[Updated 12/29/16, 2:50 pm. See below.] The FDA has rejected a Cempra antibiotic drug for community-acquired bacterial pneumonia citing the same safety issues that came to light when an independent advisory panel to the regulator evaluated the drug in November. Chapel Hill, NC-based Cempra (NASDAQ: [[ticker:CEMP]]) said Thursday that the FDA’s rejection letter stated the … Continue reading “FDA Rejects Cempra Antibiotic, Asks for Another Clinical Trial”
Political Focus on Rust Belt Could Help Boost VC Investment
Much has been written in the tech industry as a result of the Presidential election. Many coastal VCs and entrepreneurs believe that Trump’s America-first, anti-immigration platform could put the brakes on the venture industry’s core globalization strategies. While this may be true, regardless of which candidate you supported, most would agree that with chaos and … Continue reading “Political Focus on Rust Belt Could Help Boost VC Investment”
Karamba Aims to Prevent Autonomous Car Hacks Before They Happen
Not so many years ago, self-driving cars seemed like little more than science fiction—a cool idea, but too difficult to translate into practical, everyday use. But as autonomous vehicles come closer to becoming a reality, the question is not if, it’s when. However, there are still a few major challenges to overcome before driverless cars … Continue reading “Karamba Aims to Prevent Autonomous Car Hacks Before They Happen”
Artificial Intelligence Startup Neurala Lands $13.7M in Funding
Neurala, the Boston artificial intelligence startup aimed at helping machines like robots learn and interact with the world, has raised about $13.7 million in a new round of funding, according to a regulatory filing. The filing didn’t specify who the investors in the new round are, though the company has previously received about $2 million, including … Continue reading “Artificial Intelligence Startup Neurala Lands $13.7M in Funding”
Biogen Sets $750,000 Initial Price For First-Ever Spinal Atrophy Drug
[Updated, 12/29/16, see below] Patients with spinal muscular atrophy got some good news last week when the FDA approved nusinersen (Spinraza), making it the first marketed drug ever for the rare and potentially deadly genetic disease. But as expected, the drug, from Biogen and Ionis Pharmaceuticals, is a costly one, priced at the high end … Continue reading “Biogen Sets $750,000 Initial Price For First-Ever Spinal Atrophy Drug”
Anthera’s Shares Tumble After Cystic Fibrosis Drug Fails in Phase 3
Anthera Pharmaceuticals had been hoping to offer patients with cystic fibrosis a new option to help with some of the severe stomach problems they can face as part of their disease. But its experimental drug fell short in late-stage testing, sending shares of the Hayward, CA, company hurtling downward. Cystic fibrosis is a genetic disease … Continue reading “Anthera’s Shares Tumble After Cystic Fibrosis Drug Fails in Phase 3”
6 Cybersecurity Predictions for 2017: Ransomware, Skills Gap & More
In 2016, we saw cyber attacks increasingly shift from external breaches of confidential data to internal disruption of data and services, as attackers used distributed denial of service (DDoS) or encryption to hold businesses hostage. Attackers continue to focus more on exploiting users than technology. Users are often unaware and uneducated about the potential risks, … Continue reading “6 Cybersecurity Predictions for 2017: Ransomware, Skills Gap & More”
Diabetes Study, Hiring News, Growth Mileposts, & More Local Tech News
Here’s a look at innovation news from around the state: —The Indiana Biosciences Research Institute (IBRI) last week announced a new partnership with Eli Lilly, Roche Diagnostics, the Regenstrief Institute, and Indiana University’s School of Medicine aiming to better understand how type 2 diabetes varies in different patients—which is the first step in finding new targets … Continue reading “Diabetes Study, Hiring News, Growth Mileposts, & More Local Tech News”
