Gilead invests another $145M into expanded oncology pact with Tango Therapeutics

Biotech company Gilead Sciences is expanding a partnership with a company using synthetic lethality to discover drug targets in oncology. Foster City, California-based Gilead said Monday that it would build on the deal it made in 2018 with Cambridge, Massachusetts-based Tango Therapeutics. Under the agreement, privately held Tango will receive $125 million in upfront...

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Carrot Fertility plans expansion with $24M in new funding

Carrot Fertility, a startup managing fertility benefits for employers, raised $24 million in funding. U.S. Venture Partners led the series B round, with participation from F-Prime Capital, bringing the total amount the startup has raised to date to $40 million. The company plans to use the new funds to further its global expansion and...

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Interest in rapid Covid-19 antigen tests continues despite accuracy concerns

The governor of Ohio receiving inaccurate results from a rapid Covid-19 test has raised alarms about the tests’ reliability, but it has not necessarily dampened interest in them. Earlier this month, it was reported that Ohio Gov. Mike DeWine received a result from a rapid antigen test stating that he was infected with Covid-19....