Life-science briefing: Thursday, April 10, 2008

Life-science briefing: Thursday, April 10, 2008

TODAY’S HEADLINES:

HealthExtras buys venture-backed PBM HospiScript for $100M (release)
Urological device-maker NeoTract adds $7.4M (VentureWire)
RNAi-drug startup Intradigm seeks $35M (VentureWire)
Israel’s Arbel Medical raises $3.5M for tumor cryotherapy (release)

HealthExtras buys venture-backed PBM HospiScript for $100M — HospiScript Services, a Montgomery, Ala., prescription-benefits manager, agreed to be acquired… Continue Reading

ScaleMP debuts aggregate virtualization with $8M funding

A new sort of virtualization is appearing in companies like ScaleMP, which turns the conventional notion of splitting one server into multiple virtual systems on its head.

ScaleMP instead aggregates together multiple low-end systems to create a more powerful one. The technique can help with systems… Continue Reading