The people who made a bundle off a company called Ilypsa may just have found a hit in their second act. Santa Clara, CA-based Relypsa said today it has nailed down $70 million in a Series B round of venture financing to pursue a new drug that tamps down excessive potassium in the blood. OrbiMed … Continue reading “Relypsa Snags $70M Venture Round to Get Rid of Excess Potassium in Blood”
Third Rock Ventures Secures $426M Second Fund, Makes Changes to Partner Ranks
Third Rock Ventures, a healthcare-focused venture firm with offices in Boston and San Francisco, says today it has raised $426 million for its second fund. The fund represents a vote of support for the firm’s model of investing in and starting life sciences ventures that have the potential to transform healthcare. The Boston-based firm, which … Continue reading “Third Rock Ventures Secures $426M Second Fund, Makes Changes to Partner Ranks”
AppNation
Subtitled “Show Me the Money,” the AppNation conference is an in-depth look at the new economy of mobile applications. Information and registration here.
Genzyme Agrees to Sell Genetics Unit to LabCorp for $925M
Cambridge, MA-based biotech powerhouse Genzyme (NASDAQ: [[ticker:GENZ]]) has struck a deal to sell its laboratory testing unit to Laboratory Corporation of America for $925 million in cash, the company reported this morning. The move is part of a plan to win over shareholders and comes after the French drug maker Sanofi-Aventis made an unsolicited offer … Continue reading “Genzyme Agrees to Sell Genetics Unit to LabCorp for $925M”
How the B-School Dropouts at Bump Are Filling a Big Gap in Mobile Communications
During his first week at the University of Chicago’s Booth School of Business in 2008, David Lieb found himself meeting dozens of new classmates and typing their names, phone numbers, and e-mail addresses into his phone’s address book, one by one. “There is this little loop running in my mind that’s always going, ‘Why are … Continue reading “How the B-School Dropouts at Bump Are Filling a Big Gap in Mobile Communications”
What Will Happen to ZymoGenetics’ Landmark Headquarters when Bristol Calls the Shots?
The big question these days in Seattle biotech is about people. What will happen to the 320 people who work at ZymoGenetics (NASDAQ: [[ticker:ZGEN]]), now that the pioneering company has agreed to be taken over by pharmaceutical giant Bristol-Myers Squibb for $885 million? Given the history of takeovers like this, the safe bet is that … Continue reading “What Will Happen to ZymoGenetics’ Landmark Headquarters when Bristol Calls the Shots?”
How Hydrovolts’ $250k Development Deal Could Turn into a $20M Contract and Global Market
Hydrovolts has scored an investment deal that looks small at first blush, but could take the cleantech startup to the next level. The Seattle-based company, which develops small hydropower turbines that generate renewable energy from small streams and canals, last week received a $250,000 investment from civil engineering firm DLZ Corp. to develop prototype turbine … Continue reading “How Hydrovolts’ $250k Development Deal Could Turn into a $20M Contract and Global Market”
It’s True: Using More FDA ‘Wheels’ Under Cancer Drugs Can Speed Approval
Despite cancer’s complex nature, biotech firms have cranked out approvable therapies for the disease at an impressive pace, from blockbusters such as Genentech/Roche’s bevacizumab (Avastin) and trastuzumab (Herceptin) to smaller-selling but vital compounds targeting tumors that previously were treated inadequately or not at all. Clinical blowups abound, but the gains have been real. How do … Continue reading “It’s True: Using More FDA ‘Wheels’ Under Cancer Drugs Can Speed Approval”
Eset Offers Security for Apple OS X
Eset, the anti-virus and security software developer based in San Diego and Bratislava, Slovakia, is announcing a new security product today, called Eset Cybersecurity for Mac. Eset says the software developed for the Apple OS X operating system will be available in November. It uses Eset’s NOD32 ThreatSense engine, and provides protection against Internet security … Continue reading “Eset Offers Security for Apple OS X”
Seattle Genetics’ Dark Horse Drug Candidate Fails in Key Study
