Biotech returning to favor
“After a nearly four-year slowdown, money is beginning to flow again into the biotechnology sector. But it’s more a trickle than a torrent. “
Drug firms in United States, Europe move biotech work to India
“Drug makers in the United States and Europe are increasingly moving clinical trials and research work to India, which helped Indian firms earn US$54 million in revenue in the last fiscal year…”
Singapore Wants You!
“The future-friendly city-state has an offer bioscientists can’t refuse: unrestricted research, top-notch equipment, and limitless funds. (Just leave your chewing gum at home.)”
Biotech’s Longer Convalescence
“The biotech sector has fallen, and it doesn’t seem able to get up. “
China: how to seize “commanding point” of biotechnology
“China’s capital investment in the scientific research of life science is far from enough, and the government should create fine environment for the development of biotechnology industry, and mobilize all forces in the society to develop biotechnology and industry…”
Stem-Cell Cash on a Winding Road
They may not be investing in the companies themselves, but venture capitalists haven’t completely abandoned stem-cell work. Instead, they’re contributing through efforts like the California Stem Cell Initiative…
ImClone Hammered as Sales Lag Estimates
Scandal-plagued ImClone Systems may have fallen off the road to recovery.
While the company’s second-quarter earnings beat Wall Street estimates, the stock plunged yesterday on disappointing sales of the company’s key cancer drug.
Wanted: Drugs to Fight Bioterror
“Amid new warnings about a possible summer of terror, the U.S. government is preparing to spend billons to coax pharmaceutical companies to develop drugs to fend off a biological or chemical attack. But experts say the infusion of cash may be little more than a good start.”
Eco-Terror Cited as Top Threat
Law enforcement officials warn that biotechnology firms, particularly
those that conduct research on animals, must take greater precautions
against attacks by extremist groups.