Latest Posts

• Could Facebook’s Crypto Break Financial System? Congress Airs Fears

  In late 2017, a federal watchdog unit assigned a working group to keep an eye on cryptocurrencies such as Bitcoin, and to sound an alert if those alternate currencies showed signs of becoming a risk to the stability of the US... Read more »

  Bernadette Tansey7/19/19

• Bio Roundup: Opioid Exposé, Gilead’s Gambit, Life Science IPOs & More

  The opioid crisis reaches all corners of the nation, and newly released data this week revealed how the growth of the epidemic tracked with a massive increase in the production and distribution of these drugs.

  From 2006 to 2012, the number... Read more »

  Frank Vinluan7/19/19

• Boston Tech Watch: Medumo, Zilla, Armored Things, Fortify & More

  The week in Boston tech news hit on all the highlights: health technology, 3D printing, crypto, blockchain, CEO moves, fintech, and plenty of venture cash. Read on for the details:

  —Healthcare technology startup Medumo has been acquired by Netherlands-based Philips (NYSE:... Read more »

  Brian Dowling7/19/19

• VMWare Plans to Acquire Bitfusion for Application-Enhancing Software

  Austin—VMWare announced Thursday it intends to acquire Bitfusion, a startup with offices in Austin, TX and Silicon Valley that makes software aimed at optimizing the way hardware such as graphic processing units are used by applications. Terms were not... Read more »

  David Holley7/18/19

• Kronos Bio Reels In $105M for Drugs That Hit “Undruggable” Targets

  Kronos Bio has raised $105 million in financing to develop therapies intended to target disease-causing proteins that have so far eluded the best efforts of drug hunters.

  The Series A round of funding announced Thursday was led by Vida Ventures and... Read more »

  Frank Vinluan7/18/19

• Genmab, Mirum Pharma & Fulcrum Raise $653M in Wall Street Debuts

  Initial public offerings took a brief summer break the week of Independence Day, but healthcare IPO activity resumed this week as three more companies joined the US public markets. Here’s a recap of the biotech companies that priced IPOs Wednesday evening.... Read more »

  Frank Vinluan7/18/19

• San Antonio to Honor Regenerative Medicine Pioneer Stephen Badylak

  San Antonio — Ah, to be able to regrow a missing limb like a slimy salamander—a trick long dreamed of by youngsters and scientists alike.

  Research into such regenerative abilities has increasingly excited the scientific community during the past 30 years... Read more »

  David Holley7/17/19

• Skyhawk Inks Deal With Genentech for Cancer and Neuro Drug Discovery

  Skyhawk Therapeutics has added Genentech to the growing list of companies it’s working with to find new drugs.

  The deal with Genentech, a Roche subsidiary, calls for Cambridge, MA-based Skyhawk to use its technology to discover and develop RNA-targeting drugs... Read more »

  Frank Vinluan7/16/19

• Aura Wants to Take Its $150M and Stock a Consumer Cybersecurity Toolbox

  Two recently combined consumer cybersecurity companies are heading off under a new branding to make a run at providing some online peace of mind for regular folks, and they’re doing it with $150 million in capital from Boston-area venture firm General... Read more »

  Brian Dowling7/15/19

• Lendbuzz, AI Auto Startup That Steps in When FICO Fails, Raises $150M

  No traditional credit history? No problem. At least that’s how Lendbuzz, a startup that uses artificial intelligence to underwrite auto loans, sees it. The Boston-based software company announced Monday it has raised $150 million in new funding to expand its team... Read more »

  Brian Dowling7/15/19

• Neon’s Early Vaccine Study Is a Peek at Immunotherapy’s Third Wave

  In this new age of cancer immunotherapy, two versions have been approved. The first are checkpoint inhibitors, which have begun to change the way skin, lung, and other cancers are treated. The second are CAR-T cell therapies, which have... Read more »

  Ben Fidler7/15/19

• Boston Tech Watch: Cisco, Acacia, Great Hill Partners & GNS Healthcare

  Billions with a “b” is the word of the week in Boston tech news, with Cisco paying a couple billion dollars for a Massachusetts tech firm and PE firm Great Hill Partners closing its latest ten-digit growth fund. Read these stories... Read more »

  Brian Dowling7/12/19

• Bio Roundup: Michael Becker, Suzanne Eaton, Gene Therapy Moves & More

  The life science and healthcare worlds are vast. We often talk about impact in terms of millions of patients and billions of dollars. But these worlds can be small, too. It seems at times we’re never far removed from any one... Read more »

  Alex Lash7/12/19

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• Amgen, Novartis BACE Inhibitor Joins List of Failed Alzheimer’s Drugs

  Amgen and Novartis are stopping work on an experimental Alzheimer’s disease drug after an early look at clinical data showed worsening cognitive function in patients.

