Navigation Links
Biotech Survives Market Turbulence in November

e myeloma. Millennium's share value did take a slight hit after reporting that it was dropping development of its MLN3897 for rheumatoid arthritis after it was shown not to be effective in Phase II clinical trial.

Also stubbing their toes were Amgen Inc. and Vertex Pharmaceuticals. Amgen reported that interim results of a Phase III study of anemia drug Aranesp as a breast cancer treatment failed to show a significant difference between patients using the drug and those in control groups. The news came too late to effect the company's share price, which fell to $53 in after-hours trading, having closed the month at $55.25, down 5% (-19% year-to-date).

Vertex Pharmaceuticals Inc's shares closed the month down 21% after safety concerns prompted its partner Merck & Co. to suspend enrollment in their Phase II clinical trial for testing the leukemia treatment MK-0457. One patient was observed with a QTc prolongation, a heart condition that results in irregular heartbeat and could result in a heart attack.

Biotech Industry's Market Cap

The biotech industry's market cap dropped 1.2% in November to close at $484 billion.

Biotech Indices

Index 12/29/06 3/30/07 6/29/07 9/28/07


Biotech Select 303.96 317.03 319.5 348.75

Burrill Large Cap

Biotech 424.56 419.97 409.56 450.85

Burrill Mid-Cap

Biotech 171.55 179.02 183.23 199.75

Burrill Small Cap


143.6 144.44 142.06 137.03

Burrill Genomics 101.69 107.98 91.68 96.62

Burrill AgBio 124.52 141.8 171.3 179.11

Burrill Industrial 150.85 148.59 163.99 157.54

Burrill Diagnostic 122.79 136.76 149.77 169.72



SOURCE Burrill & Company
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related biology technology :

