A good year for US biotech, but caution is still advised
Article Abstract:
Biotechnology shares in the stock market perked up in the second half of 1995, resulting in total gain in stock value of 68.4% for the year 1995. This was due to encouraging results from clinical trials, sales and manufacture of new drugs. However, some observers note that the good times for the industry may not last. They claim that young stock analysts lack proper training while drugs undergoing development may either underperform or be too costly. Biotechnology companies may benefit from mergers while second-generation managers may aid in improving sustainability.
Publication Name: Nature
Subject: Zoology and wildlife conservation
ISSN: 0028-0836
Year: 1996
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GM backlash leaves US farmers wondering how to sell their crops
Article Abstract:
American farmers are feeling the effects of a consumer movement against genetically modified (GM) foods which has spread across Europe and Japan. The farmers, while appreciating the convenience of the built-in pesticides in GM crops, fear they will not be able to find buyers for their harvests. The American Corn Growers Association has advised its members not to plant GM maize, while the Organic Trade Association is debating how best to protect its members' crops from 'genetic trespass'.
Publication Name: Nature
Subject: Zoology and wildlife conservation
ISSN: 0028-0836
Year: 1999
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US proposes relaxing rules on trials of biotech crops
Article Abstract:
Environmentalists and industry advocates alike are displeased with proposed rules that would loosen regulations governing trials of genetically altered crops. Environmentalists fear that since no advance notice of a crop trial would be required, there would be no opportunity for public comment. Biotechnology companies fear that a relaxation of federal rules would prompt more restrictive ones by the states.
Publication Name: Nature
Subject: Zoology and wildlife conservation
ISSN: 0028-0836
Year: 1992
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