Snake Farm Feels Bite as Drugmakers Cut Orders

Oct. 31 (Bloomberg) -- Venomous snakes in the French town of Valence are feeling the bite of Europe's economic crisis. Latoxan, a company that farms snakes and scorpions to sell their venom to drugmakers such as Johnson & Johnson and Sanofi, expects sales to drop 30 percent this year as clients cut back on orders. Bloomberg Television's Tom Gibson reports.(Source: Bloomberg)
Is Virtual Reality the Next Mega-Trend in Tech?
09:24 - Piper Jaffray's Gene Munster and Canaan Partners' Maha Ibrahim discuss the future of virtual reality with Bloomberg Businessweek's Brad Stone on "Bloomberg West." (Source: Bloomberg)
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