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people , Medical Diagnostics , Genetic Analysis Tools
Bruce V. Bigelow wrote:
Enigma Diagnostics, the UK genetic diagnosis instrument maker that is setting up its U.S. shop in San Diego , today named Jorge Garces as president and CEO of the U.S. team. Garces was previously a vice ...
Other
deals , Internet , Angel Capital
Gregory T. Huang wrote:
Seattle-based EVO Media , creator of the DevHub Web publishing platform for managing and monetizing niche websites, has closed a $1.5 million round of equity financing. The investors include Jeff Schrock, Geoff Entress, John ...
Hedge Funds
John Paulson
Internet , community , Xconomy
Gregory T. Huang wrote:
Going… going… I can count on one hand the number of tickets left for our Monday, Nov. 30 event on The Future of Search and Information Discovery at the UW. Other than the fact that it conflicts with the titanic Monday Night ...
Government
Economic Blog
Microsoft
Social Democrats
Vulcan Capital
Andrew Cuomo
Community Reinvestment Act
startups , Venture Capital , culture
Bruce V. Bigelow wrote:
Not long ago, one of my Xconomy colleagues in Seattle posted a provocative piece about startup failures and suggested the startup culture in some cities—especially the San Francisco Bay Area—is far more ...
Other
Economic Blog
Biotech , deals , Finances
Luke Timmerman wrote:
San Diego-based Illumina (NASDAQ: ILMN ) said today that its board has authorized a program to buy back $100 million of stock. The new program is on top of a $75 million share repurchase program the company announced in August.
...
Other
energy , investment , Massachusetts
Wade Roush wrote:
Massachusetts Governor Deval Patrick signed legislation this week that gives the Renewable Energy Trust , formerly a unit of the quasi-public Massachusetts Technology Collaborative, a new home: the Massachusetts Clean Energy ...
Other
Free Food , Xconomy , events
Wade Roush wrote:
Calling all startup entrepreneurs, tech & life sciences veterans, and Xconomy fans: If you haven’t left town for Thanksgiving yet and you fancy a free slice or two, come on over to our Cambridge office today at noon for an ...
Other
Economic Blog
University of Cambridge
Life Sciences , deals , Asthma
Ryan McBride wrote:
Idera Pharmaceuticals said this morning that it’s losing one of its three key Big Pharma partners. Swiss drug giant Novartis has told Cambridge, MA-based Idera (NASDAQ: IDRA ) that it will terminate their four-year-old ...
Stocks
Economic Blog
Merck & Co.
IT , deals , VC
Wade Roush wrote:
AutoVirt just keeps adding to its Series A round. In January 2008, the Nashua, NH-based data migration startup announced it had raised $4 million from Kepha Partners and Sigma Partners. In November 2008, the same funders pitched in $4 million more . ...
Stocks
Sigma Partners
Gartner
Visteon
Biotech , Liver Disease , Drugs
Luke Timmerman wrote:
The liver is hot in the biotech world. Cambridge, MA-based Vertex Pharmaceuticals (NASDAQ: VRTX ) has made headlines this year with an antiviral drug that it hopes will do for hepatitis C—a chronic liver-damaging condition ...
Venture Capital
Economic Blog
Domain Associates,
InterWest Partners
Thomas, McNerney & Partners
Capital Partners
Henry Paulson
Roundup , Biotech , cancer
Luke Timmerman wrote:
A flurry of Seattle biotech news kept us very busy around here right before the holiday.
—The parents of Amazon.com founder Jeff Bezos made one of the largest private donations ever to the Fred Hutchinson Cancer Research ...
Stocks
Economic Blog
DuPont
University of Cambridge
Life Sciences , deals , Multiple Sclerosis
Ryan McBride wrote:
Xconomy’s life sciences coverage this past week featured a mix of exclusive feature stories—such as Luke’s analysis of the PML side effect from Biogen Idec’s natalizumab (Tysabri)—and ...
Stocks
Economic Blog
Harvard University
Genentech
Amgen
Flagship Ventures
Biogen Idec
people , Software , IT
Gregory T. Huang wrote:
Redmond, WA-based Microsoft (NASDAQ: MSFT ) said today that chief financial officer Chris Liddell is leaving the company at the end of this year to pursue other opportunities. He will be succeeded by Peter Klein, who is currently the ...
Stocks
Microsoft
Risk Management
Personal Finance
Peter Fisher
AQuantive
Chris Dodd
Smart Grid , energy , cleantech
Bruce V. Bigelow wrote:
U.S. Energy Secretary Steven Chu said today the Department of Energy is awarding $620 million for smart grid projects around the country, but a San Diego coalition that sought $100 million was not on the list. The coalition, ...
Stocks
Stimulus Plan
Economic Blog
Sempra Energy
deals , VC , Software
Gregory T. Huang wrote:
Seattle-based Datacastle , the data backup and recovery software firm, has closed a $3 million funding round, according to CEO and president Ron Faith. The round was led by existing investor CM Capital Investments, a leading venture firm ...
Stocks
Economic Blog
Canadian Imperial Bank of Commerce
wireless , technology licensing , European Union
Bruce V. Bigelow wrote:
Word from Brussels today has removed a big unknown that was weighing on San Diego wireless giant Qualcomm and its global technology licensing strategy. European Union antitrust regulators say they are dropping ...
Stocks
Qualcomm
European Union
Free Food , startups , Xconomy
Wade Roush wrote:
How do you tell the hardcore innovators and entrepreneurs from the sissies? They’re the ones who are still working on the Wednesday before Thanksgiving.
To celebrate all that hard work—and to nourish our loyal readers ...
Other
Economic Blog
Gaming , Mobile , trends
Gregory T. Huang wrote:
Heading into the holidays, it seems like a good time to look at what’s going on in the gaming space around Seattle. While the core gaming giants like Xbox, Nintendo, Valve, and Bungie are gearing up for a busy shopping season, the ...