Liver Damage, Patient Deaths Lead FDA to Halt SeaGen Leukemia Trials
Seattle Genetics’ work to develop a drug to treat a form of leukemia has hit a roadblock following the deaths of four patients in clinical trials. The FDA placed a clinical hold or partial holds on three early-stage trials evaluating the Bothell, WA-based company’s experimental drug vadastuximab talirine. Shares of SeaGen (NASDAQ: [[ticker:SGEN]]) tumbled more … Continue reading “Liver Damage, Patient Deaths Lead FDA to Halt SeaGen Leukemia Trials”
East Coast Silicon Valley
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” – R. Buckminster Fuller Reinvention A few months ago I was talking to executives in charge of innovation at a large U.S. bank. “Our biggest problem is that we look at all this new … Continue reading “East Coast Silicon Valley”
Immigration Restrictions, Lack of Healthcare Could Imperil Innovation
It’s hard to predict what effect the new administration will have, since we have very little information on any concrete policies they plan to enact. We do know a few things—namely, they are anti-Obamacare and anti-immigration. Decreasing the number of visas granted to highly skilled workers (a likely possibility given Steve Bannon’s comments on Silicon … Continue reading “Immigration Restrictions, Lack of Healthcare Could Imperil Innovation”
Top Stories of 2016 for Xconomy Boston: Editor’s Picks
You heard me. Here are my picks for our local stories of the year in technology, life sciences, and business innovation: 1. Xerox CTO Sophie Vandebroek Steps Down, With Eyes on Boston 2. Smack Might Be the Future of Social Apps, But I’m Not Cool Enough 3. In Year of CAR-T Trouble, Can Bluebird, Penn … Continue reading “Top Stories of 2016 for Xconomy Boston: Editor’s Picks”
Opkix Receives $675,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a5ad6f81-7d39-4ea2-97a8-46eeb0d439e6 Date 12/26/2016 Company Name Opkix Mailing Address 1008 Brioso Drive Costa Mesa, CA 92627 USA Company Description Opkix’s first product is a small wearable 4K camera named, Opkix 1. Opkix creates products that challenge the conventional methods of how people capture and share videos. Opkix builds purpose-driven products that help create … Continue reading “Opkix Receives $675,000 Seed Funding Round”
XG Sciences Receives $2,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=254262af-248d-40c6-ac9b-8bf5c380dfcb Date 12/26/2016 Company Name XG Sciences Mailing Address 3101 Grand Oak Drive Lansing, MI 48911 USA Company Description XG Sciences, Inc. is a privately held corporation serving customers around the world. Our headquarters are in East Lansing, Michigan Our base technologies were developed in large part at the Composite Materials and … Continue reading “XG Sciences Receives $2,000,000 New Funding Round”
Shaper Lands New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=082d1275-8505-46e7-a249-7b93a573a45d Date 12/26/2016 Company Name Shaper Mailing Address Undisclosed San Francisco, CA 94107 USA Company Description Founded in 2012 and based in San Francisco, Shaper is a human-involved robotics company that integrates computers with handheld power tools to simplify and improve the process of making. Website http://www.shapertools.com Transaction Type Venture Equity Transaction … Continue reading “Shaper Lands New Funding”
Plutora Obtains $13,400,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d192ee1f-7f4e-4956-9f28-ffa0ed6a9275 Date 12/26/2016 Company Name Plutora Mailing Address 565 Clyde Ave. Mountain View, CA 94043 USA Company Description Our mission is to build world-class Software as a Service (SaaS) solutions to enable our customers to release features faster to production while lowering their risk. Website http://www.plutora.com Transaction Type Venture Equity Transaction Amount … Continue reading “Plutora Obtains $13,400,000 New Round”
