Psssst…Are You Awake? I Have A Great Idea For A Company…

When most entrepreneurs wake up at night with their latest business or product idea, they would probably jot it down, go back to sleep and wait until the next morning to share it. But thanks to eRes, a new living-learning community at the University of Michigan, entrepreneurial-minded students can always find a sounding board for … Continue reading “Psssst…Are You Awake? I Have A Great Idea For A Company…”

Avedro Adds $25M for Microwave Vision Correction

Waltham, MA-based Avedro, a medical tech startup, said yesterday it has completed a $25 million Series C financing led by SCP Vitalife and Aperture Venture Partners. Existing investors Prism VentureWorks, De Novo Ventures, Flagship Ventures, Borealis Ventures and Echelon Ventures also participated in the round. Avedro said the money will be used to expand commercial … Continue reading “Avedro Adds $25M for Microwave Vision Correction”

Rib-X Inks Sanofi Deal, Zafgen Gets $33M Series C, Allegro Adds $5.4M, & More Boston-Area Life Sciences News

New England biotechs and devices firms have been active in nabbing partnerships, landing investments, and progressing with clinical programs this week. —Syndax Pharmaceuticals, an epigenetics startup out of Waltham, MA, revealed three sets of data on its lung cancer drug at the Study of Lung Cancer conference this week. The drug, entinostat, is in Phase … Continue reading “Rib-X Inks Sanofi Deal, Zafgen Gets $33M Series C, Allegro Adds $5.4M, & More Boston-Area Life Sciences News”

Healthrageous Garners $2,500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=79f45e62-9b7e-46ab-8944-271162ba5258&Preview=1 Date 7/8/2011 Company Name Healthrageous Mailing Address 75 Federal St. Boston, MA 02110 Company Description The startup’s software is designed to automatically give people personalized advice to help them reach health goals such as losing weight, lowering blood pressure, or controlling their diabetes. Website http://www.Healthrageous.com Transaction Type Venture Equity Transaction Amount … Continue reading “Healthrageous Garners $2,500,000 New Round”

SpringLeaf Therapeutics Garners $4,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09116e32-bd9f-457b-b1d2-39f8562ff570&Preview=1 Date 7/8/2011 Company Name SpringLeaf Therapeutics Mailing Address 8 St. Mary’s Street Boston, MA 02215 Company Description SpringLeaf Therapeutics is creating innovative therapeutic modalities to address serious disease and elevate the quality of care for patients. SpringLeaf’s technology is based on the convergence of materials science and medicine and is designed … Continue reading “SpringLeaf Therapeutics Garners $4,000,000 Series B Funding Round”

Qualtré Secures $10,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5c93081c-7886-4eea-94b5-c9ca4ca76639&Preview=1 Date 7/8/2011 Company Name Qualtré Mailing Address 225 Cedar Hill Street Marlborough, MA 01752 Company Description Qualtré Inc. is commercializing the next generation of these inertial sensors, further broadening their applicability in CE devices like cellular handsets, personal navigation devices, and gaming controllers. Using a proprietary high-performance, low-cost technology platform, Qualtré … Continue reading “Qualtré Secures $10,000,000 New Round”

Finsphere Obtains $1,750,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9a81d417-8301-443c-8e80-9041b7169d22&Preview=1 Date 7/8/2011 Company Name Finsphere Mailing Address 505 106th Ave NE Bellevue, WA 98004 Company Description Finsphere is a well-funded, high tech, venture-backed start up founded in 2007 based in Bellevue, Washington and is currently operating in stealth mode. Its purpose is to solve a multi-billion dollar, global problem with an … Continue reading “Finsphere Obtains $1,750,000 New Funding Round”

BlueCava Garners $1,500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31020b41-7975-4fbc-9692-9fab25292dea&Preview=1 Date 7/8/2011 Company Name BlueCava Mailing Address 2151 Michelson Dr. Irvine, CA 92612 Company Description The company has created the BlueCava Device Identification Platform that helps identify any device that is connected to the Internet. Website http://www.BlueCava.com Transaction Type Debt Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “BlueCava Garners $1,500,000 New Financing Round”

