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The 50 best-funded biotech companies of 2026
2026-08-14
This ranking tracks 50 private biotechs that announced or disclosed financing between January 1 and August 12, 2026, based on cumulative equity raised. Isomorphic Labs, despite raising $2.7 billion, is excluded due to Alphabet's majority control, leaving Rakuten Medical at the top with over $809 million. Earendil Labs ($787M) and NewLimit ($760M) round out the top three, focusing on AI-driven biologics and longevity medicine, respectively.
Illumina Reports Financial Results for Second Quarter of Fiscal Year 2026
2026-08-03
Illumina, Inc. (Nasdaq: ILMN) ("Illumina" or the "company") today announced its financial results for the second quarter of fiscal year 2026.
"BMS Unleashes Life Sciences' Most Powerful AI Supercomputer with NVIDIA's Next-Gen Rubin GPUs"
2026-07-29
Bristol Myers Squibb is deploying an NVIDIA DGX SuperPOD with eight Vera Rubin NVL72 racks (576 Rubin GPUs), claiming it as life sciences' most powerful single-owned AI infrastructure. This follows Lilly's October 2025 supercomputer and Roche's March 2026 AI factory. BMS, which has operated a DGX SuperPOD since 2024, is expanding and combining systems. The new cluster offers ~10.1 exaflops peak dense FP8 training performance and 166 TB memory.
FDA approves Freenome's blood test for colorectal cancer screening
2026-07-28
The U.S. FDA has approved Freenome's SimpleScreen CRC, a blood-based screening test for colorectal cancer in adults aged 45 and older—the company's first commercial product. Partner Abbott will exclusively commercialize it in the U.S. starting this fall, competing with Guardant Health's Shield test. The test detects cancer signals from circulating DNA fragments. In a 48,000-person study, it showed 81.1% sensitivity for colorectal cancer and 13.7% for advanced precancerous growths
Roche receives FDA clearance for the cobas® BV/CV assay, enabling fast and highly accurate vaginitis diagnosis
2026-07-27
Roche received FDA 510(k) clearance for its cobas® BV/CV assay, a molecular diagnostic test that detects Bacterial vaginosis and Candida vaginitis from a single vaginal swab. Traditional methods like microscopy have nearly 50% misdiagnosis rates. The PCR-based test improves accuracy, aligning with CDC guidelines. It integrates with Roche's sexual-health portfolio, enabling concurrent STI testing from one sample. Bacterial vaginosis affects ~27% of North American women of reproductive age.
Initiatives Look to Strengthen Vaccine Policy and Governance in US
2026-06-23
Two new complementary initiatives from CIDRAP’s Vaccine Integrity Project and The Evidence Collective aim to evaluate and improve US vaccine policymaking, governance, and public trust amid ongoing changes to the nation's immunization infrastructure.
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