There was no obvious reason for us to focus on the $575 million buyout of INC Research, a contract research organization based in Research Triangle Park, NC, that was announced last week. But the acquisition by Avista Capital Partners, a New York private equity firm, and the Ontario (Canada) Teachers’ Pension Plan’s private capital group, … Continue reading “San Diego Founder Kenneth Selzer, Investor Drew Senyei Pleased with INC Research Acquisition”
Promising Skin Cancer Drug Could Be First Big Win for Plexxikon’s Structure-Based Drug Discovery Approach
There’s a biotech startup called Plexxikon in Berkeley, CA, where executives and investors are probably mirroring this week’s sunscreen-worthy Bay Area weather with some sunny faces of their own. That’s thanks to encouraging news about Plexxikon’s lead drug candidate, which goes by the prosaic label PLX-4032, and its ability to reverse tumor growth in patients … Continue reading “Promising Skin Cancer Drug Could Be First Big Win for Plexxikon’s Structure-Based Drug Discovery Approach”
Varolii Confirms New Round of Layoffs This Week
Varolii, a Seattle-based company that develops tools for automated business communications, laid off an undisclosed number of employees this week. The story was first reported by TechFlash. Varolii’s director of public relations and customer programs Robin Rees confirmed the layoffs with Xconomy, citing ongoing corporate strain due to the downturn in the economic climate. “While … Continue reading “Varolii Confirms New Round of Layoffs This Week”
HealthEdge, Rising from the Ashes of DeNovis, Reaps Benefits from Healthcare Reform
People who paid close attention to the healthcare reform debate know that it was really about bringing sweeping changes to health insurance in the United States. It includes all kinds of new laws about who is eligible for coverage and other health benefits. For Burlington, MA-based HealthEdge, the legislation has created a new reason for … Continue reading “HealthEdge, Rising from the Ashes of DeNovis, Reaps Benefits from Healthcare Reform”
Wavemark Receives $3,900,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c8bfaa1d-fdc8-4672-b9b1-3c2cc95aa5f5&Preview=1 Date 8/26/2010 Company Name Wavemark Mailing Address One Monarch Drive Littleton, MA 01460 Company Description WaveMark, Inc. is a leader in providing intelligent inventory management solutions to hospitals and surgery centers. Headquartered in Boxborough, Massachusetts, WaveMark is focused on providing clinical environments with an intelligent solution to managing the flow of … Continue reading “Wavemark Receives $3,900,000 New Financing”
Cisco Systems Acquires ExtendMedia for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a2077a9d-10bf-478f-985b-d580a790d30e&Preview=1 Date 8/26/2010 Company Name ExtendMedia Mailing Address 199 Wells Ave Newton, MA 02459 Company Description ExtendMedia provides software and media services that enable content providers and distributors to quickly and securely create, deliver, manage & monetize online content offerings over many devices. Our flagship product, OpenCASE, is a trusted foundation on … Continue reading “Cisco Systems Acquires ExtendMedia for Undisclosed Sum”
Tradescape Obtains $332,527 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0624e5b-6053-42ad-a76d-7395bc4b6530&Preview=1 Date 8/26/2010 Company Name Tradescape Mailing Address 520 S. El Camino Real San Mateo, CA 94402 Company Description Tradescape is developing infrastructure technology to enable efficient digital marketplaces. Website http://www.Tradescape.biz Transaction Type Venture Equity Transaction Amount $332,527 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. M&A … Continue reading “Tradescape Obtains $332,527 New Financing”
Google Acquires Angstro for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7cabe8f2-f380-4dd8-99a4-9356530775d5&Preview=1 Date 8/26/2010 Company Name Angstro Mailing Address 169 University Ave., second floor Palo Alto, CA 94301 Company Description The company creates a variety of online social networking technologies. Website http://www.angstro.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the transaction were not disclosed.
