GermanyGermany

Stem cell experts fear brain drain

09.06.2009

Brussels/Washington – EU stem cell researchers feel under pressure since Barack Obama lifted the 8-year-old US ban on federal funding of research on human embryonic stem cells (hESCs) in March. “From the moment he lifted the ban, our postdocs were invited to US conferences, where competitors tried to hire them,” Cologne-based stem cell researcher Jürgen Hescheler told EuroBiotechNews. UK stem cell pioneer Stephen Minger said that the lift of the ban could easily support a brain drain from Europe to the US. “There is a danger that researchers will vote with their feet and flock to the US if they think funding is more readily available and more easy to obtain (there) than in other countries.” An NIH spokesman told EuroBiotechNews that currently no budget has been adopted for research on hESCs, but that stem cell research is “one of 15 priority areas for which US$200m have been allocated.” Funding will be available for research on existing stem cell lines, but not for their derivation, based on guidelines laid out in the Jay Dickey Amendment of 1995.

Germany, FranceGermany

21.12.2011

Martinsried/Paris - Sanofi has done some Christmas shopping in Munich and has licensed Scil Technology’s programme for the regenerative treatment of osteoarthritis and cartilage disorders. Under the agreement, Scil could reap up...

GermanyGermany

20.12.2011

Monheim - It's nearly Christmas, and Bayer Crop Science gives out some presents. As the company announced, a $750 million settlement with U.S. rice farmers is now binding and can move forward. In summer the German firm had agreed...

GermanyGermany

16.12.2011

Bonn – Germany’s federal government is prolonging one of its most successful measures to date for stimulating the establishment of high-tech companies – the High-Tech-Gründerfonds (HTGF). The HTGF was launched in 2005 with €272m...

GermanyGermany

15.12.2011

Leverkusen – One short statement from the European Medicines Agency (EMA) means one giant step for German biotech company Biofrontera. The agency issued a favourable opinion on the firm’s marketing approval application for its...

GermanyGermany

15.12.2011

While the European sovereign debt crisis keeps capital markets in a choke-hold, with potential negative effects on the financing situation in many industries – including biotech – there was encouraging news for drug-developing...

GermanyGermany

08.12.2011

Heidelberg – There is still life in the European life science finance. EMBL Ventures has closed a €40m fund. The early stage investor and the venture capital arm of the European Molecular Biology Laboratory(EMBL) announced the...

GermanyGermany

03.11.2011

Düsseldorf – BIO-Europe 2011 in Düsseldorf has again broken all previous records in terms of participants and company numbers. More than 3,000 representatives from 1,800 companies registered for Europe‘s largest partnering event....

GermanyGermany

02.11.2011

Brussels/San Francisco – As the biggest biotech partnering event on the continent, BioEurope, draws to a close, the venture capital community sent ambivalent messages for life sciences. Dow Jones VentureSource, an analyst,...

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