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Archive of: Technology & Biotech Biz Report

Title Issue

Arrowhead Pharma signs $250M deal

California-based Arrowhead Pharmaceuticals, which has most of its employees in Madison, has signed a $250 million deal with Janssen Pharmaceuticals that could grow to $3.7 billion. Janssen, a unit of Johnson & Johnson, would develop and commercialize Arrowhead’s latest product, a three-injection regime designed to treat Hepatitis B.

October 2018

Understory to raise $6.5 million

The Madison weather technology startup Understory has raised more than $6.5 million funding from eight investors, according to a report in Xconomy, although the size of the round could reach $8.2 million when completed. Understory operates weather-station networks that use technology to analyze and measure local weather data to better understand how weather events cause property damage.

October 2018

ImageMoverMD gets $1.6M

A Madison company has raised $1.6 million from a couple of unnamed investors.

October 2018

UW, Foxconn announce $100 million gift

In one of the largest gifts in the history of the University of Wisconsin–Madison, Foxconn Technology Group and the university have announced an agreement to invest $100 million in engineering and innovation research at the university while creating the framework for a science and technology institute that will collaborate with Foxconn’s facilities in southeast Wisconsin.

August 2018

Pfizer decision propels Exact Sciences

Beginning in the fourth quarter, Pfizer one of the world’s largest pharmaceutical companies, will put its marketing muscle behind Madison-based Exact Sciences’ Cologuard at-home, DNA stool test for colorectal cancer.

August 2018

Exact Sciences’ URP building design released

The $60 million, five-story Exact Sciences corporate headquarters building is taking shape with University Research Park’s release of the architectural rendering from Chicago architecture firm Valerio Dewalt Train Associates.

August 2018

UPDATE: UnityPoint Health class-action suit includes latest breach

In its second data breach this year, UnityPoint Health, parent of UnityPoint Health - Meriter in Madison is facing another class-action lawsuit related to compromising patient data.

August 2018

Bluetree Network expands

An Epic spinoff, Bluetree Network, has relocated to 1255 Fourier Drive in the Sauk Trails Plaza II building because it outgrew its Vernon Blvd. location near Hilldale Shopping Center.

August 2018

Arrowhead Pharma earns $10M

Pasadena, California-based Arrowhead Pharmaceuticals, which has most of its employees in Madison, earned a $10 million payment from Amgen, a worldwide biotechnology company to advance a drug, AMG 890, to Phase I clinical trials.

August 2018

Adorable acquired by Chicago firm

Chicago-based software developer 8th Light has purchased Madison-based software development startup Adorable for an undisclosed amount.

July 2018
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