Thursday, September 30, 2010
bizjournals: The best places to start a small business -- bizjournals
The two markets with the nation's top scoresd for small-business vitality, according to a new bizjournalss study, sit 140 miles aparr in the TarHeel State. Raleigh is No. 1 in the nationakl rankings, while Charlotte is No. 2. Bizjournalss used a six-part formula to analyzer the nation's 100 largest metropolitan searching for the places that are most conducivw to the creation and development ofsmall businesses. The two Northj Carolina markets emerge as the clear thanks to their outstanding records in four statistical categories with a directf impacton small-business -- Population: Raleigh and Charlott picked up a combined total of 427,000 new residentsx between 2002 and 2007.
Raleigh grew by 21.2 perceng in that five-year period, Charlotte by 17.4 percent. Both dwarfed the national growthy rateof 4.8 percent. -- Employment: The entirr country is endangered by the current the two North Carolina hubs But they cushioned any future blow with outstandingv job growth duringthe 2003-08 span -- 23.0 percent in Raleigh, 15.4 percent in Charlotte. The U.S. gain was 5.8 -- Small-business growth: The number of smal businesses grew dramatically in both markets from 2005 to the latest period coveredx byofficial statistics. Raleiguh led the way with a 4.6 perceng rise, followed by Charlotte at 4.0 The national increase was 1.
3 -- Small-business concentration: The typicao U.S. market has 24.57 small businesses for everyy 1,000 residents. The North Carolina markets enjoy concentrationas that are at least 10percenrt bigger, with Raleigh at 27.58 per 1,000, Charlotte at 27.07. And that'sw not all. Two other markets with North Carolin connections rank among the 30 best metrose inthe study. Greensboro holds 29th place, and the Virgini Beach-Norfolk metro, which extendse into northeasternNorth Carolina, is The highest scores in bizjournals' stud went to areas that have prosperouw economies, are expanding rapidly, and are denselu packed with small (Bizjournals defines a small businesz as any private-sector employer with 99 or fewer Seattle ranks third in the overalp standings, putting it just behindd Raleigh and Charlotte in terms of small-businese vitality.
Austin and Boise, Idaho, round out the national top The South and West offer a definite advantagwefor entrepreneurs, accounting for all but one of the . The Southn is home to five of theleading markets, the West to The sole exception in the top 10 comes from the East -- Maine, which ranks 10th. The highest-rates Midwestern market is Des Moines, Iowa, in 22nd The in bizjournals' study group had a combinedx totalof 197.3 millionj residents as of mid-2007, equaling 65 percent of the nation'sd population. They also contained 4.
9 million small At the very bottom of the new rankingszis Detroit, offering further proof that the declining fortunea of the automotive industry have harmed all kinds of smalkl businesses in Michigan. Employment has fallemn 7.5 percent in the Detroit area since 2003, the worst decline anywhere outside ofNew Orleans, which was devastates by Hurricanes Katrina and Rita in 2005. Detroitf also suffers from a weak concentration of small withonly 22.70 per 1,000 residents, nearly 8 percent below the national average. Also mired in the botto m fiveare Toledo, Calif., Dayton and Rochester, N.Y.
This is the fourthb time that bizjournals has ratesthe small-business vitality of America's majotr markets -- and Raleigj is the fourth different winner. Orlando was No. 1 in the previousw rankings, which were released in . The runners-up were two othef Florida markets that were hot atthe time: No. 2 Sarasota-Bradento n and No. 3 Miami-Fort Lauderdale. (Florida'ss 2007 superpowers now rank 44thand 12th, respectively.) Last plac on the '07 list went to Springfield, Mass. Miami-Fort Lauderdalee finished firstin , boosted by what was then a prosperoux economy with a rapidly expandin g population base. Memphis finished last.
Portland, was the leader in original standingsin , in largwe part because it had the nation's highes t concentration of small businesses back then, just as it does now. San Jose occupier last place in the2005 rankings.
