Article: PPL, Bayer Halt AAT Program; PPL Considering Cutting Staff.

BioWorld International Correspondent

LONDON - The prospect of a commercial return from the technology that produced Dolly the cloned sheep was put on hold Wednesday when Bayer Healthcare announced it was temporarily pulling the plug on the development of alpha-1-antitripsin, being developed in a $40 million collaboration with PPL Therapeutics plc.

That follows the announcement by PPL in April that it was abandoning plans to spend [pounds sterling]42 million (US$67 million) on a manufacturing plant for alpha-1-antitripsin (AAT), resulting in the write-off of [pounds sterling]7.5 million it had already invested in the project.

Terms of the August ...

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