pharmaceuticals
SkyCell nabs $59M more for its greener smart pharma transport containers
The Swiss startup has closed out its Series D at $116 million, which it will use to double down on working with companies operating in Asia and the U.S.
Egyptian health tech Yodawy raises $16M, backed by Delivery Hero Ventures
Without proper government-led public health initiatives, healthcare expenditures, including insurance and pharmaceutical drugs, can burden individuals and households. In recent years, private institutions have played a massive part in the…
Quantori is building an app development platform focused on life sciences
Life science businesses like big pharmaceutical companies have a singular set of needs when it comes to building applications. Their models and algorithms tend to be more sophisticated and data-intensive…
Extortion group claims cyberattack on pharmaceutical giant IPCA Laboratories
IPCA Laboratories, one of the biggest pharmaceutical companies in India, has been hit by a cybercrime and extortion group that claims to have stolen 500 gigabytes of data from its…
Mermade Seafoods swims in cell agriculture waters to make cultivated scallops
Mermade Seafoods’ circular approach uses biowaste to feed algae, which is then used as the growth media to feed the cells. The company calls this interpretation of aquaponics “cytoponics.”
Facebook and Instagram are removing posts offering to mail abortion pills
In the aftermath of the Supreme Court’s decision to overturn Roe v. Wade, some Facebook and Instagram users planning to help distribute legal abortion pills are finding themselves censored. According…
Despite regulatory hurdles, these 4 US cannabis investors are planting seeds for tomorrow
Bear markets and high interest rates often cause investors to turn away from anything resembling a risky investment. Yet, now is a good time to take another look at the…
6 questions investors should ask when evaluating psychedelic biotech companies
We believe in a future where psychedelic therapy will be as common as going to the dentist, but the path won’t be easy.
Vira Health gets $12M to dial up personalized menopause support
Vira Health, a U.K. startup that offers personalized digital therapeutics for women going through menopause, has closed a second round of funding — taking $12 million from lead investor Octopus…
Fullscript raises $240M to expand its B2B integrative medicine marketplace
The market for complementary and alternative medicine — a wide-ranging area that includes practice-based work like yoga as well as a huge range of supplements and everything in between —…
NFX-backed Pepper Bio Emerges from stealth with tools to hone in on complex diseases
There’s a clear pain point when it comes to drug discovery: Depending on which study you cite, creating an approved drug costs anywhere from $985 million to $2.6 billion. And…
Human life expectancy increased from 31 years in 1900 to 72 years in 2017. Today, we are on the cusp of another healthcare revolution driven by artificial intelligence.
The company captures diverse microbes for agricultural applications, like crop protection, and screens strains for the best assays that would work for insect, disease and nematode control.
Aduhelm approval sparks HHS watchdog review of FDA’s accelerated approval pathway
The Department of Health and Human Services (HHS) Office of the Inspector General will review the FDA’s accelerated approval pathway, the office announced Wednesday. This sweeping review comes just two…
Powered by local stores, JOKR joins the 15-min grocery race with a $170M Series A
“We are true believers in the fact that the world needs a new Amazon, a better one, a more sustainable one, one that appreciates local areas and products.” It’s quite…
Multiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea and the…
After contentious debate, FDA approves first Alzheimer’s drug since 2003
On Monday, the US Food and Drug Administration granted approval to a keenly-watched Alzheimer’s drug, aducanumab, developed by the drugmaker Biogen. The decision to approve the drug, which was once…
Wolt closes $530M round to continue expanding beyond restaurant delivery
Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in new funding. The round was…
Men’s health subscription startup Numan closes £10M Series A funding round
Launched almost 18 months ago, Numan joined the growing list of sites targeting men’s health, such as Roman and Hims, for example. Numan launched aiming to promote accessible medical remedies…
Digital elective care and telemedicine provider Ro raises $200 million at a reported $1.5 billion valuation
In three years Zachariah Reitano’s startup, Ro, has managed to hit a reported $1.5 billion valuation for its transformation from a company focused on treating erectile dysfunction to a telemedicine…
During the waning days of the first dot-com boom, some of the biggest names in venture capital invested in marketplaces and directories whose sole function was to consolidate information and…
Dtex, a specialist in insider threat cybersecurity, raises $17.5M
A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors — and for good reason, since…
The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal
While COVID-related stay-at-home orders have been extended in some places, officials in other places in the U.S. have decided to open up. We are watching and waiting to see how…
Knowde could make billions building the digital marketplace for the $5 trillion chemicals industry
Ali Amin-Javaheri grew up in the chemicals business. His father had worked for Iran’s state-owned chemical company and when the family fled the country in the nineteen eighties during the…
SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals
While human travel has become severely restricted in recent months, the movement of goods has remained a constant priority — and in some cases, has become even more urgent. Today,…
Vietnamese online pharmaceutical marketplace BuyMed raises $2.5M
BuyMed, a Vietnamese startup that wants to fix Southeast Asia’s complex pharmaceutical distribution networks, announced today it has raised $2.5 million in pre-Series A funding. Investors include Sequoia Capital India’s…
Matt Ocko saw COVID-19 coming: Here’s what his venture firm is doing about it
Matt Ocko, co-founder of venture firm Data Collective (DCVC), was among a small group of VCs viewed as alarmists when they began tweeting about the coronavirus’s imminent appearance in the…
Featured Article
Delivery Hero CEO shares what he’s learned about managing logistics during a pandemic
Food-delivery platforms are on the front lines during the coronavirus crisis, with major spikes in demand as communities are confined at home, likely with more time to cook than usual. And while some restaurants have opted to shut down, others have turned to takeout as a lifeline. Yet physical contact…
Investors move from coronavirus woes to Biden wins as markets rally on Super Tuesday results
While the aftermath of Super Tuesday has left the Democratic Party riven between its more liberal and moderate wings, investors viewed last night’s results as a win for business and…
Luna is a new kind of space company helping biotech find its footing in microgravity
Toronto-based startup Luna Design and Innovation is a prime example of the kind of space company that is increasingly starting up to take advantage of the changing economics of the…