Did you see the news this week that the two major personal DNA analysis companies, 23andMe and Navigenics, got licensed in California? What a brouhaha it's been--regulators issuing cease-and-desist letters, apparently aiming to protect consumers from sham operators in this nascent industry.
I just visited 23andMe's Linda Avey, who founded the company with Anne Wojcicki. Wojcicki happens to be the wife of Sergey Brin, the co-founder of Google (GOOG), and Google MORE
Jessica Shambora, Writer-Reporter - Aug 21, 2008 6:10 PM ET
"I worry when people ask, 'How many stock options am I going to get?' We hire people who want to cure diseases."
--Art Levinson, chairman and CEO of Genentech (DNA), said this during Genentech's investor day in New York City this past March. Yesterday Levinson raised Genentech's earnings forecast, and the stock is up substantially in a down market.
Jessica Shambora, Writer-Reporter - Jul 15, 2008 2:57 PM ET
Last week we told you that Pfizer (PFE) CEO Jeff Kindler had visited Fortune and fielded questions on the slow-growing pharmaceutical industry -- an industry suffering its lowest rate of expansion since 1961. Today we read in The Wall Street Journal that the FDA approved just 19 new medicines in 2007 -- the fewest in 24 years. Depressing, yes?
Every depression, though, has its bright spot -- and the bright spot MORE
Patricia Sellers - Jun 30, 2008 1:43 PM ET
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