Russia’s RDIF and Sberbank Launch $100m Start-Up Fund
Duo To Seed New Russian-Based Tech And Science Start-Ups
Russian sovereign wealth fund and Sputnik V vaccine producer RDIF has teamed up with the country’s biggest bank to fund ‘home-grown’ tech and science-intensive start-ups.
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Global research consortium to investigate the use of immunoglobulin as a COVID-19 therapy ends following disappointing results from a Phase III trial. Meanwhile, Russian vaccine producer RDIF is snapping up more production capacity in India, where interferon has also progressed as a possible treatment.
Members of the European Parliament heard from top EU officials on initiatives being undertaken to strengthen the provision of coronavirus vaccines as member states try to deal with a surge in COVID-19 cases.
Emerging Company Profile: Switzerland-based Anjarium Biosciences AG has successfully raised $61m in a series A financing that will fund expansion of its novel proprietary platform and development of a nascent pipeline of non-viral gene therapies.