RealNews

Net threat to biotech firms

Investors in the biotech industry ought to be given better protection from animal rights activists including having their private addresses kept confidential, backbench MPs suggested yesterday. The Commons select committee on trade and industry called for a review of company law to see whether legislation passed to keep biotech directors’ homes secret, passed after the Huntingdon Life Sciences controversy a few years ago, should be extended to shareholders. The recommendation follows the bioindustry’s anxieties that the internet is revealing investors’ names and addresses through the electoral roll published online, deterring investment in the £2.9bn-a-year industry. But activists are sceptical whether the proposed protection would work. Full Story

OODA Analyst

OODA Analyst

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