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Illinois Endotronix Acquired by Edwards Lifesciences in Major Healthcare Deal

Illinois Endotronix Acquired by Edwards Lifesciences in Major Healthcare Deal

by John Conrad | Jul 24, 2024 | NewsBrief

In a significant development for Illinois’ healthcare technology sector,  Endotronix has been acquired by Edwards Lifesciences, a global leader in patient-focused innovations for structural heart disease and critical care monitoring. This acquisition marks a...
UChicago and Orange Grove Bio Partner to Boost Chicago’s Biotech Ecosystem

UChicago and Orange Grove Bio Partner to Boost Chicago’s Biotech Ecosystem

by John Conrad | Jul 24, 2024 | NewsBrief

The University of Chicago’s Polsky Center for Entrepreneurship and Innovation has forged a strategic partnership with Orange Grove Bio (OGB), an integrated biopharmaceutical company, in a move set to accelerate biotech innovation and commercialization. This...
Chicago-based Valinor Pharma Acquired by Grünenthal in $250 Million Deal

Chicago-based Valinor Pharma Acquired by Grünenthal in $250 Million Deal

by John Conrad | Jul 24, 2024 | NewsBrief

Valinor Pharma, LLC (“Valinor”) has announced its acquisition by Grünenthal in an all-stock deal valued at approximately $250 million in upfront cash consideration. This acquisition marks a significant milestone for Valinor, which has owned the global...
Biotech’s Resurgence: A Mid-2024 Industry Pulse Check

Biotech’s Resurgence: A Mid-2024 Industry Pulse Check

by John Conrad | Jul 22, 2024 | iBIO News

The biotech sector has experienced a remarkable turnaround in 2024, with the SPDR S&P Biotech ETF (XBI) climbing 22% from its April low and posting an 11% year-to-date gain. This recovery reflects renewed optimism in an industry that has overcome significant...
Meitheal Pharmaceuticals Acquires Rights to Novel Antibiotic CONTEPO™

Meitheal Pharmaceuticals Acquires Rights to Novel Antibiotic CONTEPO™

by John Conrad | Jul 19, 2024 | NewsBrief

In a strategic move to expand its specialty biopharmaceuticals portfolio, Meitheal Pharmaceuticals has acquired the North American rights to CONTEPO™ (fosfomycin for injection) from Nabriva Therapeutics. The announcement, made on July 18, 2024, marks a significant...
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