biotechnology

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Engineered Goats May Usher In New Age of Drugs

Animals' bodies act as processors for key protein

(Newser) - Goats could be the pharma factories of tomorrow: Genetic engineering can prompt them to make a protein in their milk to fight excessive blood clotting. A medication culled from the process was greeted warmly yesterday by an expert panel, and now the FDA is looking into it. If approved, the...

Ailing Biotech Firms Need Shot in the Arm

Flatlining economy threatens breakthrough medical research

(Newser) - For the first time in years, the biotech industry is in desperate need of a lifeline, Bloomberg reports, as the economic crisis threatens to shove companies into bankruptcy and derail the development of potentially life-saving drugs. “I’m looking down the barrel of a gun,” admitted one CEO....

Our Economic Cure? Innovation
 Our Economic Cure? Innovation 
OPINION
Sep 14, 2008 1:37 PM CDT

Our Economic Cure? Innovation

Innovation, and making it more efficient, can turn gray skies blue

(Newser) - Democrats and Republicans do have something in common: Both parties are wrong on how to resuscitate the flat-lining US economy, Michael Mandel argues in BusinessWeek. Tax cuts or increased government spending aren’t the cure. “Innovation is the best—and maybe the only—way the US can get out...

Arabs Building First Green City
Arabs Building First Green City
Feb 10, 2008 5:14 PM CST

Arabs Building First Green City

Run on solar power, Masdar City will cost $22 billion and take 8 years to construct

(Newser) - Earth's first carbon-free city is being built in the United Arab Emirates and will take 8 years and $22 billion to complete, the BBC reports. Called Masdar City, it will run on solar power and shuttle residents on travel pods via magnetic tracks. But critics say the $22 billion project,...

10 Life-Changing Innovations
10 Life-Changing Innovations
Jan 20, 2008 12:33 PM CST

10 Life-Changing Innovations

These technologies may ultimately transform human existence

(Newser) - From omnipresent Internet to cloned donor organs, LiveScience picks 10 new technologies that, when fully developed, will transform our lives.
  1. Digital libraries: When all of humanity's texts are digitized, any factual question will be answerable online.
  2. Gene therapy/stem cells: The key to curing some of our nastiest afflictions.
  3. Ubiquitous wireless
...

Street Yawns at Genentech Quarterlies
Street Yawns at Genentech Quarterlies
Jan 15, 2008 11:09 AM CST

Street Yawns at Genentech Quarterlies

Despite beating analysts' revenue and profit forecast, biotech's share price drops

(Newser) - Drug maker Genentech – struggling with near-flat sales of its two premier drugs, Avastin and Rituxan – managed to outperform analyst’s fourth quarter expectations – barely, reports the Associated Press. The one-time biotech uber star, which recorded phenomenal growth in each of the two previous years, showed only a...

Merck May Pay $700M for Schizophrenia Drug

Pharma giant restocks pipeline by snapping up Swiss psychotherapy

(Newser) - Merck today finalized a deal worth as much as $700 million to license a schizophrenia drug from Swiss biotech firm Addex Pharmaceuticals. Addex will get $22 million up front, and qualify for another $680 million in milestone payments. Such licensing deals are growing commonplace, Reuters reports, as big pharma turns...

Biotech Giant Slashes Jobs
Biotech Giant Slashes Jobs
Aug 16, 2007 1:34 AM CDT

Biotech Giant Slashes Jobs

World biggest biotech cuts 2,600 jobs in $2B restructuring

(Newser) - Biotech giant Amgen is slashing spending by $1.9 billion by cutting up to 14 percent of its workforce— 2,600 jobs—and closing some production facilities. The restructuring was triggered by plummeting sales of the company's anemia drug Aranesp. The shake up demonstrates that biotech operations are not immune...

10 Technologies on the Cusp
10 Technologies on the Cusp
Aug 5, 2007 2:33 PM CDT

10 Technologies on the Cusp

MIT experts look ahead at breakthroughs and brainstorms that may change the way we live

(Newser) - Technology Review presents 10 technologies you'll soon be hearing about.
  1. Peer-to-peer networking as a way for legitimate businesses to handle heavy data streaming.
  2. Nanocharging solar, which could make solar power cost-competitive.
  3. Artifically structured metamaterials.
  4. Personalized medical monitors.
  5. Single-cell analysis.

Scientists on the Brink of Artificial Life

Synthetic genomes close to creating new bacteria

(Newser) - The first artificial life could be created within months as researchers emboldened by "species transplant" experiments prepare to insert synthetic genomes into a host bacterium, the Daily Telegraph reports. Maryland scientists have been replacing one bacterium's DNA with another, transforming the host  into the invader, and now plan to...

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