News

The Alcatel-Lucent merger: What about the labs?

What happens to the company labs when there’s a merger? That’s the question many in the telecoms industry are now asking, following news of merger plans by US-based Lucent and France's Alcatel.

Endoart gets $10.5M for obesity device development

Endoart SA, a Swiss company which develops medical devices for the obese, said it has raised CHF13.5 million ($10.5 million) in a series C financing from venture capital funds for product development and clinical trials.

Johnson and Johnson, RNID back UCL hearing research

Johnson & Johnson's Corporate Office of Science & Technology (COSAT) has agreed to fund a research programme on hearing loss conduced by University College London's (UCL) Ear Institute under a partnership between the pharmaceutical giant and RNID, a non-profit organisation for the hearing impaired in the UK.

UK Chroma gets £30M for clinical trials

Chroma Therapeutics Ltd raised £30 million in a third private round, giving the chromatin specialist funding for the next three years and enabling it to advance the lead programme through Phase II clinical studies and bring two further products into the clinic.

Patent auction: many low bids, but some successes

Lots of buzz preceded what was billed as the world's first live, multi-lot technology patent auction on April 6, but reality failed to meet expectations for many of the inventors who put up 400-plus patents for sale.