Seattle Genetics has struck out in its bid to treat one of the more aggressive forms of leukemia. The Bothell, WA-based biotech company (NASDAQ: [[ticker:SGEN]]) is announcing today that one of its experimental antibody drugs failed to help people with acute myeloid leukemia live longer in a clinical trial. The study of 210 patients, which … Continue reading “Seattle Genetics’ Dark Horse Drug Candidate Fails in Key Study”
A123 Opens Lithium Ion Battery Plant in Michigan, Wants to Create Global Hub for Electric Vehicles
Big companies put on dog-and-pony shows for government officials all the time, but this one actually means something. A123Systems (NASDAQ: [[ticker:AONE]]), based in the Boston area, is officially opening a 291,000-square-foot lithium ion battery manufacturing facility in Livonia, MI, today. The plant already employs more than 300 people, and is part of a Michigan expansion … Continue reading “A123 Opens Lithium Ion Battery Plant in Michigan, Wants to Create Global Hub for Electric Vehicles”
WebSideStory Founder Returns with Anametrix, VMIX Gets Capital, Cannon Power Group Closes Record Wind Power Deal, & More San Diego BizTech News
Could San Diego’s software sector be strengthening? We’re seeing a couple of new companies and some new funding, and our roundup is here. —Veteran software CEO John Mutch, who headed a bankruptcy reorganization of San Diego’s Peregrine Systems, is now at the helm of BeyondTrust, an IT security company that recently moved its headquarters to … Continue reading “WebSideStory Founder Returns with Anametrix, VMIX Gets Capital, Cannon Power Group Closes Record Wind Power Deal, & More San Diego BizTech News”
Google Gets Instant Results, Investors Write Livescribe a Big Check, Willow Garage Unleashes a $400,000 Robot, & More Bay Area Biztech News
Last week was a short but eventful one, with Google’s announcement about a revamped search interface dominating the news. Here were the highlights. —Google introduced “Google Instant,” a new version of its core search engine that guesses what you’re searching for and flashes pages of search results before you’ve finished entering your query. The company … Continue reading “Google Gets Instant Results, Investors Write Livescribe a Big Check, Willow Garage Unleashes a $400,000 Robot, & More Bay Area Biztech News”
Transparency
Transparency is viewed by many as the solution to many of the world’s problems, and perhaps a solution to failed collaborations. Indeed, a common explanation for disputes is that they result from an imbalance of information between the two sides. If we could have more transparency, some say, then we would all have the same … Continue reading “Transparency”
PerkinElmer Expects to Make Acquisitions After $500M Business Sale: CEO Talks Boston-Area Talent and Growth in Software, Imaging
PerkinElmer has recently struck a deal that it hopes will fuel its growth in the human and environmental health markets, among other things. Rob Friel, the chairman and chief executive of the Waltham, MA-based maker of lab analytical tools, gave me his personal take on his firm’s (NYSE: [[ticker:PKI]]) sale of its illumination and detection … Continue reading “PerkinElmer Expects to Make Acquisitions After $500M Business Sale: CEO Talks Boston-Area Talent and Growth in Software, Imaging”
uTest Obtains $13,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5682bba5-5bce-4f29-b3f5-cf9f570c8b29&Preview=1 Date 9/13/2010 Company Name uTest Mailing Address 153 Cordaville Rd Southborough, MA 01772 Company Description uTestTM is revolutionizing traditional software testing by introducing the first global marketplace for software application testing coupled with a Pay Per Bug business model. Website http://www.utest.com Transaction Type Venture Equity Transaction Amount $13,000,000 Transaction Round Undisclosed … Continue reading “uTest Obtains $13,000,000 New Financing”
Kareo Receives $5,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70b031f8-aa9e-43ba-9db9-3f2f89245861&Preview=1 Date 9/13/2010 Company Name Kareo Mailing Address 131 Innovation Drive Irvine, CA 92617 Company Description Kareo offers the first on-demand revenue cycle automation software for medical billing companies. Kareo connects medical billing professionals with healthcare providers on one system to share information and coordinate workflow across organizational boundaries. Kareo makes the … Continue reading “Kareo Receives $5,000,000 New Financing Round”
