NEW YORK (GenomeWeb News) – GeneNews today said that it has raised an additional C$1,475,210 (US$1.2 million) through the third tranche of a private placement of debentures.

The total amount of debentures sold to date in the offering is C$3,252,342. GeneNews said that more than one quarter of the debentures were purchased by members of management and the board of directors.

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The New York Times reports that United Nations delegates have been discussing how to govern the genetic resources of the deep sea.

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