GroupMe Secures $850,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78aa5e2c-26f9-47a2-8536-700666472eac&Preview=1 Date 8/26/2010 Company Name GroupMe Mailing Address Undisclosed New York, NY 10001 Company Description Ever send a text message to multiple people? Wish your friends could reply all? GroupMe enables you to organize and communicate with the groups of people in your life that are important to you. Website http://www.groupme.com Transaction … Continue reading “GroupMe Secures $850,000 New Financing Round”
HP Acquires StrataVia for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=657b2a4d-2054-48df-8de7-196ebbf80016&Preview=1 Date 8/26/2010 Company Name StrataVia Mailing Address 707 17th Street Denver, CO 80202 Company Description Stratavia Corporation delivers IT Automation for database environments. We provide clients with improved operational efficiency and lower database administration costs focusing on standardization, automation and predicting capabilities. Website http://www.stratavia.com Transaction Type M&A Transaction Amount Undisclosed Transaction … Continue reading “HP Acquires StrataVia for Undisclosed Sum”
Ramius Still Wants Cypress Bio
It took a week, but Ramius Value and Opportunity Advisors responded today to what it calls the “abrupt resignation” of independent director Jean-Pierre Millon from the board at San Diego’s Cypress Bioscience (NASDAQ: [[ticker:CYPB]]). The subsidiary of New York’s multi-billion-dollar Ramius group says it’s still committed to its $160-million buyout offer for Cypress, says it’s … Continue reading “Ramius Still Wants Cypress Bio”
Can Microsoft Outflank Apple, Facebook, and Google? A Strategy Update
I left Seattle just over a month ago, and people keep asking if I miss anything about it. Yes, I say. But it’s not the amazing coffee, the great food, the nice people, or the beautiful scenery. I miss Microsoft. I’m only half-kidding. I don’t miss hearing about Steve Ballmer’s iPhone and every turn of … Continue reading “Can Microsoft Outflank Apple, Facebook, and Google? A Strategy Update”
Todd Dean Steps Down from Keiretsu Forum
The president of the Keiretsu Forum‘s Northwest chapter, Todd Dean, is stepping down from his position to pursue new career opportunities. Dean informed his fellow forum members of his decision in a letter, thanking them for their support in the past five years, both in growing the angel investment organization and bolstering the regional startup … Continue reading “Todd Dean Steps Down from Keiretsu Forum”
Finistere Plans New Venture Fund
Finistere Ventures, a San Diego venture capital firm that has maintained a low profile while investing in early stage medical device and agricultural biotech startups, is laying plans to raise another venture fund next year. Managing Director Bruce J. “Jay” Brumfield confirms a report in VentureWire today, which says the Finistere Ventures II fund will … Continue reading “Finistere Plans New Venture Fund”
Digital Chocolate Sues Zynga
Digital Chocolate, the San Mateo, CA-based maker of casual games for Facebook and mobile phones, filed suit against San Francisco-based Zynga today in the U.S. District Court for the Northern District of California. According to a report in TG Daily, which reviewed a copy of Digital Chocolate’s complaint, the suit alleges that Digital Chocolate owns … Continue reading “Digital Chocolate Sues Zynga”
Zimride Gases Up with $1.2M
San Francisco-based Zimride, a three-year-old social ride sharing startup that participated in Facebook’s fbFund incubator program, said this week that it has raised $1.2 million in seed funding from Floodgate Fund, K9 Ventures, and a group of angel investors, including Keith Rabois and Teddy Downey. Zimride serves specific corporate and university campuses such as CIGNA, … Continue reading “Zimride Gases Up with $1.2M”
Cisco Leads $10M Atlantis Round
Mountain View, CA-based Atlantis Computing, which makes software optimizing the speed and storage capacity of virtual desktop systems, announced today that it has raised $10 million in a Series C venture financing round. Cisco Systems, Partech International, and El Dorado Ventures co-led the round. Atlantis said it will use the money to “fund sales growth, … Continue reading “Cisco Leads $10M Atlantis Round”
New Ann Arbor Firm, Resonant Venture Partners, Hopes to Team Up with Coastal VCs on Michigan Investments