Sorbent Therapeutics Secures $21,800,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c8bb69b-2b90-4352-8095-96a52399a5ee&Preview=1 Date 9/13/2010 Company Name Sorbent Therapeutics Mailing Address 750 East Bunker Court Vernon Hills, IL 60061 Company Description Sorbent Therapeutics is a biopharmaceutical company focused on the development of adaptable non-absorbed polymeric drugs to satisfy unmet clinical needs in large markets such as End Stage Renal Disease (ESRD), Congestive Heart Failure … Continue reading “Sorbent Therapeutics Secures $21,800,000 Series B Funding”
Relypsa Obtains $70,000,000 Series B Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85cd9eb8-1139-4df2-9957-272cdbefa9d8&Preview=1 Date 9/13/2010 Company Name Relypsa Mailing Address 5301 Patrick Henry Drive Santa Clara, CA 95054 Company Description Relypsa, Inc. is a biopharmaceutical company leading the discovery and development of new non-absorbed polymeric drugs for important applications in renal and cardiovascular disease. The company’s most advanced therapeutic programs include a novel potassium … Continue reading “Relypsa Obtains $70,000,000 Series B Funding”
TRIA Beauty Receives $15,600,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f735e450-38e2-40fa-b21f-5fe87ca08d4c&Preview=1 Date 9/13/2010 Company Name TRIA Beauty Mailing Address 4160 Dublin Blvd. Dublin, CA 94568 Company Description The TRIA Skin Clarifying System, a 3-step system clinically proven to clear acne breakouts faster than any other leading acne treatment and featuring professional-strength blue light therapy, is launched in the U.S. Website http://www.triabeauty.com Transaction … Continue reading “TRIA Beauty Receives $15,600,000 New Funding Round”
Sonatype Receives $11,600,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=333c97e9-8609-42d4-97ca-b14e178d2527&Preview=1 Date 9/13/2010 Company Name Sonatype Mailing Address 800 West El Camino Real Mountain View, CA 94040 Company Description Nexus is a powerful and robust Maven repository manager, created to provide reliable access to artifacts required for development and provisioning. Nexus can control access to, and deployment of, every artifact in your … Continue reading “Sonatype Receives $11,600,000 New Funding Round”
HP Acquires ArcSight for $1,500,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1b4a4c8d-7216-48f1-a382-716b29b7ea22&Preview=1 Date 9/13/2010 Company Name ArcSight Mailing Address 5 Results Way Cupertino, CA 95014 Company Description ArcSight is a leader in Security and Network Information Management with a Blue Chip customer base of over 350 enterprises, government agencies and managed security service providers (MSSPs). Website http://www.arcsight.com Transaction Type M&A Transaction Amount $1,500,000,000 … Continue reading “HP Acquires ArcSight for $1,500,000,000”
DotBlu Secures $25,492 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cd28058-60ac-468d-a594-07f681efd199&Preview=1 Date 9/13/2010 Company Name DotBlu Mailing Address 343 Sansome Street San Francisco, CA 94104 Company Description Our members compete in a variety of different online games, like prediction questions, quizzes and online flash games. They compete against friends in a fun and friendly atmosphere for BluBucks, our virtual currency, and use … Continue reading “DotBlu Secures $25,492 New Round”
MBA Polymers Lands $6,623,301 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dd7d654d-fe74-414b-8faa-240c321ad1c7&Preview=1 Date 9/13/2010 Company Name MBA Polymers Mailing Address 500 West Ohio Avenue Richmond, CA 94804 Company Description Welcome to the web site of MBA Polymers, a recognized leader at recycling engineering plastics from complex waste streams and end-of-life durable goods such as appliances, computer and business equipment, automobiles, and even sporting … Continue reading “MBA Polymers Lands $6,623,301 New Financing”
