Not exact matches
• Ribometrix Inc, a Greenville, N.C. -
based biotech company focused on developing
small molecule modulators of RNA to treat disease, raised $ 7.5 million in seed funding.
A study by UK -
based Critical Limited, a consulting
company, shows that while the number of
biotech companies in Europe and the United States is almost equal, European
companies are much
smaller and have very few products in later stages.
You need that kind of communication just to get anything done in a
small biotech company, says Douglas Gjerde, CEO of San Jose, California -
based PhyNexus.
«Because it's a new industry and BC is emerging as a very strong
biotech base in the world, it's an exciting time to get involved in a
small company and to grow with it,» says Oliver.
The manufacturing
base once represented by such legendary firms as Analog Devices, Polaroid and Lotus is being replaced by
smaller software and
biotech upstart
companies, including ITA Software and Akamai.