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Roche to Acquire Carmot Therapeutics in a $3.1 Billion Deal

Roche to Acquire Carmot Therapeutics in a $3.1 Billion Deal

Roche to acquire Carmot Therapeutics for $3.1B, gaining access to innovative obesity and diabetes treatments. The deal includes clinical-stage assets with potential for standalone and combination therapies. Expected to close in Q1 2024, pending regulatory approval.
Pharmaceuticals
Medical Tech
Muhammad 2 min read Dec 5, 2023
Samsung Biologics and VC Firm Kurma Partners Announce Biologics Manufacturing Partnership for Kurma's Portfolio Companies

Samsung Biologics and VC Firm Kurma Partners Announce Biologics Manufacturing Partnership for Kurma's Portfolio Companies

Samsung Biologics & Kurma Partners team up for biologics development & manufacturing, empowering startups in Kurma's portfolio with tailored CMC services & global expertise. A strategic partnership driving biopharmaceutical innovation.
Medical Tech
Pharmaceuticals
Muhammad 2 min read Oct 24, 2023
Edesa Biotech Secures C$23 Million Canadian Govt. Funding to Accelerate Breakthrough Immune Treatment

Edesa Biotech Secures C$23 Million Canadian Govt. Funding to Accelerate Breakthrough Immune Treatment

Edesa Biotech secures C$23 million in government funding for Phase 3 clinical study of EB05, a pioneering immune therapy, as announced in their press release. The funding reinforces their commitment to advancing healthcare innovation.
Pharmaceuticals
Muhammad 2 min read Oct 13, 2023
Pfizer-Backed VitaDAO Community Approves Launch and Financing of Its First Longevity Biotech Company

Pfizer-Backed VitaDAO Community Approves Launch and Financing of Its First Longevity Biotech Company

Pfizer-backed VitaDAO marks a milestone, launching Matrix Biosciences, their first longevity-focused biotech company, aiming to unlock breakthroughs in extending human life. Dr. Vera Gorbunova leads the venture, exploring the secrets of cancer-resistant naked mole-rats.
Pharmaceuticals
Regenerative Medicine
Muhammad 2 min read Oct 10, 2023
2023 Nobel Prize in Physiology or Medicine Awarded to Dr. Karikó and Dr. Weissman for Contributions to mRNA-based COVID-19 Vaccines

2023 Nobel Prize in Physiology or Medicine Awarded to Dr. Karikó and Dr. Weissman for Contributions to mRNA-based COVID-19 Vaccines

The 2023 Nobel Prize in Physiology or Medicine has been awarded to Dr. Katalin Karikó and Dr. Drew Weissman for their groundbreaking work in the development of mRNA-based COVID-19 vaccines.
Pharmaceuticals
Muhammad 2 min read Oct 2, 2023
Henlius Biotech's HANSIZHUANG (Serplulimab) Approved for Treatment of Esophageal Cancer (ESCC)

Henlius Biotech's HANSIZHUANG (Serplulimab) Approved for Treatment of Esophageal Cancer (ESCC)

Henlius Biotech's anti-PD-1 monoclonal antibody, HANSIZHUANG (Serplulimab), gains approval for treating PD-L1 positive esophageal cancer. Promising clinical results and a growing portfolio highlight its commitment to advancing cancer care worldwide.
Pharmaceuticals
Muhammad 3 min read Sep 27, 2023
Newcastle University's Biotech Spinout MarraBio Raises £500,000 in Seed for Innovative Protein Tech

Newcastle University's Biotech Spinout MarraBio Raises £500,000 in Seed for Innovative Protein Tech

MarraBio, a Newcastle spinout from the university, secures £500,000 seed funding for cost-effective bioactive protein alternatives, with support from Maven Capital Partners, Northstar Ventures, CPI Enterprises, and TCS Biosciences, targeting biomedical research and cultivated meat markets.
Pharmaceuticals
Medical Tech
Muhammad 2 min read Sep 19, 2023
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