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GenoMed Raises $900,000 in Equity Funding

NEW YORK, Jan. 20 (GenomeWeb News) - GenoMed has raised $900,000 in equity financing from Advanced Optics Electronics, the company said today.

 

In exchange for the investment, Advanced Optics Electronics receives restricted common shares of GenoMed at a 25 percent discount.

 

GenoMed plans to use the additional cash on research as well as marketing. Last October, the company obtained up to $500,000 in bridge funding.

 

The Scan

Shape of Them All

According to BBC News, researchers have developed a protein structure database that includes much of the human proteome.

For Flu and More

The Wall Street Journal reports that several vaccine developers are working on mRNA-based vaccines for influenza.

To Boost Women

China's Ministry of Science and Technology aims to boost the number of female researchers through a new policy, reports the South China Morning Post.

Science Papers Describe Approach to Predict Chemotherapeutic Response, Role of Transcriptional Noise

In Science this week: neural network to predict chemotherapeutic response in cancer patients, and more.