Weekly roundup of news from the past seven days.
This week’s news
Fusion sees its investments on the rise
Fusion IP records £1.2m pre-tax loss while the value its investments increase.
Invesco fund manager Neil Woodford announces resignation after 25 years with the firm.
Spin-outs diagnose collaboration
Fusion Antibodies and Isca Diagnostics announce collaboration on antibodies.
PureVLC, an Edinburgh spin-out, announces new Chairman, board changes, and a new name.
AstraZeneca buys Spirogen for $440m
Pharmaceutical giant AstraZeneca writes $440m cheque for UCL spin-out Spirogen.
Connecticut Innovations leads $1.8m series B in Yale-linked Precipio.
Edutech startup Panorama Education receives $4m seed round from backers including Mark Zuckerberg, Google, and Yale.
The UK’s technology sector underlined as a key generator of growth for the country.
Oklahoma State University will appoint a new vice president for research and technology transfer as incumbent Stephen McKeever steps down after ten years.
CYP Design, a spin-out of De Montfort University, receives unspecified seed fund from investment firm Mercia.
Rochester gears up on tech transfer
The University of Rochester renames its TTO URVentures ahead of major push on commercialisation.
Osage backs Sideris $32m series A
University venture fund Osage University Partners backs Sideris Pharmaceuticals in $32m series A.
University of Western Australia life sciences spin-out iCeutica has its lead drug approved by the FDA.
Queen’s University spin-out Sparq raises $2.75m for cleantech microinverters.
Duke spin-out Aerie Pharmaceuticals sets its pre-IPO price range.
Peer-to-peer lending platform Funding Circle extends reach across the Atlantic with $37m venture backing.