The money is non‑dilutive and follows the successful completion of investigational‑new‑drug‑enabling work and the project’s green‑light for clinical development, with the first subject already dosed in March 2026. BAL2420 belongs to one of the very few new classes of antibiotics currently in clinical development. Preclinical data show potent and rapid bactericidal activity against Enterobacteriaceae such as Escherichia coli and Klebsiella pneumoniae, including strains resistant to beta‑lactams and colistin, a last‑resort antibiotic flagged by the CDC and WHO as falling short for many critical‑priority pathogens. A scarcity of new antibacterials The renewed CARB X backing builds on six years of support…
Author: Isla
The France-based biotechnology company bioMérieux has invested in Swiss start-up Plair to accelerate adoption of real‑time environmental monitoring in pharmaceutical cleanrooms. The move focuses on Plair’s RAPID‑C+ platform, which combines continuous viable particle counting with standard total particle measurement, giving quality teams immediate microbial insights. “Our investment in Plair is a strategic step forward in our ambition to be the partner of choice for advancing pharmaceutical quality control,” said Michael Reynier, Senior Vice President of Pharma Quality Control at bioMérieux. As part of the collaboration, Reynier will join Plair’s board, reinforcing the operational and strategic alignment between the two companies. …
MS-PhD Program at Regional Centre for Biotechnology | Life Science | Apply Now Are you looking for top Life Science Careers through a prestigious MS-PhD Program? The Regional Center for Biotechnology (RCB) invites applications for its MS-PhD Program 2026, offering a strong foundation in biotechnology, research training, and excellent career opportunities through RCB careers. About the Institute The Regional Center for Biotechnology (RCB) is a premier research institution in India dedicated to advancing biotechnology and life sciences. Known for its cutting-edge research, interdisciplinary approach, and strong academic programs, RCB plays a key role in shaping Life Science Careers through innovative…
Claflin University breaks ground on Center for Biotechnology and Innovation $17.4 million NIST grant supports construction of STEM facility 32,000-square-foot building will house AI, biotech and cybersecurity labs Project aims to boost student research and workforce readiness Claflin University kicked off construction on its future Center for Biotechnology and Innovation with a groundbreaking on March 20. The university says the center will expand faculty and student research, providing students hands-on experience with advanced technology that will transform in-class and online pedagogy. Claflin STEM graduates will be even more prepared for leadership positions in the fast-paced tech industry, the…
By Vriti Gothi Today AI Cross Border Payments Digital Bank Paymentology is supporting Snappi as the digital bank enters a new phase focused on scaling operations, expanding product capabilities, and strengthening regulatory readiness following its market launch. Snappi is among Europe’s newest fully licensed digital banking entrants, having secured a universal banking licence from the European Central Bank in 2024. The licence enables the bank to offer a full suite of services, including deposits and lending. It subsequently launched publicly in 2025 as Greece’s first ECB-licensed neobank, providing mobile onboarding, IBAN accounts, cards, SEPA transfers, and other core banking services…
By Ailsa Craig and Marek Poszepczynski, portfolio managers at International Biotechnology Trust (IBT) Despite the progress made across the biotechnology sector in recent years, it is still seen by many investors as being defined by early-stage science and binary outcomes. This perception reflects the opportunity set of the past, when success or failure was driven largely by the results of individual clinical trials. While clinical outcomes remain highly relevant, a more mature profile is now emerging, with a growing proportion of companies moving beyond clinical risk into a new phase of development. Many are now approaching commercialisation, supported by late-stage pipelines, an increasing number of approved therapies and clear regulatory pathways. The key question for investors should therefore be…
Triodos Bank UK has appointed Suraj Lakhanpal as its senior relationship manager to bolster its presence in the sustainable lending sector. The bank is based in the Netherlands and operates across the UK, Germany, Spain and Belgium. It has financed green residential and commercial projects since 2007. Lakhanpal will specialise in sustainable property at Triodos Bank UK and brings more than 20 years of experience in UK real estate finance. This includes supporting SME property developers and intermediaries in senior roles at Homes England, Nationwide and RBS, working across the residential, commercial and specialist sectors. Lakhanpal and the wider…
As reported in the rating agency’s press release, assigned ratings are motivated by the Bank’s adequate levels of capitalization, liquidity, asset quality, as well as high profitability. As per the report of the rating agency, RBK’s assets are well balanced between net loans (end-2025: 54%) and non-loan assets, primarily comprising highly liquid items. Fitch Ratings stressed in its analysis the fact Bank RBK is expanding into the retail segment to diversify its revenue base. The agency noted that Bank RBK’s level of non-performing loans is moderate, below the banking sector average, and that the bank has a high level of…
As reported in the rating agency’s press release, assigned ratings are motivated by the Bank’s adequate levels of capitalization, liquidity, asset quality, as well as high profitability. As per the report of the rating agency, RBK’s assets are well balanced between net loans (end-2025: 54%) and non-loan assets, primarily comprising highly liquid items. Fitch Ratings stressed in its analysis the fact Bank RBK is expanding into the retail segment to diversify its revenue base. The agency noted that Bank RBK’s level of non-performing loans is moderate, below the banking sector average, and that the bank has a high level of…
WHY THIS MATTERS O Bee Credit Union’s move to Tyfone’s nFinia platform reflects a broader shift among community financial institutions toward modern, digital-first banking experiences. As member expectations rise—driven by fintechs and large banks—credit unions are under pressure to deliver seamless, mobile-centric services while maintaining their community-focused approach. Migrating from legacy systems to API-driven, configurable platforms enables institutions like O Bee to offer faster payments, improved personalisation, and integrated financial tools without the constraints of outdated infrastructure. The emphasis on business banking capabilities is particularly notable. With growth in small business membership, credit unions are increasingly competing in areas traditionally…