A German pharmaceutical company has partnered with Barry Butler, a veteran of the ophthalmic industry, to create Betaliq Inc., a Tampa biotechnology company focused on developing treatments for glaucoma. Betaliq raised $6 million in an equity offering in the past month, a filing with the U.S. Securities and Exchange Commission said. The funding round is still open and additional investors are coming in, said Butler, who is Betaliq CEO. Betaliq plans to use the capital to fund the company and to ...
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Madison Logic, the leading global account-based marketing (ABM) platform, today announced that Ovum, a market-leading data, research and consulting business headquartered in the U.K., named Madison Logic a “Leader” in the Ovum Market Radar: Account-Based Marketing report. Ovum recognized Madison Logic as one of the “only companies able to support the entire ABM lifecycle, combined with CRM, marketing automation and content management systems” — citing its ability to...
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A team of physicians and computer scientists at the University of California has shown that it is easy to modify medical test results remotely by attacking the connection between hospital laboratory devices and medical record systems. These types of attacks might be more likely used against high-profile targets, such as heads of state and celebrities, than against the general public. But they could also be used by a nation-state to cripple the United States' medical infrastructure. The resea...
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Chinese biotech WuXi AppTec has completed its listing on Hong Kong’s HKEX, raising $967m just months after making its debut on the Shanghai exchange. The company which provides contract research, development, and manufacturing services to pharma, medical device and biotech firms – said the new proceeds would be used to expand its global presence, which could include acquiring smaller outsourcing companies. It has driven the value of the company up above the $10 billion marks.
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Researchers have modified the protein Nurr1 so that it can enter cells from the outside. Nurr1 deficiency may be one of the causes of Parkinson’s disease. Even though Nurr1 has been discussed as a potential target for the treatment of Parkinson’s disease, it is unusable in its normal form, as it cannot penetrate cells. A team from Ruhr-Universität Bochum and the US-American National Institutes of Health (NIH) deployed a bacterial import signal in order to deliver Nurr1 into cell...
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As the U.S. looks to maintain its global leadership in biopharmaceutical research and development, three new reports point to an increasingly competitive global environment—one that requires a thorough assessment of our current public policies, including our investments in science, technology, engineering and mathematics (STEM)-based initiatives at the state and national levels given the growing efforts of other countries to compete for the high-wage jobs and robust economic contributions of inn...
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