Business and Technology News

Business, Life Sciences, and Technology News

Lucence, a genomic medicine company developing blood-based tests for cancer screening and treatment selection, announced this week the close of a $20 million Series A funding round led by IHH Healthcare. CEO and founder Min-Han Tan (pictured) says the investment will be used to scale the Singapore-based company’s clinical lab operations—notably in the US, with […]

Underdog Pharmaceuticals has launched with nearly $4 million in seed funding to develop treatments for atherosclerosis, a progressive condition in which arteries become clogged with substances such as fats and cholesterol, which restricts blood flow. Based in Mountain View, CA, Underdog is a spinout of the nonprofit SENS Research Foundation (SRF). Matthew O’Connor and Michael […]

Lung injuries connected to the use of electronic cigarettes have topped 2,000 and killed 40 people, according to the Centers for Disease Control and Prevention. It’s still unclear whether the cases are tied to legally sold products or devices modified by e-cigarette users, but the CDC this week identified a “potential toxin of concern”—Vitamin E […]

The list of activities our smartphones can control grows daily. Transfer money? It’s simple. Order groceries? That, too. Turn off the bedroom lights? Check. How about contraception? Advancing new forms of birth control is a central focus at Daré Bioscience (NASDAQ: DARE), a San Diego-based biopharma company that’s built a pipeline of experimental devices and […]

Earlier this year, Avidity Biosciences and Eli Lilly began a partnership to develop new drugs based on the biotech’s technology for delivering genetic material to cells. On Wednesday, Lilly was among a group of investors that joined a $100 million financing for the company. The funding, a Series C round, was led by RTW Investments. […]

Section Page news and features from Crain's New York Business

House Democrats have chosen New York Rep. Carolyn Maloney to lead the powerful House Oversight and Reform Committee. She’s the first woman to hold the job.Maloney defeated Virginia Rep. Gerry...

To view the full story, click the title link.

Potential out-of-pocket costs for New Yorkers with job-based coverage grew by nearly two-thirds in a 10-year span, rising faster than median income, according to a report published today by the...

To view the full story, click the title link.

As he moves toward a presidential announcement, New York billionaire Michael Bloomberg is rolling out plans to spend an estimated $15 million to $20 million on a voter registration drive designed to...

To view the full story, click the title link.

A report that could guide the of in nearly 50 years recommends city planners allow for a wider range of retail uses in the neighborhoods and create a pathway for more people to be allowed to live...

To view the full story, click the title link.

'Tis the season for Wall Street strategists to predict what they think will happen in the markets next year. As the 2020 forecasts start dribbling out, it has become clear that the market is focused...

To view the full story, click the title link.

A federal jury in New York is set to start mulling the fate of former JPMorgan Chase & Co. banker Akshay Aiyer, who is accused of conspiring with traders at other banks to eliminate competition by...

To view the full story, click the title link.

The move could hamstring the Chinese tech giant if it prevents the firm’s customers from getting the latest versions of services such as Maps and Gmail.

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Artificial intelligence may help doctors make more accurate readings of CT scans used to screen for lung cancer.

The great hope for people without a bachelor’s degree hasn’t yet spread beyond small-scale success stories.

When it comes to disinformation, all signs suggest the 2020 presidential campaign will make 2016 look like a mere test run, our columnist writes.

The price was relatively small, but the deal may have a big impact on the race between the United States and China to build more powerful computers.