  The interim results announced Thursday were part of a pre-planned review of data from two pivotal... Read more »

  Frank Vinluan7/11/19

• Trump Kills His Administration’s Plan to End Secret Drug Rebates

  Donald Trump’s criticism of high drug prices began during the 2016 presidential campaign and continued through his presidency, perhaps most famously just before his inauguration when he said that drug companies were “getting away with murder.”

  This week has... Read more »

  Alex Lash7/11/19

• Record Exit Value for VC-Backed Startups Could Fuel Investment

  More than a third of the companies that went public in the first half of this year were backed by venture capital.

  That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2 billion in money returned to... Read more »

  Sarah de Crescenzo7/11/19

• The Finalists for the 2019 Xconomy Awards Are …

  After a robust discussion, the editors and judges have narrowed down an impressive list of nearly 300 nominees for the 2019 Xconomy Awards in Boston to an all-star group of almost 60 finalists in 11 categories. Given the overall caliber... Read more »

  Angela Shah7/10/19

• Cisco Invests in Optical Tech With $2.6B Acacia Communications Deal

  Cisco is buying Maynard, MA-based Acacia Communications (NASDAQ: ACIA) for $2.6 billion in a deal to boost the networking giant’s stock of optical technologies, the companies announced Tuesday.

  The deal values Acacia at $70 per share, a 46 percent premium... Read more »

  Brian Dowling7/9/19

• Black Duck, Veracode Execs Relaunch Cloud Infrastructure Firm Fairwinds

  From a host of angles, the business opportunity looked to be a hard one to pass up. The technology business up for sale was: one, self-funded and not saddled by mountains of outside equity; two, profitable and growing; and three, in... Read more »

  Brian Dowling7/9/19

• After Amgen’s Spark, Revolution Med Nabs $100M to Push RAS Cancer Drugs

  In May, Amgen (NASDAQ: AMGN) revealed intriguing data from the first-ever human trial of a drug that targets tumors with a specific mutation to the gene KRAS, which occurs in about one-quarter of all cancers.

  Amgen showed 30 percent of... Read more »

  Sarah de Crescenzo7/9/19

• How Do YOU Think the Internet Will Evolve? A Sampling of Your Tweets

  [Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50, an event exploring the internet’s past and future.... Read more »

  Wade Roush7/9/19

• From Buyout to Spinout to IPO? Dynatrace Eyes $300M Public Offering

  Dynatrace, a 14-year-old enterprise software intelligence company, has filed papers to raise $300 million from an initial public stock offering aimed at restocking its war chest and shrinking its sizable debt.

  If it follows through on the IPO plans, the Waltham,... Read more »

  Brian Dowling7/8/19

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• As Sangamo Touts Data, BioMarin Preps Hemophilia Gene Therapy For FDA

  [Updated 7/8/19, 9:22 am. See below.] Gene therapy for hemophilia is as close as it’s ever been to market. And the race to get there got more heated this past weekend at a medical meeting in Australia.

  At the... Read more »

  Ben Fidler7/8/19

• Future of the Internet: What Scares Networking Pioneer Radia Perlman

  [Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50, an event exploring the internet’s past and future.... Read more »

  Wade Roush7/8/19

• Why Bob Metcalfe Is an Optimist About the Internet

  [Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50, an event exploring the internet’s past and future.... Read more »

  Wade Roush7/8/19

• Bio Roundup: Duchenne Race, Warren v. Gottlieb, A $599 Genome & More

  As we pause to celebrate the 4th of July, another birthday is top of mind: A third baby whose embryonic DNA was edited by Chinese scientist He Jiankui. As Xconomy reported in November, He hinted about a second pregnancy after his... Read more »

  Ben Fidler7/5/19

• Talk of Broadcom Buyout of Symantec Puts Broader IT Focus Into View

  Broadcom is once, twice, three times a multi-billion-dollar dealmaker (well, basically) in the past year if it follows through on its reported talks to acquire Mountain View, CA-based cybersecurity giant Symantec.

  The potential acquisition, which was first reported Tuesday by Bloomberg... Read more »

  David Holley7/3/19

• The Next Internet: Usability Guru Don Norman Calls for Starting Over

  [Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50, an event exploring the internet’s past and future.... Read more »

  Wade Roush7/3/19

• Special Report 2069: Predicting the Internet’s Next 50 Years

  [Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50, an event exploring the internet’s past and future.... Read more »

  Wade Roush7/2/19

• Tracing the ARPANET Roots of the Internet’s Cybersecurity Crisis

  [Editor’s note: This is part of a series examining the internet’s first 50 years and predicting the next half century. Join Xconomy and World Frontiers Forum on July 16 for Net@50, an event exploring the internet’s past and future.... Read more »

  Brian Dowling7/2/19

• Brain Corp., Maker of Robotics Tech, to Open European HQ in Amsterdam

  Brain Corp., a robotics startup whose technology powers automated floor cleaning machines in retail stores, malls, warehouses, and airports, announced Monday it is opening its first European office in Amsterdam, the largest city in the Netherlands.

  The Amsterdam office will serve... Read more »

  Sarah de Crescenzo7/1/19

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