Bailout for British biotech?

Twenty-two leaders from the British biotech sector pleaded for a government bailout yesterday (Dec. 4) to save the industry's "survival and future viability" in the face of the global financial crisis. The dossier sent to the UK government called for two funds, each worth over £500 ($730) million. One would help smaller companies consolidate, with grants between £10 ($14.6) to £40 ($58) million; the other would give biotechs up to £100 ($146) million to fund acquisitions an