🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Intrexon down 2% on competition for Oxitec's mosquitoes

Published 07/14/2017, 01:14 PM
© Reuters.  Intrexon down 2% on competition for Oxitec's mosquitoes
PGEN
-
  • Intrexon (XON -1.7%) has been dropped from the market's in-the-green peloton. The culprit appears to be the first field study of sterile male Aedes aegypti mosquitoes in Fresno, CA by Verily Life Sciences. The initiative, called the Debug Project, will assess the disease control method over a 20-week period in two neighborhoods each ~300 acres in size.
  • Intrexon's Oxitec unit has the same aim with OX513A. Its largest project to date is in Brazil. Studies are also underway in the Cayman Islands, Florida's Key Haven and India.
  • Verily's method involves treating sterile male A. aegypti mosquitoes with a bacterium called Wolbachia which interferes with female mosquitoes' reproduction. No genetic engineering is required.
  • Oxitec's OX513A bugs are genetically engineered so that offspring inherit a gene that causes death before reaching reproductive age.
  • It's too early to tell which approach will be more effective, cost efficient and scalable.
  • Previously: Oxitec expands mosquito control program in Brazil (May 31, 2016)
  • Previously: Grand Cayman signs up to use Oxitec's OX513A to suppress disease-spreading mosquitoes (May 5, 2016)
  • Now read: MiMedx Group announces Q2 revenue results; shares ahead 7% premarket


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.