Latest From Biotech Now

Traditional Knowledge and Genetic Resources: India Misses the Mark

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India recently asked the global community for comments on its “Draft Guidelines for Processing of Patent Applications Relating to Traditional Knowledge and Biological Material.”  BIO was very active in their support of the goals of the Convention on Biological Diversity and “believes that a practical and workable Access and Benefit Sharing regime will benefit both the owner and the user of genetic resources and help countries to utilize their resources to develop their economies.”  BIO Read More >

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Research: Working Together Toward Cures

Jim Greenwood

Modern biomedical innovation and the discovery of new cures and therapies for devastating diseases require robust collaboration and coordination among industry, research institutions and physicians. By bringing together the brightest minds in medical research, our nation’s research enterprise has successfully brought hundreds of new drugs, biologics, and vaccines to market in recent years and developed a wealth of clinical prescribing information. Ongoing research is advancing the fight against some of humanity’s worst scourges, such as Read More >

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All I Want for Christmas is Jobs and National Security

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The U.S. military is making strides toward reducing its dependence on foreign oil by increasing its use of renewable energy such as advanced biofuels. The Air Force wants to use alternative aviation fuels for 50 percent of its domestic aviation needs by 2016, and the Navy plans to use alternative energy sources to meet 50 percent of its energy needs by 2020. Why is this so important to the military and our country? For every Read More >

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Big Ventures

It is rare to see triple digit millions in private financing rounds, but it does happen once or twice a year on average. In the headlines last week, was the largest triple digit VC round in years – the $160M in venture capital funding for Intarcia. With the simultaneous debt financing of $50M, the total funding round was $210M. Behind the deal were existing investors New Enterprise Associates, New Leaf Venture Partners and Venrock, plus Read More >

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Diverting Attention from Rising Food Costs

EPA

The EPA on Friday Nov. 16 rejected the petitions by governors of several states to waive the Renewable Fuel Standard for the coming year. The petitions were filed in August 2012 while farmers across numerous states suffered the worst drought in recent history. While everyone recognized the severe economic hardships caused by the drought, the agency found that the evidence did not show that the RFS “would likely or even probably cause harm to the Read More >

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