WASHINGTON - U.S. Rep. Jim Greenwood, a Republican from Pennsylvania, retired from Congress Thursday to accept the position as president of the Biotechnology Industry Organization. (BioWorld Today)

WASHINGTON - U.S. Rep. Jim Greenwood, a Republican from Pennsylvania, retired from Congress Thursday to accept the position as president of the Biotechnology Industry Organization. (BioWorld Today)

ImClone Systems Inc.'s stock fell 18.9 percent Wednesday even though the firm turned a profit on Erbitux sales and said it intends to request FDA approval of the drug in head and neck cancer. (BioWorld Today)

ImClone Systems Inc.'s stock fell 18.9 percent Wednesday even though the firm turned a profit on Erbitux sales and said it intends to request FDA approval of the drug in head and neck cancer. (BioWorld Today)