Clene Nanomedicine raises $42.5m for developing nanocatalysts for neurodegenerative diseases
Clene Nanomedicine, which is engaged in developing nanocatalysts for the treatment of bioenergetic failure associated with neurodegenerative diseases, has raised $42.5 million in a Series D equity financing round. The Utah-based clinical-stage biopharma company plans to use the proceeds to advance its pipeline of products, in particular its lead nanocatalyst CNM-Au8. According to Clene Nanomedicine, […]
Wuhan Coronavirus can be detected by Explify Respiratory test says IDbyDNA
January 30, 2020 No Comment
IDbyDNA claims that its Explify Respiratory test can detect Wuhan Coronavirus apart from more than 900 viral, bacterial, fungal, and parasitic pathogens. According to the California-based metagenomics technology company, the Explify Respiratory test is a validated laboratory-developed test for respiratory pathogens like human coronaviruses. The Wuhan Coronavirus detection test is currently available at the IDbyDNA […]
Continue reading …TERN-201 NASH clinical trial : Terns reports positive results for phase 1 study
January 12, 2020 No Comment
TERN-201 NASH clinical trial : Terns Pharmaceuticals said that an ongoing phase 1 trial of its semicarbazide-sensitive amine oxidase (SSAO) inhibitor TERN-201 in non-alcoholic steatohepatitis (NASH) has yielded positive results. According to the US biopharma company, the early-stage NASH clinical study showed that a single oral dose of TERN-201 delivered a sustained, near-complete suppression of […]
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LABORIE acquisition of Clinical Innovations : LABORIE Medical Technologies has agreed to acquire Utah-based Clinical Innovations for $525 million from EQT Mid Market US fund and the EQT Mid Market Asia III fund (jointly EQT). Headquartered in Salt Lake City, Clinical Innovations provides medical devices for the labor and delivery (L&D) and neonatal intensive care […]
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Business News Today
- Deutsche Börse to acquire majority stake in Quantitative Brokers
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- Delivery Hero to acquire Latin American business of Glovo in €230m deal
- Arthur J. Gallagher acquires crop insurance provider Kirksey Agency
- Klarna pockets $650m funding for e-commerce payment solutions
- Amazon India opens two new fulfilment centres in Hyderabad
- Volansi bags $50m in Series B round for middle-mile drone delivery services
- British clothing retailer Next to form JV with Victoria’s Secret UK
- Cocomels launches new Sugar Free Coconut Milk Caramels
- Verizon to acquire US prepaid wireless provider Tracfone Wireless from America Movil
