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Consumer products giant Procter and Gamble is applying its knowledge of consumers to the development of new medicines – and wants to share its insights with biotech companies.

Imperial Innovations Group is stepping up the pace of its technology commercialisation drive with a £30 million placing with existing investors.

Biotech crops may finally be breaking through to the commercial mainstream in Europe, with a 77 perc ent increase in planting between 2006 and 2007, according to data released this week.

Researchers using the European Synchrotron Radiation Facility, and working with scientists, have become the first to elucidate the structure of a membrane protein, an important advance for drug discovery.

The European Consortium of Innovative Universities this week celebrates its tenth birthday with a conference at the University of Twente.