Vital Therapies Lands $2,209,999 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f56c31a2-2e9c-4f68-ab91-e4ce2819fc7b&Preview=1 Date 6/22/2011 Company Name Vital Therapies Mailing Address 15222 Avenue of Science San Diego, CA 92128 Company Description Vital Therapies, Inc. (VTI) is a new company formed in 2003 to continue the development of the ELAD (Extracorporeal Liver Assist Device) System, which augments the metabolic functions of a patient’s liver, thereby … Continue reading “Vital Therapies Lands $2,209,999 New Funding Round”

Napo Pharmaceuticals Garners $2,996,869 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c943411a-fe62-4d08-822c-374251bad038&Preview=1 Date 6/22/2011 Company Name Napo Pharmaceuticals Mailing Address 185 Berry Street San Francisco, CA 94107 Company Description Napo Pharmaceuticals focuses on the development and commercialization of proprietary pharmaceuticals for the global marketplace in collaboration with local partners. Our strategy is to focus both on higher-volume business in the emerging economies of … Continue reading “Napo Pharmaceuticals Garners $2,996,869 New Round”

Aviir Secures $3,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a3aa8e5b-079a-482c-8b61-5d3d1a2fc9a2&Preview=1 Date 6/22/2011 Company Name Aviir Mailing Address 2463 Faber Place Palo Alto, CA 94303 Company Description Aviir is a venture-funded biotechnology company developing cutting-edge, convenient diagnostic tests enabling accurate diagnosis and prognosis of cardiovascular disease. The company’s proprietary technology draws on years of research at Stanford University, and combines the scientific … Continue reading “Aviir Secures $3,000,000 New Funding”

Bromium Lands $9,200,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=27b3632c-c132-4dfa-aacb-6a882450d9cc&Preview=1 Date 6/22/2011 Company Name Bromium Mailing Address Undisclosed San Francisco, CA 94101 Company Description The company is developing mobile virtualization and security solutions. Website http://www.bromium.com Transaction Type Venture Equity Transaction Amount $9,200,000 Transaction Round Series A Proceeds Purposes Proceeds purposes from the financing were not disclosed. The company said it will … Continue reading “Bromium Lands $9,200,000 Series A Funding Round”

ScaleXtreme Lands $11,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d34c469-f5f5-4c46-9924-c548d4cd5939&Preview=1 Date 6/22/2011 Company Name ScaleXtreme Mailing Address 540 University Avenue Palo Alto, CA 94301 Company Description Built from the ground up to be simple, scalable, and social, ScaleXtreme’s product aims to transform the way IT admins manage their Amazon EC2, VMware virtual machine and physical server deployments. ScaleXtreme was founded by … Continue reading “ScaleXtreme Lands $11,000,000 Series B Round”

Boston Technologies Receives $2,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15773a05-25dd-4ca7-a9f7-bc25fb896d05&Preview=1 Date 6/22/2011 Company Name Boston Technologies Mailing Address 280 Summer Street 9th Floor Boston, MA 02210 Company Description Boston Technologies is an innovative leading provider of software, solutions, services and trading platforms to institutional and retail brokerage firms in the foreign exchange, CFD (contracts for difference), commodities, futures and options marketplace. … Continue reading “Boston Technologies Receives $2,500,000 New Financing”

Glympse Garners $7,500,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3cf4df04-a0ac-49d4-87a6-0ac69e579d15&Preview=1 Date 6/22/2011 Company Name Glympse Mailing Address 23515 NE Novelty Hill Road Redmond, WA 98053 Company Description Glympse is a mobile service that allows GPS-enabled mobile phone users to share their location via a Web-based map for a pre-set period of time with anyone they choose. With Glympse, you are in … Continue reading “Glympse Garners $7,500,000 Series B Funding Round”

SMS Assist Lands $15,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0dc6214c-0e51-4e1d-8889-eff44a8af90d&Preview=1 Date 6/22/2011 Company Name SMS Assist Mailing Address 6 W. Hubbard Street 8th Floor Chicago, IL 60654 Company Description SMS Assist, LLC, a national facilities maintenance company, focuses on managing and providing periodic services, such as floor cleaning, snow removal, landscaping, HVAC maintenance and other interior and exterior services. Website http://www.sms-assist.com … Continue reading “SMS Assist Lands $15,000,000 New Financing”

VC Survey Highlights Anxiety Over Weak IPO Market

There must be some way out of here, but venture capitalists around the world say the current level of initial public offering (IPO) activity is too anemic to sustain the venture capital industry in the United States and eight other countries, according to a global VC survey. In the United States, 91 percent of the … Continue reading “VC Survey Highlights Anxiety Over Weak IPO Market”

