  - BIO president calls on Congress to invest in innovation
BIO President and CEO James Greenwood, during the Biotech 2011 meeting in Philadelphia, criticized some of the cost-cutting measures that are being discussed in Washington, particularly those that would reduce Medicare drug payments. Greenwood said the measures would bring further hardships to biotech companies struggling through the regulatory approval process. Greenwood said lawmakers need to "invest in innovation" and build a "21st century FDA" in order for the U.S. to maintain competitiveness in the global life sciences industry. American City Business Journals/Philadelphia (10/25)        | With in-depth industry experience and expertise, GE Capital, Healthcare Financial Services’ dedicated Life Science Finance team has worked with more than 500 companies and provided over $2.5 billion in financing to the market. Click here to find out more and take our online poll. | - EU ban on ESC patents might speed up research
The European Court of Justice's retroactive ban on patents for procedures involving the destruction of a human embryo might speed innovation as companies instead patent technologies, chemicals, equipment and growth media for turning embryonic stem cells into treatments, experts say. "If anything the ruling is an opportunity," said scientist Chris Mason of University College London. Nature News (10/24) - Group of microRNAs inhibits cell reprogramming
A group of microRNAs called miR-34 miRNAs inhibits cell reprogramming by blocking genes that play a role in pluripotency, according to a study published in Nature Cell Biology. The findings indicate that inhibiting miR-34 miRNAs may facilitate the transformation of somatic cells into induced pluripotent stem cells. The Scientist (free registration) (10/2011)  | John Jantsch invites you to go local
As customers continue to rely on the Web to help them screen local businesses, local businesses must take steps to ensure that they pop to the top of online searches. Duct Tape Marketing's John Jantsch offers strategies for local marketing success in this free white paper from American Express OPEN, How to Win at the Local Marketing Game. Download your free copy now, exclusively for SmartBrief readers. |
 - Novartis restructuring, shifting resources to reduce costs
Novartis is letting go of 2,000 U.S. and Swiss workers to reduce expenses during the next three to five years. The effort also includes shutting down a few sites and restructuring research-and-development operations. However, Novartis will add 700 jobs in China, India and other low-cost markets. PharmaTimes (U.K.) (10/25)  | LET’S GO DESIGN: Episode #5
In this episode of SolidWorks’ interactive web series, Jeremy moves closer to the final design of our Hot Rod Baby Buggy and also hot-wires the golf cart motor to show how the aluminum tracks perform flawlessly. Watch at LetsGoDesign.tv. |
 | Drug Development Basic Training |  |  | |  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
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| Food & Agriculture | | | | | Industrial & Environmental | | | | - Aventine educates first responders on ethanol safety
Aventine Renewable Energy held training on anhydrous ammonia and ethanol safety last week. The seminars, at the company's corn-based ethanol facility in Pekin, Ill., were attended by about 100 people from fire departments, chemical companies, power plants and more. An Aventine official suggested other companies consider hosting similar training. "We've always tried to be a good neighbor," he said. EthanolProducer.com (10/25) | News from BIO | | | | - BIOtechNOW
BIOtechNOW is the first in a number of new products from BIO intended to enhance our communications with the biotech community -- not only with our members, but with other stakeholders as well. This monthly e-newsletter, combined with its website, serves as our flagship in that effort. BIOtechNOW will offer original content that emphasizes the business needs of the industry; highlight BIO's advocacy efforts; and provide a portal to all BIO activities and events. Most importantly, it will spotlight for those outside the industry the value of biotechnology. Sign up for the monthly BIOtechNOW e-newsletter.
| Editor's Note | | | | - Welcome to our new Wednesday Featured Content Provider, BioPharm International!
BioPharm International magazine integrates the science and business of biopharmaceutical research, development and manufacturing. Every Wednesday, they'll bring BIO SmartBrief readers information about the transition from drug discovery to development in the new "Drug Development Basic Training" section. Check out the new section in today's issue and let us know what you think. | SmartQuote | | | |  | No one can possibly achieve any real and lasting success or get rich in business by being a conformist."
--J. Paul Getty,
American industrialist  |
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