JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.
Healthcare Health/Fitness
GE Healthcare Life Sciences set to construct biopharma factory for venture-backed JHL Biotech
GE Healthcare Life Sciences would be constructing the KUBIo biopharmaceutical factory for JHL Biotech in China.
Foursquare founder heads mobile team for health insurance startup
Foursquare co-founder Naveen Selvadurai was reported heading the mobile team of health insurance operator startup Oscar after leaving Foursquare last year.
Novamax shares jump after IPO
Novamax had share prices advance 66% of pre-IPO prices after close of trading. Novamax, the vaccine manufacturer, announced Tuesday that it is projecting to raise around USD82.
Practice Fusion scores USD 70 million for Series D round
Practice Fusion received USD 70 million from various investors for its Series D round. Healthcare platform Practice Fusion raised USD 70 million for its Series D round.
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The Abraaj Group announced its exit from the Daniel O. Mercado Medical Center (DMMC). The Abraaj Group said it had exited from its investment in Daniel O.
Synthetic antibodies maker Indi Molecular closed its seed round with USD 1.5 million. Indi Molecular announced the close of its seed funding with USD 1.
Roche Holding AG's CEO Severin Schwan said the company won't raise any credit financing after a report from the DealReporter said Roche would acquire BioMarin Pharmaceuticals.
BIND Therapeutics announced the pricing of its initial public offer of 4,700,000 shares at USD15 per share.
Google has made a 'significant' investment in Calico, a company designed Google had announced its plans to form a new company to be named Calico.
Retrophin announced today that it had made another proposal to acquire all Transcept Pharmaceuticals Inc. shares of common stock valued USD4 per share in cash.
The launch of Lift Labs was done recently to unveil its latest product the Liftware, which is a product that used grant money for its design and creation.
Investment initiative Benu Bioventures would provide funding for the human testing stage drug trials.
In an announcement made today, BDC Venture Capital would be investing an additional USD135 million to support Canadian companies in the healthcare sector.
