Word: biotechs
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...starting to go right for Halle and Germany. Once used as Soviet barracks, they were knocked down to make room for a sprawling $365 million science-and-technology center taking shape on the city's western edge. Sixty companies and 19 educational institutions--active in such fields as biotech, nanotech and environmental science--have settled there so far, and 2,500 new jobs have been created. Probiodrug, a biotech start-up that has won acclaim for its research on diabetes and acquired a clutch of lucrative licensing agreements with big pharmaceutical firms, is one of the early tenants. "Halle...
...will be responsible for strategy in elections expected next year - a role previously held by Blair's political rival, Chancellor of the Exchequer Gordon Brown. Modified Policy EUROPEAN UNION The European Commission gave its first approval to genetically modified seeds. The 17 strains of maize seed, engineered by U.S. biotech firm Monsanto to resist certain insects, can now be grown anywhere in the E.U. Environmental groups fear cross-contamination of conventional crops. Pay Up POLAND Parliament unanimously passed a resolution demanding that the government seek reparations from Germany for the destruction and losses suffered by Poland as a result...
...side when Stewart rang the opening bell at the New York Stock Exchange on Oct. 19, 1999, the day the company went public. At its peak, the stock reached nearly $40 a share, but it has dipped close to $5 since news of Stewart's sale of ImClone, a biotech-company stock, surfaced in June 2002. That sale triggered a federal investigation and her subsequent conviction last March...
...report.? In yet another message on Feb. 19 he confessed, ?Were (sic) going to lose this case big time.? But the government didn?t lose. Martha Stewart and Baconovic were convicted in March of lying to federal investigators about why she sold her shares of biotech firm ImClone Systems. They said there was a pre-existing arrangement to sell if the stock price hit $60. But prosecutors said she sold because Baconovic gave her a tip that ImClone CEO Sam Waksal was trying to dump his company stock...
...slice of income saps people's motivation to work, while also pushing up the cost of labor and making companies reluctant to create new jobs. "Lots of countries are concerned that Europe is losing ground - and rightfully so," says Philippe Archinard, the chief executive of Innogenetics, a Belgian biotech company with 600 employees. He says doing business is so much costlier in Belgium that "gradually all R. and D. centers are going to go abroad." While individuals have a hard time escaping income taxes, companies can vote with their feet. The Austrian Business Agency - which deals with prospective foreign investors...