Keyword: biotech industry

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U.S. Finds Unapproved Genetically Modified Wheat in Oregon

30.05.2013 - A strain of genetically engineered wheat never approved for sale or consumption was found sprouting on a farm in Oregon, the U.S. government said on Wednesday, and grain traders...

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GSK Bets on Chimp Virus with $321 Million Vaccines Buy

29.05.2013 - GlaxoSmithKline is betting on a new vaccine technology based on chimpanzee viruses by acquiring Swiss-based Okairos for €250 million ($321 million) - the latest bolt-on biotech buy...

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AstraZeneca Buys Heart Firm Omthera for up to $443 Million

28.05.2013 - AstraZeneca is to buy Omthera Pharmaceuticals for as much as $443 million to build up its cardiovascular drug business, a priority area for Britain's second-biggest drugmaker. The...

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Forest Labs' Longtime CEO Solomon to Step Down at Year-end

23.05.2013 - Forest Laboratories said on Thursday that Howard Solomon, who has led the biotech firm since 1977, will retire as chief executive officer at the end of this year and the company...

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Quiet U.S. Biotech Sector Picks Up Steam in 2013

23.05.2013 - The tide may have started to turn for initial public offerings from U.S. biotechnology companies, as a rising stock market, low interest rates and a lack of market volatility...

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Swedish Drug Maker Recipharm Looks to List or Sell Stake

16.05.2013 - Sweden's Recipharm has hired UBS to advise on either a partial sale of the pharmaceutical company or a listing on the Stockholm exchange, a source close to the process told Reuters...

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Monsanto Tests Planting Platform

16.05.2013 - Monsanto, the world's largest seed company, is developing two new platforms that diverge from its core business and are seen as potential key long-term growth drivers, according to...

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USDA Says More Review Needed for New Monsanto, Dow GMO Crops

10.05.2013 - The U.S. Department of Agriculture said Friday that it will assess the environmental impact of controversial new biotech crops developed by Dow AgroSciences, a venture of Dow...