StorSimple Secures $13,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5795432-42a0-4aac-8a43-361639be2c6d&Preview=1 Date 9/13/2010 Company Name StorSimple Mailing Address 2350 Mission College Blvd Santa Clara, CA 95054 Company Description StorSimple is a venture-backed company based in Santa Clara, CA, in the heart of Silicon Valley. StorSimple’s vision is to solve application-specific challenges that are directly related to storage, and provide customers with the … Continue reading “StorSimple Secures $13,000,000 Series B Financing”
Magnum Semiconductor Garners $15,413,607 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f53f4d81-7ed8-4555-adc1-ed1342f358f4&Preview=1 Date 9/13/2010 Company Name Magnum Semiconductor Mailing Address 591 Yosemite Drive Milpitas, CA 95035 Company Description Magnum Semiconductor is a leading provider of chips, software, and platforms for consumer entertainment systems. Magnum provides the tools and technologies for recording, storing, managing, viewing, and exchanging audio and video throughout the home, and … Continue reading “Magnum Semiconductor Garners $15,413,607 New Financing Round”
Supermath: Better Living Through Analytics
The San Diego Software Industry Council (SDSIC) has morphed its annual forum on analytics into a first-of-its-kind event intended to broaden the appeal of the conference and to showcase San Diego’s leadership in analytics. The invitation-only conference also includes an Expo that will be open to the public, which is intended to demonstrate how analytics … Continue reading “Supermath: Better Living Through Analytics”
Get Briefed on SBIR/STTR Grants (Life Sciences)
CommNexus, the San Diego telecom industry group has organized a primer on grants awarded under the Small Business Innovation Research Program and the Small Business Technology Transfer Program. The U.S. Small Business Administration (SBA) Office of Technology administers both programs, awarding grants through a competitive application process that requires perfecting the art of grantsmanship. Mary … Continue reading “Get Briefed on SBIR/STTR Grants (Life Sciences)”
Get Briefed on SBIR/STTR Grants (Technology)
CommNexus, the San Diego telecom industry group has organized a primer on grants awarded under the Small Business Innovation Research Program and the Small Business Technology Transfer Program. The U.S. Small Business Administration (SBA) Office of Technology administers both programs, awarding grants through a competitive application process that requires perfecting the art of grantsmanship. Mary … Continue reading “Get Briefed on SBIR/STTR Grants (Technology)”
Clean Energy Conference
The non-profit California Center for Sustainable Energy (CCSE) has organized an all-day event at the San Diego Convention Center to focus on commercial, industrial, and municipal energy users. The conference also includes sessions for those interested in clean energy careers. Online registration is available here.
Inaugural Meeting of Clean Economy Network
The San Diego chapter of the Clean Economy Network, a global networking, advocacy, and educational organization, is holding a free organizational meeting. This is intended to be a low-key networking event for those interested in getting involved. Online registration is available here.
Cannon Gets $547M in Wind Energy Deal
The Cannon Power Group, a Del Mar, CA-based wind power developer, said it has closed a $547 million deal to provide electricity for 20 years to the Southern California Public Power Authority (SCPPA), a group of municipal utilities throughout the Los Angeles region. Cannon says the deal is believed to be the largest transaction of … Continue reading “Cannon Gets $547M in Wind Energy Deal”
Paloma Pharmaceuticals Secures $1,200,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=12fb9309-02a5-4aed-83bb-585ef7a88e05&Preview=1 Date 9/12/2010 Company Name Paloma Pharmaceuticals Mailing Address 37 Neillian Crescent Jamaica Plain, MA 02130 Company Description Paloma Pharmaceuticals, Inc. is an early stage drug development company focusing on pathologies with a vascular component including cancer, ocular diseases (macular degeneration and diabetic retinopathy), arthritis, fibrotic diseases (pulmonary fibrosis) endometriosis, osteoporosis and … Continue reading “Paloma Pharmaceuticals Secures $1,200,000 New Financing”
