biotech companies

7 Stories

Lab-Grown Shrimp Are Here to Save the World

They apparently taste and feel like the real thing

(Newser) - A San Francisco biotech company is about eight months away from unleashing lab-grown popcorn shrimp into the marketplace with the modest goal of ending slavery and saving the planet, the Atlantic reports. According to Popular Science , Americans eat 4 billion pounds of seafood annually; a full quarter of that is... More »

Farmers Sour on Genetically Modified Seeds

But 86% of America's farm acres are planted with biotech crops

(Newser) - Genetically-modified crops are pervasive—last year 86% of America's farm acres were planted with biotech crops—but some farmers are beginning to sour on the technology. They say that the advantages are not worth the soaring prices charged by seed giants like Monsanto: The cost of corn seed jumped 32%... More »

Drug Makers' Big Spending Pays Off on Hill

Biologics debate shows how lobbyists shape health debate

(Newser) - Drugmakers could get quite a gift from the health care reform bill. Senate and House amendments passed this summer give the makers of biologics—next-generation wonder drugs derived from living matter—12 years of exclusivity on their hyperexpensive products. That’s 7 more years than normal drugs get, and critics... More »

Roche Gets Genentech in $46.8B Biotech Deal

(Newser) - Swiss drug giant Roche has succeeded in its quest to own biotech firm Genentech outright, and will purchase the 44% of shares it does not already own for $95 each, the San Francisco Chronicle reports today. The $46.8 billion deal comes after months of haggling, wherein Roche offered as... More »

Ailing Biotech Firms Need Shot in the Arm

Flatlining economy threatens breakthrough medical research

(Newser) - For the first time in years, the biotech industry is in desperate need of a lifeline, Bloomberg reports, as the economic crisis threatens to shove companies into bankruptcy and derail the development of potentially life-saving drugs. “I’m looking down the barrel of a gun,” admitted one CEO.... More »

Millionaire Pays Firm to Map His Genetic Code

Personal genome readouts now on shopping list for super-rich

(Newser) - A Switzerland-based millionaire is paying to have his personal genetic code mapped out, the New York Times reports. He is only the second person to ever have done so, but genetics companies say interest is high despite the $350,000 price tag for decoding all 6 billion units in an... More »

Cloned Meat, Milk Near Nod

FDA is about to approve clones, despite industry opposition

(Newser) - The Food and Drug Administration is expected to clear the way for milk and meat from cloned animals to be sold in US supermarkets by declaring the products safe as early as next week, reports the Wall Street Journal. Cloning companies are poised to begin churning out animals once a... More »

7 Stories