Tag Archives: Andreesen Horowitz

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Scribe Therapeutics Sets Out to Write CRISPR Gene Editing’s Next Chapter

The first generation of CRISPR-based therapies showed how the technology can edit DNA, making genetic fixes to unwanted mutations. But those treatments use the CRISPR system as scientists found it in nature, which means it still has limitations when applied to humans, says Benjamin Oakes, CEO of Scribe Therapeutics. Scribe aims to develop gene-editing therapies […]

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Bio Roundup: EQRx’s Ambitions, Nektar No Vote, New Frazier Fund & More

Perhaps the most talked-about news at the JP Morgan Healthcare Conference this week was a new startup that launched with $200 million and an ambitious claim that its first drug would be approved within five years, and 10 in total within as many years. Cambridge, MA-based EQRx contends it will be able achieve its goals […]

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Biotech Roundup: Novartis on Hold, AMAG Vote, Neuro News & More

The brain has stymied many efforts to develop new neuroscience drugs, leading a number of big pharmaceutical companies to pull back on such R&D work. This week, Amgen joined them. Amgen (NASDAQ: AMGN) is ending its research and early development programs in neuroscience, the company announced during a conference call to discuss third-quarter financial results. […]

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Bio Roundup: Lung Cancer Questions, Migraine Races, HIV Battle & More

The top biopharma story of the week involves the fast-moving field of lung cancer, which, as we’ve written previously, has several key trials reading out in 2018. A big domino fell this week: data from a two-drug immunotherapy combination developed by Bristol-Myers Squibb. But the results, touted as positive, left more questions than answers. First, […]

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Presence Capital Takes the Temperature of VR/AR at Mid-Year

This week we checked in with Presence Capital, a San Francisco-based venture capital firm that specializes in virtual reality and augmented reality startups. Presence, which made its first investment in July 2015, has now invested in 33 companies, including VR animation studio Baobab; Strivr, a creator of VR training systems; Meta, the developer of a […]

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San Antonio’s Geekdom Fund Adds to Investments With $20M Second Fund

San Antonio—The Texas IT-focused venture capital firm Geekdom Fund has closed a $20 million fund, which it started raising last year. The San Antonio venture firm was founded in 2014 by Michael Girdley, Don Douglas, Mike Troy, and Cole Wollak, and closed its first fund at $3.4 million in 2015. Geekdom Fund has always invested […]

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Senate Confirms Price for HHS, But Stock Deals Still Raise Questions

The Senate confirmed Tom Price as Secretary of the U.S. Department of Health and Human Services early Friday morning by a 52-47 vote that, as expected, fell largely on party lines. Price is an orthopedic surgeon by training who has been a member of Georgia’s congressional delegation since 2004. He will now oversee a department that […]

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Start Houston, Gigster Partner to Match Developers With Startups

Start Houston co-founder and tech entrepreneur Apurva Sanghavi found himself in a predicament familiar to many entrepreneurs: an incomplete project was stalled because of a lack of developers. Almost on a whim, he turned to Gigster, a San Francisco-based startup that connects freelance developers to entrepreneurs like Sanghavi. Hiring Gigster gave him the developer talent […]

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Techstars Alum DigitalOcean to Double Staff, Office Space with $83M

Next week, the team at DigitalOcean will move into a 30,000-square-foot office, in the same building but twice the size of its current digs, as it ramps up with more funding in hand. The New York-based company hosts cloud infrastructure, largely used by developers to build websites and apps. Along with the extra elbow room, […]

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VC Funding Slows as Big Funds Crowd into Late-Stage Venture Deals

Following a December surge, when U.S. venture firms invested $7.2 billion in 342 deals nationwide, VC activity reset at a lower pace during the first quarter of 2015, according to data being released today by CB Insights. The New York venture capital tracker says VCs invested $11.3 billion in 805 startups over the three months […]

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