Archive for August, 2003

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August 7, 2003

Biotechs big winners in VC rebound

Biotechnology companies are leading a rebound in venture capital investment in the New York metro area, a new survey shows.

Investors put $380 million into 56 companies in the second quarter of this year, for a 63% jump in venture capital investment over the first quarter, according to the MoneyTree Survey by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association.

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August 7, 2003

Vatican in favour of GM Food
: “The Vatican has made an endorsement of controversial genetically modified foods by declaring that they hold the answer to world starvation and malnutrition.”

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August 1, 2003

Genetically engineered trees sprouting quietly… for now
Roll over John Muir and tell Johnny Appleseed the news: biotechnology is coming to the forest and orchard.