#biotech

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#layoffs
fromSFGATE
1 month ago
NYC startup

Bay Area biotech company, once worth $1.2 billion, lays off almost entire staff

Cargo Therapeutics is laying off nearly all its employees after ceasing drug development due to trial failures, marking a major decline for the biotech firm.
fromBoston.com
1 week ago
Startup companies

Mass. biotech company cuts 90% of workforce

Mural Oncology is laying off 90% of its workforce after failed clinical trials, signaling struggles in the biotech sector.
fromSFGATE
2 months ago
Medicine

Bay Area biotech firm guts staff, shuts trial after dangerous side effects

Cargo Therapeutics halts a clinical trial and lays off half its workforce due to poor results and the need to conserve cash.
fromSFGATE
3 months ago
Medicine

Bay Area biotech firm once worth $13B lays off all but 15 workers

Allakos announces failure of pivotal clinical trial for chronic hives drug AK006, resulting in a 75% staff layoff.
fromSFGATE
2 months ago
Business

Calif. biotech company once worth $476M lays off every remaining employee

Viracta Therapeutics has ceased operations and laid off all employees after failing to secure funding and ultimately shut down its drug development program.
fromSFGATE
1 month ago
Silicon Valley

Bay Area biotech company lays off staff over sudden Trump administration order

Robert F. Kennedy Jr.'s role as Secretary of Health and Human Services is triggering layoffs in the Bay Area biotech sector due to regulatory changes.
fromSFGATE
1 month ago
NYC startup

Bay Area biotech company, once worth $1.2 billion, lays off almost entire staff

Cargo Therapeutics is laying off nearly all its employees after ceasing drug development due to trial failures, marking a major decline for the biotech firm.
fromBoston.com
1 week ago
Startup companies

Mass. biotech company cuts 90% of workforce

Mural Oncology is laying off 90% of its workforce after failed clinical trials, signaling struggles in the biotech sector.
fromSFGATE
2 months ago
Medicine

Bay Area biotech firm guts staff, shuts trial after dangerous side effects

Cargo Therapeutics halts a clinical trial and lays off half its workforce due to poor results and the need to conserve cash.
fromSFGATE
3 months ago
Medicine

Bay Area biotech firm once worth $13B lays off all but 15 workers

Allakos announces failure of pivotal clinical trial for chronic hives drug AK006, resulting in a 75% staff layoff.
fromSFGATE
2 months ago
Business

Calif. biotech company once worth $476M lays off every remaining employee

Viracta Therapeutics has ceased operations and laid off all employees after failing to secure funding and ultimately shut down its drug development program.
fromSFGATE
1 month ago
Silicon Valley

Bay Area biotech company lays off staff over sudden Trump administration order

Robert F. Kennedy Jr.'s role as Secretary of Health and Human Services is triggering layoffs in the Bay Area biotech sector due to regulatory changes.
more#layoffs
#23andme
US news
fromwww.npr.org
1 month ago

23andMe is filing for bankruptcy. Here's what it means for your genetic data

23andMe has filed for bankruptcy amidst financial struggles and concerns over user data privacy.
NYC startup
fromSFGATE
1 month ago

Bay Area tech CEO resigns to bid for own flailing company

23andMe declared bankruptcy in Missouri court, reflecting its financial turmoil and struggles to maintain operations after a major data breach.
Health
fromNature
3 months ago

What went wrong at 23andMe? Why the genetic-data giant risks collapse

23andMe faces severe struggles, raising concerns about consumer genetic data and the future of the industry.
fromBusiness Insider
1 week ago
EU data protection

These are the 10 questions Congress has for 23andMe amid its bankruptcy sale

Congress investigates 23andMe's bankruptcy due to privacy concerns regarding user data.
23andMe seeks a buyer, ensuring compliance with privacy policies during the sale.
US news
fromwww.npr.org
1 month ago

23andMe is filing for bankruptcy. Here's what it means for your genetic data

23andMe has filed for bankruptcy amidst financial struggles and concerns over user data privacy.
NYC startup
fromSFGATE
1 month ago

Bay Area tech CEO resigns to bid for own flailing company

23andMe declared bankruptcy in Missouri court, reflecting its financial turmoil and struggles to maintain operations after a major data breach.
Health
fromNature
3 months ago

What went wrong at 23andMe? Why the genetic-data giant risks collapse

23andMe faces severe struggles, raising concerns about consumer genetic data and the future of the industry.
fromBusiness Insider
1 week ago
EU data protection

These are the 10 questions Congress has for 23andMe amid its bankruptcy sale

Congress investigates 23andMe's bankruptcy due to privacy concerns regarding user data.
23andMe seeks a buyer, ensuring compliance with privacy policies during the sale.
more#23andme
#fda
fromFast Company
4 weeks ago
Marketing tech

