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Tomato Jumping Genes Could Help Speed-breed Drought Resistant Crops

Once dismissed as ‘junk DNA’ that served no purpose, a family of ‘jumping genes’ found in tomatoes has the potential to accelerate crop breeding for traits such as improved drought resistance.

Brain cell survived after transplantation in mice without the need for lifelong anti-rejection drugs

In experiments in mice, researchers say they have developed a way to successfully transplant certain protective brain cells without the need for lifelong anti-rejection drugs.

Boston Beer CEO: We’re looking at cannabis after success of hard seltzer business

The CEO of Boston Beer Company told CNBC on Friday that the brewer is looking to enter the cannabis market next after its success in the hard seltzer business.

Immunicum’s ilixadencel successful in kidney cancer

Immunicum has announced that in a trial, ilixadencel in combination with Pfizer’s Sutent (sunitinib) achieved complete tumour responses in five out of 45 metastatic kidney cancer patients (11%) in contrast to one out of 25 in the sunitinib monotherapy control arm (4%).

AbbVie discontinues Rova-T programme

AbbVie has announced the discontinuation of its Rova-T (rovalpituzumab tesirine) research and development programme, following a failure to demonstrate survival benefit at a pre-planned interim analysis.

DIC to acquire BASF’s worldwide pigments business for $1.3 billion

BASF has announced that DIC Corp. (Tokyo, Japan) will acquire BASF’s worldwide pigments business. The cost of the transaction is €1.15 billion ($1.27 billion) on a debt-free basis.

Quaker Houghton to Acquire Operating Divisions of Norman Hay plc

Quaker Houghton (NYSE: KWR) announced today that it has agreed to acquire the operating divisions of Norman Hay plc, a private UK company that provides specialty chemicals, operating equipment, and services to industrial end markets, for a purchase price of 80 million GBP (~$98 million at current rates), subject to post-closing adjustments.

ExxonMobil, Mosaic Materials to explore carbon capture technologies

ExxonMobil and Mosaic Materials have entered into an agreement to explore the advancement of technology to remove carbon dioxide from emissions sources.

Amgen to acquire Otezla® for $13.4 billion in cash

Amgen (NASDAQ: AMGN) announced today that it has entered into an agreement with Celgene Corporation (NASDAQ: CELG) in connection with its previously announced merger with Bristol-Myers Squibb Company (NYSE: BMY) to acquire worldwide rights to Otezla® (apremilast), the only oral, non-biologic treatment for psoriasis and psoriatic arthritis, and certain related assets and liabilities, for $13.4 billion in cash, or approximately $11.2 billion, net of the present value of $2.2 billion in anticipated future cash tax benefits.

Australia’s Argosy Minerals inks lithium supply deal with Mitsubishi Corp RtM

Lithium miner Argosy Minerals Ltd said on Friday it has signed a preliminary agreement with a unit of Japan’s Mitsubishi Corp for the supply of lithium carbonate product.

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