Life-science briefing: Friday, April 11, 2008
TODAY’S HEADLINES:
Stent maker IDev Tech raises $25M (VentureWire)
Xytis gets $15M for brain-injury drugs (VentureWire)
Diagnostic maker Iris Biotech plans to go public, launch breast-cancer test (Edgar)
RiverVest Venture Partners raises $75M life-science fund (release)
Concentric Medical names Maria Sainz CEO (release)
[Note: I’m a little sad to announce that this will be my last life-science briefing at VentureBeat, although with luck, it won’t be the end of my time here. Starting Monday, I’ll be blogging regularly on the drug industry and… Continue Reading
Roundup: Websites become more vulnerable to lawsuits, Meevee looks for buyers, and more
Here’s the latest action:
Rulings could make website owners more vulnerable to lawsuits — Decisions made by judges in two separate cases, against Friendfinder.com and Roommates.com, could expose websites to potentially harmful lawsuits, according to an article on CNET. Websites were previously immune to most lawsuits based on content added to their sites by others.
Video search firm Meevee wants to throw in the towel — “Combining with an established player will maximize the potential for the… Continue Reading