A new incubator cofounded by an executive from Edwards Lifesciences Corp. is looking to develop technologies for unmet needs. Deerfield Management reported this week that it had teamed up with Stan Rowe, who was chief scientific officer at Edwards Lifesciences Inc., to create Nxt Biomedical. The incubator is expected to invest up to $25 million, with Deerfield handing over an additional $250 million for the formation and development of five to eight startup companies that emerge from the incubator. Read More
