Bioprospecting for genes of new species in the world’s oceans has become complex and extremely lucrative.
The company’s stock ran higher after the company buoyed investors’ hopes that its technology will boost a lineup of new popular drugs.
The growing sector scored its second-highest month ever for total money-raising.
Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.