Sotera Wireless Garners $7,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=43e3b8c8-26d7-49fd-9513-efb798db3702&Preview=1 Date 7/8/2011 Company Name Sotera Wireless Mailing Address 9444 Waples Street San Diego, CA 92121 Company Description Our vision is to revolutionize patient safety by enabling the early detection of deterioration in patients who are mobile and free to move about in the hospital or the home. With adequate warning of … Continue reading “Sotera Wireless Garners $7,000,000 New Financing Round”

Motif Investing Lands $6,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9dd48e50-e3ea-4fe4-88ea-cbb48b818e0a&Preview=1 Date 7/8/2011 Company Name Motif Investing Mailing Address 400 S. El Camino Real San Mateo, CA 94402 Company Description At Motif Investing, we make it easy for you to invest in your ideas. We give you a simple yet powerful tool to turn your ideas into investments. We give our customers … Continue reading “Motif Investing Lands $6,000,000 Series A Funding Round”

Medtronic Acquires PEAK Surgical for $105,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b2c07717-b9ef-4cf5-bcd6-cbd5b1aa3e27&Preview=1 Date 7/8/2011 Company Name PEAK Surgical Mailing Address 2464 Embarcadero Way Palo Alto, CA 94303 Company Description PEAK Surgical, Inc. is an early stage medical device company developing novel electrosergical instrumentation. Website http://www.peaksurgical.com Transaction Type M&A Transaction Amount $105,000,000 Transaction Round Proceeds Purposes M&A Terms The total value of the transaction … Continue reading “Medtronic Acquires PEAK Surgical for $105,000,000”

Amylin, Alkermes Once-Weekly Diabetes Drug Passes Heart Trial Demanded by FDA

The diabetes drug that people are counting on at Amylin Pharmaceuticals, Eli Lilly, and Alkermes has passed a crucial test that the FDA demanded almost 10 months ago. San Diego-based Amylin (NASDAQ: [[ticker:AMLN]]), along with its partners, said today that exenatide once-weekly (Bydureon) didn’t appear to cause an irregular heart rhythm, known as QT prolongation, … Continue reading “Amylin, Alkermes Once-Weekly Diabetes Drug Passes Heart Trial Demanded by FDA”

3D Biomatrix Hopes To Break Into Drug Discovery Market With 3D Testing Devices

High-octane action movies and sci-fi thrillers are not the only images best viewed in 3D. Just ask Laura Schrader, a onetime medical device consultant who recently joined 3D Biomatrix as its new CEO. The Ann Arbor, MI-based startup, which spun off last year from the University of Michigan, is developing ways for drug researchers to … Continue reading “3D Biomatrix Hopes To Break Into Drug Discovery Market With 3D Testing Devices”

$6M for Motif Investing

Palo Alto, CA-based Motif Investing, a stealth-mode startup building a consumer-oriented online investing platform, said today that it has raised $6 million in Series A financing in a round led by Norwest Venture Partners and Foundation Capital. Founded by a former Microsoft executive and a former hedge fund analyst, the company has revealed few details … Continue reading “$6M for Motif Investing”

Amazon Backs ParAccel

Campbell, CA-based ParAccel said today that it has raised an undisclosed amount of new financing from Amazon and existing investors Menlo Ventures, Mohr Davidow Ventures, Bay Partners, Walden International, Tao Venture Capital Partners, and Silicon Valley Bank. While ParAccel has shifted its headquarters to the Bay Area, the company still operates in San Diego, making … Continue reading “Amazon Backs ParAccel”

Allegro Gets Another $5.4M

Maynard, MA-based Allegro Diagnostics said today that it has plumped up its Series A financing by another $5.4 million. The money comes from existing investors Kodiak Venture Partners and Catalyst Health Ventures. Allegro is developing a diagnostic platform for lung cancer that uses gene expression of normal epithelial cells in the respiratory tract to detect … Continue reading “Allegro Gets Another $5.4M”

