New nonprofit hopes to bridge the divide between academia, health care industry The Institute for Biomedical Entrepreneurship was incorporated last month to address one of the central problems facing the health care and biotech industry: transferring products from the bench to the bedside. Finalists for first-ever Aurora humanitarian prize announced The nonprofit 100 Lives launched last year, co-founded by Noubar Afeyan, CEO and co-founder of Flagship Ventures in in Cambridge. InVivo raises $28M in secondary stock offering Cambridge-based InVivoTherapeutics priced the offering at $7.50 per unit — consisting of one share of stock plus a warrant to buy another share for a price of $10 — and sold 3.73 million units. New cancer drugs push Dana-Farber's pharmacy costs skyward As insurers struggle to grapple with expensive specialty drugs, Dana-Farber Cancer Institute is also seeing a massive jump in pharmacy spending. |