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NextBio Lands $7M in Series B VC Cash

NEW YORK (GenomeWeb News) — NextBio said yesterday it has received $7 million in a Series B round of venture capital financing.
 
The company makes a search engine that can be used by life sciences researchers and clinicians. The cash will help the company expand the tool’s content, scale its infrastructure to “handle millions of queries, and build its community collaboration and data sharing features,” NextBio said in a statement.
 
The company also plans to “rapidly globalize” the use of the technology, according to NextBio co-founder and CEO Saeid Akhtari.
 
The round was led by Newbury Ventures and included existing investors. Newbury’s senior managing director Bruce Bauer will join NextBio’s board, the company said.

The Scan

Pig Organ Transplants Considered

The Wall Street Journal reports that the US Food and Drug Administration may soon allow clinical trials that involve transplanting pig organs into humans.

'Poo-Bank' Proposal

Harvard Medical School researchers suggest people should bank stool samples when they are young to transplant when they later develop age-related diseases.

Spurred to Develop Again

New Scientist reports that researchers may have uncovered why about 60 percent of in vitro fertilization embryos stop developing.

Science Papers Examine Breast Milk Cell Populations, Cerebral Cortex Cellular Diversity, Micronesia Population History

In Science this week: unique cell populations found within breast milk, 100 transcriptionally distinct cell populations uncovered in the cerebral cortex, and more.