• Google Ventures has $1 Billion to Spend, Eyes Biotech

    Sep 21, 2012, 09:00 AM by Michael Croft
    CNBC | Google Ventures is planning $1 billion of start-up investment in the next five years and it has its eye on biotech.
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  • MyoKardia Gains Venture Funds to Investigate Drugs for Genetic Heart Defects

    Sep 21, 2012, 09:00 AM by Michael Croft
    Xconomy | Third Rock Ventures is investing $38 million in a startup that is targeting the genetic causes of heart problems. MyoKardia will set up shop in San Francisco.
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  • Novartis Takes $665m Bid for Selexys

    Sep 21, 2012, 08:00 AM by Michael Croft
    Tulsa World | In addition to $23 million of Series A financing, Selexys Pharmaceuticals Corp. of Oklahoma City has struck an agreement with Novartis that could lead to the company's acquisition for up to $665 million for its sickle cell treatment.
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  • Microfluidics, NGS, and Personalized Cosmetics

    Sep 21, 2012, 07:00 AM by Michael Croft
    Bio-IT World Video | Bio-IT World Editor Kevin Davies speaks with Dave Weitz, professor of physics at Harvard and speaker at the upcoming Consumer Genomics Conference, about his research on microfluidics, which has applications in everything from next-gen sequencing technology to personalized cosmetics.
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  • Foundation Medicine Announces $42.5m in Series B Financing

    Sep 20, 2012, 11:00 AM by Michael Croft
    Boston Globe |  Foundation Medicine announced a $42.5 million Series B financing round this morning thanks to Deerfield Management Company, L.P., Casdin Capital, Redmile Group and strategic investors Roche Venture Fund and WuXi Corporate Venture Fund.
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  • New Pharma Collaboration Focuses on Clinical Standards

    Sep 20, 2012, 05:20 AM by Michael Croft
    Bio-IT World | A new big pharma collaboration has been launched to identify and solve common drug development challenges, starting with clinical study execution. TransCelerate BioPharma was created by ten companies—Abbott, AstraZeneca, Boehringer Ingelheim, Bristol-Myers Squibb, Eli Lilly, GlaxoSmithKline, Johnson & Johnson, Pfizer, Genentech (a member of the Roche Group), and Sanofi—all of which have pooled financial, personnel, and other resources to solve industry-wide challenges in a collaborative environment. 
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  • Illumina Acquires Cytogenetics Company BlueGnome

    Sep 19, 2012, 12:25 PM by Michael Croft
    BlueGnome | Illumina today announced that it will acquire UK company BlueGnome, a cytogenetics company that looks at the structure and function of cells for genetic abnormalities. 
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  • The Genomics Guinea Pigs

    Sep 19, 2012, 10:45 AM by Michael Croft
    NPR | The researchers who are serving as genomics guinea pigs are also working through how we should process the information the genome reveals.
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  • Genomic Applications for All

    Sep 18, 2012, 12:40 PM by Michael Croft
    23andMe | 23andMe has released their API to allow developers to design new applications and tools for the 23andMe community accessing 23andMe data.
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  • Firms Charge Fiduciary Breach in BGI-Complete Merger

    Sep 18, 2012, 12:25 PM by Michael Croft
    Bio-IT World | The announcement on Monday that Complete Genomics will be acquired by BGI for $117.6 million has left many surprised and dismayed. A slew of firms have announced investigations of the Complete Genomics Board of Directors contending that the $3.15/share price may not be "fair". 
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  • Biotech Making Friends with Twitter

    Sep 18, 2012, 09:45 AM by Michael Croft
    Xconomy | Biotech comes into its own on Twitter. Luke Timmerman of Xconomy discusses the advantages for the industry.
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  • Craigslist Helps Reveal Flu Antibody

    Sep 17, 2012, 16:00 PM by Michael Croft
    UT San Diego | Researchers from the Scripps Research Institute in La Jolla and Sea Lane Biotechnologies have identified an antibody that protects cells from the influenza virus with the help of Craigslist donors.
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  • Pharma Turns to Second Generation Emerging Markets

    Sep 17, 2012, 10:15 AM by Michael Croft
    GlobalData | Sanofi is looking past the BRIC countries--Brazil, Russia, India, China--at other emerging markets, singling out Columbia, Indonesia, and Vietnam for future growth. 
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  • Sequencing Giants BGI and Complete Genomics Announce Merger Agreement

    Sep 17, 2012, 07:50 AM by Michael Croft
    Bio-IT World | In a stunning move for the genomics industry, two leading DNA sequencing service providers – China’s BGI and Complete Genomics – have entered into a definitive merger agreement valued at $117 million.  
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  • Panasas Launches Combo Flash Storage

    Sep 17, 2012, 06:00 AM by Michael Croft
    Bio-IT World | Panasas today announced an update to its parallel storage system: ActiveStor 14, the first product in the industry to use flash memory and an intelligent storage layout for mixed workloads, Geoffrey Noer, senior director of product marketing, tells Bio-IT World.  
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  • Supercomputing the Resistome

    Sep 14, 2012, 10:20 AM by Michael Croft
    TACC | Nobel laureate Bruce Beutler is using the supercomputing resources at  the Texas Advanced Computing Center (TACC) at The University of Texas at Austin to sequence the exomes of 8,000 mice in order to identify the mammalian "resistome".
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  • PerkinElmer Acquires R&D Rights to TIBCO Software

    Sep 14, 2012, 10:00 AM by Michael Croft
    Boston Globe | PerkinElmer has acquired exclusive rights to TIBCO Software's data analysis software in scientific research and development markets. 
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  • Sequencing Studies Take on Lung Cancer

    Sep 14, 2012, 07:00 AM by Michael Croft
    Nature News | Three sequencing studies published this week take on lung cancer, laying the groundwork for more effective personalized treatment. The studies looked at a combined 361 patients with different types of lung cancers and an additional 17 tumors.
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  • Boehringer Ingelheim Launches Pharma Facebook Game

    Sep 13, 2012, 16:30 PM by Michael Croft
    PSFK | Boehringer Ingelheim has developed a Facebook game called Syrum. The health of the world is in the user's hands, and players can collaborate with others to save it.
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  • Clouds, Supercomputing Shine at Bio-IT World Cloud Summit

    Sep 13, 2012, 13:00 PM by Michael Croft
    Bio-IT World | SAN FRANCISCO—A variety of cloud computing and supercomputing resources and applications shone brightly at the Bio-IT World Cloud Summit* in San Francisco this week.  
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