Not Too Bad

The biotech sector in four established areas — the US, Europe, Canada, and Australia — performed well financially in 2011, says a new report from Ernst & Young. However, Reuters adds that smaller companies are having a hard time finding funding.

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Cancer researcher loses funding under new Wellcome Trust anti-bullying policies, the Guardian reports.

In Science this week: International Wheat Genome Sequencing Consortium publishes the bread wheat cultivar Chinese Spring reference genome, and more.

At his FDA Law Blog, Jeffrey Gibbs discusses FDA's technical assistance for the draft Diagnostic Accuracy and Innovation Act.

The New York Times reports that genetic testing has uncovered unfaithful penguins at a Utah aquarium.