How Roche’s new deal with LumiraDx will transform Point of Care testing forever

How Roche’s new deal with LumiraDx will transform Point of Care testing forever

Roche Holding AG has finalised its acquisition of LumiraDx’s innovative Point of Care technology, a strategic move aimed at enhancing its diagnostic portfolio and expanding global access to essential healthcare. The completion of this acquisition, following all necessary antitrust and regulatory approvals, marks a significant milestone for Roche as it integrates LumiraDx’s multi-assay point of […]

Vedanta Biosciences secures $27m to propel microbiome drug pipeline

Vedanta Biosciences secures $27m to propel microbiome drug pipeline

US-based Vedanta Biosciences has raised $27 million in a Series C financing round to accelerate its pioneering work on microbiome-derived therapeutics. The funding round attracted prominent backers, including the Bill & Melinda Gates Foundation, Bristol-Myers Squibb, Rock Springs Capital, Invesco Asset Management, Seventure Partners, and its founder, PureTech Health. Pipeline advancement plans The company plans […]