seed round to build Unmanned Aerial Vehicles (drones) with a hyper-spectral camera and fly it over farm fields collecting hyper-spectral images. These images, when processed with his company’s proprietary algorithms, would be able to tell farmers how healthy their plants were, … Continue reading “This Ain’t Like Dusting Crops, Boy. Oh, Wait…Actually, It Is.”
Intel Survey: Americans Skeptical, Yet Hopeful, About Smart Cities
Intel thinks it’s only a matter of time before cars, streets, highways, buildings—in short, most parts of the urban infrastructure—get a brain upgrade. And naturally, it expects that Intel chips will be powering much of the new smarts. But the Santa Clara, CA-based semiconductor giant knows that public fears about sensor networks and large-scale data … Continue reading “Intel Survey: Americans Skeptical, Yet Hopeful, About Smart Cities”
Skyhook Wireless Sold While Patent Lawsuits Drag On
Skyhook Wireless was one of the Boston tech sector’s early showcase companies in the mobile era. But battles with big technology companies hampered that promise, and in late 2012 a new CEO arrived from one of the company’s investors to help right the ship. Today, we’re seeing the results: Skyhook is being sold to TruePosition, … Continue reading “Skyhook Wireless Sold While Patent Lawsuits Drag On”
One Month to Mobile Madness on 3/19: Who Are the Next Disruptors?
What does the next generation of mobile technology look like? Who will its users be, and what do they want from it? And what does “mobile” even mean anymore? We want answers, and we want them now. OK, soon. Yes, we’re one month away from Xconomy’s sixth annual Mobile Madness conference on Wednesday, March 19. … Continue reading “One Month to Mobile Madness on 3/19: Who Are the Next Disruptors?”
Born Online, Fashion Startups Still Flock to Bricks and Mortar
Ministry of Supply has its high-tech credentials pretty well nailed. The Boston-based company was founded by a group of MIT students who wanted to make comfortable, durable men’s dress clothes out of scientifically advanced materials. Its first shirt employed temperature-regulating technology also found in NASA space suits. Some of its clothes are knitted by robots. … Continue reading “Born Online, Fashion Startups Still Flock to Bricks and Mortar”
Balancing Power Between Biotech and Big Pharma Benefits Both
Xconomy’s Luke Timmerman recently suggested that biotechs’ IPO option has shifted the balance of power between Big Pharma and biotech closer to parity, and the big guys have lost (or at least loosened) their iron grip on venture-backed biotech. As he put it, The power dynamic between the two parties is the closest it’s been … Continue reading “Balancing Power Between Biotech and Big Pharma Benefits Both”