Top news of the week: 14.07.2020.

Biotechnology, Malaria, Immunohistochemistry, Allergy, Capital punishment, Dot-com bubble

Startups

On Jul 10, 2020
@ForbesTech shared
This startup might finally cure sickle cell disease—After a century of racist neglect https://t.co/rqRSm9SQly By @katiedjennings https://t.co/IqUtmfpbH7
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This Startup Might Finally Cure Sickle Cell Disease—After A Century Of Racist Neglect

This Startup Might Finally Cure Sickle Cell Disease—After A Century Of Racist Neglect

The painful blood disorder, which mostly affects Black people, is just one of thousands of rare diseases that could be cured by Beam Therapeutics' revolutionary gene editing technology.

On Jul 9, 2020
@BiotechWorld shared
Sanofi pays $150M upfront, $2B in biobucks to tap protein degrader biotech Kymera https://t.co/G8Kc3YxVzm https://t.co/Fxuj3yOuA0
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Sanofi pays $150M upfront, $2B in biobucks to tap protein degrader biotech Kymera

Sanofi pays $150M upfront, $2B in biobucks to tap protein degrader biotech Kymera

While Sanofi is looking to move more of its R&D in-house, there is still room for deals, and today it’s penned a big one with Fierce 15 winner Kymera Therapeutics.

On Jul 8, 2020
@BIOConvention shared
RT @IAmBiotech: #COVID19 “has driven the public eye onto what the biotech industry does, which is change the dynamic of a disease,” BIO Chairman and @OvidRx CEO @jmaxlevin said in @USATODAY. https://t.co/BJZfggYd3v https://t.co/pBUHSPsl5Z
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Could a coronavirus vaccine rehab the pharmaceutical industry's reputation despite drug price increases?

Could a coronavirus vaccine rehab the pharmaceutical industry's reputation despite drug price increases?

After years of criticism for price increases, the drug industry hopes to go from villain to hero with a vaccine to end the COVID-19 pandemic.

On Jul 8, 2020
@Xconomy shared
The #XceleratingLS #XconSD special report recaps event highlights such as innovation and the maturing ecosystem, what it takes for commercialization, and the investment paradigm shift: https://t.co/uL9SHmkhfC https://t.co/4vy4FBspWc
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On Jul 9, 2020
@businessinsider shared
A biotech investor reportedly made $255 million in just 4 weeks on Novavax's 120% surge https://t.co/7ICjcSufz7
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A biotech investor reportedly made $255 million in just 4 weeks on Novavax's 120% surge (NVAX)

A biotech investor reportedly made $255 million in just 4 weeks on Novavax's 120% surge (NVAX)

RA Capital Management, a small biotech investment firm, has made $255 million in paper profits in less than four weeks from a bet on Novavax, Th...

On Jul 9, 2020
@FierceBiotech shared
Forbion has followed fellow European VCs Medicxi and Sofinnova Partners in expanding beyond early-stage investing. https://t.co/w5QWoT85cr
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Forbion moves into late-stage investing with $210M fund

Forbion moves into late-stage investing with $210M fund

Forbion has expanded into late-stage biotech investing by holding the first close of a planned €250 million ($284 million) fund. The growth fund, which received money from Eil Lilly, will ...

On Jul 8, 2020
@WSJVC shared
VelosBio Inc., which just raised $137 million in Series B financing, is led by Dave Johnson, who previously led biotech startup Acerta Pharma to a merger with AstraZeneca https://t.co/gZkM1L9e6A
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VelosBio Raises $137 Million Series B Round for Cancer Drug Development

VelosBio Raises $137 Million Series B Round for Cancer Drug Development

VelosBio Chief Executive David Johnson previously led venture-backed Acerta Pharma BV, a Netherlands–based company with U.S. headquarters in California. U.K.-based drugmaker AstraZeneca ...

On Jul 10, 2020
@BiotechWorld shared
Harbour BioMed nabs meaty C round as cancer, COVID-19 work draws investors https://t.co/WlT1xLRS1Y https://t.co/rJLe0GoA1a
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Harbour BioMed nabs meaty C round as cancer, COVID-19 work draws investors

Harbour BioMed nabs meaty C round as cancer, COVID-19 work draws investors

Just a few months after a series B-plus worth $75 million, U.S.-China biotech Harbour BioMed has nabbed a major $102.8 million series C, with an IPO surely not far behind.