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GSK and J&J back $1 billion biotech spin-off from Index Ventures

2016-02-02 14:09:31| Food - Topix.net

Index Ventures, an early investor in technology hits like Skype and Dropbox, is spinning off its biotech portfolio into a new $1 billion business, with backing from drug giants GlaxoSmithKline The new Medicxi Ventures business will be led by the existing life sciences team from Index Ventures and includes all the current biotech portfolio companies. Medicxi said on Tuesday it had raised 210 million euros for a new fund focused on early-stage life sciences investments in Europe, with GSK and J&J each contributing 25 percent.

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GSK and J&J back $1 billion biotech spin-off from Index Ventures

2016-02-02 13:41:59| Biotech - Topix.net

Index Ventures, an early investor in technology hits like Skype and Dropbox, is spinning off its biotech portfolio into a new $1 billion business, with backing from drug giants GlaxoSmithKline The new Medicxi Ventures business will be led by the existing life sciences team from Index Ventures and includes all the current biotech portfolio companies. Medicxi said on Tuesday it had raised 210 million euros for a new fund focused on early-stage life sciences investments in Europe, with GSK and J&J each contributing 25 percent.

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Tip of the Week: Getting Maintenance Back into Maintenance Mode

2016-02-01 14:00:00| Electrical Construction & Maintenance

Establish priorities to manage your maintenance work more effectively read more

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Driver's Seat: Back to the future in growth?

2016-01-31 10:14:56| Auto Dealers - Topix.net

As the Philadelphia Auto Show cruises through the next week, about 250,000 people are expected to stroll among hundreds of offerings at the Convention Center. Some of what you'll get to see includes the 2017 Fiat 124 Spider, the 2017 Jaguar F-Pace, and the 2017 Alfa Romeo Giulia Quadrifoglio.

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What is holding back the growth of solar power?

2016-01-31 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Sixty years ago, the price of solar panels was astronomical. At a cost of $1,910 (1,350) per watt in todays money, the only practical use for them was in space on the US Vanguard 1 satellite, which launched in 1958. But slowly and then precipitously the price of building a solar cell came down. Today it is less than $0.80 (0.55) per watt. The subsequent proliferation of panels (especially in Europe, China, US and India) has tracked along the dizzying curve that eventually lead to the market...

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