BRIEF-Tianjin Ringpu Bio-technology sees Q1 FY 2017 net profit to up 25 pct to 35 pct
Google bets on European biotech drugs, backs new fund
LONDON, June 15 Google is betting on the potential of European biotech companies to deliver life-changing drugs by investing alongside Swiss company Novartis in a new $300 million fund run by leading life sciences investment firm Medicxi.