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Biotech Blog Archives: June 2003

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19 June 2003

Microsoft loses No. 2 ranking in market value to drug maker

Microsoft loses No. 2 ranking in market value to drug maker
Microsoft has lost its status as the world’s second-largest corporation to drug maker Pfizer due to slowing sales growth that caused it to miss out on this year’s stock-market rally.

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19 June 2003

Report Says More Farmers Don’t Follow Biotech Rules

Report Says More Farmers Don’t Follow Biotech Rules
A new study, drawn from government data, shows that more farmers are failing to comply with standards governing the planting of genetically modified corn than the industry has claimed.
Nearly one-fifth of farms growing the main type of genetically engineered corn, BT corn, are violating government rules aimed at [...]

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18 June 2003

More regulations for biotech products aren’t necessary, FDA says

More regulations for biotech products aren’t necessary, FDA says
Genetically engineered foods from crops that have already been reviewed and approved by two government agencies shouldn’t have to jump through a third regulatory hoop at the Food and Drug Administration, an FDA official told Congress Tuesday.

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17 June 2003

Pfizer unveils anti-smoking drug

Pfizer unveils anti-smoking drug
Pfizer Inc. introduced a new anti-smoking drug Tuesday that could become one of its biggest selling products.

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16 June 2003

New Drug Rules Aim To Speed Generics

New Drug Rules Aim To Speed Generics
President Bush today announced new regulations to hasten the pace at which generic drugs are brought to market, a measure the administration says will save $3.5 billion annually after it takes effect Aug. 18.

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16 June 2003

RNAi Firms Stake Their Claims

RNAi Firms Stake Their Claims First there was gene splicing. Next came monoclonal antibodies. And now, RNA interference, or gene silencing, has taken the scientific community by storm. Reportedly, RNA interference technology has revolutionized the practice of molecular biology - and the excitement it has generated continues to mount

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