Vaccine stocks tumble: Moderna, Novavax, Pfizer fall after top FDA official resigns over RFK Jr. anti-vax views

Stocks of major vaccine companies fell after FDA official Dr. Peter Marks resigned amidst conflicts with HHS Secretary RFK Jr. over vaccine misinformation.
fromBusiness Matters
1 week ago
OMG science

Details Matter: The Life and Work of Donna Matuizek

Donna Matuizek's meticulous attention to detail has greatly influenced the safety and reliability of biotech products over her 30-year career.
fromFast Company
4 weeks ago
Marketing tech

Vaccine stocks tumble: Moderna, Novavax, Pfizer fall after top FDA official resigns over RFK Jr. anti-vax views

Stocks of major vaccine companies fell after FDA official Dr. Peter Marks resigned amidst conflicts with HHS Secretary RFK Jr. over vaccine misinformation.
fromBusiness Matters
1 week ago
OMG science

Details Matter: The Life and Work of Donna Matuizek

Donna Matuizek's meticulous attention to detail has greatly influenced the safety and reliability of biotech products over her 30-year career.
more#fda
#clinical-trials
fromSFGATE
3 months ago
Miscellaneous

Bay Area biotech firm once worth billions guts staff with 73% layoff

IGM Biosciences lays off 73% of staff due to poor clinical study results and aims to preserve cash amid ongoing research challenges.
fromSFGATE
2 weeks ago
Startup companies

SF biotech company, once worth nearly $1 billion, plans to shut down

Third Harmonic Bio is shutting down and liquidating after laying off half its staff, with plans for asset distribution to stockholders.
fromsiliconvalleyjournals.com
4 months ago
Medicine

HERVolution Therapeutics Raises $11.7M Series A to Advance Dark Genome-Based Immunotherapies for Cancer and Aging

HERVolution secures $11.7 million Series A funding to advance HERV-targeting immunotherapies.
fromSFGATE
3 months ago
Miscellaneous

Bay Area biotech firm once worth billions guts staff with 73% layoff

IGM Biosciences lays off 73% of staff due to poor clinical study results and aims to preserve cash amid ongoing research challenges.
fromSFGATE
2 weeks ago
Startup companies

SF biotech company, once worth nearly $1 billion, plans to shut down

Third Harmonic Bio is shutting down and liquidating after laying off half its staff, with plans for asset distribution to stockholders.
fromsiliconvalleyjournals.com
4 months ago
Medicine

HERVolution Therapeutics Raises $11.7M Series A to Advance Dark Genome-Based Immunotherapies for Cancer and Aging

HERVolution secures $11.7 million Series A funding to advance HERV-targeting immunotherapies.
more#clinical-trials
#funding
Venture
fromTechCrunch
2 months ago

NIH funding uncertainty spurs new biotech venture fund | TechCrunch

The Trump administration's funding restrictions could limit grants to biotech startups, prompting the launch of a new pre-seed venture fund.
Miscellaneous
fromTNW | Ecosystems
3 months ago

Verdiva launches with $410M for weight loss drugs to challenge Ozempic, Wegovy

Verdiva has raised $410 million to develop oral drugs for obesity, challenging established players by addressing unmet medical needs in weight loss.
fromTechCrunch
6 months ago
OMG science

French biotech Generare speeds up hunt for new drugs by cloning natural molecules | TechCrunch

Generare raised €5 million to enhance its scalable methods for discovering natural compounds for drug development.
fromTNW | Ecosystems
3 weeks ago
London startup

Mews leads top 10 funding rounds in rough quarter for Dutch tech

Mews raised the largest funding round in Dutch tech in Q1 2025 despite a challenging market.
fromSilicon Canals
8 months ago
European startups

Finnish biotech firm NADMED raises 3.5M in Series A round

NADMED secures €3.5 million in funding to expand its health diagnostics technology, focused on measuring crucial metabolites associated with age-related diseases.
Venture
fromTechCrunch
2 months ago

NIH funding uncertainty spurs new biotech venture fund | TechCrunch

The Trump administration's funding restrictions could limit grants to biotech startups, prompting the launch of a new pre-seed venture fund.
Miscellaneous
fromTNW | Ecosystems
3 months ago

Verdiva launches with $410M for weight loss drugs to challenge Ozempic, Wegovy

Verdiva has raised $410 million to develop oral drugs for obesity, challenging established players by addressing unmet medical needs in weight loss.
fromTechCrunch
6 months ago
OMG science

French biotech Generare speeds up hunt for new drugs by cloning natural molecules | TechCrunch

