Life-science venture-capital firm Clarus Ventures this week said it will spend most of a newly closed $660 million fund on early-stage life-science companies, including university spinouts.
 
Clarus, which has offices in Cambridge, Mass., and South San Francisco, Calif., said individual investments from the fund will range between $20 million and $60 million and go to biotechnology, specialty pharmaceutical, and medical-technology companies.
 

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In Science this week: International Wheat Genome Sequencing Consortium publishes the bread wheat cultivar Chinese Spring reference genome, and more.

At his FDA Law Blog, Jeffrey Gibbs discusses FDA's technical assistance for the draft Diagnostic Accuracy and Innovation Act.

The New York Times reports that genetic testing has uncovered unfaithful penguins at a Utah aquarium.

Cancer researcher loses funding under new Wellcome Trust anti-bullying policies, the Guardian reports.