Who’s That (Virtual) Girl? Ford Uses Motion Capture Technology to Design Worker-Friendly Factories

Play too many video games and you might get repetitive strain injuries (RSI). But Ford Motor is adopting video game technology so its workers don’t get RSI. The company, based in Dearborn, MI, is using Hollywood-style motion capture technology (the kind that makes Green Bay Packers quarterback Aaron Rodgers so lifelike on Madden 2011) to … Continue reading “Who’s That (Virtual) Girl? Ford Uses Motion Capture Technology to Design Worker-Friendly Factories”

Scaling Up Solar

This panel discussion will explore new opportunities for public private partnerships and project development in solar. Attendees will learn how new technologies, new business models, and industry consolidation are changing the market. Speakers include David Bragdon, director of the Mayor’s Office of Long-Term Planning and Sustainability. Register here.

Giant Thinkwell Gets $600K Seed

Seattle social-gaming startup Giant Thinkwell, which just unveiled its first official celebrity endorsed game with Seattle hip-hop legend Sir Mix-A-Lot, is also announcing that it’s landed a $600,000 seed investment round. The investment was led by Madrona Venture Group, with Founder’s Co-op and unnamed angels also participating. Giant Thinkwell, part of the first Seattle TechStars class, … Continue reading “Giant Thinkwell Gets $600K Seed”

Kyruus Lands $5.5M from Highland, Venrock, Others

Boston-based Kyruus, a health-IT startup whose name I cannot spell, said today it has raised a $5.5 million Series A round led by Highland Capital Partners, Venrock, and Gerson Lehrman Group. Angel investors Jonathan Bush, Ed Park, John Goldsmith, and James Golden also participated in the financing. Kyruus has developed a software platform that includes … Continue reading “Kyruus Lands $5.5M from Highland, Venrock, Others”

ScaleXtreme’s $11M, led by Ignition and Accel, Shows Stronger Valley Ties with the Northwest

Personal connections between Silicon Valley and the Pacific Northwest are what make deals flow between the two regions. Today’s example is Bellevue, WA-based Ignition Partners taking the lead role for an $11 million Series B investment in Palo Alto, CA’s ScaleXtreme, a provider of online IT management software. This particular cross-border connection is personified by … Continue reading “ScaleXtreme’s $11M, led by Ignition and Accel, Shows Stronger Valley Ties with the Northwest”

Qualcomm Claims Leadership in Augmented Reality, Sees Huge Potential on Its View Screen

I’ve never been particularly fond of the term “killer app,” which has thankfully receded from the lexicon of tech writers—no doubt from heavy overuse. But during Qualcomm’s Uplinq conference for mobile app developers earlier this month, I was struck by the potential “killerness” of the wireless giant’s initiative in mobile augmented reality, or AR. What … Continue reading “Qualcomm Claims Leadership in Augmented Reality, Sees Huge Potential on Its View Screen”

XSITE 2011: The Entrepreneurship Era. The Day in Pictures

Close to 400 people showed up to Babson College last Thursday for our flagship all-day event, XSITE: The Xconomy Summit on Innovation, Technology, & Entrepreneurship. This year’s conference focused specifically on what we’ve called The Era of Entrepreneurship, taking a look at a driving force in innovation and social and economic impact. We kicked off … Continue reading “XSITE 2011: The Entrepreneurship Era. The Day in Pictures”

Tesaro Snags Huge $101M Venture Round to Develop Cancer Drugs

Who needs the risky, messy business of early drug discovery? A number of top venture capitalists and public investors have shown, through a monster $101 million Series B investment in Waltham, MA-based Tesaro, that the preferred bet of the day is on a proven team of people aspiring to push cancer drugs through the later … Continue reading “Tesaro Snags Huge $101M Venture Round to Develop Cancer Drugs”

Amylin, Alkermes Diabetes Med OKd in EU

San Diego-based Amylin Pharmaceuticals (NASDAQ: [[ticker:AMLN]]) and its partners—Indianapolis-based Eli Lilly (NYSE: [[ticker:LLY]]) and Waltham, MA-based Alkermes (NASDAQ: [[ticker:ALKS]])—said today that their once-weekly injectable version of exenatide (Bydureon) was cleared for sale in Europe as a treatment for diabetes. The drug’s introduction has been delayed by regulators in the U.S., who have asked for more … Continue reading “Amylin, Alkermes Diabetes Med OKd in EU”

CSN Stores, Bootstrapped No More, Takes In $165M from Battery, Spark, Great Hill, HarbourVest

