Top news of the week: 10.05.2022.
Startups
AI 50 Methodology: How We Selected Our Honorees
More than 400 companies were considered for this year’s list. Finalists were selected based on their use of AI-enabled technology, business models and financials.
Clay Siegall, founding Seagen CEO, takes leave amid domestic violence accusation
The company's board is investigating the allegation, which Siegall, who has led Seattle's largest biotech for 24 years, denied. Chief Medical Officer Roger Dansey, a former Merck & Co. ...
Japan's Opn raises $120 million, becomes rare unicorn
Digital payments processor Opn, formerly known as Synqa, said it had raised $120 million in a Series C+ funding round, becoming a rare unicorn, or startup worth more than $1 billion, in ...
Moderna vaccine sales surpass expectations as company looks to fall boosters
The trajectory of COVID-19 vaccine sales is now harder to predict amid questions about the rollout of additional doses and whether purchasing in the U.S. might shift from the federal ...
The Human Genome: Finished with High Fidelity
Jonas Korlach, PacBio CSO and co-inventor of its revolutionary single-molecule real-time sequencing technology, discusses the development of PacBio and HiFi sequencing and the long-awaited ...
The Reckoning: What Happens to Digital Health After COVID?
By JEFF GOLDSMITH and ERIC LARSEN It has been a rough year so far for digital health. After an astonishing $45 billion poured into new digital health companies in 2020 and 2021, and an ...
Novartis suspends production of two radiopharmaceutical drugs over quality concerns
Due to potential issues in manufacturing, the pharma is halting deliveries of two cancer drugs, Lutathera and Pluvicto, in the U.S. and Canada, a setback for a business in which the company ...
MassBio® Is Pleased to Announce a New Partnership with Morgan Stanley, Providing Even More Services and Value to Its Members
May 4, 2022 (CAMBRIDGE, MA) – The Massachusetts Biotechnology Council (MassBio®) today announced that Morgan Stanley, the global financial services company, has joined its EdgeBenefits ...