CookUnity Obtains $1,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03f9ac8b-07e6-4e8b-bdee-12c101d2ac7d Date 12/26/2016 Company Name CookUnity Mailing Address Undisclosed New York, NY 10019 USA Company Description Artfully crafted food by local chefs delivered in 30 minutes. We empower culinary entrepreneurs to cook and sell their specialties online. We utilize the underutilized capacity in the food industry by subletting kitchens in their spare … Continue reading “CookUnity Obtains $1,000,000 New Funding”
Ambiq Micro Lands $2,458,624 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b14cce5b-17e6-45ad-8174-a48eded4efe6 Date 12/26/2016 Company Name Ambiq Micro Mailing Address 11305 4 Points Drive West Lake Hills, TX 78726 USA Company Description A semiconductor company with a breakthrough patented technology, Subthreshold Power Optimized Technology (SPOT) that dramatically reduces the amount of power consumed by ICs. Website http://www.ambiqmicro.com Transaction Type Venture Equity Transaction Amount … Continue reading “Ambiq Micro Lands $2,458,624 New Financing Round”
Ionis, Biogen Make History With FDA Nod for Spine Disease Drug
Patients with spinal muscular atrophy got an early Christmas present on Friday. The FDA approved nusinersen (Spinraza), making the drug the first-ever marketed treatment for the rare, potentially deadly genetic disorder. Nusinersen is an injectable drug developed by Ionis Pharmaceuticals (NASDAQ: [[ticker:IONS]]) and partner Biogen (NASDAQ: [[ticker:BIIB]]), and is meant to slow the progression of … Continue reading “Ionis, Biogen Make History With FDA Nod for Spine Disease Drug”
Ann Arbor’s MySwimPro Named Apple Watch App of the Year
As we head into the holiday weekend, it’s always nice to share happy local startup news—especially during a year as tumultuous as 2016: Apple has chosen Ann Arbor, MI-based MySwimPro as the year’s top Apple Watch app. “We definitely weren’t expecting to win anything like that,” says CEO Fares Ksebati. “When you’re trying to build a … Continue reading “Ann Arbor’s MySwimPro Named Apple Watch App of the Year”
Texas Roundup: “1st & Future,” “Pink Tank” Pitch Contests, & More
As we approach Santa’s annual visit—are your milk and cookies ready?—let’s get caught up with the latest innovation news from Xconomy Texas: —The National Football League has teamed up with the Texas Medical Center to sponsor the 1st & Future startup pitch competition Feb. 4, the day before the Super Bowl takes place in Houston. … Continue reading “Texas Roundup: “1st & Future,” “Pink Tank” Pitch Contests, & More”
Bio Roundup: Crazy ’16, Trials of ’17, Senate on Drugs & More
You’ve probably seen the Internet memes. “When 2016 started, I looked like this. [Insert picture of young Leo DiCaprio.] Now I look like this. [Leo, with mountain beard, after mud-wrestling with a grizzly in The Revenant.]” In life science terms, let’s just say all our telomeres feel a lot shorter than 12 months ago. The … Continue reading “Bio Roundup: Crazy ’16, Trials of ’17, Senate on Drugs & More”
VC Sizes Up Google As Consumer Electronics Challenger To Apple Et Al.
It’s the end of the year, and everyone’s getting out their crystal balls. At the Silicon Valley venture capital firm NEA, partner Greg Papadopoulos has a prediction about Google. But it’s so positive that he makes a joking disclaimer at the beginning of our conversation. “I’m not a Google fan boy,” Papadopoulos insists. A veteran … Continue reading “VC Sizes Up Google As Consumer Electronics Challenger To Apple Et Al.”
