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  • December 01, 2016 01:10:20 AM

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Startup TechWire reports on business, innovation, and education for America's vibrant startup community.

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Vast Therapeutics Announces Results Showing Ability to Eradicate Anthrax

DURHAM, N.C. -- Vast Therapeutics, Inc. (the Company), a preclinical stage pharmaceutical company delivering nitric oxide in a powder-based form, announced today that the Company’s drug candidate, BIOC51, is active against Bacillus anthracis, commonly known as anthrax, in an in vitro study carried out at Lovelace Biomedical.Dr. Mark Schoenfisch, President and CSO of Vast Therapeutics stated, “We believed our technology would be effective against anthrax as we had already demonstrated...

Beverage Technology Startup Secures Series-A Funding at CES

RESTON, Va. -- LifeFuels, the creator of the world's first portable beverage maker, will be attending CES 2019 with a success story that has been three years in the making. The Reston, VA-based startup attended CES in 2016 where they first pitched LifeFuels. Self-funded at the time, the small team came eager to validate the concept of its product and meet potential partners. The beverage technology pitch included three components - a sleek technology-packed smart bottle, multi-serve beverage...

Lilly Announces Agreement To Acquire Loxo Oncology

INDIANAPOLIS and STAMFORD, Conn. -- Eli Lilly and Company (NYSE: LLY) and Loxo Oncology, Inc. (NASDAQ: LOXO) today announced a definitive agreement for Lilly to acquire Loxo Oncology for $235.00 per share in cash, or approximately $8.0 billion. Loxo Oncology is a biopharmaceutical company focused on the development and commercialization of highly selective medicines for patients with genomically defined cancers.The acquisition would be the largest and latest in a series of transactions Lilly...

Myers Bigel Attorney, Duke Law Grad Laura Kelley Teaching Patent Class at Duke Law

RALEIGH, N.C.--Myers Bigel, the largest independent patent law firm in the Carolinas, is pleased to announce that attorney Laura Kelley will be teaching the class “Patent Claim Drafting and Foundations of Patent Strategy” at the Duke University School of Law in the Spring 2019 semester. Kelley received her Juris Doctor, with high honors, from Duke Law in 2000.  This is her second semester teaching a Patent Claims Drafting Class, and she is looking forward to the opportunity to work...

Sense Photonics and Infineon Technologies to Showcase Technology at CES 2019

DURHAM, N.C. -- Sense Photonics, a technology startup building high-performance flash LiDAR systems, is partnering with Infineon Technologies AG, a world leader in semiconductor solutions, to deliver the next revolution in LiDAR for autonomous vehicles, industrial robotics, environmental monitoring and other applications. Sense Photonics' prototype system will be showcased at Infineon's booth in the Smart Cities Marketplace at the Westgate (#1810) from January 8th-11th. Sense Photonics' core...

Schaeffler Partners with Plug and Play to Expand Its Startup Network in the U.S.

FORT MILL, S.C. & SUNNYVALE, Calif. -- Global industrial and automotive supplier Schaeffler has entered into a partnership with Plug and Play, a Silicon Valley-based innovation platform that connects startups with established corporations and venture capitalists. Of the 14 industry-specific programs offered by Plug and Play, Schaeffer will focus on technologies from the Mobility and Internet of Things (IoT) verticals, while also keeping an eye on innovations coming out of Energy, New...

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