Biotech News

House passes bill to prevent states from requiring mandatory GMO labels on food packages

Food companies would not have to disclose whether their products include genetically modified ingredients under legislation passed by the House Thursday. The House bill is backed by the food industry, which has fought mandatory labeling efforts in several states around the country. The legislation, which passed 275-150, would prevent states from requiring package labels to indicate the presence …

  • An employee works on her station at a factory of cigarette-maker Brascuba in Havana
    Cuba Inc. open to foreign capitalists, but within limits Reuters - Mon, 8 Jun, 2015

    By Daniel Trotta and Marc Frank HAVANA (Reuters) - Communist Cuba's newfound interest in foreign capital has its limits, as Philippe Pouletty found out. A French doctor, … More »Cuba Inc. open to foreign capitalists, but within limits

    An employee works on her station at a factory of cigarette-maker Brascuba in Havana

    By Daniel Trotta and Marc Frank HAVANA (Reuters) - Communist Cuba's newfound interest in foreign capital has its limits, as Philippe Pouletty found out. A French doctor, venture capitalist and founder of biotech company Abivax, Pouletty is working with Cuba's Center for Genetic Engineering and Biotechnology to develop …

  • Fighting Ebola: Antidepressant and Heart Drug Show Promise
    Fighting Ebola: Antidepressant and Heart Drug Show Promise LiveScience.com - Thu, 4 Jun, 2015

    Two drugs approved for use in people — an antidepressant and a heart drug — might hold promise for treating Ebola, a new study in mice suggests. More »Fighting Ebola: Antidepressant and Heart Drug Show Promise

    Fighting Ebola: Antidepressant and Heart Drug Show Promise

    Two drugs approved for use in people — an antidepressant and a heart drug — might hold promise for treating Ebola, a new study in mice suggests.

  • Swiss agrochemicals maker Syngenta's logo is seen in front of the company's headquarters in Basel
    Exclusive: BASF mulls potential bid for Syngenta Reuters - Thu, 4 Jun, 2015

    (Reuters) - German chemicals group BASF SE is considering a potential offer for Syngenta AG, its Swiss rival which has received a $45 billion takeover offer from Monsanto … More »Exclusive: BASF mulls potential bid for Syngenta

    Swiss agrochemicals maker Syngenta's logo is seen in front of the company's headquarters in Basel

    (Reuters) - German chemicals group BASF SE is considering a potential offer for Syngenta AG, its Swiss rival which has received a $45 billion takeover offer from Monsanto Co, people familiar with the matter said on Wednesday. BASF is speaking to investment bankers about the possibility of an offer for Syngenta, though …

  • A portrait of the Pinterest logo in Ventura
    Mutual funds chase head start on hit IPOs with pre-public investing Reuters - Thu, 4 Jun, 2015

    By Tim McLaughlin and Ross Kerber BOSTON (Reuters) - U.S. mutual funds are placing bigger bets on privately held companies to get a head start finding the next IPO superstar, … More »Mutual funds chase head start on hit IPOs with pre-public investing

    A portrait of the Pinterest logo in Ventura

    By Tim McLaughlin and Ross Kerber BOSTON (Reuters) - U.S. mutual funds are placing bigger bets on privately held companies to get a head start finding the next IPO superstar, a strategy that has yielded some dramatic payoffs and flameouts. Fast-growing private companies such as Uber Technologies, Pinterest and India's …

  • The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago
    U.S. top court rules against Cisco Systems in patent infringement fight Reuters - Tue, 26 May, 2015

    By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday ruled against Cisco Systems Inc over a patent infringement claim the tech giant is fighting. … More »U.S. top court rules against Cisco Systems in patent infringement fight

    The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago

    By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday ruled against Cisco Systems Inc over a patent infringement claim the tech giant is fighting. On a 6-2 vote, with Justice Stephen Breyer recused from the case, the court threw out a ruling by the U.S. Court of Appeals for the Federal Circuit in …

  • Germany's Merck expects drug division to drive growth: Euro am Sonntag Reuters - Sat, 23 May, 2015

    Germany's Merck KGaA expects sales to grow by around 5 percent in its core operations over coming years, helped by its pipeline of prospective new drugs, its chief executive … More »Germany's Merck expects drug division to drive growth: Euro am Sonntag

    Germany's Merck KGaA expects sales to grow by around 5 percent in its core operations over coming years, helped by its pipeline of prospective new drugs, its chief executive was quoted saying by weekly Euro am Sonntag. Merck, which makes drugs, chemicals and laboratory supplies, posted group sales of 11.3 billion euros …

  • Traders works on the floor of the New York Stock Exchange
    Wall Street's two major indexes drop; oil falls Reuters - Tue, 21 Apr, 2015

    By Sinead Carew NEW YORK (Reuters) - Major U.S. stock indexes lost ground on lackluster earnings reports on Tuesday, while oil fell on concerns about U.S. crude stockpiles … More »Wall Street's two major indexes drop; oil falls

