Biotechnology News

How Prop. 71 came to life (San Diego Union-Tribune)
California Stem Cell Research and Cures Act was work of eclectic group that included film director, finance expert, Republican and researcher.

Celebrex Lifts Heart Attack Risk in Trial (Reuters)
Pfizer Inc. said its popular Celebrex arthritis drug more than doubled the risk of heart attack in a large cancer-prevention trial, a setback that comes just weeks after Merck & Co. recalled its similar Vioxx drug due to heart safety risks.

Pfizer's Heart Attack (Forbes)
Since Merck's Vioxx was pulled from the market for increasing the risk of heart attack and stroke in a long-term study, there has been heated debate over whether other, similar medicines, such as Pfizer's Celebrex and Bextra, carry similar risks.

California Stem Cell Initiative Challenged (San Diego Union-Tribune)
Scientists, educators and patient advocates gathered yesterday to begin figuring out how to distribute $3 billion in state funding for stem cell research, but it quickly became clear the job will be controversial.

Biotech cluster bluster (San Diego Union-Tribune)
San Diego, Bay Area both working to land new institute for stem cell research.

California's New Stem-Cell Initiative Is Already Raising Concerns (New York Times)
As California moves to begin a lushly financed program of embryonic stem cell research, medical ethicists and other skeptics are concerned that the $3 billion that state voters approved for the endeavor could become a bonanza for private profiteers.

California Stem Cell Project Energizes Other States to Act (Los Angeles Times)
To keep researchers from being lured away, other funding efforts are in the works.

Biotech seek VC alternatives (Bizjournals.com)
Biotechs are forging deals, including partnerships, to find cash.

The Stem Cell Gold Rush (Wired)
Scientists around the country who study embryonic stem cells may be mourning four more years of President Bush's restrictive funding policy, but California scientists are throwing a party, and top researchers in less-funded states are hoping for invitations.

Schwarzenegger Backs Stem Cell Study (Los Angeles Times)
Schwarzenegger's backing of a $3-billion stem cell initiative and a blanket primary goes against his party's positions. The measures are narrowly ahead in polls. His support could tip the balance.

Genzyme reports a strong third quarter (Red Herring)
The leader in rare-disease drugs continues to profit in a small market.

Will this research pay off? (San Diego Union-Tribune)
Stem cell studies could escalate if investors see profit motive.

HIV in monkeys 'blocked by drug' (BBC)
Scientists believe they are a step closer to understanding how to block HIV transmission between men and women.

Death of a Drug: The Aftermath of Merck's Recall (Knowledge@Wharton)
Less than a week after Merck & Co.'s voluntary withdrawal of its blockbuster arthritis pain medication Vioxx, the jury is still out on whether the pharmaceutical giant followed the cardinal rule of corporate crisis management: "Hide nothing, tell all."

VCs bankroll bid for stem cell research (San Francisco Business Times)
Venture capitalists appear far more enthusiastic than the biotechnology industry about a proposition that would create nearly $3 billion for stem cell research in California over 10 years.

Stem Cells May Open Some Eyes (Wired)
Scientists have derived retinal cells from embryonic stem cells for the first time, in a breakthrough that could lead to the first therapeutic use of the controversial cells.

Boost for biotech in S.F. (San Francisco Chronicle)
Gladstone Institutes to open Mission Bay research center.

Getting Out Of Biotech's Second Tier (Washington Post)
If you added all the biotech activity that industry executives and local officials across the country have forecast for the next decade, my guess is the industry would be roughly the size of the Chinese economy.

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