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Venture capitalists ride biotech wave one drug at a time

2015-04-10 16:17:45| Biotech - Topix.net

How many people does it take to run a successful biotech company? Just two, judging by the sale of XO1, a one-drug British firm snapped up last month by Johnson & Johnson . Ten years on from pioneering an ultra-lean business model focused on investing in "virtual" companies with a single experimental medicine, XO1's backer Index Ventures is chalking up some notable wins.

Tags: time drug wave ride

 

Venture capitalists ride biotech wave one drug at a time

2015-04-10 16:10:02| Food - Topix.net

How many people does it take to run a successful biotech company? Just two, judging by the sale of XO1, a one-drug British firm snapped up last month by Johnson & Johnson . Ten years on from pioneering an ultra-lean business model focused on investing in "virtual" companies with a single experimental medicine, XO1's backer Index Ventures is chalking up some notable wins.

Tags: time drug wave ride

 
 

Seattle wages rise even as IT, biotech pay slows

2015-04-09 18:09:58| Biotech - Topix.net

Now for the bad news: over the past nine months or so, wage growth has slowed for some of the region's hottest jobs, including technology, manufacturing and biotechnology. Seattle wages grew 2.3 percent between the first quarter of 2014 and the same period this year.

Tags: pay rise seattle biotech

 

Oil Craters After Monumental Inventory Build, Biotech Booms Again

2015-04-09 11:45:28| Biotech - Topix.net

Early this morning, energy giant Royal Dutch Shell said it would acquire BG Group for $70 billion. According to Bloomberg, this transaction constitutes the largest deal in the oil and gas industry in at least a decade.

Tags: again build oil inventory

 

S&P Fails to Extend Winning Streak, Biotech and Transports Rally

2015-04-08 16:05:55| Air Courier - Topix.net

US stocks failed to hit a three-day winning streak, though biotech and transports showed renewed momentum. The NASDAQ Biotechnology ETF , which underperformed significantly in yesterday's rally, bounced 0.9% today.

Tags: winning extend fails rally

 

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