vWise Lands $570,748 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0d7b7ef-7117-4d41-92ca-3ccce9c4ac54&Preview=1 Date 9/12/2010 Company Name vWise Mailing Address 25 Enterprise Aliso Viejo, CA 92656 Company Description At vWise we create compelling rich-media internet applications based upon our custom E3 (that’s E-Cubed) platform. Our solutions utilize a mix of live-action HD video and interactive applications, to educate participants and guide them through a … Continue reading “vWise Lands $570,748 New Funding Round”
Fitbit Lands $7,981,342 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba526330-867a-4b58-85bc-2bec41f33bb0&Preview=1 Date 9/12/2010 Company Name Fitbit Mailing Address 870 Market Street San Francisco, CA 94000 Company Description Fitbit is devoted to helping people of any fitness level achieve health and wellness. Fitbit provides a complete wellness solution focused on behavior change via awareness and motivation. Website http://www.fitbit.com Transaction Type Venture Equity Transaction … Continue reading “Fitbit Lands $7,981,342 New Round”
Pixim Obtains $2,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=80d0230c-1d23-4f22-ae27-36324a3f81ff&Preview=1 Date 9/12/2010 Company Name Pixim Mailing Address 1395 Charleston Rd. Mountain View, CA 94043 Company Description Pixim Inc. has developed an imaging platform that produces substantially higher-quality moving and still images than those available through any other existing technology. Website http://www.pixim.com Transaction Type Debt Transaction Amount $2,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Pixim Obtains $2,000,000 New Financing”
Ayasdi Obtains $1,530,020 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b864f57e-e840-4e72-8136-735b25e34db4&Preview=1 Date 9/12/2010 Company Name Ayasdi Mailing Address 330 Waverley St Palo Alto, CA 94301 Company Description Ayasdi is a well funded, early stage, exploratory analytics startup founded by entrepreneurs from Stanford and Oracle. Website http://www.ayasdi.com Transaction Type Venture Equity Transaction Amount $1,530,020 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “Ayasdi Obtains $1,530,020 New Funding”
Phoenix Biotechnology Secures $1,120,600 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1099878a-7422-4674-844c-2b5f502b8148&Preview=1 Date 9/12/2010 Company Name Phoenix Biotechnology Mailing Address 8626 Tesoro Dr. San Antonio, TX 78217 Company Description The company was created through the acquisition of the assets of Anvirlat, Inc., a privately held Nevada corporation controlled by Messrs. Addington and Kost, current officers and directors of the company. Company research has … Continue reading “Phoenix Biotechnology Secures $1,120,600 New Financing”
MindTouch Expands as Sales Triple
MindTouch said today the San Diego startup is on track to triple revenues in 2010, although no numbers were disclosed. The company, which was self-funded and bootstrapped by co-founders Aaron Fulkerson and Steve Bjorg, said today it has hired a new chief financial officer, Byoung Lee, and plans to add about 50 employees in coming … Continue reading “MindTouch Expands as Sales Triple”
Swedish’s 2010 Healthcare Symposium: Featuring GE’s Jeff Immelt
Swedish Medical Center, as part of its 100th anniversary, is organizing a symposium on the transformation of health care delivery in the U.S. General Electric Chairman and CEO Jeff Immelt is a featured speaker. Due to the level of interest and limited space, Swedish anticipates a sell out, and advises people to reserve spaces early. … Continue reading “Swedish’s 2010 Healthcare Symposium: Featuring GE’s Jeff Immelt”
Have a Beer With Carl Weissman and Me Monday at Xconomy Meetup
We spend a lot of time breaking stories and thinking about big events here at Xconomy, but sometimes we like to kick back at a local watering hole to just chat informally with readers. So we’re carving out time to do this, starting Monday, for the first of what we expect will be a series … Continue reading “Have a Beer With Carl Weissman and Me Monday at Xconomy Meetup”
Genzyme Cutting 1,000 Jobs Over Next 15 Months
Cambridge, MA-based Genzyme (NASDAQ: [[ticker:GENZ]]) is cutting 1,000 jobs over the next 15 months, as it faces intense pressure from shareholders to recover from manufacturing woes and deal with a takeover bid from Paris-based drug giant Sanofi-Aventis. Genzyme CEO Henri Termeer described the job cut plan this morning in a memo to employees. The layoffs … Continue reading “Genzyme Cutting 1,000 Jobs Over Next 15 Months”
