Millargate moves to Parliament

OXFORD - It looks like there is not going to be any letup on the goings on at British Biotech plc (LSE:BBG, BBIOY). British politicians, concerned about how Millargate may have damaged the reputation of Britain's fledgling biotech sector, have decided to get all the players to account for themselves before the Parliament's science and technology select committee.

The first hearing is scheduled for July 1, with another hearing likely within the following two weeks. "We hope to hear the evidence and produce a report by the end of July," committee member Ian Gibson told BioCentury...