So much for becoming a billion-dollar company without taking venture capital. But I guess we saw this coming. Boston-based CSN Stores, an online retailer and bootstrapped success story, has raised a first financing round of $165 million from Battery Ventures, Great Hill Partners, HarbourVest Partners, and Spark Capital. The news was reported in the Wall … Continue reading “CSN Stores, Bootstrapped No More, Takes In $165M from Battery, Spark, Great Hill, HarbourVest”

ExtraHop, Profibrix, Avalara Lead Way Toward $70M in Equity Deals for WA Companies in May

Companies working on IT management, drug development, and software of all kinds led the way to about $70 million worth of equity deals in Washington state during May, according to data compiled by CB Insights. The top investment went to ExtraHop Networks, which reeled in $14 million in an over-subscribed round led by Meritech Capital … Continue reading “ExtraHop, Profibrix, Avalara Lead Way Toward $70M in Equity Deals for WA Companies in May”

On Quirky’s Site, Anyone Can Invent a Hit Consumer Product

[Updated 6/21/09 3:30 p.m. See below.] On June 15, Jake Zien stood outside the Bed Bath & Beyond store on 6th Avenue in New York gazing at a giant poster of himself in a sprawling window display. The display features his product, Pivot Power, a flexible power strip that he invented with the help of Quirky—a … Continue reading “On Quirky’s Site, Anyone Can Invent a Hit Consumer Product”

Doximity: A Mobile Facebook for Doctors, but With Real Privacy Protections

LinkedIn founder and CEO Reid Hoffman likes to say that in the world of social media, Facebook is the backyard barbeque, MySpace is the dark nightclub, and LinkedIn is the office. To continue the metaphor, Twitter is the corner soapbox—and Doximity, a new social networking tool for physicians, wants to be the hospital. Or so … Continue reading “Doximity: A Mobile Facebook for Doctors, but With Real Privacy Protections”

Edward Jung on Innovation, Startup Weekend Branches Out, Nuance’s Innovation Hub, & More in the Seattle-Area Tech Roundup

I’m still re-adjusting to Pacific time after spending most of last week back in Boston for XSITE 2011, the latest installment of our annual conference that brings together entrepreneurs, investors, academics, and more for an all-day confab on innovation. Among the top-notch speakers and presenters was Edward Jung, a Microsoft veteran and co-founder of Bellevue, … Continue reading “Edward Jung on Innovation, Startup Weekend Branches Out, Nuance’s Innovation Hub, & More in the Seattle-Area Tech Roundup”

Massachusetts Startup Funding in May Stays Nearly Flat from April at $305.6M

Talk about consistent. Massachusetts startups inked $305.6 million in 36 equity-based deals in May, nearly identical to the $306 million they raised across 35 deals in April. That’s according to FundingFlash, a daily roundup of companies receiving venture capital, angel investment, and growth equity funding, provided by our data partner CB Insights. Startups in healthcare … Continue reading “Massachusetts Startup Funding in May Stays Nearly Flat from April at $305.6M”

Tesaro Garners $101,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae77edee-f1ae-427c-a5a8-1283f02e917a&Preview=1 Date 6/21/2011 Company Name Tesaro Mailing Address 135 Clarendon St. Boston, MA 02116 Company Description TESARO is a privately held oncology-focused biopharmaceutical company whose passionate associates are dedicated to improving the lives of cancer patients by developing and providing safer and more effective therapeutics and supportive care products. Website http://www.tesarobio.com Transaction … Continue reading “Tesaro Garners $101,000,000 Series B Financing Round”

Urban Interactions Obtains $1,600,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e3ce166-f007-4e00-8f1b-1a88aca9f703&Preview=1 Date 6/21/2011 Company Name Urban Interactions Mailing Address 1056 Cambridge St. Cambridge, MA 02139 Company Description We specialize in learning about workers and matching them with the jobs that suit them best. Website http://www.urbaninteractions.com Transaction Type Venture Equity Transaction Amount $1,600,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. … Continue reading “Urban Interactions Obtains $1,600,000 New Financing”

Billing Revolution Secures New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2086c89f-c0cc-4c57-862a-61044066dfc0&Preview=1 Date 6/21/2011 Company Name Billing Revolution Mailing Address 1409 Post Alley Seattle, WA 98101 Company Description Single-Click Checkout, available in HTML5 and Android, enables merchants to easily accept credit card payments from any phone with only a single click! Website http://www.billingrevolution.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “Billing Revolution Secures New Financing”