Mimir Aims to Streamline Computer Science Instruction, Tech Hiring
When Prahasith Veluvolu and a couple of buddies from Park Tudor High School matriculated at Purdue University three years ago, they decided to shut down the Web consulting business they had been running out of their childhood bedrooms. Ending their consulting gig wasn’t enough to banish the startup bug, however, so Veluvolu and his friends—Jacobi … Continue reading “Mimir Aims to Streamline Computer Science Instruction, Tech Hiring”
Neurable Receives $2,000,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5621369c-843f-4f1d-ab7a-01672ecf81b4 Date 12/23/2016 Company Name Neurable Mailing Address Undisclosed Cambridge, MA 02139 USA Company Description Neurable’s vision is to create a world where people live without limitations. Our revolutionary brain-computer interface allows people to control software and devices using only their brain activity. Website http://www.neurable.com Transaction Type Venture Equity Transaction Amount $2,000,000 … Continue reading “Neurable Receives $2,000,000 Seed Funding Round”
Gameface Media Obtains $2,068,530 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bba772aa-f7ec-4f3e-8ae7-9e2dc4bc9099 Date 12/23/2016 Company Name Gameface Media Mailing Address 109 Kingston Street Boston, MA 02111 USA Company Description Gameface Media provides professional event photography of athletes competing in their favorite sporting events. Free event photographs. Website http://www.gamefacemedia.com Transaction Type Venture Equity Transaction Amount $2,068,530 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Gameface Media Obtains $2,068,530 New Funding Round”
Spatial Garners $2,100,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53f9dccb-9c42-40d2-8d24-d1db0e35a836 Date 12/23/2016 Company Name Spatial Mailing Address 2000 Brush Street Detroit, MI 48226 USA Company Description We’re focused on changing how humans experience data on maps. Spatial is building a future that empowers people to navigate like a local anywhere on earth. To achieve this, we build interactive and dynamic social … Continue reading “Spatial Garners $2,100,000 Seed Financing”
Xplenty Garners $4,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7f144f4f-c62e-467d-86dc-c410bc6d9bb3 Date 12/23/2016 Company Name Xplenty Mailing Address 580 California Street San Francisco, CA 94190 USA Company Description Xplenty’s cloud-based, easy-to-use, data integration service makes it easy to move, process and transform more data, faster, reducing preparation time so businesses can unlock insights quickly. Website http://www.xplenty.com Transaction Type Venture Equity Transaction Amount … Continue reading “Xplenty Garners $4,000,000 New Financing”
Glu Mobile Acquires Plain Vanilla for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b53271c3-c922-44c6-9fe7-635c8f321670 Date 12/23/2016 Company Name Plain Vanilla Mailing Address 169 11th Street San Francisco, CA 94103 USA Company Description Based in San Francisco and Reykjavik, Iceland the Plain Vanilla team includes amazing illustrators, motion artists, musicians, graphic designers and programmers who are passionate about creating amazing games. Plain Vanilla is developing QuizUp, … Continue reading “Glu Mobile Acquires Plain Vanilla for Undisclosed Sum”
CafeX Communications Receives $16,143,459 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60cb9fb8-758a-4a83-afee-0d3c9980d49f Date 12/23/2016 Company Name CafeX Communications Mailing Address 1040 Avenue of the Americas New York, NY 10018 USA Company Description Our award-winning software makes it easier for companies to enhance live engagement within web and mobile apps. Contact us to learn more. Website http://www.cafex.com Transaction Type Venture Equity Transaction Amount $16,143,459 … Continue reading “CafeX Communications Receives $16,143,459 New Financing Round”
Explain Everything Secures $3,700,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c611a04d-28f1-4dbf-afc0-17e869a5524b Date 12/23/2016 Company Name Explain Everything Mailing Address 119 West 24th Street New York, NY 10011 USA Company Description Explain Everything is the most versatile interactive whiteboard available for your device – use it for sharing knowledge, building understanding, personal productivity and much more. Website http://www.explaineverything.com Transaction Type Venture Equity Transaction … Continue reading “Explain Everything Secures $3,700,000 Series A Funding”
Marketing Evolution Secures $4,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b646581e-087e-45f5-b8b8-525762f913d4 Date 12/23/2016 Company Name Marketing Evolution Mailing Address 122 E. 42nd St. New York, NY 10168 USA Company Description At Marketing Evolution, we believe the world would be a better place if marketers had the tools to be more connected with their customers and prospects. Website http://www.marketingevolution.com Transaction Type Venture Equity … Continue reading “Marketing Evolution Secures $4,000,000 New Financing”
