Venture Capital

Coastal investors are no longer parochial risk takers when it comes to putting their money where their healthcare is, and the Midwest is benefiting from the trend, according to a new report from the Cleveland-based BioEnterprise....

A modest income tax cut is among the legislative measures contained in Invest 2.0, the second generation economic development package introduced by a group of lawmakers led by State Sen. Ted Kanavas, R-Brookfield....

Wisconsin continues to move forward in attracting venture capital, but the pace of progress is still slow, according to a recent venture capital report. Despite a growing tech industry, the state captured less than one percent of total venture dollars invested....

Cytochroma, a Canadian biotechnology firm that plans to open a facility in Madison in 2007, has raised $21 million in venture capital to start clinical trials for its vitamin D products. The firm is managed by former employees of Bone Care International who are being...

Mirus Bio, a Madison biotechnology company, has entered into a milestone agreement with pharmaceutical giant Pfizer to develop gene suppression techniques for the development of drugs. The agreement will enable Mirus to further develop two platform technologies used to deliver nucleic acid to the bloodstream...

BioSystem Development, a Middleton biotech firm that has developed a new system for protein analysis, will receive more than $700,000 in equity funding from two Wisconsin angel investment groups....

Third Wave Technologies has applied for Food and Drug Administration approval of a new molecular test to detect Cystic Fibrosis, a hereditary disease that affects 30,000 Americans. The company filed a 510(k), a type of application that helps companies get their products on the U.S....

Pharma stocks had a mixed performance in 2006, and merger and acquisition activity was the name of the game for the likes of Abbott Labs, 3M, and Monsanto, according to columnist Michael Rosen. In this edition of Yer Biotech Blues, he predicts the M&A trend...

Wisconsin made moderate progress as a “Knowledge Economy” state in 2006, according to Inside Wisconsin columnist Tom Still, but the state has plenty of hard work ahead on investment, biofuel development, and IT labor needs. Instead of free tuition for college grads that promise to...

In the view of venture investors and others in the technology community, Wisconsin Act 255, the law designed to spur greater venture investment in Wisconsin companies, is a good model with significant room for improvement. The Wisconsin Technology Council has made recommendations designed to...