Guardian Analytics Lands $3,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7e359e9-5cc3-4886-a78e-368b627d57db&Preview=1 Date 6/21/2011 Company Name Guardian Analytics Mailing Address 289 S. San Antonio Rd Los Altos, CA 94022 Company Description Guardian Analytics is a privately held company that provides analytics-based products and services that prevent and mitigate online identity theft and account fraud. Website http://www.guardiananalytics.com Transaction Type Venture Equity Transaction Amount $3,000,000 … Continue reading “Guardian Analytics Lands $3,000,000 New Financing”

DisplayLink Receives $8,000,000 Series D Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c6b11df-cb3b-450d-96bb-51c72d2fbc51&Preview=1 Date 6/21/2011 Company Name DisplayLink Mailing Address 480 South California Ave Palo Alto, CA 94306 Company Description DisplayLink has reinvented the way computers talk to multiple displays through the use of semiconductors and software. We have a growing team of technology, business, and creative minds who share a passion for creating … Continue reading “DisplayLink Receives $8,000,000 Series D Financing”

CSN Stores Secures $165,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6650e5f4-4f59-4bc6-8a44-c68c78037424&Preview=1 Date 6/21/2011 Company Name CSN Stores Mailing Address 177 Huntington Avenue Boston, MA 02115 Company Description Based in Boston, CSN Stores LLC began in 2002 and has grown rapidly into a Top 3 online U.S. retailer of home and office goods with 400+ employees. See our Facts at a Glance and … Continue reading “CSN Stores Secures $165,000,000 Series A Round”

Cloud9 Garners $5,500,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f2d4e6d6-c298-43a2-8a31-916d4d941a7a&Preview=1 Date 6/21/2011 Company Name Cloud9 Mailing Address 34 7th Street San Francisco, CA 94103 Company Description Meet Cloud9, development-as-a-service for Javascripters and other developers. It all started with a dream of an online platform for Javascript development, where all the code is opensource, free to adapt and use for everyone, anywhere, … Continue reading “Cloud9 Garners $5,500,000 Series A Round”

Core Mobile Networks Secures New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b01f83e4-d007-4e9a-b355-af4e497e32b8&Preview=1 Date 6/21/2011 Company Name Core Mobile Networks Mailing Address 3333 Bowers Ave Santa Clara, CA 95054 Company Description Core Mobile Networks, was founded by established professionals from companies like Juniper, Nokia, Motorola, Cisco and SANdisk. Website http://www.coremobilenetworks.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Core Mobile Networks Secures New Funding”

Yipit Obtains $6,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=315ebd1b-1190-4c69-a328-96307d5d74a4&Preview=1 Date 6/21/2011 Company Name Yipit Mailing Address 12 Desbrosses Street New York, NY 10013 Company Description Your city’s top restaurants, bars, spas and shops are offering ridiculous deals on services like Groupon, LivingSocial, Scoop St, HomeRun (and about 90 others). We organize all these deals, then recommend the best ones based … Continue reading “Yipit Obtains $6,000,000 Series B Funding Round”

Oracle Acquires FatWire for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1781370-cf22-41ca-8696-2fc9d674439e&Preview=1 Date 6/21/2011 Company Name FatWire Mailing Address 330 Old Country Road Mineola, NY 11501 Company Description FatWire Software provides industry-leading web experience management (WEM) solutions that enable organizations to deliver a rich online experience to users and simplify management of their web presence. FatWire offers a comprehensive WEM portfolio including best-in-class … Continue reading “Oracle Acquires FatWire for Undisclosed Sum”

Ping Identity Receives $21,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f73ee09-91f9-4bdd-b431-d47415c8ce41&Preview=1 Date 6/21/2011 Company Name Ping Identity Mailing Address 1001 17th Street Denver, CO 80202 Company Description Ping Identity Corporation’s market-leading sign-on management technology establishes a benchmark in the Identity Management Industry. Website http://www.pingidentity.com Transaction Type Debt, Venture Equity Transaction Amount $21,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds will be used to … Continue reading “Ping Identity Receives $21,000,000 New Financing Round”

Ping Identity Obtains $21,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f73ee09-91f9-4bdd-b431-d47415c8ce41&Preview=1 Date 6/21/2011 Company Name Ping Identity Mailing Address 1001 17th Street Denver, CO 80202 Company Description Ping Identity Corporation’s market-leading sign-on management technology establishes a benchmark in the Identity Management Industry. Website http://www.pingidentity.com Transaction Type Debt, Venture Equity Transaction Amount $21,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds will be used to … Continue reading “Ping Identity Obtains $21,000,000 New Funding”

SolarBridge Technologies Receives $19,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d21bf25d-e828-45b5-acae-eee328e4e45c&Preview=1 Date 6/21/2011 Company Name SolarBridge Technologies Mailing Address 9229 Waterford Centre Blvd. Austin, TX 78758 Company Description SmartSpark Energy Systems is a power electronics company, specializing in the development of products that support the efficient transformation and storage of energy used in renewable technologies. SmartSpark’s goal is to facilitate the mainstream … Continue reading “SolarBridge Technologies Receives $19,000,000 Series C Round”

