Sigma-Aldrich and Sangamo Ink Reagent Development Deal
Sigma-Aldrich and Sangamo BioSciences this week announced an alliance to develop reagents based on Sangamo's zinc finger DNA-binding protein technology.
The companies said that the alliance combines Sigma's global marketing capabilities with Sangamo's expertise in the field of ZFPs.
Scientists at Sigma-Aldrich and Sangamo will use ZFP nucleases like precision "surgical instruments" to modify genes in cells and to develop and market ZFP products for broad use in reagent applications.
Among the anticipated applications are cell lines with enhanced protein production performance, panels of knock-out cell lines for drug discovery, and novel stem cell and transgenic animal models.
GE Healthcare Q2 Revenue, Profit Fall
General Electric this week said that second-quarter revenue for its Healthcare division slipped slightly as income declined 8 percent. GE Healthcare’s revenue for the three months ended June 30 dipped to $4.13 billion from $4.16 billion year over year.
GE Healthcare’s net earnings for the quarter dipped to $731 million from $795 million in the second quarter of 2006. GE did not break out its research and development expenses for the Healthcare segment.
GE's total revenues for the quarter were $42.3 billion, up from $37.7 billion during the same period last year.