summary Companies Law firms Viking accused Ascletis of taking secrets after collaboration ‘ruse’ Secrets supposedly allowed Ascletis to skip years of research to create a competing drug (Reuters) – San Diego-based biopharma company Viking Therapeutics Inc sued China-based Ascletis Bioscience Co. in California federal court Thursday, alleging Ascletis stole trade secrets related to its leading … Read more
Farmers stuck between rising outlay and milk price cap Government caught between inflation fears and fiscal crisis Shelves empty as milk production plummets TUNIS, Nov 17 (Reuters) – Tunisian dairy farmer Maher Gizmir has sold nearly half his cows this year and reduced his daily output by 85%, adding to a shortage of milk around … Read more
Danone to transfer control of dairy business in Russia Russian dairy unit accounts for 90% of Russian operations Danone may keep stake in dairy business – source Many Western food cos continue to supply basic goods to Russia PARIS, Oct 14 (Reuters) – French food company Danone (DANO.PA) will shed control of its dairy food … Read more