Michael Godwin and Jason Townsend know what they’re getting into, launching a new seed-stage venture capital fund, Resonant Venture Partners, in Michigan during a time when getting institutional investors to climb onboard is next to impossible. “Yeah, it’s bleak in Michigan,” Godwin says, referring to the lack of institutional investor enthusiasm for venture funds in … Continue reading “New Ann Arbor Firm, Resonant Venture Partners, Hopes to Team Up with Coastal VCs on Michigan Investments”
Seattle Children’s CEO, Between Meetings, Invents Cheap Ventilator to Save Babies Worldwide
Being a hospital CEO sounds like a mind-numbing, innovation-crushing job to me. I imagine days filled with insurance hassles, egotistical docs, malpractice lawyers, and boring meetings about saving on rubber gloves. At night, I envision wining and dining donors to keep the place afloat. But in between doing everything that a hospital CEO must do, … Continue reading “Seattle Children’s CEO, Between Meetings, Invents Cheap Ventilator to Save Babies Worldwide”
Xconomy Forum: Boston’s War on Cancer
Cancer might be the mother of all pharmaceutical opportunities for the 21st century. Advances in biology over the past 40 years have ushered in a wave of targeted therapies that have proven in some cases to be more effective and more lucrative than traditional chemotherapy and radiation treatments. Drugmakers are now testing some 860 cancer … Continue reading “Xconomy Forum: Boston’s War on Cancer”
What Is Boston Doing for the War on Cancer? Find Out at Xconomy Forum on October 20
Billions of dollars are being poured into R&D against cancer, by governments and pharma companies all over the world. I write about it pretty much every week on Xconomy. So it shouldn’t be any surprise we’ve been itching around here to pull off a socko event that gathers some of Boston’s top entrepreneurs in the … Continue reading “What Is Boston Doing for the War on Cancer? Find Out at Xconomy Forum on October 20”
NKT Brings In $4M
Waltham, MA-based NKT Therapeutics, a developer of drugs targeting lesser-known immune cells potentially linked to a number of major illnesses, raised $4 million in an equity round from three unnamed investors, according to an SEC filing. Last year, the company raised an $8 million Series A round led by SV Life Sciences and MedImmune Ventures. … Continue reading “NKT Brings In $4M”
TPI to Open Fall River Plant, Get MassCEC Grant
TPI Composites, an Arizona-based maker of wind turbine blades, plans to open a new facility in Fall River, MA, as soon as January, according to a report in the Boston Globe. The plant will be a development hub for TPI’s facilities in Rhode Island, Iowa, Mexico, and China, the report says. The Massachusetts Clean Energy … Continue reading “TPI to Open Fall River Plant, Get MassCEC Grant”
MedNetworks Partners With Healthways
Newton, MA-based MedNetworks, a provider of social network analytics software for the healthcare sector, has partnered with Tennessee-based Healthways, a maker of personalized health management programs. Healthways will use the MedNetworks technology, which was developed by Harvard professor and social scientist Nicholas Christakis, for population health management and tracking how individuals influence each other’s health … Continue reading “MedNetworks Partners With Healthways”
A SBIR Program Director Offers Insights in Small Business Innovation Research “Grantsmanship” in the Life Sciences
There was a heavy turnout among rank-and-file scientists when the grassroots San Diego Entrepreneur Exchange (SDEE) hosted a panel discussion earlier this year on how to win a Small Business Innovation Research (SBIR) grant. So it might be standing room only for the briefing that San Diego’s Biocom industry group has organized tomorrow at the … Continue reading “A SBIR Program Director Offers Insights in Small Business Innovation Research “Grantsmanship” in the Life Sciences”
First Startups Take Flight From San Diego’s EvoNexus Incubator; Irvine Company Launches Initiative to ‘Renew’ University City as a Tech Hub
EvoNexus, the free incubator launched last November by San Diego’s CommNexus telecom industry group, is preparing to send its first fledgling startups into the wild—and to choose a few new startups to replace them. The comings and goings are taking place as both EvoNexus and CommNexus are settling into new office space themselves, just months … Continue reading “First Startups Take Flight From San Diego’s EvoNexus Incubator; Irvine Company Launches Initiative to ‘Renew’ University City as a Tech Hub”
Taking a VC Approach to Charity, Greylock Veteran’s Alzheimer’s Research Foundation “Dares to Be Great”
