Spirox, a Menlo Park, CA-based medical device company, has raised $18.5 million to commercialize a device meant to make a portion of surgeries that repair nasal obstructions less invasive.
The company raised the Series B round from East Coast venture capital... Read more »
The race is on to be the first to market with a gene therapy for hemophilia. And one of the entrants just got a big round of funding in what looks like a prelude to an initial public offering.
Cambridge,... Read more »
Here are the week’s headlines in North Carolina biotech news:
—Scynexis (NASDAQ: SCYX) is raising $30 million through a secondary stock offering largely to finance clinical trials for its lead drug, an antifungal. The offering boosts the Durham, NC,... Read more »
As some 3,000 experts in genomics and bioinformatics gather in Boston this morning for the opening of the 2015 Bio-IT World Conference & Expo, San Diego’s Edico Genome announced it has forged a partnership with Intel to accelerate data analysis... Read more »
The first antidepressant drugs were discovered by happenstance in the 1950s when experimental tuberculosis treatments unexpectedly brightened patients’ moods. Happy accidents have happened in the medical device field, too, and Tal Medical of Boston has reeled in $14 million in Series... Read more »
If it seemed a little quiet in venture capital investing around here so far this year, that’s because Washington state saw the fewest deals during the first quarter since 1996. But investors bet more money on the 19 companies that did... Read more »
Alnylam Pharmaceuticals been saying for a few years now that its lead RNA interference drug can reduce the levels of a protein responsible for a rare, crippling nerve condition known as familial amyoidotic neuropathy, or FAP.
But knocking down, or “silencing”... Read more »
KiLife Tech, a Brigham Young University student startup, won the grand prize in this year’s Rice Business Plan Competition.
The startup makes a smartband for children aged 18 months to seven, which buzzes and rings should the child wander beyond a... Read more »
The real promise of the Internet of Things is connecting not just powered electronic devices, but the countless other everyday items that until recently have remained stubbornly isolated in the physical world.
Impinj, a 15-year-old Seattle company, is doing just... Read more »
Here’s a look at news from around Michigan’s innovation hubs:
—Detroiters, rejoice: The city recently released the new Improve Detroit app, which allows residents to report problems like potholes, illegal dumping, and water main breaks to city officials. The app also... Read more »