Top news of the week: 23.06.2021.
Startups
This Biotech Startup Just Raised $255 Million To Make Its AI-Designed Drug A Reality
Insilico Medicine aims to use its new cash infusion to take its first drug, a treatment for idiopathic pulmonary fibrosis, into clinical trials.
23andMe’s Anne Wojcicki Becomes Newest Self-Made Billionaire After SPAC Deal With Sir Richard Branson
Genetic testing company 23andMe went public today in an SPAC deal with U.K. tycoon Branson’s VG Acquisition Corp.
CureVac's COVID-19 shot just failed in a large trial, a major setback for the Gates-backed biotech
CureVac's stock tanked after the announcement. The German biotech blamed variants in a press release.
TRexBio has Jurassic day picking up ex-Lilly VP as CEO, snagging Big Pharma funding
TRexBio is far from extinction as the discovery-stage biotech refuels with a new CEO and CMO and picks up Big Pharma backers.
Pear Therapeutics to go public in $1.6 billion SPAC deal to treat diseases with software
Founded in 2013 in Boston and San Francisco, Pear has emerged as a leader in prescription digital therapeutics, a new class of medicines that use software to treat disease.
Thiel-backed psychedelics startup Atai valued at $3.19 bln in Nasdaq debut
Shares of Atai Life Sciences B.V. (ATAI.O), backed by billionaire investor Peter Thiel, surged 40% in their U.S. stock market debut on Friday, giving the German psychedelics startup a ...
Blackstone to invest $250M in cell therapy startup backed by Intellia, Cellex
The new company aims to pair Intellia's CRISPR gene editing technology with a CAR-T cell therapy platform built by Cellex subsidiary GEMoaB.
Paying It Forward: Former Intern Building Own Talent Pipeline at Ginkgo Bioworks
Ginkgo Bioworks is a homegrown Boston-based biotechnology company. The “Organism Company” uses their engineered high throughput automation platform to design custom organisms to impact all ...