When Henry McCance started at Greylock Partners in 1969, the venture capital industry had less than $100 million of capital flowing into it each year, he approximates. Now, it’s roughly a $20 billion-a-year sector of the financial world that has backed companies whose products are, in many cases, staples of modern living. Five years ago, … Continue reading “Taking a VC Approach to Charity, Greylock Veteran’s Alzheimer’s Research Foundation “Dares to Be Great””
The Definitive Y Combinator Demo Day Debrief
“Mint.com for small businesses.” “Foursquare for sports games.” “Facebook without Facebook.” Comparing your idea to some existing and fabulously successful service, then saying why it will be even better, seems to be one of the modern formulas for pitching a startup—and it was on prominent display yesterday at Y Combinator‘s Demo Day, the culminating event … Continue reading “The Definitive Y Combinator Demo Day Debrief”
NeuroVista Raises $21.5M More Through VC Round and Investment From Cyberonics
[Updated and corrected: 1 pm, 9/9/10] Seattle-based medical device developer NeuroVista has raised $16.5 million in equity financing led by Australian firm GBS Venture Partners, and an additional $5 million through a convertible debt agreement with Houston, TX-based Cyberonics (NASDAQ: [[ticker:CYBX]]), a medical device firm specializing in the treatment of epilepsy and other neurological disorders. … Continue reading “NeuroVista Raises $21.5M More Through VC Round and Investment From Cyberonics”
Anchor Sinks $10M Series B, Aileron Lands Deal with Roche, C Change Launches Fund With Vanterra, & More Boston-Area Deals News
A flurry of tech and life sciences startup financings has kept us busy on the deals news front. —Andover, MA-based NewRiver, a maker of investor disclosure software, said it will be acquired for $77 million by Lake Success, NY-based Broadridge Financial Solutions (NYSE: [[ticker:BR]]). NewRiver’s investors include Ironside Ventures, FirstMark Capital, and Lazard Technology Partners. … Continue reading “Anchor Sinks $10M Series B, Aileron Lands Deal with Roche, C Change Launches Fund With Vanterra, & More Boston-Area Deals News”
NKT Therapeutics Garners $4,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ddb2b94e-8fb5-489c-835c-3e5422bd2dc4&Preview=1 Date 8/25/2010 Company Name NKT Therapeutics Mailing Address 1000 Winter Street Waltham, MA 02451 Company Description NKT Therapeutics, Inc. (the Company) is a biotechnology company focused on developing therapeutics based on unique immune cells called natural killer T (NKT) cells. NKT cells are a rare but central component of the human … Continue reading “NKT Therapeutics Garners $4,000,000 New Funding Round”
NeuroVista Receives $16,500,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24851999-996b-4bf7-adf3-b79751341719&Preview=1 Date 8/25/2010 Company Name NeuroVista Mailing Address 100 Fourth Ave North Seattle, WA 98109 Company Description NeuroVista Corporation is an early-stage medical device company pioneering new technologies that will revolutionize the management and treatment of epilepsy. Epilepsy is a neurological condition affecting approximately 1% of the U.S. population – more than … Continue reading “NeuroVista Receives $16,500,000 New Funding”
EMN8 Obtains $3,100,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a6fe2084-9781-4094-8bca-75e01e842f75&Preview=1 Date 8/25/2010 Company Name EMN8 Mailing Address 10070 Mesa Rim Rd. San Diego, CA 92121 Company Description EMN8® is the leading innovator of rich media software delivered over enterprise networks that automate the customer ordering and payment processes in quick service restaurants, movie theatres, theme parks and other exhibition and retail … Continue reading “EMN8 Obtains $3,100,000 New Financing”
ViewRay Secures $20,000,000 Series C Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=981d3c8f-c417-4c05-8e1d-904089c368c0&Preview=1 Date 8/25/2010 Company Name ViewRay Mailing Address 2 Thermo Fisher Way Oakwood Village, OH 44146 Company Description The patent pending Renaissance race System 1000 combines two proven technologies: magnetic resonance imaging (MRI) and gamma ray radiotherapy. Conversely, today’s competing image-guided radiotherapy systems are based on linear accelerators which require CT or … Continue reading “ViewRay Secures $20,000,000 Series C Financing Round”
Healthsense Secures New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85e17b15-b495-4838-a4f7-943134a6b374&Preview=1 Date 8/25/2010 Company Name Healthsense Mailing Address 1191 Northland Dr. Mendota Heights, MN 55120 Company Description Healthsense, based in Mendota Heights, MN, is a market leader in providing technology solutions for the future of aging services. Healthsense offers completely integrated systems based on a standard Wi-Fi platform for Personal Emergency Response … Continue reading “Healthsense Secures New Funding Round”
