Business groups see in-person events and meetings resume as mask mandates fade
In-person business confabs return as mask mandates fade.
Source: chicagobusiness.com
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Quench Bio hit by 'successful failure,' winds down ops in Twitter thread as tech sold off at auction
(GH01/ iStock) Quench Bio’s short journey has come to an end after the biotech startup found that its target was simply undruggable. The Cambridge, Massachusetts-based biotech had focused on blocking the gasdermin D protein with oral inhibitors to treat inflammatory diseases and had attempted to seek out a potent, selective chemical series to progress by the first quarter of 2021. It has not, however, managed to hit that goal, and, with credit to the company, it is not trying to spin out this failure, but says it now simply recommends “to wind down and return capital to investors...
Source: fiercebiotech.com
Mayor Lightfoot joins ChicagoNEXT, P33, & PitchBook to announce Chicago as the Top U.S. City for Exit Value Fueled by Venture Capital Investment
Share this article Share this article CHICAGO, Dec. 10, 2020 /PRNewswire/ -- Mayor Lori E. Lightfoot joins ChicagoNEXT, an initiative of World Business Chicago, and P33 to announce Chicago's continued lead in venture capital (VC) return on investment the 2020 Chicago VC Ecosystem Report, released today. Among the reasons cited are: $7.8B invested in Chicago since 2017 A record number of 302 deals closed in 2019 2000 active tech startups supported by a deep roster of seed stage companies and incubators, including 1871 recognized by UBI Global as the #1 private incubator among university-aff...
Source: prnewswire.com