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Liquidyne intentionally and specifically serves biopharma manufacturers. We've built our company to provide technical advantages to you. Our team, product selection, & partnership decisions are all designed to bring maximum expertise and quality to you and your customers.
Liquidyne Process Technologies, Inc is a leader in single-use technology and sanitary process equipment for fluid transfer, measurement, and control. We help our customers keep their fluid transfer process clean, modern, efficient, and running smoothly. In addition, we provide custom fabricated assemblies and distributed products, including single-use components, tubing, hoses, stainless, mixers, valves, pumps, and more. Our reputation for quick, responsive, and knowledgeable service means you can count on us to provide intelligently engineered solutions for all your sanitary process equipment and fluid handling needs.
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BioPharmGuy
2022 has commenced - best of luck to all participants.
Sold some data yesterday to a real estate guy out west. From his initial inquiry to us delivering data took 36 minutes. Afterwards he had this to say:
"What a refreshing experience in today’s age… need something… reach out… get a friendly response and the information with lightning speed!"
Yeah, what a wild concept, right? Not that we can always deliver in a half hour, but we're pretty quick most of the time. Don't be shy.
December Funding Summary
Things were again calm on the IPO markets - we tracked six in December for $3.7B. BeiGene's IPO alone was worth $3.5B of that. Wildest thing about that one is it's the company's third IPO - they were already listed in Hong Kong and on the NASDAQ. Now they're on the Shanghai exchange as well.
We also tracked $2.7B in private funding at 45 companies. The leader there was SOTIO out of Prague with a fresh €280M in the bank.
Excel summary of the December funding is available on our downloads page.
Weekly Directory Edits
Seven companies added, nine removed this past week. Summary file available on our downloads page, but you already knew that.
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Guilty!
And so the Theranos saga ends, at least until the inevitable appeal. Elizabeth Holmes was found guilty on four counts of conspiracy and wire fraud and found not guilty on four counts of defrauding patients. A mistrial was declared for three additional counts.
Each fraud count comes with a stackable 20 years of jail time, though she will likely serve something far less than even a single 20-year sentence. You have to hand it to her and her legal team – they went all out trying to escape her misdeeds. From having a baby right before the trial, to bringing out sexual assault/rape allegations during the trial, to blaming her Theranos second-in-command/romantic partner for the crimes, she seemingly tried everything to get that jury on her side.
Yet none of this led to them believing her, at least when it came to the facts of the case. That's good to hear because she is a master deceiver and has been totally full of crap for about a decade now. Even her voice was almost certainly fraudulent. Think about that - all day, every day she would have to fake her own voice…that would take a special kind of derangement.
This whole blowup was probably good for investors who have very little biotech understanding – if not for this, a lot more charlatans would have taken a lot more of their money during the 2021 Covid-induced biotech frenzy.
Nota Labs
Math Don't Work
That sure implies they just raised $200M of new capital, now doesn't it? That's interesting considering they raised a $165M Series C in October, at which time they announced their total raise to date was $280M.
Some simple math tells us this newly announced capital raise was really $35M not $200M. A nice lesson straight out of Shady PR tricks 101.
Half a Bill
Speaking of funding announcements, Eikon Therapeutics just hauled in $518M which is about $5M per existing employee. Sounds like they're working on some cool super-resolution fluorescence microscopy that we can't really understand. Opacity is always a winning concept for investors. Throw some money in, wait for an IPO where people with even less knowledge will kneel before the incomprehensible technological prowess, Profit.
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Qosina Offers Stock Components for Single-Use Systems
Qosina is a leading global supplier of more than 5,000 stock components to the medical and pharmaceutical industries and offer a comprehensive selection of parts for the design, development and manufacture of single-use systems for bioprocessing.
We are your one-stop source for single-use components, with low minimum order quantities, a liberal sampling policy and bill of material kitting, all supported by regulatory documentation and backed by Qosina’s assurance of supply.
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Omicrap
Our favorite pandemic bellwether, Boston’s municipal wastewater treatment authority, is showing astonishing levels of viral RNA now present in the system. It’s at about 8x the previous Delta peak and climbing. If this is the endgame for the pandemic, it’s sure going down in a blaze of glory.
On that note, CDC is pretty certain 95% of all Covid in America is now the Omicron variant. Took less than a month to go from 0% to 95%, which is shockingly fast. Hospital admissions are up, but while death rates are climbing, they are not tracking case counts closely.
With the combo of vaccinations, a massive infection wave and a seemingly milder variant, we are well on our way to “just the flu”, which, to remind, has always been deadly for grandma and grandpa.
Rapid Test Result: Stupid
In a new pandemic twist, a guy in Connecticut must have used the latest version of MS Paint to put together a fake positive Covid test result. He did not get away with it. You may wonder, why on Earth would someone do such a thing? In this man’s case it was to avoid going to court for the many criminal cases he was facing.
Hey, when you’re facing a litany of charges what’s a forgery with a side of fabricating physical evidence to add to the pile?
The crazy part is, at best it got him out of court for a couple weeks – it’s not like his docket was just gonna disappear in the meantime. A criminal doing dumb stuff, what an unforeseeable happening!
So, a Lid?
Date rape drugs are no joke, but is a "condom" for your drink the answer? And does it have to be so ugly? The name/graphics seem much too silly for a product whose goal is rape avoidance. A plain color, silicone "Universal Lid" would do the trick just fine.
Shoulda Worn the Mask, Dude
A convicted murderer who was on the run for 20 years was apprehended in Poland for not wearing a mask. He will now serve his 25 year sentence. Not clear how one gets convicted of murder and not sent to jail immediately, but hey, it's Poland.
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Featured Job
Clinical Project Manager - Premier Research
This is a new opening Premier is looking to fill. They need someone with a good amount of experience in the clinical research game - 5-8 years depending on your past responsibilities. It's a remote position and as the job title probably let you know, it involves management of trials across regions or even internationally. Plenty more info here, so check it out.
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ETC.
A Day in the Life: Port-a-Potty Cleaner
Did you know the blue water in a port-a-potty is pretty much just that – blue water? The color is so you can’t see into the depths, not to provide some sort of decontamination. Read further for a captivating history of the portable toilet, plus a day in the life of a port-a-potty cleaner in Buffalo, NY.
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BioPharmGuy is a registered trademark of Wilsonian LLC, Content © 2021 Wilsonian LLC.
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