biotech

Healthcare

Google-Backed AI Drug-Developer Isomorphic Labs Secures $600 Million

Photo by Jay Dixit via CC BY-SA 4.0

Though Isomorphic is burning through millions in R&D costs now, investors have high hopes for the potential of AI drug development.

1 min read

Photo by https://www.flickr.com/photos/techcrunch/29658718755/ via CC BY 2.0

Healthcare

LinkedIn Cofounder Hoffman’s New AI Oncology Startup Raises $25 Million

Behind the blinding white light of Monday’s trillion–dollar AI wipeout that was a spot of unabashedly good AI news.

2 min read
Photo via Neko Health

Healthcare

Healthtech Startups Score Big Fundraises

The pandemic saw a flurry of investment in biotech startups but the past three years have seen shrinking investments in the sector.

2 min read
Photo by Coolcaesar via CC BY-SA 4.0

Healthcare

Merck Cautiously Enters GLP-1 Fray Via Licensing Deal With Chinese Drugmaker

By licensing a drug from Hansoh, Merck signaled that it isn’t prepared to fully challenge its rivals’ dominance in the GLP-1 space.

2 min read

Healthcare

Merck Takes on Brain Cancer With Acquisition of Yale Spinoff Modifi

Photo by JHVEPhoto via iStock

Modifi Biosciences announced that it has been acquired by global pharmaceutical giant Merck, with a $30 million down payment.

1 min read

Photo via U.S. Patent and Trademark Office

Patent Drop

Neuralink Pairing Patent Protects Against Brain Cyber Attacks

Neuralink wants to protect implants from interference.

2 min read
Photo by U.S. Air Force Senior Airman Eugene Oliver via Public Domain Mark 1.0

Healthcare

Moderna Is Fighting Pfizer, BioNTech over mRNA Patent

Moderna says it was willing to licence the tech but now wants to be repaid by rivals for vaccine revenue generated since then.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Industrials

Deep-Sea DNA Is Becoming the World’s Buried Treasure

Bioprospecting for genes of new species in the world’s oceans has become complex and extremely lucrative.

5 min read

Healthcare

Moderna Moves to Maintain its mRNA Momentum

Photo by Governor Tom Wolf via CC BY 2.0

The company’s stock ran higher after the company buoyed investors’ hopes that its technology will boost a lineup of new popular drugs.

2 min read

Photo by Egor Kamelev via Pexels

Healthcare

Psychedelic Biotech Firms Record Major Fundraising Mark

The growing sector scored its second-highest month ever for total money-raising.

1 min read
(Photo by Towfiqu Barbhuiya on Unsplash)

Healthcare

Pharma Giants Combine Forces to Fight New M&A Rules

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

2 min read
Image Credit: BioNTech

Healthcare

Hedge Funds are Shopping for BioTech Bargains Amid Market Downturn

1 min read

Healthcare

Healthcare and Tech Stocks are Having a Bad Month and — Surprise — So is BioTech

Image Credit: iStock, Inside Creative House

1 min read

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