Latest New product development News

COVID-19 vaccine contender CureVac links up with Bayer

Jan. 7, 2021 3:21 AM EST

BERLIN (AP) — A German company that is in the advanced stages of producing a vaccine against COVID-19 is linking up with pharmaceutical giant Bayer to help develop and distribute the product. CureVac, based in the German city of Tuebingen, said last month that it expects first results by the end of March...

Feds: Fraudster duped investors with false claims about NASA

Dec. 9, 2020 5:07 PM EST

NEW YORK (AP) — The founder of a nanotechnology company was arrested Wednesday on fraud charges after authorities said he accepted over $12 million from investors who were told NASA was helping him develop a breathalyzer to detect cancer and narcotics. James Jeremy Barbera, 64, former chief executive of...

FILE - This May 4, 2020, file photo provided by the University of Maryland School of Medicine, shows the first patient enrolled in Pfizer's COVID-19 coronavirus vaccine clinical trial at the University of Maryland School of Medicine in Baltimore. The German pharmaceutical company BioNTech and its U.S. partner Pfizer say they have submitted an application for conditional approval of their coronavirus vaccine with the European Medicines Agency. (Courtesy of University of Maryland School of Medicine via AP, File)

EU eyes Dec 29 approval for 1st virus vaccine, later than US

Dec. 1, 2020 1:47 PM EST

BERLIN (AP) — The European Union drug agency said Tuesday it may need four more weeks to approve its first coronavirus vaccine, even as authorities in the United States and Britain continue to aim for a green light before Christmas. The European Medicines Agency plans to convene a meeting by Dec. 29 to...

FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa.  On Thursday, Nov. 19, 2020, General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those powered by gasoline within five years.  (AP Photo/Matt Rourke, File)

GM: New batteries cut electric car costs, increase range

Nov. 19, 2020 5:03 PM EST

DETROIT (AP) — General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those powered by gasoline within five years. The technology also will increase the range per charge to as much as 450 miles. The company’s product development...