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Illumina buying cancer-screening spinout Grail in blockbuster $8B biotech deal

Biotech has become one of the hottest areas of venture investment in recent years, as progress in machine learning, genetics, medical devices and biology fuse together into new products for the gargantuan health industry. Case in point: Grail, which began in 2016 as a spinoff from genetic sequencing giant Illumina […]

Bit Bio’s “enter button for the keyboard to the software of life” nabs the company $41.5 million

Bit Bio, the new startup which pitches itself as the “enter button for the keyboard to the software of life” only needed three weeks to raise its latest $41.5 million round of funding. Originally known as Elpis Biotechnology and named for the Greek goddess of hope, the Cambridge, England-based company […]

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LetsGetChecked raises $71 million as COVID-19 epidemic makes home-testing increasingly vital

As the country wrestles with the COVID-19 epidemic, home health testing, checkups and diagnostics have never been more important and companies like LetsGetChecked are filling a void left in a U.S. healthcare system consumed by the outbreak. The surge in demand for the company’s services has led to an equal […]