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Biotech giant Moderna Therapeutics bumps IPO goal to staggering $600M – Boston Business Journal

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The biggest proposed IPO in biotech history just got even bigger.

Cambridge-based Moderna Therapeutics disclosed Wednesday that it’s hoping to raise up to $600 million in an initial public offering, an increase from the $500 million maximum it proposed earlier this month. Either sum would shatter the previous record for a life sciences IPO, both in biotech-rich Massachusetts and nationwide.

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Useful Stats: Higher Ed R&D by state, 2008-2017 – SSTI

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Higher education R&D expenditures (HERD) grew by 38.9 percent from 2008 to 2017, an increase of more than $21 billion, according to an SSTI analysis of recently released data from the National Science Foundation’s National Center for Science and Engineering Statistics. From 2016 to 2017, HERD grew by $3.8 billion, the largest year-over-year increase since 2010-2011. Higher education R&D expenditures grew the fastest in Connecticut (66.2 percent), Massachusetts (63.9 percent), and Wyoming (63.0 percent) over the 10-year period, while New York ($2.3 billion increase), California ($2.0 billion), and Massachusetts ($1.6 billion) saw the largest absolute gains during this time.

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Children’s National breaks ground on one-of-a-kind pediatric research and innovation hub – LinkedIn

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Congratulations to team at #ChildrensNational re groundbreaking for new research & #ChildrensInnovation center on former #WalterReed campus. $150M invested near term creating 300 construction and 110 permanent jobs. Honoring campus’ legacy while advancing pediatric treatment, diagostics, and prevention for patients in DC and around the globe. Campus will include not only Children’s R&D but also clinical services, schools, retail, affordable housing and more! “Live, work, thrive!”

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