Word: biotechs
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...INITIATED. The first human-based trial of a SARS VACCINE; by Chinese biotech company Sinovac; in Beijing. If the trial is successful, the vaccine could be ready for production in two years...
Billions of dollars are at stake in the race for medical cures. California boasts half of the nation's biomedical research capacity and one-third of its biotech companies. The bond initiative, if it passes, would pay to build 12 to 15 new stem-cell research centers, a massive magnet for scientific talent. "California will be the center of stem-cell research for the world," predicts Palo Alto real estate developer Robert Klein, co-chairman of the initiative campaign. Klein, who has contributed $1.4 million of his money toward the effort, touts the economic benefits, forecasting $70 million...
...billion global statin market, there's no looking back. By year's end, Johnson & Johnson and Merck say, they'll appeal to the U.S. Food and Drug Administration to allow over-the-counter statins in the U.S. Can the Continent be far behind? - By Adam Smith Mixed Fortunes U.S. biotech firm Monsanto shelved plans to introduce the world's first genetically modified wheat, after U.S. farmers claimed there was no market for the crop abroad. Meanwhile, the E.U. said it would approve the sale of GM corn in the region this week...
...Super Parents Get a Ph.D. in genetics? Start a biotech firm? Some parents will do anything to help a child with a rare disease...
...More Bale-Outs In the first ever challenge to a wealthy nation's domestic agricultural handouts, the WTO ruled illegal the billions of dollars in federal subsidies paid to U.S. cotton farmers. Meanwhile, the E.U. said it would soon end its six-year moratorium on the approval of biotech foods...