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Is Biotech Funding Seeing a Slow Downward Spiral?

Over at VentureBeat, David Hamilton confirms what he recently wrote about, that of clearly diminishing venture capital investments in biotech startups. Though aggregate biotech funding over the first three quarters of this year remains up compared to last year, he writes, biotech funding in the third quarter was lower than any quarter since the first quarter of 2006, and was also the worst third quarter since the post-bust days of 2002.

The Scan

Tens of Millions Saved

The Associated Press writes that vaccines against COVID-19 saved an estimated 20 million lives in their first year.

Supersized Bacterium

NPR reports that researchers have found and characterized a bacterium that is visible to the naked eye.

Also Subvariants

Moderna says its bivalent SARS-CoV-2 vaccine leads to a strong immune response against Omicron subvariants, the Wall Street Journal reports.

Science Papers Present Gene-Edited Mouse Models of Liver Cancer, Hürthle Cell Carcinoma Analysis

In Science this week: a collection of mouse models of primary liver cancer, and more.