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MindRank Raises $52 Million In Series B Financing To Advance AI-Native Drug Development
1+ hour, 8+ min ago (366+ words) MindRank AI, a clinical-stage biotechnology company developing an artificial intelligence-powered drug research and development platform, announced that it has raised $52 million in Series B financing. The funding round was led by a group of institutional investors and healthcare-focused funds. The…...
AstraZeneca Turns to China for Molecule That Might Top New Merck COPD Drug
1+ hour, 57+ min ago (159+ words) AstraZeneca is getting rights to a Sino Biopharmaceutical drug that offers a dual mechanism to treat chronic obstructive pulmonary disease, or COPD. It’s the same approach as an FDA-approved drug that Merck acquired last year in a multi-billion dollar deal....
Novato dementia drug startup gets venture capital infusion
4+ hour, 16+ min ago (524+ words) A Novato startup company that is researching the connection between Alzheimer’s disease and a bacteria found in gum disease has received backing from a local venture capital firm. Marin Sonoma Impact Ventures announced its investment in Lighthouse Pharmaceuticals, based at…...
Life sciences sector urges Government to back investment and innovation
3+ hour, 48+ min ago (448+ words) The UK life sciences sector has called on Government to maintain policy continuity, improve access to growth capital and accelerate adoption of innovation across the NHS during a BioIndustry Association (BIA) roundtable with Dr Zubir Ahmed MP. Industry representatives argued…...
Oxylabs Raises $130 Million At $3.6 Billion Valuation From Warburg Pincus
6+ hour, 37+ min ago (548+ words) The funding represents Oxylabs’ first outside investment since the company was established in 2015. The investment is being made through the Warburg Pincus Capital Solutions Founders Fund, which provides flexible capital to founder-led businesses and their existing shareholders. Modern AI systems…...
IGE Consulting makes trio of technical promotions
7+ hour, 51+ min ago (342+ words) Published by Bdaily Bdaily Business News on 12 Jul 2026 Manchester-headquartered geotechnical and ground engineering consultancy IGE Consulting has promoted three members of its technical team as the firmcontinues to invest in its people and support future growth. Angharad Jones has been…...
Sunday Summary: What We Know About the Accident at Former Pfizer HQ
2+ day, 1+ hour ago (708+ words) Real estate journalism is a somewhat specialized field — but last week a piece of industry news was blared on front pages far and wide. Two steel support structures at the former Pfizer headquarters at 235 East 42nd Street buckled on July 7, and…...
Anthropic wants to disrupt drug discovery. Industry experts say the real challenge comes later
12+ hour, 15+ min ago (493+ words) CTech Is Anthropic on track to disrupt another established industry?...
Reed Jobs would rather talk about curing cancer than his last name
17+ hour, 19+ min ago (576+ words) Reporting on the business of technology, startups, venture capital funding, and Silicon Valley. Reed Jobs is easy to like. He’s motormouthed, self-deprecating, prone to video-game analogies, and clearly loves his work. He doesn’t particularly want to discuss the fact that…...
AstraZeneca CEO: ‘Biology will catch up with me at some point’
13+ hour, 25+ min ago (930+ words) When the AstraZeneca board rejected a near £70bn bid from Pfizer that would have created one of the world’s biggest pharmaceutical companies, chief executive Sir Pascal Soriot understood the gamble they were taking. The approach more than a decade ago offered…...