PARIS (Reuters) – Sanofi-Aventis is to buy U.S. consumer healthcare group Chattem Inc for around $1.9 billion, in a deal which will give the French drugmaker over-the-counter presence in the huge United States market.
Deals
Sanofi said it would start a tender offer for all of Chattem’s shares at $93.50 per share, a premium of 34 percent [...]

The scientists made the breakthrough by creating a patch of human skin on a mouse's back using stem cells — cells which have the ability to develop into any human cell.
via French scientists create skin fast from stem cells | Reuters.

Algae-Based Fuel Endorsed with $100 Million in Federal Funds
SAN DIEGO, CA, December 4, 2009 – Sapphire Energy, the leader in algae-based fuel technology, today received another big boost for its groundbreaking energy work. Sapphire was awarded nearly $104.5 million as part of President Obama’s American Recovery and Investment Act and the Biorefinery Assistance Program, authorized [...]