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Latest From medac GmbH

BenevolentAI Slashes Jobs And Drug Programs

The UK firm, which uses artificial intelligence to discover and develop drugs, is hoping to save £45m by halving its workforce and trimming its pipeline.

Restructuring Artificial Intelligence

Finance Watch: Mega-Rounds Make A Comeback, But Will VC Funding Totals Rise Too?

Private Company Edition: Venture capital mega-rounds of $100m or more held steady in April after a slow January and February then a surge in March, but VC fundraising is down overall this year. In recent raises, Enveda series B expanded to $119m, Vedanta brought in $106.5m and Convergent raised $90m.

Finance Watch Business Strategies

Gamida Cell Bounces Back With Omisirge US Approval

The Israeli firm Gamida Cell’s lead candidate has obtained a US approval as a new donor source for allogeneic stem cell transplant with the chips in place for independent commercialization despite its recent financial troubles.

Approvals Companies

$435m Impairment Loss Hits Astellas As Evrenzo Falters, Asset, Deal Dropped

Japanese major’s profit figures for fiscal year just ended will be hit by multiple accounting decisions related to sales, pipeline and partnerships.

Commercial Regenerative Medicine
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Company Information

  • Industry
  • In Vitro Diagnostics
  • Medical Devices
  • Pharmaceuticals
    • Drug Delivery
    • Generic Drugs
  • Other Names / Subsidiaries
    • medac Gesellschaft für klinische Spezialpräparate mbH
    • medac GmbH Sp. z o.o.
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