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Watch an audio slideshow of how traditional Icelandic rhubarb stew is made. Rhubarb is one of the few vegetables that grows effortlessly in Iceland and for that reason it used to be a highly-valued addition to the traditional diet of fish and lamb.
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Icelandic genetic research company deCODE Genetics was sold to pharmaceutical manufacturing company Amgen today for ISK 52 billion (USD 415 million, EUR 317 million). The all-cash transaction was unanimously approved by the Amgen board of directors. The sale is expected to close before the end of the year.
CEO of Amgen Robert A. Bradway said in a press release that deCODE Genetics had built a world-class capability in the study of the genetics human disease. “This capability will enhance our efforts to identify and validate human disease targets,” he added.
Founder and CEO of deCODE Genetics Kári Stefánsson said the deal would enable the company’s research to translate into therapies for patients. “One of the ways to truly realize the full value of human genetics, is to make our research synergistic with drug development efforts where target discovery, validation and prioritization efforts can be accelerated,” said Kári.
“We believe Amgen’s focus and ability to incorporate our genetic research into their research and development efforts will translate our discoveries into meaningful therapies for patients,” he added.
DeCODE Genetics was founded in Reykjavík in 1996 and is considered a global leader in analyzing and understanding the link between the genome and disease susceptibility. The company has discovered genetic risk factors for various diseases including cardiovascular disease and cancer.
Amgen is headquartered in Thousand Oaks, California.
Click here to read more recent news from deCODE.
ZR
Click here to learn about our custom made photo book Iceland 2012 with the best pictures of the year.
The Identification Committee of the National Commissioner of the Icelandic Police is working on the identification of a body swept up on the beach at Kaldbaksvík in Strandir, the eastern West Fjords, on Saturday. The body was found by travelers in the area.
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Outgoing Prime Minister of Iceland Jóhanna Sigurðardóttir stated that The Simpsons episode which was dedicated to Iceland and premiered on Sunday had definitely served as good promotion for the country.
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The party council of the Independence Party and central committee of the Progressive Party have been called to separate meetings tonight to discuss the planned coalition of the two parties in Iceland’s next government.
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Trips to the top of Iceland’s highest peak, Hvannadalshnjúkur (aka Hvannadalshnúkur), have proven popular this year, according to Icelandic Mountain Guides. Hvannadalshnjúkur is a peak on Öræfajökull in South Iceland measuring 2,109 meters in height.
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The 2013 April-May issue of Iceland Review & Atlantica has been released. Packed with informative and entertaining stories, highlights include an interview with outgoing Prime Minister Jóhanna Sigurðardóttir and the people who know her best, a photo essay of ice caves in Europe’s largest glacier and a colorful feature on life in the West Fjords.
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REVIEWS
The 11th Reykjavík Shorts & Docs. Catch it while it lasts!
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Artist couple Nína Ivanova and Ómar Smári Kristinsson explain why they decided to settle in the West Fjords’ capital.
Reykjavík Queer Choir’s annual spring concert takes place on Friday, May 24.
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