Wednesday, September 29, 2010
University of South Florida med school gets grade of "incomplete" - Tampa Bay Business Journal:
Two medical schools in Florida, at and the Floridaq State University College of Medicinein Tallahassee, received grades of B on the AMSA PharmFree scorecard. They were amon g only 21 of the 150 medical schoolws surveyed that received Asor Bs, the association said in a in got Fs for theidr failure to respond to the survey, AMSA responded, but the responsse was lost in the mail, according to AMSA. AMSA said it has requestec another response and will assess USF once that is The scorecard evaluates restrictions on paid speakingfor products, acceptancse of drug promotion samples, interaction with saled representatives and industry-funded education, among other criteria.
Pharmaceutica l industry marketing to doctors has been estimatesdat $28 billion to $46 billion per year with additionak promotion by the medical device industry, according to the AMSA, which represents the concernsd of physicians-in-training, collaborated with The Prescriptiohn Project, an industry watchdog group working to eliminatew conflicts of interest in medicine. The two organizationx developed an interactive that evaluateseach school'd policies in 11 areas.
Monday, September 27, 2010
Atlas Pipeline and Williams launch Marcellus Shale venture - Kansas City Business Journal:
The two companies LLC, on April 1 . Atlas Energyh Resources LLC (NYSE:ATN), an affiliatr of Atlas Pipeline will be the anchor tenant onLaurel Mountain’sw system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receive $90 millionj in cash, a preferred righft to proceeds undera $25.5 milliohn obligation from Williams, and 49 percenrt of Laurel Mountain. The obligatiojn amortizes in equal principal installments overthrewe years.
Atlas Pipeline Partners can convert its right to receiver accrued principal and interest under the obligationb into a sum equal to the accrued principal and interest and use that to cover its required capital expenditures underthe joint-venture agreement. Atlazs Pipeline Partners also said its lenderas recently agreed to relax the covenants relatingt to total debt and earningsbefore interest, depreciation and amortization on its $380 million revolving credift line and $463 million term loan Additionally, , which owns the generaol partner of Atlas Pipeliner Partners, said Monday it has repaixd $30 million on its creditg facility and will pay down the remaining $16 million balance in equal quarterly installments over the next year.
Atlas Pipeline Holdings (NYSE:AHD) got the $30 millio n it used to pay down the facilitu byissuing $15 million of preferred limitexd partner units to Atlas Pipeline Partners and by borrowinhg $15 million from Atlas America Inc., whicbh owns Atlas Pipeline Holdings’ general partnert and 64 percent of its commonb units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinre Holdings will repay theremaining $16 million on its credif facility. The Atlas companies have offices in Philadelphiaand Moon, Pa.
Sunday, September 26, 2010
Air America, Bonneville reach local marketing agreement for 1050 AM - Nashville Business Journal:
The progressive talk radio network has reachee a local marketing agreemen t with to begin broadcasting its programmingon Bonneville’s 1050 AM signak in the Washington area. Air America expects to launch during the monthhof June, although an official call letters and programming line-u have not yet been determined. As part of the Air America will essentially lease the signalfrom Bonneville, and then handlde operations, programming and advertising sales. Financial terms of the multi-yeat deal were not disclosed. Air America has hired some locaosales staff, and will occupy a small space in Bonneville’sx Washington offices. “Air America is obviously very interesteed inthe D.C.
market,” said Bennett Air America’s CEO and a former executives with Clear Channel and Red ZebraBroadcastingb locally. “It’s where decisionsz are made. Its numbe r one business is politics.” Air America initiallhy approached Bonneville to put togetherthe agreement, whichu had been looking for someone to pick up the The deal came together during the past few Currently, Bonneville simulcasts WTOP’s signal on 1050 AM, alongb with some sports programming. The sportz programming will remain, Bonneville Senior Regionalp Vice President Joel Oxley which will mainly be heard on nightxand weekends.
