Business in Brief
A round-up of this month’s business news, from COVID-19 assays to AI-driven cancer diagnosis
- Digital Science named SciSwipe and SciFlow as the latest winners of its prestigious Catalyst Grant. The award offers up to £25,000 ($30,000) for concepts with the potential to transform scientific and academic research (1).
- Digital Science named SciSwipe and SciFlow as the latest winners of its prestigious Catalyst Grant. The award offers up to £25,000 ($30,000) for concepts with the potential to transform scientific and academic research (1).
- Dutch biotech company Toxys raises €2 million financing for the global expansion of its animal-free safety testing for novel medicines, chemicals, cosmetics, and food. Toxys will also use the funding to speed-up implementation of its toxicology assays for regulatory applications (2).
- Agilent Technologies has announced a partnership with Visiopharm to ensure standardized cancer diagnosis using artificial intelligence-driven solutions. It is hoped the comarketing relationship will lead to offering that accelerate diagnoses for patients (3).
- The FDA has issued an emergency use authorization for a Thermo Fisher Scientific’s diagnostic test for SARS-CoV-2 – the virus that causes COVID-19. The test uses Applied Biosystems TaqPath Assay technology and is designed to provide patient results within four hours (4).
- Tasso Inc has completed a $6.1 million financing round led by Vertical Venture Partners, with participation from Techstars and Cedars-Sinai. The funding will help Tasso scale its first product, Tasso OnDemand, a patient-centric sampling platform featured in our 2019 Innovation Awards, and grow their team to support significant commercial interest (5).
- Digital Science (2020). Available at: https://bit.ly/2UPjKJf
- Toxys (2020). Available at: https://bit.ly/3dNpf3w
- Business Wire (2020). Available at: https://bwnews.pr/2X17LLs
- Thermo Fisher (2020). Available at: https://bit.ly/342j9bg
- Vertical Venture Partners (2020). Available at: https://bit.ly/3aAND6y
