Investors pool €27m for new Proteomics tech

UK-based biotech startup Fluidic Analytics has raised €27m for its proteomics platform. The financing round was led by Draper Esprit, with participation from Delin Ventures, BGF, IQ Capital, and Amadeus Capital Partners. 

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Carbios set to build closed-loop PET plant

French Carbios SA has signed a letter of intent with PVC giant Kem One to implement a demonstration plant to provide proof of concept of Carbios‘ groundbreaking enzymatic PET depolymerisation technology.

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Adrenomed bags €24m in growth financing

German Adrenomed AG has bagged €24m in equity financing from HBM Healthcare Investments and Wellington Partners.

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Roche targets asthma with inhalable JAK1 blocker

Researchers at Genentech have locally blocked lung inflammation in a mouse model for asthma by administration of an inhalable JAK1 inhibitor.

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British F2G Biotech bags €24m

The European Investment Bank (EIB) has lent antiinfectives company F2G Biotech Ltd €24m for antifungal research and innovation under the InnovFin Infectious Diseases Finance Facility (IDFF). 

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Sugar replacement slows cancer growth

Researchers at Cancer UK have slowed down tumour growth by simply feeding mice that carry human tumour xenografts with mannose instead of glucose.

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Epigenetic drugs can increase tumour malignancy

Researchers at IRB Barcelona report that tumours may become more aggressive following treatment with drugs that inhibit epigenetic factors.

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Forbion leads €40m financing in Inflazome Ltd

Inflammosome inhibitor specialist Inflazome Ltd has raised €40m in a Series B financing led by Forbion with co-investors Longitude Capital, Novartis Venture Fund and Fountain Healthcare Partners.

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Boehringer and Epizyme enter US$300m deal

Boehringer Ingelheim and Epizyme, Inc. will collaborate in the field of small molecule cancer drugs that target unaddressed epigenetic targets within the helicase and histone acetyltransferase families.

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