Rodeo Therapeutics Corp., a drug-development startup founded by two leading researchers from Case Western Reserve University School of Medicine and a third scientific partner, has been sold to Amgen Inc., a publicly traded international biopharmaceutical company. Under terms of the agreement, Amgen, based in Thousand Oaks, California, will acquire all outstanding shares of Rodeo for [...]
GE Healthcare has completed the acquisition of Puridify, a UK-based bioprocessing start-up focused on a nanofiber-based platform purification technology for biopharmaceutical production, GE Healthcare announced on Nov. 28, 2017. As part of the acquisition, GE Healthcare will gain Puridify’s technology, FibroSelect, which is complementary to the bead resins and chromatography membranes used in downstream bioprocessing. [...]
A start-up company launched with technology licensed from the University of Maryland School of Medicine was bought by Royal Philips, the global health technology firm announced. Baltimore-based Analytical Informatics Inc. and its technology will be rolled into the Philips unit Philips Radiology Solutions, expanding its offerings more quickly. “Integrating Analytical Informatics’ software tools and applications [...]
University of Arizona startup SinfoníaRx, a wholly owned subsidiary of Sinfonía HealthCare Corp., has been acquired by Tabula Rasa HealthCare (NASDAQ: TRHC), a public health care company that provides individualized, data-driven technology solutions. SinfoníaRx is a health care company whose mission is to provide the highest-quality solutions for health plans, patients and caregivers. Spun out as [...]
Founded in 2014, the company has developed a technology that could cure blindness. Nightstar is the latest in a number of UK-based healthcare companies looking to US markets for IPOs. Investors in the US are said to have a better understanding of biotech, which leads them to value early-stage companies at higher amounts. Nightstar is [...]
Cory Berkland might not be the first person you’d guess would help to create what has become a multimillion-dollar company. The distinguished professor, appointed in the departments of Pharmaceutical Chemistry and Chemical & Petroleum Engineering at the University of Kansas, grew up on a pig farm in Iowa, studied chemical engineering at the undergraduate and [...]
Ithaca laser-technology company Binoptics is being bought by M/A-Com Technology Solutions of Lowell, Mass., for $230 million in cash, the company announced Wednesday. Binoptics, in business since 2000 using technology developed at Cornell University, develops and makes semicondutor microchip lasers for equipment in the data and telecommunications industries that use light energy rather than electricity. [...]
Finance Wales is close to three exits on companies backed by its technology-focused fund, including one via flotation. Director of Technology Venture investments Steve Smith said the £40m fund, which has backed around 40 mainly pre-revenue technology firms in Wales, was also working towards making its first co-investment(s) with the Welsh Government’s £100m Wales Life [...]
Allied Minds, a U.S.-based company that commercializes research and inventions from universities, plans to raise about $140 million of capital from investors in a London listing, it said on Tuesday. […]
The Wolverine Venture Fund, an investment vehicle run by students at the University of Michigan, is celebrating a win now that it has recorded its fourth profitable exit with the IBM’s acquisition ofSilverpop. […]