Word: biotech
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...tech transfer is like the lottery, Whitesides is a Powerball winner many times over. More than two decades ago, he co-founded a biotech startup called Genzyme, which now boasts a stock market value of more than $17 billion. Another Whitesides biotech venture, Theravance, is worth more than $2 billion on the Nasdaq...
...Every now and then nature throws up these sorts of things.' RUSSELL SNELL, New Zealand biotech researcher, whose company is breeding cows that give skimmed milk. The herd descends from a single Friesian cow named Marge, which scientists discovered had a rare gene mutation for low-fat, Omega 3-rich milk while testing New Zealand dairy cows...
...biotech firm in Palo Alto, Calif., held exclusive rights to sell that particular type of hormone sample, known as human recombinant relaxin...
...sought to commercialize their discoveries through startup companies, but since the cash-strapped startups would compensate them in stock, they would not be able to continue research on their discoveries under the companies’ sponsorship. Thrall and other observers say those restrictions make it harder for academics and biotech firms to collaborate on potentially lifesaving treatments...
When a Medical School researcher obtains a patent, he or she often sells licensing rights to a small biotech startup rather than a pharmaceutical giant. Large firms often are unwilling to take risks on new and untested technologies...