MagniX, a startup developing electric propulsion systems for small planes, has announced a partnership with a British Columbia airline to convert some of the seaplanes it operates into “ePlanes.”
MagniX’s partnership with Richmond, BC-based Harbour Air is the first the... Read more »
Aldeyra Therapeutics has disclosed positive results from the first of multiple Phase 3 studies of a new type of inflammation-fighting medicine the Lexington, MA, company has been testing in a variety of conditions.
The study Aldeyra (NASDAQ: ALDX) reports on... Read more »
[Corrected 3/26/19, 9;52 am. See below.] Business travel software startup Lola is keeping its foot on the gas.
The Boston-based company is doubling its headcount—another 60 employees by the end of the year, mostly in sales and engineering—to keep... Read more »
Austin—There’s a diversity initiative in Austin that’s gaining interest: The Startup Diversity and Inclusion Pledge has now been signed by some 50 entrepreneurs and investors in the city.
The pledge asks any company or individual who signs it to commit... Read more »
Celgene said Monday it has again sent the FDA an application for approval of ozanimod, an experimental multiple sclerosis drug it added to its pipeline in 2015 as part of its $7.2 billion acquisition of San Diego’s Receptos.
Just over... Read more »
Austin—Even the most staid of industries can use a boost from technology.
Case in point: Cerity, an Austin, TX-based insurance tech startup founded last year says it’s developing software that uses artificial intelligence to match worker’s compensation policies to small... Read more »
A program launched last year by the Wisconsin Alumni Research Foundation to invest in promising biotech discoveries made on the University of Wisconsin-Madison campus will also work with the La Jolla, CA-based Sanford Burnham Prebys Medical Discovery Institute, the organizations said... Read more »
As with cancer and HIV infection, progress in treatment for the genetic disorder cystic fibrosis has come with ever-more sophisticated cocktails of drugs.
Proteostasis Therapeutics (NASDAQ: PTI) is one of the firms trying to catch up to cystic fibrosis leader... Read more »
CyberX, an industrial “Internet-of-things” security startup, has raised $18 million in a funding round led by the venture arm of chip-maker Qualcomm (NASDAQ: QCOM) and Inven Capital, a cleantech and new energy fund based in Prague, the Czech Republic.
Waltham,... Read more »
Ted Mills spent the first part of his career in finance, eventually starting a investment fund for Manoj Bhargava, the Michigan-based founder of 5 Hour Energy, in 2008. After five years in that role, Mills says it was time to... Read more »
Thermo Fisher Scientific late Sunday evening agreed to buy Brammer Bio for $1.7 billion, yet another bet by a large biopharmaceutical organization on the future of gene therapy.
Thermo (NYSE: TMO), a Waltham, MA, developer of lab equipment, made... Read more »
Football leagues at every level, from those made up of youth teams to the U.S.’s hugely popular National Football League, are taking steps aimed at making the sport safer for players. These efforts include rule changes outlawing certain types of contact,... Read more »
Ben Einstein, co-founder and general partner of hardware-focused investor Bolt, says he has left the venture capital firm he started as his partner, Grace, enters chemotherapy for a cancer diagnosis.
“Through this gut-wrenching experience, the things I enjoy doing and that... Read more »