Wuxi NextCode has achieved a final close of its Amgen Ventures-backed series B round at $240m with additional commitments from investors including Temasek.

Medical device producer NeoTract has agreed to be acquired by Teleflex for $1.1bn, giving an exit to Johnson & Johnson, a notable deal in a field where corporate commitments have been on the rise.

Led by McKesson Ventures, the money will support accelerated company growth.

Pfizer and Ipsen-backed Rhythm Pharmaceuticals has filed for an initial public offering on Nasdaq.

The university venture fund, backed by UZH Foundation and Novartis Venture Fund, has made its first investment in a University of Zurich spinout, Cutiss.

University of Minnesota has spun out CoreBiome, which will commercialise genomic and informatics technology aimed at the agricultural, environmental and healthcare sectors.