Zynga Gets Zinged, Evernote Gets A Memory Button, Google TV Gets Accelerated, & Other Web News You Might Have Missed
While I was preoccupied this short week covering stuff like open source robots, smart pens, custom e-mail signatures, and Google Instant, quite a few interesting tech stories were popping up elsewhere on the Web. A few quick pointers: —I’ve only been in San Francisco since July, and I’ve already heard plenty of whispers about Zynga … Continue reading “Zynga Gets Zinged, Evernote Gets A Memory Button, Google TV Gets Accelerated, & Other Web News You Might Have Missed”
Ooyala Tunes Into $22M
Mountain View, CA-based Ooyala, the three-year-old maker of an Internet video platform that enables large media companies to share their video content online, said yesterday that it has raised $22 million in a Series D funding round led by new investors The CID Group and Itochu Technology Ventures. Existing investors Rembrandt Venture Partners and Sierra … Continue reading “Ooyala Tunes Into $22M”
Lithium-Ion Battery Maker Sakti3 Gets $4.2 Million from GM, Itochu to Speed Up Commercialization Efforts
Sakti3, an Ann Arbor, MI-based lithium-ion battery maker, announced today that it has brought in $4.2 million from General Motors Ventures and Itochu Technology Ventures to put toward the manufacturing and commercialization of its battery cells. Sakti3 was co-founded by Ann Marie Sastry, a University of Michigan engineering professor, in 2007, and is working on … Continue reading “Lithium-Ion Battery Maker Sakti3 Gets $4.2 Million from GM, Itochu to Speed Up Commercialization Efforts”
Google’s Street View “Trike” at Faneuil Hall Today: Q&A with Digital Imaging Mastermind Luc Vincent
If you’re in the Faneuil Hall area of Boston today, look out for the trike. That would be the Google Street View Trike, a pedicab-like contraption mounted with a camera and computer equipment. It’s meant to capture 360-degree, street-level images of places where Google’s fleet of Street View cars can’t go—pedestrian malls, university campuses, parks, … Continue reading “Google’s Street View “Trike” at Faneuil Hall Today: Q&A with Digital Imaging Mastermind Luc Vincent”
Google Instant Is Anything But a Time-Saver
At a press event in San Francisco this week, Google introduced Google Instant, an overhaul of its core search engine that brings up location- and history-sensitive search results even before you’ve finished typing your query. If you live in San Francisco and you type “s-a-u,” for example, Google Instant will make an educated guess that … Continue reading “Google Instant Is Anything But a Time-Saver”
Smilebox Takes on Shutterfly, Snapfish in Growing Global Market for Photo Sharing
Smilebox is on a mission to help people around the world capture life’s moments, and share them. The Redmond, WA-based startup’s photo service—something of a cross between a desktop application like iTunes, and a pure Web-based service like Google search—helps consumers share pictures and videos online, create original projects like greeting cards, invitations, scrapbooks, slideshows, … Continue reading “Smilebox Takes on Shutterfly, Snapfish in Growing Global Market for Photo Sharing”
Ramius Group Gains Ally in Fight With Cypress Bioscience
A second institutional shareholder has joined a potential proxy battle at Cypress Bioscience after the San Diego biotech spurned an unsolicited buyout offer from a New York hedge fund. The shareholder, Arcadia Capital Advisors of Great Neck, NY, which owns less than a 5 percent stake in Cypress, has issued an open letter that is … Continue reading “Ramius Group Gains Ally in Fight With Cypress Bioscience”
Good Start Genetics Emerges from Stealth with $18M Series A Round
Good Start Genetics is making boosters from all corners of the life sciences sector in Massachusetts look really good today. The Boston-based startup, which is developing genetic tests for prospective parents, says today that it has finished raising an $18 million Series A round of funding. There appear to be a number of people and … Continue reading “Good Start Genetics Emerges from Stealth with $18M Series A Round”