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Intrexon +8% as Florida Zika cases rise; FDA action seen near

Aug. 03, 2016 11:42 AM ETPrecigen, Inc. (PGEN) StockPGENBy: Carl Surran, SA News Editor7 Comments
  • Intrexon (XON +8.1%) pushes to session highs amid potential FDA approval for the use of genetically modified mosquitoes in the battle against the Zika virus in Florida.
  • Oxitec, a U.K. subsidiary of the U.S. synthetic biology company, says it has been invited by Florida officials to propose a pilot study in the Florida Keys to evaluate the GM mosquito strain's effectiveness in reducing populations of Aedes mosquitoes, which can spread diseases including Zika, dengue, yellow fever and chikungunya.
  • Oxitec says efficacy trials in Brazil, Panama, and the Cayman Islands showed that its GM mosquitoes can reduce localized Aedes aegypti populations by more than 90%.
  • Florida health officials so far have confirmed 15 non-travel related cases of Zika.

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