News

Yaso Therapeutics Receives $2 Million Award from NICHD

Yaso Therapeutics, Inc. announces the award of a fourth SBIR grant from the National Institutes of Health (NIH), enabling the firm to complete preclinical testing of a novel polymer, PPCM, as a contraceptive.…

Dr. Dan Billadeau Joins the Advisory Board

Actuate Therapeutics, Inc., a Chicago-based biopharmaceutical company, today announced the appointment of Francis J. Giles, MB, MD, FRCPI, FRCPath to the newly created position of Chief Medical Officer (CMO). Dr. Giles will be…

Launch of $100 Million IPO

Cancer treatment company G1 Therapeutics (Pending:GTHX) has filed proposed terms for its $100 million IPO, aiming to sell 6.25 million shares of its common stock at a midpoint price of $16.00 per share.…

G1 Therapeutics Raises $94 Million in Equity Financing

Pharmaceutical giants Pfizer and Novartis were first to gain regulatory approval with drugs that block a pair of enzymes important to tumor growth in breast cancer. Clinical-stage biotech G1 Therapeutics has a different…

IllinoisVENTURES Closes Investment in Medical Device Company

IllinoisVENTURES closed an investment in Cast21, a medical device company developing an alternative orthopedic cast for use in treating fractures, and EnterpriseWorks tenant.  MB Venture Partners, Innova Memphis, and Bindley Capital also participated…

AddStructure Closes Funding Round A for Seed Funding

AddStructure, a startup star of last year’s Target + Techstars retail accelerator program, has raised $1.4 million in seed funding from Best Buy, Techstars Ventures and other parties as it continues to develop…

EnterpriseWorks Expanding Research Park

EnterpriseWorks Research Park is out of space and is working with Fox/Atkins on two new buildings scheduled to open in 2017 with a $13 million total investment anticipated. City incentives and development terms…

IllinoisVENTURES Hosts an “Evening at MATTER”

IllinoisVENTURES hosted an “Evening at Matter” event on December 7 along with UIC faculty, staff, the UIC Office of Technology Management, and corporate partners. UIC faculty and staff were invited to spend an…