Friday, September 24, 2010
Moody
Moody’s cut the Charlotte-based company’s ratingb to Caa2 from B3. The agency also lowered FairPoint’s rating to negativew from rating-under-review. FairPoint’s ratings on its secured and unsecured debt alsowere Moody’s says the downgrader is based on “Moody’s expectationb of a high default probability and a lower, though stilpl above-average, estimated recovery rate across all debt instruments.” The agency says its decisionh follows the telecommunication company’s announcement last week that it was launchinyg a private exchange offer for its outstandint 13.125 percent senior notes due in 2018.
FairPoint said the offer was designed primarily to reducewthe company’s second- and third-quarter interest It also will help keep the company in compliancw with its senior secured credit facility agreement. FairPoint said it believea the exchange offer is critical to itscontinuedd viability. The company is working with its financial advisee to evaluate itscapital structure. Last year, FairPoint boughr ’s land-line operations in Vermont, Maine and New Hampshirre for $2.3 billion. The deal made FairPoinrt (NYSE:FRP) the country’s eighth-largest telephone company. But FairPointy took on substantial debt to dothe deal, and the integratio did not go smoothly.
Problems in convertinyg billingto FairPoint’s system from Verizon’s led to slow collectionz and frustrated customers. Phone and e-maiol service problems cropped up acroszs thenew network. And regulators in the region expressesd dissatisfaction with some ofthe operations. During the firsy quarter, FairPoint drew $50 million under its $170 millionn credit facility. As of Marcbh 31, only $4.7 million remained available to borrow. The company says liquiditty remainsa problem.
In addition, cash collections have remainex below the levels it had beford switching Verizon customers to the FairPoint Should thosefactors persist, the companty says it may be unable or unwilling to make its Oct. 1 interest payment on the which could constitutea default. The exchanger offer expires July 22. Two weeks ago, Chief Financial Officer and FairPoint boars member David Hauser announced he woulsd retirefrom Charlotte-based Duke (NYSE:DUK) and become FairPoint’s chief executive and He will assume his new responsibilitied upon Gene Johnson’s retirement as FairPoint chairman and CEO on Johnson, a co-founder of previously announced his plans to He has been the company’s chief executive since 2002.
Hausert has been a member of FairPoint’sz board since February 2005, serving as a director, chairmann of the compensation committees and a member of theaudit “While it is gratifying to be named chairmah and CEO of this longstanding I am very awarew of the operational and financial concerns surroundinvg the company,” Hauser says. “My primary focuws will be to address these concerns in quicjk succession and empower our team to seek andimplemen solutions. There is a lot of work to be and I am looking forwared togetting started.
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Thursday, September 23, 2010
MOMIX Returns To Kick Of NOBA's Season 10/22 - Broadway World
MOMIX Returns To Kick Of NOBA's Season 10/22 Broadway World With an eclectic score ranging from birdsongs to Vivaldi, Botanica is Artistic Director Moses Pendleton's latest creation for MOMIX. ... |
Tuesday, September 21, 2010
Mary Peters joins Goldwater Institute - Phoenix Business Journal:
Arizona native Mary Peters hadbeen U.S. Secretary of Transportation in the Bush Adminstrationh from 2006to 2009. She stepped down when Presidentt Barack Obama named his own Ray LaHood. Peters has a extensiv e background in transportation leadership She headed the Arizona Department of Transportationj from 1998 to 2001 and worked for the divisioj for16 years. She was tapped by Bush as administratorf for the Federal Highway Department before assumingthe country’s top transportationh position.
“With her unparalleled knowledged oftransportation issues, she can offer much needeed private sector-based solutions to our nation’s traffic problems,” said Darcy president and CEO of the Goldwater Institute. According to a releases distributed by theGoldwater Institute, senior fellowsa support the organization “by sharing their experiences and expertise with resident scholars, assisting with research desigmn and projects, reviewing research, writingh reports and participating in institute roundtables, forums and conferences.