Fate Therapeutics Trims Chemistry Staff, Bets on Biotech Drugs

Fate Therapeutics, the high-profile stem cell startup in San Diego, has made some limited job cuts in recent months and changed strategy to focus on biotech drugs—instead of conventional small molecules—to coax stem cells into becoming a useful therapies. The company, founded by leading scientists at Harvard University, Stanford University, and the University of Washington, … Continue reading “Fate Therapeutics Trims Chemistry Staff, Bets on Biotech Drugs”

RentJuice Seeks to Help Landlords and Brokers Get Serious About the Web, Like Consumers Already Are

David Vivero, the co-founder and CEO of San Francisco-based RentJuice, was raised in the real estate business. His family owns and manages several apartment buildings in Miami Beach. He grew up fixing air conditioners, traipsing up and down the stairs collecting rent checks, and negotiating with tenants over security deposits. Even after he went off … Continue reading “RentJuice Seeks to Help Landlords and Brokers Get Serious About the Web, Like Consumers Already Are”

Pfizer Explores Options for Animal Health and Nutrition

The long-speculated breakup of New York-based pharmaceutical giant Pfizer (NYSE: [[ticker:PFE]]) seems to be taking a giant step forward today. The company is “exploring strategic alternatives” for its animal health and nutrition units, so it can better focus on its drug-development and consumer-health pursuits, according to a press release. Pfizer Animal Health is one of the … Continue reading “Pfizer Explores Options for Animal Health and Nutrition”

San Diego’s Cadence Gets a Generic Headache, aTyr Pharma Seeks Structure for Diverse Funding, CareFusion Plans Global Expansion, & More San Diego Life Sciences News

Buying, Selling, Agreeing. San Diego’s life sciences companies conducted a lot of different transactions over the past week. We have a rundown for you. —San Diego’s ResMed, which specializes in medical devices used to treat sleep apnea and related breathing disorders, said it acquired BiancaMed, a private Irish maker of sensor technology used to monitor … Continue reading “San Diego’s Cadence Gets a Generic Headache, aTyr Pharma Seeks Structure for Diverse Funding, CareFusion Plans Global Expansion, & More San Diego Life Sciences News”

Cleantech-less in Seattle

Every entrepreneur or executive would like to “do well by doing good.” That is the dream of being socially responsible and financially successful at the same time. After working in venture capital and selling Internet advertising for eight years, I decided to focus on cleantech for my next career adventure. Though I live in Seattle, … Continue reading “Cleantech-less in Seattle”

Zafgen Pockets $33M To Take Obesity Drug Through Next Big Step in Clinical Trials

Obesity drug developer Zafgen is announcing today that it has closed a $33 million Series C financing led by its existing investors, including Third Rock Ventures and Atlas Venture. This doubles the total amount of cash raised by the Cambridge, MA-based startup to $66 million. Zafgen CEO Thomas Hughes says the company will use the … Continue reading “Zafgen Pockets $33M To Take Obesity Drug Through Next Big Step in Clinical Trials”

Efficiency 2.0 Offers Energy Diet Plan with Perks to Consumers

Dangling a carrot in front of a stubborn mule might get it to prance, but energy customers can be tougher to motivate. Armed with an incentive program to encourage conservation, Efficiency 2.0 in New York thinks it has the right kind of lure to curb energy waste. Our reliance on appliances, mobile gadgets, and computers … Continue reading “Efficiency 2.0 Offers Energy Diet Plan with Perks to Consumers”

Microsoft Research New England Turns 3: Jennifer Chayes Reveals Its First Product-and Collaborations With Bing, Facebook, and Twitter

