Eli Lilly-backed biotech companies HJB and MabSpace have agreed to merge into a newly formed business called Transcenta.

Boston Scientific has exercised its option to wholly acquire Millipede, based on research at Michigan, having purchased a $90m stake in the mitral regurgitation treatment device maker last year.

Boston Scientific has exercised its option to wholly acquire Millipede, having purchased a $90m stake in the mitral regurgitation treatment device maker last year.

Tencent owns a 38% stake in the online brokerage, which has filed to go public in the US with a smaller target than previously reported.

The immuno-oncology drug developer has filed for an $86.5m offering, having raised more than $115m in equity funding from investors including Taiho and Eli Lilly.

Cisco and Ingram Micro are among the investors in virtualisation software producer Parallels, which has been acquired by Corel for an undisclosed sum.

YouGov has purchased the AI-powered social analytics startup, one of its portfolio companies, to broaden its social monitoring and data science analytics tools.

The Rakuten-backed social media and e-commerce company, valued at more than $12bn, will select underwriters next month and could go public as soon as April.

Tencent reportedly owns more than 30% of online brokerage Futu Securities, which has confidentially filed to go public, targeting a $2.5bn valuation.

The Qualcomm-backed AR and computer vision technology developer is seeking a buyer after a shareholder vetoed a new fundraise.