Kura Spins Out $50 Million Diabetes Biotech to Pursue a Potentially Disease-Changing Treatment
Kura Oncology is taking technology originally developed around cancer biology into the enormous diabetes market, launching a new company called Caspian Therapeutics with $50 million in financing to investigate whether menin inhibitors can restore the body’s ability to produce insulin. The scientific idea behind Caspian could represent an important departure from many existing diabetes treatments. […]
Missouri’s Redistricting War Throws the Midterms Into Turmoil as Trump-Backed Map Faces Court Defeat
Missouri has become the center of an extraordinary legal and political battle over congressional redistricting, as courts clash over whether the state can use a Republican-drawn map backed by President Donald Trump in the November midterm elections. The dispute is part of a much broader national struggle over control of the U.S. House. Republicans currently […]
Washington Takes a Direct Stake in America’s Quantum Future With $300 Million Technology Bet
The U.S. government is taking an unusually direct role in the race for quantum-computing leadership, investing $300 million in three major quantum companies while receiving minority ownership stakes in each of them. Under agreements finalized through the CHIPS and Science Act, the Commerce Department will provide up to $100 million each to D-Wave Quantum, Rigetti […]