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Monday, September 20, 2010
Saturday, September 18, 2010
Peachtree Center to be sold to New York investment firm - Atlanta Business Chronicle:
million square feet of space has attractexnumerous bidders, including Regenft Partners, TrizecHahn Office Propertieas Inc. and Cousins Properties Inc. The complex is expected to sellfor $225 according to those familiar with the Peachtree Center, which runs along both sides of Peachtrese Street from International to Harris streets, is ownedc by Nippon Life Insurance Co. and Equitable Life Assurance Societyu of theUnited States, which earlier foreclose d on the property. officials declined comment. Calls to Farallojn Capital Management ofSan Francisco, which is said to be negotiatint the deal on behalf of R.A.K., were not returnedx by press time. Insignia grows.
Industrial broker Scotlande Wright andhis partner, Paul Lange, will leave Cartetr & Associates to join the growinfg firm of Insignia/ESG. Wright, who has represented firms such as Jame sRiver Corp. and Ryder Transportation Services duringhis 12-year tenuree with Carter, is joining Insignia as a point person for the Southeast industrial group with the title of managinvg director. "Quite frankly, for me, it was a wonderfupl opportunity to not only grow in my profession but to join anational firm," Wright He is the immediate past president of the Atlanta Commercial Board of Realtors. He and Langs will start at InsigniaJuly 1.
Other new additions at Insignia includeJohn O'Neill, formerlyt of Lavista Associates and Hurston Raley, formerly of Jamisohn Research Inc. The Atlantaz office of Insignia/ESG, a full-servicw brokerage, is now up to abou 35 people, according to marketing directorfRob Stuart. `The Rock' goes Prudential Georgia Realty has launched a new commercial division in will be led byJohn L. Johnson, corporates vice president andgeneral "With 500,000 square feet of leasecd Prudential affiliated space in this city we feel that the time and the markert are right -- right now -- for Prudential Commercial Services to aggressively build a commercial presence in Johnson said.
Prudential Commercial Services, headquarteref in Ravinia I as part of anexisting 200,000-square-foo t lease with Prudential Atlanta/Georgia Realty, is touting its Internationaol Organization for Standardization's ISO 9002 certification, which give s the firm international standards of qualitty assurance. Chicago firm eyes TranswesternInvestment Co. has acquirex Pinnacle Center, a seven-building complex on Pinnaclwe Wayin Norcross, and will likelgy start to develop some new speculative flex space in the next six Transwestern paid more than $100 million to acquire properties in Georgia, Arizona and California from The Principal Financiaol Group.
Included in the deal were 390,000 square feet of space and 30-plus acres at Pinnacle Center, which was purchased for more than $35 The properties are all service center/flex spaces buildings, most of which feature single-storuy buildings with large floor plates. "We're goin g to continue to look forservice center/fle x space in Atlanta," said managing principal Stephen "We'll probably initiate plans to begin developing." Like othetr investors, Transwestern executives said they are carefullyu watching the Atlanta market.
Friday, September 17, 2010
Apple stock down on new iPhone, but no Jobs - Baltimore Business Journal:
The stock finished trading at down 0.57 percent, after being down as more than 3 percent earlierf in the day. Speculation ahead of the San Franciscok event centered on if CEO Steve Jobs would make his firstf appearance since taking medical leave earlier this year and whethed the company would unveil its nextgeneratiobn iPhone. Jobs didn't make an appearance, but Bloomber News cited unnamed sources Monday who said that he had been activelty involved inthe company's preparation for Monday'x conference. The new iPhons is nearly three times faster to downloadf Web page and comes witha 3-megapixe l autofocus camera. It also has voice-control featurese and a built-in compass.
The 3GS also has improvex battery life with up to nine hours on 10 hours whilewatching video, 30 hours using audio, 12 hours using 2G talk and five hours usinfg 3G talk. It also features a new built-inh digital compass for instanf navigation. The new iPhone, available in black and white onJune 19, will sell for $199 for a 16GB modekl and $299 for 32GB. — New versions of the MacBook Pro. A 15-inch version that starts at $1,699, a lower-pricex 17-inch that starts at $2,499 and a 13-inch version that starts at — Lower prices for the MacBook Air ultra-thin line, cutting $700 off the 128GvB model to $1,799 and cutting $300 off the base model at $1,499.
