Bioscience

🔒Wallingford startup X9 raises $8.6M to develop dialysis needle technology

Wallingford-based X9 Inc. raised nearly $13.7 million to develop an AI-guided device that uses ultrasound to help insert dialysis needles, receiving FDA approval for its ultrasound-only version in October.

BioXcel adds chief commercial officer as it prepares to expand agitation drug IGALMI’s reach

BioXcel Therapeutics Inc. has named longtime biopharmaceutical executive Mark Pavao as its acting chief commercial officer, choosing an industry veteran to lead its efforts to expand the reach of its drug IGALMI.

New Haven biotech developing pill for hair loss files for IPO, seeks NYSE listing

Veradermics Inc., a New Haven-based biopharmaceutical startup developing an oral treatment for pattern hair loss, has filed for an initial public offering.

Biohaven expects to raise $125M in stock sale

New Haven-based Biohaven Ltd. said Tuesday it expects to raise about $125 million via the sale of common shares to Janus Henderson Investors.
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Rallybio seeks reverse stock split to maintain Nasdaq listing

The company said the move is primarily aimed at addressing Nasdaq listing requirements.

Boehringer Ingelheim, with major CT presence, announces plans to invest $10B in U.S.

Boehringer, one of Connecticut’s largest pharmaceutical employers, has reached an agreement with the U.S. government to lower some drug costs and expand its U.S. operations.

🔒2025 Innovator: UConn professor, serial entrepreneur Coles leads startup developing smart contact lens for aging eyes

Ryan Coles leads a Hartford-based company vying to create a smart contact lens, a venture that requires...

🔒Shelton cancer-drug startup looks to Big Pharma after clinical trial pause

Shelton biotech Intensity Therapeutics paused its Phase 3 cancer trial after running low on cash. The company needs $30M to finish testing INT230-6, an injectable drug that attacks tumors directly.
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🔒A CT startup wants a better pill for hair loss — and just raised $150M to try it

New Haven-based Veradermics raised $150M to advance its oral minoxidil pill for hair loss into Phase 3 trials. The biotech, founded by dermatologist Reid Waldman, is recruiting 1,500 patients for the study.

Mystic agricultural tech company to field test new fungicide

Fungal pathogens are among the most economically damaging threats to global crop production, with yield losses in the billions of dollars.
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