NEW YORK (GenomeWeb News) - Pressure BioSciences said today that it has raised $1.8 million in a private placement that closed on Thursday, Feb. 12.

The company expects the financing to keep it afloat through mid-2010. In December, the firm said that it only had enough cash to last until the middle of this year and laid off eight staffers in a restructuring in order to cut costs.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

The president of France's National Research Agency has resigned, according to Nature News.

A senator wants a "right-to-try" provision in the US Food and Drug Administration funding bill, but an ethicist says at Stat News that it would undermine the role of clinical trials.

In PNAS this week: red algae Porphyra umbicalis genome, deep neural network model for sequencing peptides, and more.

The Guardian's Barbara Ellen has tried out some DNA testing services to see whether they provide valuable information.