In-Pipe Technology Company Obtains $2,000,006 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f8e0421-193a-47a2-822b-e0c31f11e121&Preview=1 Date 8/25/2010 Company Name In-Pipe Technology Company Mailing Address 100 Bridge St. Wheaton, IL 60187 Company Description In-Pipe’s patented technology transforms miles of sewer pipe into an active part of the wastewater treatment process, optimizing the entire infrastructure. This improves operating economics without additional capital expenditure. Since it uses natural, biological … Continue reading “In-Pipe Technology Company Obtains $2,000,006 New Funding”
Atlantis Computing Receives $10,000,000 Series C Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa8db98c-92dd-4c7f-b4a2-003936f3d981&Preview=1 Date 8/25/2010 Company Name Atlantis Computing Mailing Address 2570 W. El Camino Real Mountain View, CA 94040 Company Description Atlantis Computing is transforming enterprise desktop computing by solving the challenges of desktop virtualization: storage costs and user acceptance. Atlantis ILIO complements existing VDI solutions by reducing VDI storage costs and complexity, … Continue reading “Atlantis Computing Receives $10,000,000 Series C Round”
Flowtown Secures $750,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a6e3206-b8d8-49ac-808d-a7a0edeb98ab&Preview=1 Date 8/25/2010 Company Name Flowtown Mailing Address 2601 Mission St. San Francisco, CA 94110 Company Description Flowtown is a social media marketing platform that helps businesses transform email contacts into engaged customers. Our easy-to-use, powerful business tool uses openly shared information from the most popular social networks. We help over 15,000 … Continue reading “Flowtown Secures $750,000 New Funding”
Foodspotting Lands $750,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5b30ceea-e418-4c02-8bd6-e849de08ff5f&Preview=1 Date 8/25/2010 Company Name Foodspotting Mailing Address 3108 16th St. San Francisco, CA 94101 Company Description Foodspotters earn recognition for sharing foods they love enabling foodseekers to find whatever they’re craving and see what’s good wherever they go. Website http://www.foodspotting.com Transaction Type Venture Equity Transaction Amount $750,000 Transaction Round Undisclosed Proceeds … Continue reading “Foodspotting Lands $750,000 New Funding Round”
Lumenergi Obtains $12,700,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ebe0c30-37a0-43c5-a890-e98847d158b6&Preview=1 Date 8/25/2010 Company Name Lumenergi Mailing Address 8371 Central Ave Newark, CA 94560 Company Description Lumenergi, formally Luminoptics, is bringing to the lighting and controls market the first, cost-effective, high-ROI dimming lighting ballast technology expected to spur the growth of energy-efficient, demand-responsive buildings. Through the company’s new dimming electronic ballasts (DEB), … Continue reading “Lumenergi Obtains $12,700,000 Series B Financing”
DriverSide Garners $2,000,427 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cec77ad1-d53a-4ca0-974b-f2c79642fae1&Preview=1 Date 8/25/2010 Company Name DriverSide Mailing Address 832 Sansome Street 4th Floor San Francisco, CA 94111 Company Description DriverSide is a vast resource for all drivers. We want to make buying, selling, and owning vehicles easier and more rewarding. We feel like owning a car can be complicated and we are … Continue reading “DriverSide Garners $2,000,427 New Financing”
EMN8 Raises More Cash
After raising more than $14.4 million in March, San Diego-based EMN8 has raised an additional $3.1 million in financing, according to a recent regulatory filing. The startup company makes point-of-transaction kiosks, which use touchscreen displays to accelerate customer orders at fast-food restaurants, theaters, and other retailers. The company has not released any details about its … Continue reading “EMN8 Raises More Cash”
Yahoo Search Now Fully Powered By Bing
Just over a year after announcing plans to team up on search engine and advertising efforts, Yahoo (NASDAQ: [[ticker:YHOO]]) and Microsoft (NASDAQ: [[ticker:MSFT]]) have completed a sizable leg of the search transition—Yahoo search results are now powered by Microsoft’s Bing in the U.S. and Canada, the companies said today. The ten-year agreement that puts Redmond, … Continue reading “Yahoo Search Now Fully Powered By Bing”
American Superconductor, Going Deeper Into Wind Power, Makes Moves in India and U.K.