    Traders works on the floor of the New York Stock Exchange

    By Sinead Carew NEW YORK (Reuters) - Major U.S. stock indexes lost ground on lackluster earnings reports on Tuesday, while oil fell on concerns about U.S. crude stockpiles and Saudi Arabia's announcement that it ended its military campaign in Yemen. The Nasdaq composite index was the brightest spot in U.S. stock markets. …

  • People pose with laptops in front of projection of Google logo in this picture illustration taken in Zenica
    Fidelity cuts Google stake by nearly a third amid shift to cheaper searches Reuters - Mon, 2 Mar, 2015

    (Reuters) - One of Google Inc's largest investors has cut its exposure to the company by nearly a third over the past several months amid worries about a shift to cheaper … More »Fidelity cuts Google stake by nearly a third amid shift to cheaper searches

    People pose with laptops in front of projection of Google logo in this picture illustration taken in Zenica

    (Reuters) - One of Google Inc's largest investors has cut its exposure to the company by nearly a third over the past several months amid worries about a shift to cheaper searches on mobile phones. The $107 billion Fidelity Contrafund cut its stake in Google to 5.2 percent of net assets as of Jan. 31, from 7.3 percent …

  • Plunge in oil price seen as opportunity for Alberta biotech sector CBC - Wed, 25 Feb, 2015

    Alberta’s biotechnology sector could benefit from plunging oil prices and the flow of investment away from the energy industry. The province has long courted companies … More »Plunge in oil price seen as opportunity for Alberta biotech sector

    Alberta’s biotechnology sector could benefit from plunging oil prices and the flow of investment away from the energy industry. The province has long courted companies involved in high-tech health and drug development, only to see them leave for the U.S. or other provinces. "They eventually follow the venture capital …

  • 'Mujahideen' talks in Iran cited in Canada train terrorism trial Reuters - Mon, 2 Feb, 2015

    Two men charged with plotting to derail a train traveling from New York to Toronto had their plans foiled by an undercover police officer who convinced them he could … More »'Mujahideen' talks in Iran cited in Canada train terrorism trial

    Two men charged with plotting to derail a train traveling from New York to Toronto had their plans foiled by an undercover police officer who convinced them he could help pull off the attack, jurors heard at the opening of their trial on Monday. One of the men, Tunisian Chiheb Esseghaier, told the undercover officer that …

  • Scientists design GMOs that can't escape into the wild CBC - Fri, 23 Jan, 2015

    Researchers have designed a new technology that could make it impossible for genetically modified organisms to escape into natural environments. A team at Yale University … More »Scientists design GMOs that can't escape into the wild

    Researchers have designed a new technology that could make it impossible for genetically modified organisms to escape into natural environments. A team at Yale University in New Haven, Conn., has designed genetically modified E. coli bacteria that need a nutrient that doesn't exist in nature. "We can grow them in our …

  • Wearable opportunities lie in chronic diseases CBC - Fri, 19 Dec, 2014

    Wearable technologies such as smart watches that offer fitness information at a glance are part of a growing industry, but health technology experts say innovators should … More »Wearable opportunities lie in chronic diseases

    Wearable technologies such as smart watches that offer fitness information at a glance are part of a growing industry, but health technology experts say innovators should focus on where the need is greatest.

  • The logo of Swiss pharmaceutical company Roche is seen outside the Shanghai Roche Pharmaceutical Co. Ltd. headquarters in Shanghai
    Roche says head of Genentech research unit to retire Reuters - Fri, 12 Dec, 2014

    ZURICH (Reuters) - Roche said the head of research operations at its subsidiary Genentech would retire at the end of the year, the latest in a string of executives to … More »Roche says head of Genentech research unit to retire

    The logo of Swiss pharmaceutical company Roche is seen outside the Shanghai Roche Pharmaceutical Co. Ltd. headquarters in Shanghai

    ZURICH (Reuters) - Roche said the head of research operations at its subsidiary Genentech would retire at the end of the year, the latest in a string of executives to leave the Californian biotech unit. The Swiss firm said on Friday Richard Scheller, 61, had decided to retire as head of Genentech Research and Early Development …

  • Multiple Sclerosis project targets earlier detection
    Multiple Sclerosis project targets earlier detection CBC - Wed, 5 Nov, 2014

    Albertans with multiple sclerosis are hoping a research project at the University of Alberta will lead to earlier detection and better treatment of the disease. “Having … More »Multiple Sclerosis project targets earlier detection

    Multiple Sclerosis project targets earlier detection

    Albertans with multiple sclerosis are hoping a research project at the University of Alberta will lead to earlier detection and better treatment of the disease. “Having this research done right here in Alberta is quite significant and exciting because MS is a terrible disease,” said Julie Kelendorfer, an MS patient who …

  • Glowing Plant seeds expected to ship in December CBC - Thu, 9 Oct, 2014

    San-Francisco startup Glowing Plant will ship the first version of its flagship product starting in December, the company said in an update on its blog today. The seeds … More »Glowing Plant seeds expected to ship in December

    San-Francisco startup Glowing Plant will ship the first version of its flagship product starting in December, the company said in an update on its blog today. The seeds belong to arabidopsis plants, which are related to mustard and cabbage. "Really, the goal of our plant project is to create a product that symbolizes …