Nobody likes getting a traffic ticket–they’re expensive, cause your auto insurance rate to increase and are a real pain in the you-know-what. Read full article…
Facebook Inc. took a momentous action last week. And I don’t mean its announced intention to sell shares for $28 to $35 in an initial public offering later this month.
Of more importance to at least one segment of the population was the company’s invitation to users to register to become organ donors. Forty-eight hours later, more than 100,000 people had indicated, on Facebook Timeline, their wish to be a donor when they die.
As a result, online state donor registries experienced a remarkable 23-fold surge, according to Donate Life America, a nonprofit alliance of national donor advocate organizations.
Better yet, a week later, the traffic was sustained. Typ
Friday’s WSJ features a brutally – I mean brutally — frank article about the dismal state of biotech financing. There are few revelations (certainly not for those readers of this column who I know follow the space closely), and unfortunately, few patches of sunlight. This clip from Play It Again, Sam pretty much captures the tone.
The crisis in financing is having a chilling effect on biomedical innovation. As discussed in my last column, the main problem in our industry is that the sheer cost of drug development has become almost prohibitively expensive, effectively pricing almost everyone but the largest companies out of the market.
While my Forbes colleague Matt Herper suggests this could represent a disruptive opportunity for ultra-lean start-ups, I don’t think this is true in practice. For a start-up or small company, figuring out how to run trials in an extremely capital-efficient way isn’t a competitive advantage, it’s table stakes – it’s what gives you a shot on goal, or maybe two. Given the intrinsically high likelihood of failure, long-term survival requires the ability to advance a portfolio of products through clinical development, something that typically only fairly large companies can afford to do.
The broader challenge is how can you achieve disruptive innovation in a highly-regulated industry?
One approach is to avoid regulation – this is one of the reasons so many digital health companies are pursuing consumer health – they hope to avoid the regulatory morass that has so dampened progress in the medical products industry. As I’ve noted before, it will be interesting to see how this works out – I’ve see a lot of cutsie apps out there, but not much that seems likely to deliver measurable improvements in patient health (i.e. improvements that would be meet t
In recognition of its 100 years of operation, clothing outfitter L.L. Bean will be conducting an across-the-country tour that promotes the Freeport, Maine-based company—and theyre doing it in a giant hikers boot on wheels.
As detailed by The New York Times*, L.L. Beans Bootmobile—which measures 20 feet long and 13 feet high—is scheduled to go on tour throughout the U.S, having already made a stop in some of the countrys most heavily trafficked locales like New Yorks Times Square.
What the Oscar Mayer Weinermobile is to its namesake, the Bootmobile is to L.L. Bean, which is why the company is going from state to state in the larger-than-life Bean Boot.
“We have it, so why not?” Carolyn Beem, L.L. Bean s
Owing a house does not mean that you simply have to pick up the rent and be certain that the house is in perfect condition. It is believed to be a proper business which needs to have a suitable insurance policy that would not only cover the damages but will protect the landlord also in case the tenant sues him for any dispute. Landlord insurance is among the most important payments that are made every year after property tax payment. However, it is different from property tax payment in the respect that you need to decide how much to pay.
For getting the perfect landlord insurance coverage you need to estimate the exact value of your entire property that has been given on rent. Read full article…
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