Genomatica Gets EPA Green Chemistry Award

The U.S. Environmental Protection Agency today gave its Presidential Green Chemistry Challenge Award in five categories, including one to San Diego’s Genomatica, a startup industrial biotech using genetically engineered microbes to produce intermediate chemicals. Genomatica has engineered a bacterium that consumes sugars in a fermentation tank to make 1,4-Butanediol (BDO), a “building block” chemical needed … Continue reading “Genomatica Gets EPA Green Chemistry Award”

InPore Switches Gears; Michigan State University Startup Now Targets Flame Retardants Instead of Wind Turbines

Plan B it is. When Xconomy first profiled InPore Technologies last year, the Michigan State University spinout was trying to woo wind turbine makers with a new nanomaterial they could use to build light-weight, scratch resistant blades. But faced with deteriorating turbine sales, the company, based in East Lansing, MI, has reversed course and is … Continue reading “InPore Switches Gears; Michigan State University Startup Now Targets Flame Retardants Instead of Wind Turbines”

Consumer Electronics Week NYC

This week-long expo features a variety of events, panels, and networking opportunities. Featured events include the Mobile Health Expo at Javits Center, a 3D Entertainment Summit, and more. For a complete schedule and registration information, click here.

Green Shoots of an Entrepreneurial Spring

[Editor’s note: Cross-posted from The Economist, 6/16/11] As the G8 last month pledged $10 billion to aid the Arab Spring to support the building of economic and political institutions, the May 24th NASDAQ debut of Russia’s $10 billion Yandex was but one of many green shoots of an equally significant Entrepreneurial Spring blossoming out from … Continue reading “Green Shoots of an Entrepreneurial Spring”

Genentech, Curis Pass Clinical Trial With Skin Cancer Drug, Look Ahead to FDA

Just when it looked like there was nothing much left to say about cancer drugs after the huge ASCO conference a couple weeks ago, here comes Genentech and Curis with another noteworthy result for skin cancer patients. South San Francisco-based Genentech, and Curis, its partner in Cambridge, MA, said that their experimental drug for a … Continue reading “Genentech, Curis Pass Clinical Trial With Skin Cancer Drug, Look Ahead to FDA”

Decide Opens Shopping Site

Decide.com, a gadget-shopping site co-founded by University of Washington professor Oren Etzioni, is opening its doors to the public. Decide’s consumer pitch is taking the regret out of buying expensive electronics by trying to predict whether new models are coming out, or if prices might change in the near future—it’s no coincidence that Etzioni was … Continue reading “Decide Opens Shopping Site”

Pfizer Wins Approval For Tamper-Proof Pain Drug

The FDA has approved a new form of the opioid oxycodone, which was developed by New York-based Pfizer (NYSE: [[ticker:PFE]]) and Palatine, IL-based Acura Pharmaceuticals (NASDAQ: [[ticker:ACUR]]), according to a press release. The product, branded as Oxeta, applies technology developed by Acura that is designed to discourage common methods of tampering associated with opioid abuse.

Energy Event Seeks to Create a Greener NYC By Uniting VCs and Cleantech Startups

Tomorrow the New York Academy of Sciences will be home to New York’s first ever Energy Infotech Forum—a full-day event for entrepreneurs who are developing cleantech applications and the investors who want to support them. The day will feature expert speakers, as well as presentations from nine New York-based cleantech startups. For the event’s host, … Continue reading “Energy Event Seeks to Create a Greener NYC By Uniting VCs and Cleantech Startups”

Alder Gets $15M From Bristol

Alder Biopharmaceuticals, the Bothell, WA-based developer of antibody drugs, said today it will receive a $15 million milestone payment from its partner, Bristol-Myers Squibb. Alder got the milestone for initiating a Phase 2b clinical trial of its rheumatoid arthritis drug, ALD518, in a trial that compares it against a blockbuster drug in the category—Abbott Laboratories’ … Continue reading “Alder Gets $15M From Bristol”

Anaphore Names Grayson as New CEO

Anaphore, the San Diego-based developer of novel protein drugs, said today it has named Paul Grayson as its new CEO. Grayson is the former CEO of San Diego-based Fate Therapeutics and was a managing director at Sanderling Ventures. He replaces Kathy Bowdish, who will remain a consultant to Anaphore. Last year, Anaphore formed a partnership … Continue reading “Anaphore Names Grayson as New CEO”