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New bio-based glues form adhesive bonds that grow stronger in water

New bio-based glues form adhesive bonds that grow stronger in water
phys.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phys.org Daily Mail and Mail on Sunday newspapers.

New bio-based glues form adhesive bonds that grow stronger in water

New bio-based glues form adhesive bonds that grow stronger in water
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Novilytic secures $1 6 million seed round, continues strong momentum

Novilytic LLC, a biochemistry analytics company that protects and secures lifesaving drugs, has completed a $1.6 million seed round in addition to its $1.4 million National Institutes of Health Small Business Innovation Research grant. The seed round investments include contributions from Purdue Foundry and Elevate Ventures.

Novilytic secures $1 6 million seed round, continues strong momentum

Novilytic secures $1 6 million seed round, continues strong momentum
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Research Bridge Partners Portfolio Company, Novosteo, Inc , Closes $5 5 Million in Series A Financing

Novosteo, Inc. s NOV004 has shown promise in live animals in the acceleration of fracture healing when delivered systemically. The compound is unique in that it concentrates at the fracture site while avoiding accumulation in the rest of the body. Proceeds from the financing will be used to advance NOV004 into clinical development that will begin in the first half of 2021. Bone injuries and disease are one of the most challenging health issues facing all ages, especially for the elderly. Despite the advent of preventive measures, one in three hip fracture patients who are 65 and older will die within a year; many deaths occur as a result of the complications due to slow fracture healing and long-term immobilization.

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