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Biotech to Remain Strong Because Science is Solid, CEOs Say

2015-05-08 20:01:45| Biotech - Topix.net

Biotechnology companies have been going public in record numbers, and many of them have been immediately embraced by public-market investors once their stock starts trading. The chief executives of two venture-backed companies that went public spoke at the National Venture Capital Association's annual conference in San Francisco.

Tags: science say strong remain

 

Swiss biotech company Syngenta rejects Monsanto takeover offer , says it undervalues prospects

2015-05-08 12:40:02| Biotech - Topix.net

Swiss biotechnology company Syngenta said Friday that it has rejected a takeover offer from Monsanto Co., a bid that it said greatly undervalued its prospects. Syngenta's shares jumped 17 per cent on the interest, however.

Tags: company offer swiss prospects

 
 

Fremont student, 17, wins Bay Area biotech genius competition

2015-05-08 00:18:37| Biotech - Topix.net

Fremont resident Vaishnavi Shrivastava, 17, took first place in the 2015 Amgen Bay Area BioGENEius Challenge, the premiere competition for high school students recognizing outstanding research in biotechnology. Her research centers on the biotechnology field use of stem cells to treat osteoporosis.

Tags: area student bay competition

 

Biotech Booms on Fat Synageva Deal, Bucks Yellen-Fueled Fears

2015-05-07 01:18:47| Biotech - Topix.net

Federal Reserve Chair Janet Yellen turned the bulls yellow today after she said that stocks valuations are high, and that long-term bond yields could jump when the Fed raises rates. The comment pushed the S&P 500 down 0.5%, while the ten-year US Treasury yield rose 5.6 bps to 2.21%.

Tags: deal fat fears biotech

 

Eli Lilly joins biotech stampede into Cambridge with new innovation center

2015-05-06 17:09:00| Biotech - Topix.net

Eli Lilly will lease the entire third floor of the building at 450 Kendall St. and plans to hire 30 employees there over the next two years. Following in the footsteps of other big pharmaceutical companies staking claims in Kendall Square, drug giant Eli Lilly says it plans to open a new innovation center at 450 Kendall St. Indianapolis-based Eli Lilly will take up the entire third floor of the building, about 17,000 square feet, according to the California-based owner of the building, BioMed Realty.

Tags: center innovation cambridge eli

 

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