Whether you’re part of the Boston-Cambridge technology community, or just an interested observer, you’ve probably been to the Microsoft New England Research and Development Center (known affectionately as NERD) at least a few times in the past year. But do you know what Microsoft is actually working on there? I didn’t. Until last week, that … Continue reading “Microsoft Research New England Turns 3: Jennifer Chayes Reveals Its First Product-and Collaborations With Bing, Facebook, and Twitter”

SeaGen Preserves Science Culture, Dendreon Sways Medicare, NanoString’s Financing, & More Seattle-Area Life Sciences News

We Seattleites have to savor the incredible weather we’ve been having, so I’m keeping this week’s roundup short and sweet so as not to interfere with your outdoor time. —Seattle Genetics (NASDAQ: [[ticker:SGEN]]) is one company that can’t really soak up too many rays right now, because it’s getting ready to transform from an R&D-only … Continue reading “SeaGen Preserves Science Culture, Dendreon Sways Medicare, NanoString’s Financing, & More Seattle-Area Life Sciences News”

Allegro Diagnostics Obtains $5,400,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c49664e6-2ddf-4d6b-9c65-16defd23203c&Preview=1 Date 7/7/2011 Company Name Allegro Diagnostics Mailing Address 6 Clock Tower Place Maynard, MA 01754 Company Description Allegro Diagnostics is a leader in the field of gene expression molecular diagnostic testing for lung cancer and other diseases. Website http://www.allegrodx.com Transaction Type Venture Equity Transaction Amount $5,400,000 Transaction Round Series A Proceeds … Continue reading “Allegro Diagnostics Obtains $5,400,000 Series A Funding”

Avedro Secures $25,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95bbdfc0-c0c2-4206-9531-42e01e282373&Preview=1 Date 7/7/2011 Company Name Avedro Mailing Address 230 Third Avenue Waltham, MA 02451 Company Description Avedro’s Keraflex is not laser eye surgery – it is a non-incisional, non-invasive procedure currently under clinical study for the correction of myopia and the treatment of keratoconus. Unlike LASIK and other laser vision correction procedures, … Continue reading “Avedro Secures $25,000,000 Series C Funding Round”

Zafgen Lands $33,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4457e7de-f132-4f30-9d70-dc17c8266a20&Preview=1 Date 7/7/2011 Company Name Zafgen Mailing Address 5 Cambridge Center Floor 2 Cambridge, MA 02142 Company Description The company is developing novel therapeutics for the treatment of obesity. Website http://www.zafgen.com Transaction Type Venture Equity Transaction Amount $33,000,000 Transaction Round Series C Proceeds Purposes Proceeds from the financing will be used to … Continue reading “Zafgen Lands $33,000,000 Series C Round”

Finsphere Lands $1,750,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7b9b5a4-c0d6-40ea-807d-f1244b738fc5&Preview=1 Date 7/7/2011 Company Name Finsphere Mailing Address 505 106th Ave NE Bellevue, WA 98004 Company Description Finsphere is a well-funded, high tech, venture-backed start up founded in 2007 based in Bellevue, Washington and is currently operating in stealth mode. Its purpose is to solve a multi-billion dollar, global problem with an … Continue reading “Finsphere Lands $1,750,000 New Round”

Ellipse Technologies Lands $15,006,521 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d57cd2f-9e2b-41ca-b372-85bf327bdb5b&Preview=1 Date 7/7/2011 Company Name Ellipse Technologies Mailing Address 13900 Alton Pkwy. Irvine, CA 92618 Company Description Ellipse Technologies, Inc. is a privately held medical device company located in Irvine, California. The Company is focused on developing the innovative MAGEC Technology treatment for numerous clinical applications, the first application being spinal scoliosis. … Continue reading “Ellipse Technologies Lands $15,006,521 New Financing Round”

ParAccel Secures New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=74f90d3f-5a7e-41b5-bb63-d58bef4ad7f3&Preview=1 Date 7/7/2011 Company Name ParAccel Mailing Address 9920 Pacific Heights Blvd. San Diego, CA 92121 Company Description The company develops data warehousing software for use by enterprises and other data-intensive organizations. Website http://www.paraccel.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes The company will use the investment … Continue reading “ParAccel Secures New Funding”