Generare raised €5 million to enhance its scalable methods for discovering natural compounds for drug development.
fromTNW | Ecosystems
3 weeks ago
London startup

Mews leads top 10 funding rounds in rough quarter for Dutch tech

Mews raised the largest funding round in Dutch tech in Q1 2025 despite a challenging market.
fromSilicon Canals
8 months ago
European startups

Finnish biotech firm NADMED raises 3.5M in Series A round

NADMED secures €3.5 million in funding to expand its health diagnostics technology, focused on measuring crucial metabolites associated with age-related diseases.
more#funding
#venture-capital
fromSilicon Canals
3 weeks ago
OMG science

Luxembourg's Exobiosphere raises 2M to accelerate drug discovery in space; here's why and how - Silicon Canals

Exobiosphere raises €2M seed funding for space-based drug discovery research using autonomous lab automation.
fromSilicon Canals
4 months ago
European startups

Amsterdam's 819 Capital Partners acquires Dutch biotech startup CiMaas

819 Capital Partners acquires CiMaas to enhance development of Natural Killer cell therapies for cancer treatments post-bankruptcy.
fromSilicon Canals
3 weeks ago
OMG science

Luxembourg's Exobiosphere raises 2M to accelerate drug discovery in space; here's why and how - Silicon Canals

Exobiosphere raises €2M seed funding for space-based drug discovery research using autonomous lab automation.
fromSilicon Canals
4 months ago
European startups

Amsterdam's 819 Capital Partners acquires Dutch biotech startup CiMaas

819 Capital Partners acquires CiMaas to enhance development of Natural Killer cell therapies for cancer treatments post-bankruptcy.
more#venture-capital
Startup companies
fromBoston.com
1 month ago

Unleased lab space. Plunging valuations. Layoffs. In Massachusetts, the biotech slump is taking its toll.

The biotech sector faces significant challenges in 2023, undermining hopes for a rebound despite scientific advancements and interest rate drops.
fromwww.theguardian.com
1 month ago
European startups

AstraZeneca to invest $2.5bn in drugs research and manfacturing in Beijing

AstraZeneca invests $2.5 billion in Beijing to bolster research, moving past recent controversies while collaborating with local biotech firms.
Startup companies
from24/7 Wall St.
1 month ago

Billionaire Healthcare Investor Alex Denner's Hedge Fund Has 75% of Its Assets in These 3 Stocks

Alex Denner's Sarissa Capital Management holds eight stocks, with three making up 75% of its portfolio.
fromSilicon Canals
1 month ago

Amsterdam's biotech firm Photanol files for bankruptcy

Photanol BV has filed for bankruptcy due to financing challenges, halting its promising CO2-to-chemical technology.
NYC startup
#gene-editing
Venture
fromSFGATE
2 months ago

Bay Area biotech company that raised $66 million shuts down

Spotlight Therapeutics has closed down due to inadequate research outcomes and ongoing financial challenges.
fromSilicon Canals
4 months ago
Medicine

Leiden-based biotech company ProQR bags 7.7M

ProQR Therapeutics secures $8.1 million to advance RNA therapies for Rett syndrome, focusing on MECP2 gene mutations.
The Axiomer platform enables precise RNA edits, offering hope for treating genetic disorders.
Venture
fromSFGATE
2 months ago

Bay Area biotech company that raised $66 million shuts down

Spotlight Therapeutics has closed down due to inadequate research outcomes and ongoing financial challenges.
fromSilicon Canals
4 months ago
Medicine

Leiden-based biotech company ProQR bags 7.7M

ProQR Therapeutics secures $8.1 million to advance RNA therapies for Rett syndrome, focusing on MECP2 gene mutations.
The Axiomer platform enables precise RNA edits, offering hope for treating genetic disorders.
more#gene-editing
fromwww.theguardian.com
3 months ago
Health

Skinny jabs' are turning slimmers teetotal and drinks companies are feeling the loss

Weight loss medications like Wegovy significantly reduce alcohol cravings, impacting consumer behavior.
The rise of weight loss drugs could threaten the beverage sector, especially alcohol companies.
fromSFGATE
3 months ago
Miscellaneous

Bay Area biotech firm once worth $2.3 billion lays off 40% of staff

CytomX Therapeutics is laying off 40% of its staff to focus on clinical programs and improve financial flexibility.
#stock-market
from24/7 Wall St.
6 months ago
Business

Warren Buffett Back for More, Plus Big Insider Buying at Biotechs Too

Insider buying signals confidence in stock performance, especially during uncertain market conditions.
Berkshire Hathaway continues to show strong investment activity in key sectors, such as media and biotech.
from24/7 Wall St.
4 months ago
Business

