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8 Biotech Stock Controversies Emerging From 'JPM15' Conference

2015-01-20 22:41:20| Biotech - Topix.net

BOSTON -- The biotech sector typically outperforms the broader market during the week of the much-heralded J.P. Morgan Healthcare Conference. This year was no exception.

Tags: stock conference emerging biotech

 

With $450M sale, Alnylam has more cash than any pre-commercial biotech

2015-01-20 19:26:36| Biotech - Topix.net

Thanks to a massive infusion of cash a year ago from neighboring Genzyme , Alnylam Pharmaceuticals already has more cash and other assets that can be easily converted into cash than any other biotech with no products on the market in the U.S. With a $450 million offering announced today, it will soon have about 50 percent more. Alnylam 's shares were down only slightly today - about 3 percent to $97.44 as of noon - after announcing the secondary stock offering, easily among the biggest in biotech in the past several years.

Tags: sale cash biotech 450m

 
 

Montco biotech firm launches $36M stock offering

2015-01-20 18:21:36| Biotech - Topix.net

The Fort Washington, Pa., biotechnology company is selling 3 million shares of common stock through the offering, and expects to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares. Vitae , which went public through a $55 million IPO last September, plans to use the bulk of the proceeds from the offering to continue the development of its most advanced new drug candidate: VTP-43742.

Tags: stock firm offering launches

 

Biotech companies to use "genome editing" to circumvent GMO regulations

2015-01-20 08:49:05| Biotech - Topix.net

Before you protest against genetically modified organisms and march against everything which they stand for, it's important to know some of the many ways in which companies and their scientists are modifying nature, patenting it, and profiting from it. First, there's the most controversial method of genetic engineering which uses genes from an external, foreign source of DNA which is inserted into the genome of a crop like corn.

Tags: companies regulations editing biotech

 

Solano Community College awaits word on biotech Bachelora s degree program

2015-01-20 05:37:41| Biotech - Topix.net

Solano Community College leaders are anxiously awaiting word on Wednesday as to whether the school will be one of 15 in the state chosen to pilot a four-year-degree program. The school is one of some 36 colleges vying for the 15 pilot programs, which will allow the schools to create a program through which students could hear their bachelor's degree.

Tags: community program word college

 

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