Clean Urban Energy Receives $7,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b2a3934-50af-44c9-9cb4-f076d6066875&Preview=1 Date 7/7/2011 Company Name Clean Urban Energy Mailing Address 711 South Dearborn Street Unit 404 Chicago, IL 60605 Company Description CUE has developed, and proven with proprietary modeling, software and services that enable commercial buildings in large metropolitan areas to become more efficient with energy use. Website http://www.cleanurbanenergy.com Transaction Type Venture … Continue reading “Clean Urban Energy Receives $7,000,000 Series A Round”

eBay Acquires Zong for $240,000,000

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=725f16ba-780f-43ad-b98d-3cb545050c8c&Preview=1 Date 7/7/2011 Company Name Zong Mailing Address 116 Hamilton Ave Palo Alto, CA 94301 Company Description Back in the year 2000, when David Marcus had a full head of black hair, he started the company Echovox to help large media companies make money through mobile services. (Think voting for singers on … Continue reading “eBay Acquires Zong for $240,000,000”

BMC Software Acquires Aeroprise for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69bf9b71-06b9-4e6c-abd8-dc842a07a4d8&Preview=1 Date 7/7/2011 Company Name Aeroprise Mailing Address 1023 North Shoreline Boulevard Mountain View, CA 94043 Company Description Aeroprise, Inc. is the world’s most-deployed software for mobilizing IT service management. Fortune 500 companies, midsize businesses and public institutions use Aeroprise to extend help desk, asset management and change management functionality to BlackBerry … Continue reading “BMC Software Acquires Aeroprise for Undisclosed Sum”

OPX Biotechnologies Lands $36,500,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7351be3-8173-4d49-8426-843b0dc6f9b6&Preview=1 Date 7/7/2011 Company Name OPX Biotechnologies Mailing Address 2425 55th Street Boulder, CO 80301 Company Description OPX Biotechnologies, Inc. is a new company dedicated to enabling renewable fuels and chemicals that are economically and environmentally superior to petroleum-based products. We are using a pioneering technology platform known as SCALEs to enable … Continue reading “OPX Biotechnologies Lands $36,500,000 Series C Financing Round”

ResMed Buys Irish Device Company

San Diego’s ResMed (NYSE: [[ticker:RMD]]), which makes continuous positive air pressure devices for managing sleep-disordered breathing, said today it paid cash to acquire all the outstanding shares it doesn’t already own for BiancaMed of Dublin, Ireland. While financial terms were not disclosed, a ResMed spokeswoman told The San Diego Union-Tribune the price was a “significant … Continue reading “ResMed Buys Irish Device Company”

Fluidigm, Life Settle Legal Dispute

South San Francisco-based Fluidigm (NASDAQ: [[ticker:FLDM]]) said today it has settled a legal dispute over intellectual property with Carlsbad, CA-based Life Technologies (NASDAQ: [[ticker:LIFE]]), as the companies have agreed to cross-license and sub-license certain technologies from each other. Fluidigm, which went public in February, makes microfluidic instruments that biologists can use to identify rare and … Continue reading “Fluidigm, Life Settle Legal Dispute”

Tapjoy Raises $30 Million

Fremont, CA-based mobile app distributor Tapjoy has raised $30 million in a Series D financing round led by J.P. Morgan. Previous investors D.E. Shaw, InterWest Partners, North Bridge Venture Partners, and Rho Ventures also participated in the round. Tapjoy raised $21 million in January, shortly after a merger with Offerpal. The combined companies have raised $71 … Continue reading “Tapjoy Raises $30 Million”

Zillow Estimates $12-$14 Share Price

Online real-estate company Zillow has updated its SEC papers for a planned IPO, saying it expects shares to have an initial price of between $12 and $14. That could bring the company about $55.7 million and put its value close to $380 million, not including options for underwriters to cover over-allotments. The top end of the … Continue reading “Zillow Estimates $12-$14 Share Price”

