NEW YORK (GenomeWeb News) – Decode Genetics disclosed in a filing with the US Securities and Exchange Commission yesterday that it will not make its scheduled Oct. 15 interest payment on its outstanding 3.5 percent convertible notes due 2011.

The cash-strapped firm said that it has to pay the interest within 30 days after the Oct. 15 date, or it will be in default under terms of the indentures securing the notes.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

The president of France's National Research Agency has resigned, according to Nature News.

A senator wants a "right-to-try" provision in the US Food and Drug Administration funding bill, but an ethicist says at Stat News that it would undermine the role of clinical trials.

In PNAS this week: red algae Porphyra umbicalis genome, deep neural network model for sequencing peptides, and more.

The Guardian's Barbara Ellen has tried out some DNA testing services to see whether they provide valuable information.