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investment

Biopharmaceutical analytical and bioanalytical contract solutions provider, SGS, has revealed it is investing more than $1.7 million to expand its North American biopharmaceutical testing capabilities in Illinois. more

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Contract research organisation (CRO) for non-clinical research, Citoxlab, has signed an investment and partnership deal with Experimental Pharmacology and Oncology Berlin-Buch (EPO). more

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Newly formed drug discovery company, Azeria Therapeutics, has announced that it has successfully raised £4 million in a Series A investment round from the £70 million CRT Pioneer Fund, managed by Sixth Element Capital. more

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Vienna-based biotech company, PhagoMed Biopharma, has received more than €4 million in grants and private investments, which will be used to boost the development of alternative therapies to combat antibiotic-resistant bacteria. more

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In celebration of its 35th year, speciality enzyme company, Biocatalysts, has made a major investment into its future manufacturing capacity. more

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Siemens and Bentley Systems have agreed to further strengthen their strategic alliance and joint investment initiatives, increasing the joint innovation investment programme from €50 million to €100 million. more

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TraceLink has closed an investment round worth $93 million that will be used to speed up the expansion of information sharing network platform across the life sciences. more

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Ubiquigent — a company focused on enabling and supporting ubiquitin system targeted drug discovery — has been awarded a new grant from Innovate UK. more

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Commercial-stage company — Orchard Therapeutics — has completed its Series C financing round, raising $150 million to be used in the advancement of its gene therapy pipeline. more

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DNA Damage Response (DDR) company developing innovative treatments for cancer, Artios Pharma, has announced the completion of its Series B financing round in which it raised $84 million (£65 million). more

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A new survey from the manufacturers’ organisation, EEF, has demonstrated that manufacturers are becoming more fluent in their understanding of the fourth industrial revolution with more boosting investments, but further progress is required. more

Analysis

Pfizer — a US based manufacturing and supply company — has announced its $465 million investment to build an advanced sterile injectable pharmaceutical production facility in Portage, Michigan. more

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Aptamer Group — a biotech business — has closed its Series A financing round, securing $2.2 million from overseas investors to support its aptamer development programme. more

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Contract development and manufacturing organisation (CDMO), Juniper Pharma Services, has continued its strategic capital investment with the purchase of three additional pieces of processing equipment. more

Technology

Provider of integrated drug discovery services, BioAscent Discovery, has secured funding worth £1.6 million from Maven Capital Partners, which it will use for growth through its offering of integrated drug discovery and compound management services. more

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Biopharmaceutical company, NBE Therapeutics, has closed an extension of its Series B financing round with CHF 20 million investment from Novo Holdings, making it a major shareholder. more

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Data capture company, uMotif, has raised £2.4 million in its latest funding round, which was led by Albion Capital — an independent investment manager — along with several angel investors. more

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PCI Pharma Services has announced the installation and validation of its latest comprehensive serialisation system at its manufacturing Centre of Excellence in Tredegar, UK. more

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A new investment of almost £1 billion into the UK Research and Innovation (UKRI) Future Leaders Fellowship Scheme has been unveiled by business secretary Greg Clark and is anticipated to help make the UK a major hub for research and innovation. more

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Provider of research and development (R&D) analytics, PatSnap, has closed its Series D investment round, raising $38 million from three investors and raising the company’s total funding to date to more than $100 million. more

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