Venture backed companies can address a large market quickly, and therefore payoff investors sooner than other businesses.
While a couple of glasses of wine can help clear the mind after a busy day, new research shows that it may actually help clean the mind as well. The new study, which appears in the journal Scientific Reports, shows that low levels of alcohol consumption tamp down inflammation and helps the brain clear away toxins, including those associated with Alzheimer’s disease.
OpGen announced today that it has priced its public offering of approximately 3.7 million units of common stock and common warrants at $3.25 per unit.
Amazon made an announcement Tuesday that sent shockwaves through the health care industry and caused insurers’ stocks to plummet: The technology company is joining Berkshire Hathaway and JPMorgan Chase to create an independent health care organization that will serve their employees.
Qiagen will acquire Spanish biotech STAT-Dx for up to €153M – more than 3 times the total funding it has raised so far – to produce fast and effective diagnostic tests for infections and cancer.
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Rice University, HoustonJones Graduate School of Business
Global venture capital firm New Enterprise Associates, Inc. (NEA) today announced that Jeff Immelt has joined the firm as Venture Partner. Immelt, who recently retired from his role as Chairman and CEO of GE after 16 years at the helm of the 125-year-old company, is widely regarded as one of the world’s most innovative and capable business leaders. His extensive domain and company-building expertise are closely aligned with NEA’s core sectors of focus, and he will work closely with technology and healthcare companies across the firm’s portfolio in this new role.
A new oncology company spun out of Johns Hopkins School of Medicine is raising up to $40.5 million to develop its platform of anticancer therapies.
The U.Va. Licensing and Ventures group is offering funding to three local health and technology startups.
20/20 GeneSystems, Inc. finalized its first equity crowdfunding campaign this week with gross proceeds of $1.07 million, the maximum amount permitted under current SEC rules pursuant to Regulation CF. In so doing, the company became only the second medical technology firm to reach this maximum. 20/20 is now listed as one of the “Top 20 Regulation Crowdfunding Campaigns of All Time” by Crowdfund Capital Advisors. The campaign was posted on First Democracy VC, a joint venture between Indiegogo and MicroVentures and was assisted by marketing firm Enventys Partners.