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Arabs Building First Green City

Run on solar power, Masdar City will cost $22 billion and take 8 years to construct

(Newser) - Earth's first carbon-free city is being built in the United Arab Emirates and will take 8 years and $22 billion to complete, the BBC reports. Called Masdar City, it will run on solar power and shuttle residents on travel pods via magnetic tracks. But critics say the $22 billion project,... More »

10 Life-Changing Innovations

These technologies may ultimately transform human existence

(Newser) - From omnipresent Internet to cloned donor organs, LiveScience picks 10 new technologies that, when fully developed, will transform our lives.
  1. Digital libraries: When all of humanity's texts are digitized, any factual question will be answerable online.
  2. Gene therapy/stem cells: The key to curing some of our nastiest afflictions.
  3. Ubiquitous wireless
... More »

Street Yawns at Genentech Quarterlies

Despite beating analysts' revenue and profit forecast, biotech's share price drops

(Newser) - Drug maker Genentech – struggling with near-flat sales of its two premier drugs, Avastin and Rituxan – managed to outperform analyst’s fourth quarter expectations – barely, reports the Associated Press. The one-time biotech uber star, which recorded phenomenal growth in each of the two previous years, showed only a... More »

Merck May Pay $700M for Schizophrenia Drug

Pharma giant restocks pipeline by snapping up Swiss psychotherapy

(Newser) - Merck today finalized a deal worth as much as $700 million to license a schizophrenia drug from Swiss biotech firm Addex Pharmaceuticals. Addex will get $22 million up front, and qualify for another $680 million in milestone payments. Such licensing deals are growing commonplace, Reuters reports, as big pharma turns... More »

Biotech Giant Slashes Jobs

World biggest biotech cuts 2,600 jobs in $2B restructuring

(Newser) - Biotech giant Amgen is slashing spending by $1.9 billion by cutting up to 14 percent of its workforce— 2,600 jobs—and closing some production facilities. The restructuring was triggered by plummeting sales of the company's anemia drug Aranesp. The shake up demonstrates that biotech operations are not immune... More »

10 Technologies on the Cusp

MIT experts look ahead at breakthroughs and brainstorms that may change the way we live

(Newser) - Technology Review presents 10 technologies you'll soon be hearing about.
  1. Peer-to-peer networking as a way for legitimate businesses to handle heavy data streaming.
  2. Nanocharging solar, which could make solar power cost-competitive.
  3. Artifically structured metamaterials.
  4. Personalized medical monitors.
  5. Single-cell analysis.
More »

Scientists on the Brink of Artificial Life

Synthetic genomes close to creating new bacteria

(Newser) - The first artificial life could be created within months as researchers emboldened by "species transplant" experiments prepare to insert synthetic genomes into a host bacterium, the Daily Telegraph reports. Maryland scientists have been replacing one bacterium's DNA with another, transforming the host  into the invader, and now plan to... More »

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