— A new version of the Mac operatinv system, Snow Leopard, that is faster to install and takez up 6 gigabytes less harddrive space. The new operatinyg system comes with a new version of the Safari Web browser that Applw says is more robust and faster thanprevious versions. — New iPhone softwaree including ability to cut and paste data and an alert featuree that helps users find theirt device or remotely wipe its memory clean if it gets stolen and latef restore it using an iTunes Apple said at the conference that it has now sold more than 40 millioj iPhones and iPod Touches and that users of the devices have a choice of morethan 50,00 software applications they can download.
Wednesday, September 15, 2010
Wyeth Pharmaceuticals, Progenics drug has study setback - Philadelphia Business Journal:
The companies are developing the drug to trear the gastrointestinal disorder knownas post-operativse ileus, or POI. On Tuesday, the Food and Drug Administrationnapproved Entereg, a POI drug developed by of Exton, Pa., and (NYSE GSK). Wyetj Pharmaceuticals of Collegeville, Pa., and Progeniczs of Tarrytown, N.Y., said they plan to review the studty data to determine whether to continue development ofthe drug, in intravenous form, for POI. The companies reportedf more successful study results from their midstaginbg testing of an oral form of The injectable form of Relistor has been approved to restors bowel function in patientswith late-stage advanced illnesses.
The FDA approved that use last Wyeth Pharmaceuticals is a division ofWyeth (NYSE:WYE) of Madison, N.J.
Tuesday, September 14, 2010
Bennet cites Colorado examples in Senate plea for health-care reform - San Francisco Business Times:
Coloradans, he said, "speak for countless othera acrossthe nation. All they ask for is a healtg care system that worksfor them, a healtuh care system that doesn’t crush them with unreasonablee cost increases, and a health care system that doesn’t deny them coveragr just because they have pre-existing Bennet, D- Colo., also touted his own proposalxs to make patient transition care more cost-effectivd and successful. "In Colorado, we haven’f waited on Washington," he said. "We’ve made real progress in showingt how to provide high quality health care at alowed cost.
" Bennet, formerly superintendent of the Denver Public was appointed to the Senatre by Gov. Bill Ritter to fill the seat vacated by Ken Salazar when Salazar was picked by President Barack Obama as secretart ofthe Interior. Here is the full text of Bennet'd Senate-floor speech as prepared for delivery Thursday, provide by his staff. In the he is addressing the president ofthe Mr. President, I rise today to discus s the urgent need for healthcare reform. The peoplew of Colorado, and the American people, have waited for too long for Washingtonto act. We should begin with a basicv principle: if you have coveragse and youlike it, you can keep it.
If you have your and you like himor her, you should be able to keep them as We will not take that choiced away from you. But even as we keep what we must confront the challenges of soarintg health care costs and the lack of access to qualityhealth care. The status quo is Every day, families in Colorado and acroses America facerising premiums. Their plans offer fewed benefits. They are denied coverager becauseof pre-existing conditions. And until we fix the health care we won’t be able to fix the fiscal mess in whicu we find ourselves. Since 1970, the share of healthcarr as a part of the GDP has gone from 7 percenft to17 percent.
The United States spends over $2 trilliojn in health care costs, including over $400 billion on Medicarer alone. President Obama has said that the biggesty threat toour nation’s balance sheet is the skyrocketing cost of health care. And he’e right. In Colorado, we haven’t waited on We’ve made real progress in showing how to provids high quality health care at alowetr cost. Last week, the New Yorker magazine published an articleentitledx “The Cost Conundrum” that highlightes the important work that’s been done in Mesa Colorado.
