Investment in US refineries is on the upswing due to increased profitability. Driven by higher oil prices, rising demand and years of underinvestment, US refining margins remain healthy. According to Wood Mackenzie, US demand for gas is forecasted to outpace supply over the next three years due, in part, to shutdowns of refineries, as upgrades […]

Upcoming moves by the FDA could spur a number of pharmacogenomic studies for warfarin and eventually bring pharmacogenomic tests into the mainstream. The Food and Drug Administration is considering changes to the label of warfarin, a popular anticoagulant, that warn consumers of the drug’s varying effects on people depending on their genotypes. While there are […]

Public funding sources in the EU and Australia are establishing programs to assist biotechnology projects that are trying to negotiate the so-called “valley of death”—the funding gap that lies between academic grants and industrial licensing or venture capital backing. The European Investment Fund entered into a €8 million ($10.6 million) partnership with Belgium’s University of […]

The FDA plans to define the term “gluten-free” for the purposes of food labeling. The FDA has produced a draft proposal in January and is accepting comments on the proposal until April. According to the FDA, a gluten-free food does not contain wheat, rye or barley; it also should not contain any ingredient made from […]