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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: biotech companies

biotech companies stories: 5 news summaries

Drug Makers' Big Spending Pays Off on Hill

Biologics debate shows how lobbyists shape health debate

Oct 22, 09 12:33 PM CDT
(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 »

MORE ABOUT:
biotechnology • Senate Health Committee • lobbying • lobbyists • health care reform • House Energy and Commerce Committee • biotech companies • biologics

(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 »

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California • San Francisco • pharmaceutical companies • hostile takeover • mergers and acquisitions • biotechnology • Genentech • Roche • biotech companies

Ailing Biotech Firms Need
Shot in the Arm

Flatlining economy threatens breakthrough medical research

Nov 21, 08 1:05 PM CST
(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 »

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Wall Street • investors • pharmaceutical companies • GlaxoSmithKline • stocks • biotechnology • Parkinson's disease • IPO • multiple sclerosis • biotech companies • Alzheimer's Disease • financial crisis

Millionaire Pays Firm to Map His Genetic Code

Personal genome readouts now on shopping list for super-rich

Mar 4, 08 4:01 AM CST
(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 »

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genetics • genetic testing • DNA • human genome • genetic code • biotech companies • scientific study

Cloned Meat, Milk Near Nod

FDA is about to approve clones, despite industry opposition

Jan 4, 08 6:45 AM CST
(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 »

MORE ABOUT:
European Union • meat • Whole Foods • cloning • dairy products • biotech companies • ViaGen Inc. • Trans Ova Genetics • Dean Foods • The Food Marketing Institute • Grocery Manufacturers Association • Hormel Foods Corp. • American Meat Institute

5 Stories


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