Auxilius, a company specializing in Clinical Trial Financial Management (CTFM) software for the biopharma industry, has recently raised $10 million in financing led by SignalFire. With an astounding 800% year-over-year growth in annual recurring revenue (ARR) for 2023, this upsurge underscores the
The biopharma industry stands at the crossroads of innovation and necessity as it leans into the burgeoning field of immunology. With the global immunology market anticipated to grow exponentially in the coming years, reaching numbers second only to oncology, major players and emerging startups
The biopharmaceutical industry is currently experiencing a profound transformation, as companies, both large and small, are compelled to reassess their workforce levels. This sweeping realignment is a result of several factors influencing the sector, including diminished funding opportunities, the
The seamless integration of technology into the fabric of scientific research has brought about a seminal shift in the analytical instrument industry. Key industry players have long recognized that innovation is not just a buzzword but the fundamental driver of growth and efficiency in the lab.
The winds of change are coursing through the corridors of the European Union (EU) institutions as sweeping reforms to pharmaceutical legislation are poised to redefine the biopharmaceutical playing field. Originating from the European Commission's Pharmaceutical Strategy for Europe, these
In the ever-evolving landscape of medical treatments, cell therapy emerges as a vivid illustration of how cutting-edge science can unlock new horizons in healthcare. This article delves into the transformative world of cell therapy, highlighting its current state, potential, and the multifaceted
The biopharmaceutical industry is at a critical juncture, facing the pressing need to incorporate sustainability into its growth and innovation strategies. The rise of artificial intelligence (AI) presents both opportunities and challenges in this quest. While AI has demonstrated a profound ability
The two companies leading the charge in integrating human physiology with machinery, Neuralink and Synchron, have both entered the human clinical trials stage of research and development. Both companies aim to improve and eventually restore patients’ mobility, filling the unmet medical needs of m
In a significant stride for medical science, PhoreMost Ltd., a biotechnological innovator, has forged a promising path in retinal therapy through its alliance with the pharmaceutical giant Boehringer Ingelheim. The joint venture, which kicked off in January 2020, has recently celebrated a crucial
The relentless progress of medical technology regularly unlocks new arenas in the battle against disease, with one of the most notable being the potent capabilities of Natural Killer (NK) cell therapies. As critical members of the immune system, NK cells have become the cornerstone of an innovative
