The big headline out of the health care M&A world today is Swiss pharmaceutical giant Roche’s $1.9 billion acquisition of Flatiron Health, the Alphabet-backed, cancer-focused digital health analytics upstart that’s attempting to use real world patient information and big data to spur better oncology R&D.
Congress recently enacted the most significant overhaul to the U.S. Internal Revenue Code (the Code) in decades. The legislation, commonly known as the Tax Cuts and Jobs Act (the Act), includes a number of changes to the Code that apply to corporate and pass-through businesses. This Q&A summarizes the key tax and employee benefits changes in the Act that impact domestic emerging growth enterprises and start-ups. For additional information on the Act, see our prior alerts: Congress Passes Tax Cuts and Jobs Act and U.S. House and Senate Pass Reconciled Tax Cuts and Jobs Act.
Seventy-five years ago, Silicon Valley was fruit orchids and Detroit was dominating the most exciting industry in the nation. “Things can change,” Steve Case said of the tidal shifts of the U.S. innovation economy.
Roche Holding will buy Flatiron Health and its cancer-focused medical records technology for $1.9 billion, as drugmakers increasingly mine data to develop new oncology treatments.
A lot of great things happened this Valentine’s Day – countless couples celebrated their love with chocolate, roses, and dates. However, there was one thing that stood out to me: Under Amour CEO Kevin Plank posted his first LinkedIn article.
Weekly NIH Funding Opportunities and Notices
The following funding opportunity announcements from the NHLBI or other components of the National Institutes of Health, might be of interest:
Elon Musk’s plan to build a hyperloop tunnel to allow travel from D.C. to New York in under 30 minutes appears to be gaining traction with District officials.
The Food and Drug Administration plans to use a proposed $400 million boost in federal funding to focus on a range of innovative approaches to speed the approval of new medical devices and create a new center that would support digital health oversight and address cybersecurity concerns.
Researchers at Johns Hopkins University believe robots could learn a thing or two from nature’s most adaptable pest — the cockroach. The insect can navigate almost any terrain, thanks to over 300 million years of evolution. Scientists filmed the cockroaches running obstacle courses and captured their movements using high-speed cameras. The footage was then analyzed and adapted for a six-legged robot to repeat the movements. Researchers hope this work can eventually be used in search and rescue missions during natural disasters.
The Biotechnology Innovation Organization (BIO) celebrates its 25 years anniversary this year.
Innovators Magazine is a media partner with one of BIO’S flagship annual events, the World Congress on Industrial Biotechnology, and we’ve distributed special Congress editions at the last two instalments, in San Diego and Montréal.