1. Spherix Shareholders Support Companys Focus on Naturlose, Biotechnology
2. China Kangtai Cactus Biotech Files 2nd Quarter 2007 10QSB and Announces Unaudited Quarterly Results
3. ISI Increases West Coast Life Science and Biotech Support for Emerging Companies with Expansion in San Francisco and San Diego
4. Amyris Biotechnologies Co-Founder Neil Renninger Named to Technology Reviews Prestigious TR35 List of Top Young Innovators
5. Finkelstein Thompson LLP Announces GPC Biotech AG Investigation
6. Operon Biotechnologies and DNA2.0 Announce Co-Marketing and Technology Development Partnership
7. Clinical Data Acquires Epidauros Biotechnologie AG, Significantly Enhancing Proprietary Genetic Biomarker Portfolio
8. Microchip Biotechnologies, Inc. Secures Exclusive License to Use New University of Alberta Technology for Developing Microfluidic Devices
9. Shareholder Class Action Filed Against GPC Biotech AG by the Law Firm of Schiffrin Barroway Topaz & Kessler, LLP
10. Favrille CEO to Present at NewsMakers in the Biotech Industry Investment Conference
11. NeurogesX to Present at BioCenturys NewsMakers in the Biotech Industry Conference
Post Your Comments:
(Date:11/17/2014)... , Nov. 17, 2014 Soligenix, ... late-stage biopharmaceutical company developing products that address unmet ... and biodefense, announced today the formation of a ... guidance to the Company as it advances the ... for the treatment of cutaneous T-cell lymphoma (CTCL), ...
(Date:11/16/2014)... Rowley, MA (PRWEB) November 16, 2014 ... University's Renovation With Filtered Fume Hoods, 3 Years Later” ... In the fall of 2011, Butler University surprised many ... fume hoods in their organic chemistry and general chemistry ... several shortcomings due to building age and substantial growth ...
(Date:11/15/2014)... (PRWEB) November 14, 2014 As ... is making significant investments in its network and ... modern cold chain and the complex requirements of ... ongoing focus on customized logistics and transportation, and ... of existing facilities. There will be an emphasis ...
(Date:11/15/2014)... 14, 2014 The International ... today that the society’s Governing Board has grown ... Lifesciences chief scientific officer and Dr. Charles Simonton, ... Abbott Vascular. Mr. Rowe and Dr. Simonton ... development experts. , Dr. Nabil Dib, ISCTR ...
Breaking Biology Technology:Soligenix Announces Formation of Cutaneous T-Cell Lymphoma Medical Advisory Board 2Soligenix Announces Formation of Cutaneous T-Cell Lymphoma Medical Advisory Board 3Soligenix Announces Formation of Cutaneous T-Cell Lymphoma Medical Advisory Board 4Soligenix Announces Formation of Cutaneous T-Cell Lymphoma Medical Advisory Board 5Soligenix Announces Formation of Cutaneous T-Cell Lymphoma Medical Advisory Board 6Don't miss the I2SL High-Tech Talks Webinar Series Presenting: Butler University's Renovation With Filtered Fume Hoods, 3 Years Later 2Don't miss the I2SL High-Tech Talks Webinar Series Presenting: Butler University's Renovation With Filtered Fume Hoods, 3 Years Later 3QuickSTAT Announces Global Expansion Plan to Enhance Its Global Network and Cold Chain Logistics Capabilities for Life Sciences 2International Society for Cardiovascular Translational Research Governing Board Adds Medical Industry Leaders 2
... did a brief summary of Thomas Friedman's 2005 ... All and its impact on the world of biotechnology. After returning ... meaning to my perspective. , ,I have since begun to read ... its implications in general, but specifically for the world of Big ...
... cities will share a $2.5 million allocation from the ... DOE's 2007 Solar America Cities initiative. , ,Solar America Cities, ... energy program announced by DOE Secretary Samuel W. Bodman, ... integrate solar technologies into city energy planning, zoning, and facilities, ...
... in grades six through nine are expected to take ... June 26 to 28 at Madison Area Technical ... employers to encourage young women to consider future careers ... that introduce girls to fields like biotechnology, civil engineering, ...
Cached Biology Technology:The Right Brain: A neurological solution to the flattening world 2The Right Brain: A neurological solution to the flattening world 3The Right Brain: A neurological solution to the flattening world 4The Right Brain: A neurological solution to the flattening world 5
(Date:11/5/2014)... dedicated his career to understanding the Earth,s climate ... , As deputy director and regional climatologist for ... Research Institute, Redmond has more than three decades ... of climate data to the general public. , ... Francisco on December 15-19, 2014 the American Geophysical ...
(Date:11/4/2014)... Temple University School of Medicine announced today that ... initiative funded by the Bill & Melinda Gates ... Obstetrics, Gynecology and Reproductive Sciences; and Vice Chair ... School of Medicine will pursue an innovative global ... Biomarkers to Assess Fetal Neurodevelopment.", Grand Challenges Explorations ...
(Date:11/4/2014)... 2014) – A majority of Madagascar,s 101 species of ... serious consequences for the rainforests they call home. A ... impacts lemurs can have on rainforest tree populations, which ... have on the region,s rich biodiversity. , A large ... by lemurs. Lemurs in turn disperse the seeds ...
Breaking Biology News(10 mins):Nevada climatologist to be honored at AGU Fall Meeting for lifetime of public outreach 2Temple University School of Medicine receives Grand Challenges Explorations grant 2Gardeners of Madagascar rainforest at risk 2Gardeners of Madagascar rainforest at risk 3
... other edible oilseed plants as sources for biodiesel production, enter ... and socks away large amounts of oils that are suitable ... in ACS, bi-monthly journal Energy & Fuels . ... biodiesel fuel from plant oils such as rapeseed, palm, ...
... While most people have intuitive reactions to Web sites, ... actually measure those emotions and more. Aude Dufresne, ... led a team of researchers that are designing a new ... Simply put, the new software measures everything in Web ...
... Until now, the scientific community had thought that whistles ... were unaware of the importance and use of burst-pulsed ... based in Sardinia (Italy) have now shown that these ... mirror their behaviour. , "Burst-pulsed sounds are used in ...
Cached Biology News:Dolphins use diplomacy in their communication 2
A camera based compact unit for high speed scanning of 2D barcoded tubes in a cluster rack. This reader has been designed to read both 96 and 48 tube rack configurations and be compatible with common...
... α-Amylase is a hydrolytic enzyme that ... mixture of glucose, maltose, maltotriose and,dextrins. ... fluids of the human,body are of ... are important enzymes for industry.4, The ...
Biology Products: