Monday, September 17, 2012

Mass. biotech workforce earned $6B in 2011

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September 17, 2012
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  Today's Top Story 
 
Vascular Pharma Makes Splash; Raises $16M, Inks Janssen Deal
Vascular Pharmaceuticals Inc., of Chapel Hill, N.C. closed 2 deals encompassing the alpha and the omega of its existence. First, it announced the successful completion of a $16 million Series A equity financing co-led by Intersouth Partners and MPM Capital. Find out the details.

  Health Care & Policy 
  • Pulmatrix and CFFT partner to advance cystic fibrosis drug
    Cystic Fibrosis Foundation Therapeutics and Pulmatrix agreed to work together to take the latter's PUR118, an inhaled drug candidate for chronic obstructive pulmonary disease and cystic fibrosis, into clinical development. Pulmatrix will get as much as $1.4 million in upfront and milestone fees from CFFT, which will also provide Pulmatrix access to world-class researchers. Mass High Tech (Boston) (9/14) LinkedInFacebookTwitterEmail this Story
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  Company & Financial News 
  • Calif. molecular Dx company pulls in $8.8 million
    Response Genetics has obtained $8.8 million in an offering of 8 million shares valued at $1.10 apiece. The Los Angeles molecular diagnostics company will use the proceeds from the offering to continue strengthening its position as a provider of high-value cancer genetic tests and pharmaceutical services, Chairman and CEO Thomas Bologna said. GenomeWeb Daily News (free registration) (9/13) LinkedInFacebookTwitterEmail this Story
  Featured Content 
 

  Food & Agriculture 
  • Researchers seek to develop drought-tolerant bioenergy crops
    Introducing genetic traits of drought-tolerant plants into woody plants could lead to the development of biofuel crops that better withstand high temperatures and low moisture, according to an international team of scientists supported by a five-year, $14.3 million Department of Energy grant. Poplar trees will be the first focus of study as a potential feedstock, and the methods, if successful, could be applied to food crops. DomesticFuel.com (9/14) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

Top five news stories selected by BIO SmartBrief readers in the past week.

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  Industrial & Environmental 
  • Solegear, Canadian council team up for new bioplastics
    The National Research Council of Canada and Solegear Bioplastics agreed to integrate their proprietary formulations and technologies to develop new bioplastics. The project will combine NRC's knowledge of bioplastic stabilization with Solegear's technology for changing certain performance characteristics of bioplastics. BiofuelsDigest.com (9/17) LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
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