Walmart is snapping up another company to build out its online shopping offerings, as the low-cost retail giant adapts to shifting consumer habits and duels with Amazon.
Walmart (NYSE: WMT) and its prized e-commerce subsidiary Jet.com have acquired Boston-based ShoeBuy... Read more »
Information technology has wound itself so deeply into healthcare, this might be the year that the term “digital health”—used roughly to distinguish health-related hardware and software from drugs and medical devices—becomes quaint.
One example of the ever-blurrier lines between health and... Read more »
RaNA Therapeutics is branching out. Today, the Cambridge, MA, startup is acquiring some assets from pharmaceutical giant Shire that immediately make it a player in an emerging, yet unproven field of drugmaking—messenger RNA therapeutics.
Cambridge, MA-based RaNA has acquired a small,... Read more »
Versant Ventures now has $400 million in its coffers to fuel its pursuit of early-stage healthcare technologies and startups, and it has a particular goal of expanding its investment approach in Europe.
With the closing of its sixth fund announced Tuesday,... Read more »
Amazon said it shipped more than one billion items worldwide this holiday season, marking another record-setting year for the Seattle-based online retailer. Sales figures tell part of the story, while Amazon’s (NASDAQ: AMZN) steadily expanding geographic footprint tells another. The... Read more »
Inotek Pharmaceuticals has started 2017 with a big setback.
The company’s first big Phase 3 test of an experimental glaucoma drug fell far short this morning, leaving the fate of the drug, known as trabodenoson, unclear.
Lexington, MA-based Inotek (NASDAQ: ITEK... Read more »
Even though Jounce Therapeutics has no human clinical data to report yet, a partnership with Celgene and support from a broad group of investors have made the Cambridge, MA, cancer drug developer a likely IPO candidate for some time now.
Jounce... Read more »
The idea that New York City could become a biotech powerhouse dates back to the late 1990s. It’s been a slow, tedious process, and it’s nowhere near complete, but from near and far, Harold Varmus and Vicki Sato have been watching... Read more »
You’ve probably seen the Internet memes. “When 2016 started, I looked like this. [Insert picture of young Leo DiCaprio.] Now I look like this. [Leo, with mountain beard, after mud-wrestling with a grizzly in The Revenant.]” In life science terms,... Read more »