Tag Archives: million

Rockley Photonics, a leading integrated silicon photonic solution provider, closes additional $65 million to accelerate growth

Oxford, UK and Pasadena, California, 29 January 2021 – Rockley Photonics, a leading integrated optics solutions provider, today announced that it has closed an additional $ 65m round of growth capital from both new private funds and follow-on existing investor Morningside Ventures. To date, Rockley has raised over $ 290m of financing to develop its… Read More »

This Biotech Startup Just Raised $47 Million To Make Drugs From Fungi

Fungi in the lab Hexagon Bio In 1928, a Scottish researcher by the name of Alexander Fleming came back from vacation to discover that he’d accidentally grown a species of fungi called Penicillium on a petri dish containing bacteria. The fungi, to Fleming’s surprise, appeared to be keeping the growth of that bacteria at bay.… Read More »

Health system pays $575 million to settle anti-trust lawsuit

One of Northern California’s largest health systems is paying $ 575 million to settle claims that it used anti-competitive practices to bump up costs for patients By DON THOMPSON Associated Press December 20, 2019, 10:58 PM 4 min read SACRAMENTO, Calif. — One of Northern California’s largest health systems will pay $ 575 million to… Read More »