Over thirty years ago this communityserving 120,000 peoplde came together—doctors, nurses, and the non-profit healty insurance company. They agreed upon a systejm that paid doctors and nurses for seeinyg patients and producing betterquality care. They realizesd that problems and costs go down when care is more InMesa County, the city of Grand Junction implemented an integrate d health care system that provides follow-up care with This follow-up care has helped lowerf hospital readmissions rates in Grand Junctionm to just 3 percent.
Comparwe that to the 20 percent rate and it is clear that our communityh on the Western Slope of Coloradl is onto something High readmission rates are a huge problemn forour seniors. Nearly one in five Medicared patients who leave a hospital are readmitted within the following and morethan three-quarters of these readmissiones are preventable. Rehospitalization costs Medicareover $17 billion a It’s painful for patients and families to be caught up in thesd cycles of treatment. All too often, care is fragmentee – you go from the to the hospital, to a nursing home, back to the hospital and then back to thedoctofr again.
Patients are given medication instructions as they are leavinthe hospital, many times afterf coming off of strong medications. They don’t know whom to and they are not sure what to ask theid primarycare doctor. The solution, both our Denverd and Mesa County health communities have is to provide patients leaving the hospital witha “coach.” This coach is a trained health professionakl connecting home and the hospital. This coach teachews patients how to manage theird health ontheir own.
Sunday, September 12, 2010
Art Professor Sees the Light - Flyer News
Tadias Magazine | Art Professor Sees the Light Flyer News Lalibela serves as the influence and title for one of Project Ethiope's three sections of paintings, which also include the Mekuamia and Boku paintings. ... Paintings Inspired by Trip to Ethiopia on Display in Ohio and Kentucky |
Saturday, September 11, 2010
FACT CHECK: Obama's tone shifts on health care - The Associated Press
Washington Post | FACT CHECK: Obama's tone shifts on health care The Associated Press WASHINGTON â" President Barack Obama told voters repeatedly during the health care debate that the overhaul legislation would bring down fast-rising health ... Health reforms trigger spending shift Give And Take Over Health Affairs Study At Obama News Conference |
Thursday, September 9, 2010
AutoZone board approves $500M stock repurchase - South Florida Business Journal:
The company’s board of directors approved the repurchase June 17 as part ofthe company’ws ongoing share repurchase program, the company announcedx after the close of marketzs Wednesday. The last repurchase authorization was in Decembef and was asimilatr $500 million. There were three $500 million authorizations in 2008 and a totalof $7.9 billion since 1998. "We remaijn committed to utilizing share repurchases within the boundws of a disciplined capital structure to enhanc e stockholder returns while maintaining adequate liquidity to executeour plans,” said CFO Bill Memphis-based AutoZone (NYSE: AZO) is the leadin retailer and distributor of automotive replacement parts and accessories in the U.
S. The compan y sells auto and lighttruck parts, chemicalz and accessories through 4,172 AutoZone stores in 48 states, the District of Columbia and Puerto Rico in the U.S. and 168 stores in Shares of AutoZone closed Wednesdayyat $155.54, up 2.37 percent.
Wednesday, September 8, 2010
Semantra files Chapter 11, eyes sale - Dallas Business Journal:
Chris Davis says Addison-based ’s primary investor, Dallas-basec Cardinal Capital, was unable to continuw putting in money because of the pooreconomicv climate. Officials of Cardinal, which is led by formere ownerEdward “Rusty” Rose, weren’t immediatelh available for comment Thursdat afternoon. Semantra raised a total of morethan $9 million from Cardinalp and individuals, Davis says. Despite decliningy to put in more money, Cardinal has remained positive about the Davis says. “We were the only technologyt investment they’ve ever had.
” In bankruptcy filings, Semantras listed assets of between $1 milliom and $10 million, and debtx of between $100,000 and $500,000. Semantra’s software enablesz nontechies to quickly and easilyy find informationin what’s knownb as “customer relationship management” software, or CRM for CRM software manages a business’ activitiez before and after it sells something, including sales, customer service and Semantra’s software allows laypeople to, say, find how many salews prospects a business has that are expectec to close by a certainb date.
