The University of Delaware is making major strides in the biopharma sector by launching the new SABRE Center. Backed by $45 million in federal funding, including $10 million from the American Rescue Plan, this 90,000-square-foot hub is set to propel the university into a leader in biopharmaceutical
In a significant financial development, BioPharma Credit (BPCR) has formed a strategic alliance with Tarsus Pharmaceuticals by extending a substantial $100 million loan to the biopharmaceutical company. This partnership underscores the increasing trend of direct lending in the specialized sector of
Venture capital investments in the biotech industry saw remarkable growth in 2024, reflecting heightened innovation and advancement. The updated Fierce Biotech Fundraising Tracker now reports on all investment rounds over $50 million, showcasing increased investor confidence in groundbreaking
In a decisive response to safeguard the stability of the financial system, the United States government has stepped forward with a bold assurance directed at customers of the recently collapsed Silicon Valley Bank (SVB). Officials have made a clear commitment that starting Monday, those affected
The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL) has recently announced an ambitious new program, Project Call 7.1, to stimulate advancement in biopharmaceutical production and broaden workforce capabilities. With a funding pool of around $10 million, NIIMBL plans
Battling the scourge of cancer remains a critical challenge in healthcare, particularly in catching the disease in its nascent stages when treatment options have a higher chance of success. The fight has been significantly strengthened at the University of Cambridge, thanks to a substantial £11
