drugs

Justice hits eBay for $59M for selling obviously illegal pill-counterfeiting gear

You don’t need to resort to the dark web to find your illicit pill counterfeiting presses and molds. Just go to eBay and you can get one like new for a great price! Or at least you could until r

Amazon launches RxPass, a $5/month Prime add-on for all-you-need generic drugs covering 80 conditions

More than two years since announcing Amazon Pharmacy to take some of the prescription drugs business away from big (and smaller) drug stores, Amazon is launching a new product to expand its reach in t

Nue Life Health raises $23M Series A Led by Obvious Ventures for psychedelics platform

Last year we covered the $3.3 million seed round for NUE Life Health, a US-based telemedicine startup in the US, which was building out a mental wellness platform that combined psychedelic-assisted th

Cannabis beverage startup Cann raises $27M as it expands to Canada

Cann, a THC beverage company marketing itself as a fun alternative to alcohol, is bulking up on funding as it brings the product into Canada — its first international market expansion. The start

Snapchat says it’s getting better at finding illicit drug dealers before users do

Snapchat has faced increasing criticism in recent years as the opioid crisis plays out on social media, often with tragic results. In October, an NBC investigation reported the stories of a number of

Frequency Therapeutics redesigns study after disappointing Phase 2 results, debuts new hearing loss and MS drugs

In Frequency Therapeutics’ short lifetime as a company, it’s had its ups and downs. On Tuesday, during an R&D event day, the company unleashed a slew of announcements that add context to the d

Snapchat is launching new tools to crack down on illicit drug sales on its platform

Snapchat is rolling out new tools and educational resources to prevent younger users from buying counterfeit pills and illicit drugs via the platform. The company said on Thursday that the goal of the

Journey Clinical raises $3M to allow psychotherapists to offer psychedelic therapies

Psychedelics companies are all the rage right now. Compass Pathways is working with the magic mushroom compound psilocybin to treat depression. It’s has raised $290 million in total. Atai Life Scien

Tune in, SPAC on, drop LSD

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive, Alex and Natasha and Danny decided

Bicycle Health, the virtual opioid use disorder therapy service, will soon be available in 25 states

The startup opioid use disorder therapy service Bicycle Health will soon be available to patients in half the country, just three years after its launch in 2017, according to founder Ankit Gupta. A se

Ro makes the weight loss product Plenity commercially available to everyone in the US

In what could be the first step in the development of a significant new line of business for the telemedicine prescription provider Ro, the company is finally announcing the general commercial availab

With a Warby Parker playbook, SISU raises funding from Greycroft to face off against cosmetic clinics

With so many people getting botox and filler treatments to their faces these days (or are they, during the pandemic?), it’s probably no wonder that venture capital has decided to look at the space.

Mission Bio raises $70 million to help scale its tech for improving the development of targeted cancer therapies

California-based startup Mission Bio has raised a new $70 million Series C funding round, led by Novo Growth and including participation from Soleus Capital and existing investors Mayfield, Cota and A

Moderna set to start final-stage trial of its coronavirus vaccine by July

Pharmaceutical company Moderna told Bloomberg on Thursday that it’s on pace to begin the final-stage clinical trial of its vaccine for the novel coronavirus that causes COVID-19 by July. Moderna

Where these 6 top VCs are investing in cannabis

The cannabis market was in the midst of a correction when the COVID-19 crisis hit and could emerge stronger than ever. After a breakthrough period of growth, cannabis startups entered 2020 with depres

GreenLight Biosciences raises $17M to ramp mRNA production for COVID-19 vaccine candidate trials

One of the approaches therapeutics companies are taking to developing vaccines for COVID-19 relies on what’s called an mRNA (messenger RNA, which essentially provides cells with protein producti

Lucid Lane has developed a service to get patients off of pain meds and avoid dependence

Four years ago, Adnan Asar, the founder of the new dependence prevention service Lucid Lane, was enjoying a successful career working as the founding chief technology officer at Livongo Health. It was

SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals

While human travel has become severely restricted in recent months, the movement of goods has remained a constant priority — and in some cases, has become even more urgent. Today, a startup out

Price Technologies adds product availability feature for items experiencing COVID-19 shortages

Price Technologies, the operator of the comparison shopping website Price.com and its related browser extension, is adding a feature to show product availability for a few essential items that have ha

Cell and gene therapy startup ElevateBio raises $170M

While economic conditions and the ongoing global coronavirus pandemic may not make for the best atmosphere for raising funding, some companies are still announcing round closures with significant mone
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