CNine Bioscolutions, a US-based biomedical spinout from University of Alabama at Birmingham (UAB), has secured $2m in a seed round backed by assorted angel investors, according to the Birmingham Business Journal. CNine is developing a test that can determine whether a patient’s meningitis is caused by bacterial or viral infections. Bacterial meningitis is generally much more serious than viral meningitis and requires immediate intervention. Current tests produce 10% to 30% false positives and lab tests often require hospital visits, making…
Deal net: 23 – 27 April 2018
Apr 27, 2018 •
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University of Notre Dame tries new, supersized approach to creating spinouts
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A new $35m fund will be managed by external venture studio High Alpha Innovation and will work with the university on creating new startups.
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