Biotech Company Debut Launches Skin Tightening Ingredient
Debut has a new ingredient and is working with skin care brands on formulations. The biotech beauty company is launching DermCeutical EDLTM, a topical bioactive ingredient that claims to…
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Biotech
The Download: cut through AI coding hype, and biotech trends to watch
Quote of the day “I am very annoyed. I’m very disappointed. I’m seriously frustrated.” —Pfizer CEO Albert Bourla tells attendees at a healthcare conference this week his feelings about the…
Three technologies that will shape biotech in 2026
Recently, embryo scoring has evolved. Labs can pinch off a couple of cells from an embryo, look at its DNA, and screen for some genetic diseases. That list of diseases is increasing. And…
Novartis strikes deal with UK biotech for up to US$1.7 billion
Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences Novartis will pay UK biotech Relation Therapeutics as much as US$1.7 billion to help…
Novartis agrees to buy Avidity in US$12 billion biotech deal
Novartis agreed to buy biotechnology company Avidity Biosciences in a deal that values it at US$12 billion, according to the Swiss drugmaker. Novartis will pay US$72 a share in cash,…
Hong Kong stock ETFs get record China money on AI, biotech craze
Mainland retail traders are being lured by the outperformance of the city’s equities, combined with their accessibility and abundance of new products to choose from Hot themes from…
Novartis to buy US biotech Tourmaline Bio for US$1.4 billion
Novartis agreed to buy Tourmaline Bio in a deal valued at about US$1.4 billion as the Swiss drugmaker continues to pursue bolt-on deals to boost its drug pipeline. The Swiss drugmaker will…
Neuralink’s Bid to Trademark ‘Telepathy’ and ‘Telekinesis’ Faces Legal Issues
The United States Patent and Trademark Office has rejected Neuralink’s attempt to trademark the product names Telepathy and Telekinesis, citing pending applications by another person for…
Biotech company Amgen set to build $600-million research center in Thousand Oaks
Biotech company Amgen is investing $600 million into a new research center for its Thousand Oaks campus. The new site will create hundreds of jobs and feature advanced automation and…
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup Mirxes on Monday (Aug 25) posted a net loss of US$28.4…
Biotech Beauty Company Debut Raises $20 Million
Biotech beauty company Debut has secured $20 million in investment to enhance its AI-driven ingredient discovery platform and expand its formulation business in Asia. The San Diego-based…
Australian biotech giant CSL to spin off vaccine unit Seqirus, cut 15% of workforce
While the Melbourne-based company employs around 32,000 people, no firm number was put on the job cuts Australian biotech giant CSL said that it will spin off its Seqirus vaccine…
China’s biotech moment ignites a 60% stock rally that beats AI
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping further gains. The Hang Seng Biotech Index has…
Congress Demands Answers on Data Privacy Ahead of 23andMe Sale
US Representatives Alexandria Ocasio-Cortez and Jan Schakowsky on Thursday sent letters to the two potential buyers of troubled genetic testing firm 23andMe demanding details about…
Merck held talks to buy biotech MoonLake for over US$3 billion: FT
K has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than US$3 billion, the Financial Times reported on Monday, citing three people familiar with the…
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and existing investors. This includes “significant…
LA Biotech Investor Convicted in Murder-for-Hire Plot of Vermont Partner Who Threatened to Report Him to Authorities Over Fraud
A federal jury has convicted the accused mastermind behind a murder-for-hire plot of all charges brought against him in the 2018 killing in Vermont of a former business partner. The…
Bold red lipstick gets its color from crushed bugs. This biotech startup made a version that’s insect-free
The intense red color of classic lipstick traditionally comes from an unlikely source: crushed bugs that live on cactus plants in South America. It takes tens of thousands of the ground-up…
GSK to buy US cancer biotech IDRx for up to US$1.15 billion
GSK agreed to buy US biotech IDRx for as much as US$1.15 billion to gain new cancer medicines. The UK drugmaker will pay US$1 billion upfront for IDRx, whose lead drug for gastrointestinal…
Johnson & Johnson is in talks to buy US$10 billion biotech Intra-Cellular
JOHNSON & Johnson (J&J) is in talks to acquire Intra-Cellular Therapies, a biopharmaceutical company focused on treatments for central nervous system disorders, sources familiar with the…
3 startups look to raise $400 mn as US biotech IPOs gain traction
While the IPO market has recovered from the lows of last year, investors continue to support companies with an established business model. | Photo: Shutterstock 2 min read Last Updated :…
Bharat Biotech signs MoU with SAHE to rejevenuate stepwells at Ammapalli
Stepwells, once vital sources of water in rural and urban areas, are great examples of ancient engineering. Image: Shutterstock 3 min read Last Updated : Sep 28 2024 | 2:58 PM IST The…