RESEARCH TRIANGLE PARK - 2020 was a record year for venture capital investment, and data from the Q1 2021 PitchBook-NVCA Venture Monitor report, released today,
Personalized Medicine Is The Next Big Trend For Biotech Stocks & 1 Company Could Radically Disrupt The Industry dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.
Can the biopharma sector retain the investing momentum it saw in 2020 as generalists turned their attention to the space?
After a monumental year for biopharma investment in 2020, how much of that momentum can the sector carry over into the new year? Market watchers are beginning to place their bets.
This year, the annual Biotech Showcase event went digital in the face of the global COVID-19 pandemic, with experts in the space meeting online to share the latest insider information with investors.
One immediately recognizable trend was how much of a push the biopharma industry has experienced thanks to a growing appetite from generalist investors. This was in large part due to the attention that drug development received last year it led to a rush of initial public offerings (IPOs) and to the emergence of special purpose acquisition companies (SPACs) in the space.
Genentech Launches $1B+ RNA Collaboration with Ribometrix
Ribometrix has shown that several RNAs associated with disease contain structural pockets clefts and crevices (highlighted) that are amenable to targeting with small molecules. Genentech, a member of the Roche Group, will apply Ribometrix’s discovery platform to discover, develop and commercialize small molecule drug candidates against RNA targets, through a collaboration that could generate more than $1 billion for the Durham, NC-based company. [Ribometrix]
January 6, 2021
Ribometrix has shown that several RNAs associated with disease contain structural pockets clefts and crevices (highlighted) that are amenable to targeting with small molecules. Genentech, a member of the Roche Group, will apply Ribometrix’s discovery platform to discover, develop and commercialize small molecule drug candidates against RNA targets, through a collaboration that could generate more than $1 billion for the Durham, NC-based company. [Ri
Reneo Pharmaceuticals Raises $95M in Series B Financing finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.