Report: $20M for Solar City

San Mateo, CA-based SolarCity, which finances residential rooftop solar installations, has collected $20 million in a Series F fundraising round, according to a report today in VentureWire. The report said half of the funds came from company chair Elon Musk, who is also CEO and chair of electric vehicle maker Tesla Motors and rocket builder … Continue reading “Report: $20M for Solar City”

EnerNOC Buys Energy Response

EnerNOC (NASDAQ: [[ticker:ENOC]]), the Boston-based provider of energy management and demand response technology, announced today that it has acquired Energy Response, the largest demand response provider in Australia and New Zealand. The deal helps EnerNOC expand its presence in those markets and gives Energy Response customers access to EnerNOC’s applications. The announcement did not reveal … Continue reading “EnerNOC Buys Energy Response”

Arizona’s Broome Named to Head San Diego’s Regional Economic Development

Following a nationwide search that considered 300 candidates, the San Diego Regional Economic Development Corp. (EDC) today named a new president and CEO, Barry Broome, who has spent the past six years heading the Greater Phoenix Economic Council. EDC board members who participated in the four-month search process said they paid particular heed to what … Continue reading “Arizona’s Broome Named to Head San Diego’s Regional Economic Development”

Skype on Facebook, Live from Seattle: a Partial Answer to Google+ and a Big Debut for Emerald City Engineers

On his way to work today, Mark Zuckerberg says he ran into a neighbor who’d heard reports that Facebook was about to unveil a new video-calling feature. Get on that, he told the youthful billionaire, so I can chat with my grandkids. That’s now possible, with Facebook’s announcement that its 750 million users will be able … Continue reading “Skype on Facebook, Live from Seattle: a Partial Answer to Google+ and a Big Debut for Emerald City Engineers”

The Answer Was Floating In The Wind; Danotek Finds Its Calling In Wind Power

During my brief time here in Michigan, I’ve heard a familiar prediction: The state is poised to become a cleantech powerhouse because of its expertise in manufacturing and automobile engineering. So far, that’s mostly been talk. Danotek Motion Technologies, however, is walking the walk. The Canton, MI-based startup has unique technology and Silicon Valley investors, … Continue reading “The Answer Was Floating In The Wind; Danotek Finds Its Calling In Wind Power”

Eric Ries, the Face of the Lean Startup Movement, on How a Once-Insane Idea Went Mainstream

Many Internet startups these days release new code several times a day, in the belief that the faster they can iterate the sooner they’ll discover a profitable business niche. The concept, of pushing out products that aren’t necessarily ready for prime time, gathering customer feedback, revising code, and starting again, would have been considered insane … Continue reading “Eric Ries, the Face of the Lean Startup Movement, on How a Once-Insane Idea Went Mainstream”

Eric Ries and the Origins of the Lean Startup Theory—The Full Xconomy Interview

I spoke with Eric Ries, founder of the Lean Startup movement, on July 5, 2011, at Peet’s Coffee & Tea in San Francisco’s startup-rich SoMa neighborhood. If you’re pressed for time, a much shorter summary of our conversation is available here. But at least a few readers—the types who attend Ries’s conferences or go to … Continue reading “Eric Ries and the Origins of the Lean Startup Theory—The Full Xconomy Interview”

J&J Joins Pharmasset for Hepatitis Study

Princeton, NJ-based Pharmasset (NASDAQ: [[ticker:VRUS]]) is teaming up with Johnson & Johnson (NYSE: [[ticker:JNJ]]) unit Tibotec to study a drug cocktail for the treatment of hepatitis C virus (HCV), according to a press release. The program will investigate the potential of combining PSI-7977, Pharmasset’s investigational nucleotide polymerase inhibitor, and TMC435, Tibotec’s investigational protease inhibitor. The financial details … Continue reading “J&J Joins Pharmasset for Hepatitis Study”