Backtrace Garners $5,000,000 Series A Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c2da321a-6bd6-4c67-b662-9a75c1fe4c25 Date 12/23/2016 Company Name Backtrace Mailing Address 110 Fifth Avenue 5th Floor New York, NY 10011 USA Company Description Backtrace, located in New York City, is dedicated to building the best debugging technology for today’s enterprise software. Our turn-key error management platform helps teams quickly figure out the when, where, and … Continue reading “Backtrace Garners $5,000,000 Series A Funding Round”
Choozle Receives $2,399,999 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb5b8e8f-3552-4391-b943-bb8690f0b844 Date 12/23/2016 Company Name Choozle Mailing Address 2245 Curtis Street Denver, CO 80205 USA Company Description Choozle is a programmatic ad buying solution that connects marketers with big data insights and real-time bidding across display, social, mobile and video. Website http://www.choozle.com Transaction Type Venture Equity Transaction Amount $2,399,999 Transaction Round Undisclosed … Continue reading “Choozle Receives $2,399,999 New Financing Round”
1World Online Garners $4,900,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b965f931-05c2-4faf-a195-ad87031926b8 Date 12/23/2016 Company Name 1World Online Mailing Address 12 South 1st Street San Jose, CA 95113 USA Company Description 1World has recently become #1 in its sector (as ranked by Alexa ratings), and also has won “OnMedia 50” and “Top 100 Internet Company” awards in 2014. 1World provides an engagement applications … Continue reading “1World Online Garners $4,900,000 New Funding Round”
The Price of Growth: Founders’ Dilution
Founders of a company considering the various available fundraising options often ask the challenging question: Why take venture capital money, which may significantly dilute the founders and might result in a loss of control of the company? Although the venture capital path is always a possibility, founders are often concerned about the consequences of such … Continue reading “The Price of Growth: Founders’ Dilution”
Mary Kay Creates “Pink Tank” Pitch Event for Women Founders With DEC
Dallas—Women in Texas interested in founding a business now have a female entrepreneurial icon offering them support: Mary Kay. The company is partnering with the Dallas Entrepreneur Center to host a one-day “Women’s Entrepreneurs Summit” on Jan. 27 to offer guidance to female entrepreneurs interested in fashion, tech, consumer-packaged goods, and business services. In particular, … Continue reading “Mary Kay Creates “Pink Tank” Pitch Event for Women Founders With DEC”
14 for ’17: Key Clinical Data To Watch For Next Year (Part 2)
We continue our look ahead to some of the clinical data due in 2017 that could shape healthcare practice and sway investor sentiment for years to come. Part one of our preview is here, with looks at key studies in lung cancer, Alzheimer’s disease, asthma, and more. In part two, we examine studies in leukemia, … Continue reading “14 for ’17: Key Clinical Data To Watch For Next Year (Part 2)”
Ditto Labs Obtains Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c64fab0a-5308-4ae0-a7c2-1edd7e770d92 Date 12/22/2016 Company Name Ditto Labs Mailing Address State Street Cambridge, MA 02109 USA Company Description Using computer vision, Ditto Labs analyzes millions of social photos for the presence of brands, patterns and faces to help marketers catch UGC text misses. Website http://www.ditto.us.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction … Continue reading “Ditto Labs Obtains Series C Funding Round”
Front Desk Garners $1,523,877 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7cdb28d1-b911-4219-8615-943545c77272 Date 12/22/2016 Company Name Front Desk Mailing Address 1221 East Pike Street Seattle, WA 98122 USA Company Description Manage your business anywhere, anytime with Front Desk software’s mobile-friendly scheduling, client management, and payment processing. Website http://www.frontdeskhq.com Transaction Type Venture Equity Transaction Amount $1,523,877 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Front Desk Garners $1,523,877 New Financing”
CodeHS Secures $1,898,908 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b5e7bf9e-f0a0-4115-ab88-c0c4f99933c6 Date 12/22/2016 Company Name CodeHS Mailing Address 1328 Mission Street Palo Alto, CA 94103 USA Company Description CodeHS is a program for helping to teach computer science to beginners with a focus on working with high schools. What we provide to schools is a “class in a box,” which gives them … Continue reading “CodeHS Secures $1,898,908 New Funding Round”
