Wednesday, April 8, 2009

Epix says that he may for the protection of bankruptcy

EPIX said it began an offer to the holders of 100 million U.S. Dollar banknotes leading convertible bonds due in 2024, are able to trade in their notes. $ 1000 each in the trade for 180 $ in cash and 339 shares EPIX. People who trade in their notes entitled to additional payments if the company buys more notes, the future.Epix lost 65 percent of their value in 2009 and after the announcement on Tuesday, they went from 10 cents or 22 per cent to about 36 cents.
EPIX debts.Last biopharmaceutical company's restructuring if not months and can be Tuesday, but you may need to apply for bankruptcy protection, the company's independent auditors concerns EPIX's ability to maintain expressed about the business. A few months ago, said the company cut its work force, and to pay off the debt of some combination of cash and stock strategy.The half of research and development company, and narrow for dollar 28000000 has sold the rights to market the drug angiography.

Tuesday, April 7, 2009

Biotechnology boom raises security fears

Hundreds of research laboratories throughout the world as the costs and lead times in developing and falls tumble scientists, products with a potential for food or medicine production.As rapid advances in biotechnology to develop and produce lighter murderer organizations that are experts better monitoring of the industry in order to prevent the progress terrorists.Such criminals, the rapid progress and let the politicians are wondering how the security in a province not regulated - a concern that land to a weekend in Morocco, where the conference experts, the threat of a pandemic, and large biological incidents in the Middle East and Northern Africa.

Genetically modified organisms are used for bridging of vaccines, the diseases could be processed soft lethal and deadly viruses and bacteria are created from scratch.Equipment as micro-reactors, the flow of reactors and reactors used disposable packages for the production of complex molecules quantities not existing 10 ago.In 2002, it took five years to the genomic sequence of a polio virus. Three years later, one week for a team in the same size to do in a virus over a similar period.