08:00 , Mar 18, 2002 |  BioCentury  |  Finance

Ebb & Flow

The quiet shuttering of the doors at DoubleTwist serves as a reminder that even smart money can get cooked when chasing the latest trend. On the promise of the marriage between information technology and life...
07:00 , Sep 11, 2000 |  BioCentury  |  Finance

What Europe needs to follow on

In hot equity markets, U.S. companies traditionally have not been bashful about floating an IPO and then returning in short order with a follow-on. But European biotech companies still face the challenge of convincing investors...
07:00 , Sep 6, 2000 |  BC Extra  |  Financial News

CropDesign raises $23.1 million

Agbiotech company CropDesign (Ghent, Belgium) raised EUR25.7 million ($23.1 million) in a venture financing. Investors included Gilde Europe Food and Agribusiness Fund; Burrill Agbio Capital Fund; Technolife 2010; BBL; De Vaderlandsche Insurance; KBC Group; GIMV;...
07:00 , Aug 7, 2000 |  BioCentury  |  Finance

Springloaded in Europe

While investors in NASDAQ-listed biotech IPOs have made quick paper gains, European biotech flotations are also providing investors with an opportunity to make a quick profit. Of the 11 European IPOs that have priced since...
07:00 , Jul 26, 2000 |  BC Extra  |  Financial News

Third Wave raises $48 million

Third Wave (Madison, Wis.), which is developing the Invader SNP detection system, raised $48 million in a private round. Investors included BB Biotech; Janus Capital; Putnam Investments; American Express; Scudder Funds; Invesco Funds Group; Tisch...
07:00 , May 10, 1999 |  BioCentury  |  Finance

Centocor coattails

Centocor coattails The persistent rumors about a possible takeout of Centocor (CNTO) by Johnson & Johnson prodded investors to lift the valuations of other independent large-cap biotech companies. Of the 17 companies tracked by BioCentury...
08:00 , Mar 22, 1999 |  BioCentury  |  Finance

Musical parents

- Oscar Wilde, The Importance Of Being Earnest Robertson Stephens will have a third parent company in as many years, as Fleet Financial Group announced plans to acquire Robbie's current parent, BancBoston, for $16 billion....
07:00 , Oct 12, 1998 |  BioCentury  |  Finance

Talk is cheap

M&A is the talk of the sector, but finding anything worth buying is easier said than done. Biogen (BGEN), whose stock has run up nicely over past 12 months, has an ongoing program to in-license...
07:00 , Aug 17, 1998 |  BioCentury  |  Finance

New frontier: Animal health

Summa Investments and Brakke Consulting have formed SBC Ventures, a venture-type fund that will invest in animal health and pet care technologies. The fund hopes to raise $100 million to invest in science-driven technologies such...
07:00 , Apr 20, 1998 |  BioCentury  |  Finance

Burrill's $100M+ agbio play

Burrill's $100M+ agbio play Burrill & Co.'s planned $110 million Burrill Agbio Capital Fund promises to bring some attention (and money) to agbio, a sector that has been consolidated by the giants and largely orphaned...