Here's a new business model for biotechnology: Pet cloning. South Korea's RNL Bio says it has its first $50,000 order to clone a dog from the biologic material remaining from a California woman's pet bull terrier. If more orders arrive, RNL says that it will hike its price to a post-launch $150,000. The company expects most of its cloned animals will be used in biomedical work and security. The company says they'll need to first make sure that the biologic material they're working with is viable for cloning purposes. If it is, they'll get started in April.
- check out the article from The Wall Street Journal
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