REVOLUTION Medicines Garners $25,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9db5fabe-b169-4b79-9273-d3fca2133a1f Date 12/22/2016 Company Name REVOLUTION Medicines Mailing Address Undisclosed Redwood City, CA 94062 USA Company Description REVOLUTION Medicines’ first drug candidates exploit and improve upon the properties of amphotericin B, a powerful, broad-spectrum antifungal compound found in nature that has avoided generating significant drug resistance in 50 years of clinical use. … Continue reading “REVOLUTION Medicines Garners $25,000,000 Series A Funding”
Message.io Lands $5,315,162 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ec0ef5f-ed3b-4ee0-a5d3-899a05073bd1 Date 12/22/2016 Company Name Message.io Mailing Address Undisclosed Austin, TX 78751 USA Company Description Deploy your existing Slack app to other messaging platforms in 15 minutes with no coding changes. Website http://www.message.io Transaction Type Venture Equity Transaction Amount $5,315,162 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. 15 investors … Continue reading “Message.io Lands $5,315,162 New Financing Round”
Pendo Receives $19,999,947 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=20d08169-4acf-49c5-8567-2200939a3866 Date 12/22/2016 Company Name Pendo Mailing Address 234 Fayetteville St Raleigh, NC 27603 USA Company Description Pendo was founded in late 2013 by former product owners that have experienced the joys and challenges of creating great products at companies like Rally, Google, Cisco, and Red Hat among others. Our platform is … Continue reading “Pendo Receives $19,999,947 New Funding Round”
Despite FDA Delay, Advocates Hopeful for New Genentech MS Drug
Of the 15 FDA-approved therapies for multiple sclerosis, none work on a rare form of the disorder that leads to a steady and sometimes rapid decline. Genentech is awaiting FDA action on its experimental drug for this “primary progressive” form of the disease, and a new study published today may strengthen its case for approval. … Continue reading “Despite FDA Delay, Advocates Hopeful for New Genentech MS Drug”
Amazon, Stryker to Expand and Add Over 1,000 Jobs Combined in Michigan
There was a time not so long ago in Michigan when economic development agencies began to move away from the grand corporate expansion press conferences that were a hallmark of Gov. Jennifer Granholm’s administration. Instead, smaller and more low-key announcements that didn’t appear to always favor big manufacturers or pet industries—a common criticism lobbed at … Continue reading “Amazon, Stryker to Expand and Add Over 1,000 Jobs Combined in Michigan”
14 For ’17: Key Clinical Data to Watch For Next Year (Part 1)
[Updated, 4:28 pm ET, see below] After years of research, frustration, hype, and millions (sometimes hundreds of millions) of dollars invested, a drug program boils down to the clinical data—usually from big, late-stage studies—that can sometimes make or break a company. There were high profile successes in 2016. Biogen (NASDAQ: [[ticker:BIIB]]) and Ionis Pharmaceuticals (NASDAQ: … Continue reading “14 For ’17: Key Clinical Data to Watch For Next Year (Part 1)”
Benson Hill Bio Brings Power of Big Data to Small Plant Breeders
When farmers want crops that have a better shot at resisting disease or taking up nutrients, they use breeding techniques to develop new varieties. Crossing plants to create these varieties is an agricultural practice that dates back thousands of years. Breeding has since become more sophisticated, incorporating sophisticated screening technologies to find desirable traits. But … Continue reading “Benson Hill Bio Brings Power of Big Data to Small Plant Breeders”
Industry Needs Common Security Standards to Thwart IoT Attacks
A silver lining has emerged in the wake of the massive and well-publicized denial-of-service attack launched less than two months ago by hackers using millions of IoT devices to cripple the websites of major companies like Amazon, Netflix and Twitter. This ambush has triggered a redoubling of efforts to focus on the need for industry-led … Continue reading “Industry Needs Common Security Standards to Thwart IoT Attacks”
Oncorus Lands $4,000,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1074631f-0940-4b7c-97ff-c161c3d47540 Date 12/21/2016 Company Name Oncorus Mailing Address 450 Kendall St. 4th Floor Cambridge, MA 02142 USA Company Description Oncorus, Inc. is an early-stage biotechnology company developing a next-generation immunotherapy platform of oncolytic viruses to treat several types of cancer, including highly malignant and aggressive cancers. Website http://www.oncorus.com Transaction Type Venture Equity … Continue reading “Oncorus Lands $4,000,000 Series A Round”