One of the great things about reporting on tech in the Bay Area is that the world comes to you. People of all nationalities have shaped the history of Silicon Valley, and they’re still coming. Today I’m catching up with some... Read more »
Heading into Independence Day weekend, Washington state still has a functioning government. The budget deal reached this week had implications for life sciences, the tech industry—including a tax increase specifically targeting Microsoft—cleantech, education, and much more. There were also a spate... Read more »
ABOARD CYCLOPS 1, ELLIOTT BAY—I catch a last, harbor seal’s glimpse of the Seattle Aquarium and downtown skyline beyond through the dome-shaped hatch of the submersible. The pilot turns on the life support systems and opens a valve. Air releases from... Read more »
[Updated 7/2/15, 2:55 p.m. See below.] The long-expected approval of Vertex Pharmaceuticals’ new combination drug for cystic fibrosis is finally here. The FDA approved the therapy regimen in a letter it sent to the Boston-based company Thursday.
The drug’s approval... Read more »
Biogen’s revitalized interest in gene therapy continues with a deal the Cambridge, MA-based biotech giant announced this morning.
Biogen has agreed to pay $124 million upfront (including about $30 million that came as an equity investment) and as much as $1.1... Read more »
Bikes are hot. The sharing economy is hot. So Zagster is hot.
The Cambridge, MA-based bicycle-sharing company said today it has raised $3.5 million in new venture funding. The money comes from previous investors LaunchCapital, Fontinalis Partners, Clean Energy Venture Group,... Read more »
[Updated 7/2/15, 10:38 am. See below.] Finding new drugs can be challenging, time consuming, and expensive. But Cambridge, MA, drug discovery company XRpro Sciences believes it can make the process faster and more efficient, and it’s scooping up some... Read more »
Cisco is paying $635 million for privately held OpenDNS, a company founded in 2005 by David Ulevitch, to further build out its cloud-based security business. But the deal is also a sign of the times, according to a prominent player... Read more »