Author: WTN News

As the topic of financing is vital to a biotech company (it is priority #1, #2, and #3) and biotech companies are continually faced with the challenge of raising money due to the long product development cycle, this week's article will focus on venture capital...

State spending on information technology may soon be subject to an audit to determine how multiple public projects, costing tens of millions of dollars each, have failed to deliver on their promises....

Sonic Foundry said its revenues for the quarter ended December 31 were up 18 percent year-to-year. The firm took in $1.9 million for the quarter, compared to $1.6 million a year ago....

Mithridion, the University of Wisconsin-Madison spinoff developing a drug for people with Alzheimer's disease, has closed its first round of financing with $1.6 million that will go toward buying lab equipment, hiring scientists and developing drug candidates....