One of the giants of the New England cleantech scene is making waves—or should I say, wind. Devens, MA-based American Superconductor (NASDAQ: [[ticker:AMSC]]) said today it has received a new order for 17 wind-turbine electrical control systems from Inox Wind, based in India. Financial details weren’t given, but the company is touting it as a … Continue reading “American Superconductor, Going Deeper Into Wind Power, Makes Moves in India and U.K.”
$5M for Photo Diagnostic Systems
Danvers, MA-based Photo Diagnostic Systems, a new medical imaging startup, has raised $5 million in equity funding, according to a regulatory filing. The news was first reported by Mass High Tech. The MHT article reports that Bernard Gordon, a founder of Analogic (NASDAQ: [[ticker:ALOG]]) and NeuroLogica, bought the assets of Photo Detection Systems (now defunct) … Continue reading “$5M for Photo Diagnostic Systems”
C Change Partners on $100M Fund With Vanterra
Fund manager C Change Investments, with offices in Cambridge, MA and San Francisco, has partnered with New York-based private equity firm Vanterra Capital to launch a new fund, with a $100 million initial close earlier in August, the firms announced on Monday. The Vanterra C Change Transformative Energy & Materials Fund I (TEM) will be managed … Continue reading “C Change Partners on $100M Fund With Vanterra”
$15M Rains on Nimbula
Menlo Park, CA-based Nimbula, a two-month-old cloud computing startup founded by the developers of Amazon’s EC2 cloud infrastructure, has raised $15 million in Series B financing, according to an announcement yesterday. The round was led by new investor Accel Partners with participation from existing investor Sequoia Capital. Nimbula, which says it focuses on “blending EC2-like … Continue reading “$15M Rains on Nimbula”
Business Accelerator Network for Southeast Michigan Offers $1M in Prizes for Entrepreneurs
Today’s launch of a huge $1 million business plan competition in southeast Michigan gives flesh to the ambitious phrases thrown around back in June, when the new regional Business Accelerator Network that is overseeing the competition was hailed by local business leaders as “one of the most catalytic events for entrepreneurial activity and innovation in … Continue reading “Business Accelerator Network for Southeast Michigan Offers $1M in Prizes for Entrepreneurs”
Five Prime Therapeutics, Gliding Like a Submarine, Quietly Takes Aim At Cancer
Five Prime Therapeutics is one of those companies built on the old school biotech business model. Take a cutting-edge scientific concept, mix in top scientists and big name venture backers, and see what you get 10 years later. Now it’s been eight years, and the company is moving toward the point in clinical trials where … Continue reading “Five Prime Therapeutics, Gliding Like a Submarine, Quietly Takes Aim At Cancer”
SG Biofuels and Life Technologies Map Whole Genome of Jatropha Plant
[Updated 8/27/10 12:15 pm. See below] Carlsbad, CA-based Life Technologies (NASDAQ: [[ticker:LIFE]]) and Encinitas, CA-based SG Biofuels are announcing today that they have completely sequenced the genome of Jatropha curcas, a hardy Central American bush that produces walnut-size seeds laden with oil. The entire genome was sequenced since January, when the two San Diego-area companies said … Continue reading “SG Biofuels and Life Technologies Map Whole Genome of Jatropha Plant”