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 | Today's Top Story |  |  | | | Health Care & Policy | | | | - Celgene seeks FDA approval of Abraxane for pancreatic cancer
Celgene plans to submit Abraxane, or paclitaxel, within the next five months for FDA approval as a treatment for pancreatic cancer after obtaining promising results from a Phase III study. Patients with advanced pancreatic cancer who took Abraxane, in combination with gemcitabine, had median overall survival of 8.5 months versus 6.7 months for those given gemcitabine alone. Abraxane is already cleared for lung and breast cancer. Reuters (1/22)       - Scientists use Shakespeare to explore DNA's storage capacity
Scientists at the European Bioinformatics Institute used DNA to write out all 154 of William Shakespeare's sonnets and encode audio portions of Martin Luther King Jr.'s "I Have a Dream" speech to show the vast storage capabilities of DNA strands. Scientists say one gram of DNA is capable of holding more than a million CDs and could be a new way to digitally store massive amounts of information for thousands of years. The Guardian (London) (1/23) | Company & Financial News | | | | - J&J considers potential sale or spinoff of diagnostics biz
Johnson & Johnson said it is exploring a possible sale or spinoff of its Ortho Clinical Diagnostics unit, which develops laboratory and blood transfusion testing tools. The company made the disclosure after reporting better-than-expected quarterly profits, driven by strong sales of its artificial hips and knee implants. Reuters (1/22) | Industry Deals | | | | | Food & Agriculture | | | | - Cereal makers explain biotech crops' safety and benefits
Kellogg and General Mills stood behind the use of biotech ingredients in their breakfast cereals in response to calls to either label or remove them in their products. Biotech crops are safe and provide more food with fewer pesticides, Kellogg spokesman Kris Charles said. General Mills, meanwhile, reiterated its objections to state-by-state labeling policies. FoodNavigator (1/23) | Industrial & Environmental | | | | - Congress is asked to reinstate funding to farm bill's energy programs
The Agriculture Energy Coalition is asking Congress to pass a new five-year farm bill with fully funded energy programs. "Farm energy programs have paid a tremendous return for rural Americans, in terms of new jobs, investments in new energy efficiency and bioenergy technology, and new biobased products," said Lloyd Ritter, co-director of the coalition. The "fiscal cliff" package approved by Congress earlier this month extended the 2008 farm bill but stripped its energy programs of funding. DomesticFuel.com (1/22)  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
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