The latest biotech news

News and Trends 10 Mar 2020

LSP Raises €528M in Largest European Life Sciences Investment Fund

Healthcare investor Life Sciences Partners has closed the largest ever European venture capital fund dedicated to new medicines and technologies after raising €528M. LSP 6, the company’s largest private equity fund to date, attracted significantly more than the original €396M target from a diverse investor group that included governments and the EU-supported European Investment Fund. […]

March 10, 2020 - 2 minutesmins - By External Contributor

News and Trends 5 Mar 2020

Drug Development Costs Lower Than Pharma Companies Claim

A team of UK and Belgian scientists has reported that drug companies spend up to €1.3B less on drug development than previously suggested, which raises questions about high drug prices set by some biotech and pharma companies. The study, published in the journal JAMA, took publicly available data from pharma company financial reports with the […]

March 5, 2020 - 4 minutesmins - By Jonathan Smith

News and Trends 4 Mar 2020

Immunocore Raises €117M to Develop Immunotherapies for Cancer and Hepatitis B

UK biotech Immunocore has raised €116.7M in Series B funding to develop drugs that harness the body’s immune cells to fight cancer, viral infections, and autoimmune diseases. This latest funding round for the company, which specializes in redirecting and activating T-cells, includes an international group of new investors led by the US private equity firm […]

March 4, 2020 - 2 minutesmins - By External Contributor

News and Trends 4 Mar 2020

CN Bio Raises €8M to Boost Organ-on-a-Chip Rollout

UK cell culture specialist CN Bio Innovations has secured €7.98M (£7M) from Chinese investors to bolster its US market and expand European activities. Investment in the bioengineering company was led by Chinese investor CITIC Securities Company and with further support from existing Hong Kong-based investor CN Innovations Holdings. CN Bio, which creates benchtop instruments to […]

March 4, 2020 - 3 minutesmins - By External Contributor

News and Trends 3 Mar 2020

Alnylam Gets Second RNAi Drug Approval from EMA

US biotech Alnylam Pharmaceuticals has succeeded in getting its second RNAi drug — for treatment of rare, inherited liver diseases — approved by the European Medicines Authority just months after achieving US FDA approval for the same drug. Alnylam are well known for being pioneers in the RNA interference space. The company achieved the first […]

March 3, 2020 - 2 minutesmins - By Helen Albert

News and Trends 2 Mar 2020

Evonetix Raises €27M Series B to Progress DNA Synthesis Technology

UK synthetic biology company Evonetix raised €27M in Series B funding to develop its fast DNA synthesis technology and produce a working prototype of the company’s desktop platform. New investor Foresite Capital, a US-based VC firm, led the round, although all the company’s earlier Series A investors, such as the tech-focused VC’s Draper Esprit and […]

March 2, 2020 - 2 minutesmins - By Helen Albert

antibiotic resistance southampton e coli

News and Trends 28 Feb 2020

Lasers Used To Make Rapid Antibiotic Resistance Test

Researchers from the University of Southampton in the UK have used laser technology to create a paper-based test that can identify bacteria in a urine sample and tell whether the species is showing antibiotic resistance. Urinary tract infections (UTIs) are the most commonly diagnosed infections worldwide and are typically caused by bacteria such as Escherichia […]

February 28, 2020 - 3 minutesmins - By Laura Cowen

News and Trends 27 Feb 2020

Scientists Recycle Agricultural Waste into Laundry Enzymes

Scientists from the UK and India have recycled the byproducts of mustard oil production to develop an enzyme that can be used in commercial laundry detergents. Lipases are the second-largest commercially produced enzymes, with an estimated market value of more than €16B. They are used in various industries to produce fine chemicals, cosmetics, pharmaceuticals, and […]

February 27, 2020 - 2 minutesmins - By Laura Cowen

News and Trends 27 Feb 2020

Scientists Connect Brain Cells to Machines Over the Internet

An international group of researchers has set up a brain-machine interface between cultured nerve cells and electronic chips linked over the internet, which could lead to the development of AI implants for treating neurological disorders. As described in a study published in Nature Scientific Reports, the team set up a system where cultured rat nerve […]

February 27, 2020 - 3 minutesmins - By Jonathan Smith

News and Trends 26 Feb 2020

Bicycle Therapeutics Partners Genentech in Deal Worth €1.6B

UK biotech Bicycle Therapeutics will collaborate with Genentech, now part of the Roche Group, to develop novel cancer immunotherapies and take them to market. Genentech will pay €28M upfront to Bicycle, but if discovery, regulatory and commercial milestones are met then the deal could be worth up to €1.6B for the Cambridge-based company. Bicycle’s technology […]

February 26, 2020 - 2 minutesmins - By Helen Albert

scipio bioscience single cell sequencing

News and Trends 26 Feb 2020

French Startup Raises €6M to Develop Cheap Single-Cell Sequencing Kits

Scipio bioscience has raised €6M in a Series A round to launch cost-effective single-cell RNA sequencing kits, which could have big potential in profiling cells for research and clinical diagnostics. The round was led by M Ventures, the corporate venture capital arm of Merck. Other investors in the round included Seventure Partners’ seed fund Quadrivum […]

February 26, 2020 - 2 minutesmins - By Jonathan Smith

News and Trends 25 Feb 2020

European Researchers to Make Light Bulbs using Bacteria

A team of scientists from Austria, Spain, and Italy is working to make LED light bulbs out of proteins produced by bacteria. Light-emitting diodes, or LEDs, are widely seen as a key tool for making lighting eco-friendly because they are more energy-efficient than traditional bulbs. However, the coatings of these devices — designed to absorb […]

February 25, 2020 - 2 minutesmins - By Jonathan Smith

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News and Trends

LSP Raises €528M in Largest European Life Sciences Investment Fund

Drug Development Costs Lower Than Pharma Companies Claim

Immunocore Raises €117M to Develop Immunotherapies for Cancer and Hepatitis B

CN Bio Raises €8M to Boost Organ-on-a-Chip Rollout

Alnylam Gets Second RNAi Drug Approval from EMA

Evonetix Raises €27M Series B to Progress DNA Synthesis Technology

Lasers Used To Make Rapid Antibiotic Resistance Test

Scientists Recycle Agricultural Waste into Laundry Enzymes

Scientists Connect Brain Cells to Machines Over the Internet

Bicycle Therapeutics Partners Genentech in Deal Worth €1.6B

French Startup Raises €6M to Develop Cheap Single-Cell Sequencing Kits

European Researchers to Make Light Bulbs using Bacteria

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Catalonia: A biotech hub going from strength to strength, with Barcelona at its core

Top biotech deals of February 2025

Grab your free report on 3D organoids and explore their future potential

These 7 biotechs are shaping the next generation of endometriosis care

Connect with decision-makers and researchers worldwide for collaborative opportunities

Subscribe to our newsletter

Advertise with us

Catalonia: A biotech hub going from strength to strength, with Barcelona at its core

Top biotech deals of February 2025

Grab your free report on 3D organoids and explore their future potential

These 7 biotechs are shaping the next generation of endometriosis care

Connect with decision-makers and researchers worldwide for collaborative opportunities

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Advertise with us

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