Eli Lilly (LLY) Stock Price Prediction and Forecast 2025-2030

Eli Lilly's stock has risen dramatically, but future estimates depend on revenue projections and strategic partnerships.
from24/7 Wall St.
6 months ago
Business

Warren Buffett Back for More, Plus Big Insider Buying at Biotechs Too

Insider buying signals confidence in stock performance, especially during uncertain market conditions.
Berkshire Hathaway continues to show strong investment activity in key sectors, such as media and biotech.
from24/7 Wall St.
4 months ago
Business

Eli Lilly (LLY) Stock Price Prediction and Forecast 2025-2030

Eli Lilly's stock has risen dramatically, but future estimates depend on revenue projections and strategic partnerships.
more#stock-market
#ai-in-healthcare
Artificial intelligence
fromTechCrunch
7 months ago

Heart disease is the world's biggest killer - this Cambridge Uni spinout is using AI to find new treatments | TechCrunch

AI is transforming drug discovery, particularly for cardiovascular diseases.
CardiaTec raised $6.5 million to enhance cardiovascular disease treatments through AI.
CVDs cause 17.9 million deaths annually, highlighting a major health crisis.
fromTechCrunch
5 months ago
Artificial intelligence

Biolevate's raises 6M to helps medical writers keep up with the pace of new drugs | TechCrunch

Biolevate's platform uses AI to enhance the efficiency of medical document writing, addressing a significant lag in the biotech sector.
Artificial intelligence
fromTechCrunch
7 months ago

Heart disease is the world's biggest killer - this Cambridge Uni spinout is using AI to find new treatments | TechCrunch

AI is transforming drug discovery, particularly for cardiovascular diseases.
CardiaTec raised $6.5 million to enhance cardiovascular disease treatments through AI.
CVDs cause 17.9 million deaths annually, highlighting a major health crisis.
fromTechCrunch
5 months ago
Artificial intelligence

Biolevate's raises 6M to helps medical writers keep up with the pace of new drugs | TechCrunch

Biolevate's platform uses AI to enhance the efficiency of medical document writing, addressing a significant lag in the biotech sector.
more#ai-in-healthcare
Miscellaneous
fromBusiness Insider
5 months ago

Everything to know about Vivek Ramaswamy, co-lead of the Department of Government Efficiency with Elon Musk

Vivek Ramaswamy's transition from a failed presidential bid to a key position in Trump's government highlights his rapid ascent in political influence.
#ai
Artificial intelligence
fromTechCrunch
6 months ago

'Where we are today in biology AI is similar to GPT in 2020': An interview with the CEO of Africa's biggest AI startup | TechCrunch

Instadeep has advanced its AI capabilities significantly while aligning with BioNTech's therapeutic goals post-acquisition.
fromTechCrunch
6 months ago
Miscellaneous

Archon emerges from stealth with $20M and 'antibody cages' to power up drug development | TechCrunch

Archon Biosciences aims to revolutionize antibody treatments through innovative protein 'cages' that improve drug binding and efficacy.
Artificial intelligence
fromTechCrunch
6 months ago

'Where we are today in biology AI is similar to GPT in 2020': An interview with the CEO of Africa's biggest AI startup | TechCrunch

Instadeep has advanced its AI capabilities significantly while aligning with BioNTech's therapeutic goals post-acquisition.
fromTechCrunch
6 months ago
Miscellaneous

Archon emerges from stealth with $20M and 'antibody cages' to power up drug development | TechCrunch

Archon Biosciences aims to revolutionize antibody treatments through innovative protein 'cages' that improve drug binding and efficacy.
more#ai
from24/7 Wall St.
6 months ago
Business

Prediction: This Will Be the Best-Performing Growth Stock Over the Next 5 Years

Investors are shifting focus to growth stocks as interest rates decline, with a mix of established companies and biotech options leading the pack.
fromSilicon Canals
7 months ago
Medicine

Lyon-based Brenus Pharma secures 22.2M to advance cancer vaccine trials: Here's how - Silicon Canals

Brenus Pharma secures €22.2M Series A funding to advance cancer vaccine development, targeting metastatic colorectal cancer and expanding into other gastric tumors.
from24/7 Wall St.
7 months ago
Business

3 Penny Stocks To Buy With Just $50

Investing in penny stocks can yield high returns, but risks must be carefully managed.
OMG science
fromFast Company
10 months ago

How gene-therapy treated mice in space may help shape the science of vision loss diseases

Biotech Oculogenex received FDA endorsement for therapy in treating eye-wasting disease.
OMG science
fromTechCrunch
10 months ago

Enveda raises $55M to combine ancient remedies with AI for drug discovery | TechCrunch

Modern pharmaceuticals have roots in natural remedies used by ancestors.
AI can expedite the process of discovering new medicines from nature.
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