QDIS Blog

First Possible Hostile Takeover in Biotech

by Ed Vawter @ 11:31 am. Filed under Pharma News

Seems Genzyme doesn’t want to take no for an answer in their bid to acquire AnorMED.

Genzyme to Make Offer for AnorMed - New York Times

NY Times reports that Genzyme may try a hostile takeover which would be a first in the Biotech industry. some worry that if Genzyme does succeed, then key people within AnorMED will just leave. I’m not sure that’s the case and AnorMED is already having their own troubles with shareholder dissent.

This will be an interesting story to follow and see if the first hostile takeover will occur in Biotech. My opinion is that a hostile takeover won’t occur. Genzyme will raise its offer and eventually AnorMED will accept it and become part of Genzyme. That’s just my best guess as to what will happen..

Technorati Tags: Anormed, Genzyme, pharma M&A

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Journal Nature will clarify human embryo study

by Ed Vawter @ 11:29 am. Filed under Science, Technology

Here’s another report on the situation on the article recently reported in the journal Nature regarding Advanced Cell Technology’s technique for creating new stem cell lines.

KRT Wire | 08/31/2006 | Journal will clarify human embryo study (Chicago Tribune)

This article outlines the fact that the journal Nature will add a statements to clarify what was actually meant.

Technorati Tags: Advanced Cell Technolgy, stem cell, stem cells

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Steve Irwin, Crocodile Hunter Dies

by Ed Vawter @ 11:05 am. Filed under Science

While driving home from being away over the Labor Day weekend, I heard on the radio that Steve Irwin, known as the Crocodile Hunter, had died from a sting by a stingray on the Great Barrier Reef.

Irwin pulled barb out of chest before death - Yahoo! News

At first this surprised me since stingray stings are usually not fatal. However, after arriving home and doing more research I found out it was reported that the barb went into the chest and likely penetrated the heart. It seems it was a freak accident.

I’ve always enjoyed his shows on Animal Planet and liked his enthusiasm and energy. His presence will be sorely missed by many.

I always loved his genuine love for animals and conservations and that he always did what he felt was best. He also put into practice what he preached using his wealth to further build the Australia Zoo in Queensland, Australia and to buy acres of the wild outback to protect the habitat for endangered animals. His wife Terry grew up here in Oregon a few hours from where I live. Sadly he leaves behind not only his wife, but also two small children, Bindy Sue age 8 and Bob age 3.

Rest in Peace Steve

(photo from Yahoo News)