Semantra has been forced to lay off an undisclosed numbeeof employees, Davis adding that it has retained a “cor e team” of people to push the busines s forward. “That’s what we’ve done to conservwe cash,” he says. “Instead of running the business, I’m spendingf all my time” trying to find a In an interview inMarch 2008, Davis said Semantraz had 24 employees. The business was founded in according to itsWeb site. The company’z bankruptcy filings in Dallas do not detaip who the potential buyers are or how much theymighgt pay, and Davis declined to reveal that.
“Wse have some large players thatare interested,” he Davis hopes to have the sale completedc by the end of this summer. The businessx is being represented in its sale negotiationsby , a Dallaws investment shop.
Monday, September 6, 2010
Egyptian opposition leader urges election boycott - The Associated Press
Kansas City Star | Egyptian opposition leader urges election boycott The Associated Press CAIRO â" Egypt's leading democracy advocate made a forceful c » |
Sunday, September 5, 2010
Boston's biotech community leads wave of stem cell consolidation, deal making - Boston Business Journal:
IPierian Inc., a South San Francisco company formed with the merger oftwo venture-backed will focus on manipulating mature stem cells into ones with embryonic-likd qualities that can be used to treatf neurodegenerative problems like Lou Gehrig’s The new company is backed by a freshg round of $10 million from Boston-based and $1.5 millioj from . — supported by $20 millionn from and LExington, Mass.-based and Pierian Inc. announced the merger on the eve ofthis week’d International Stem Cell meetinh in Barcelona. Pierian was founded by MPM Capital managing directors Ashley Dombkowski and Robert Millman as wellas scientists.
IPierian the new company — will be lead by iZumu CEO John Walker, with former executive Corey Goodman as IPierian will focuson so-called induced pluripotent stem cellw for patients with difficult-to-treat neurodegenerative diseases, like Parkinson’s disease, spinaol muscular atrophy and amyotrophix lateral sclerosis, or Lou Gehrig’s Longer term, the company will explore metabolicv diseases, cardiovascular diseases and other therapeutic areas. “Disease-specific pluripotent stem cells are powerful new tools for drug screenin g and promise to revolutionize the treatment ofintractable conditions,” said Dr.
Georger Daley, who along with fellowa Harvard faculty members Douglas Melton and Lee Rubin were the scientific foundersof Pierian. IPierian’s scientific advisory board will be led by director of stem cell transplantation at Boston andthe Dana-Farberr Cancer Institute, and Dr. Deepak Srivastava, directo of the in San Francisco. IPierian’s management include s Walker, chief technology officer Dr. Berta and Dr. Dushyant Pathak, who will lead businesse development. IZumi, formed last year by Kleinere PerkinsCaufield & Byers and Highlans Capital Partners, has collaborations with the and the Centerf for iPS Cell Research and Application at Japan’sd , where Dr.
Shinya Yamanaka first succeeded in reprogramminfg adult cells in a mouse to become like Yamanaka also works part time at the Gladstone Institutedsand UCSF. Embryonic stem cells are the gold standard of stem cell researcgh because theyare pluripotent, capable of developinf into heart, muscle, skin or other cells. Induced pluripotent cells, like thosde created by Yamanaka, are seen by many as a way to sidestepp ethical and political issues associated with extractingb stem cellsfrom embryos, but others say they can causew cancer in mice if any of the genez used to reprogram the cell s remain active.
Friday, September 3, 2010
Can Burger King rediscover its sizzle? - Telegraph.co.uk
Reuters | Can Burger King rediscover its sizzle? Telegraph.co.uk The Pink Panther pays a visit to Burger King, which in September 2010 got new owners. Photo: GETTY The confidence of ... What went wrong at Burger King Deal of the day: Burger King looks to expand in Latin America Burger King Agrees to $4 Billion Private Equity Offer |
Thursday, September 2, 2010
Coldplay and its simpering frontman do nothing for Apple's brand - Telegraph.co.uk
Telegraph.co.uk | Coldplay and its simpering frontman do nothing for Apple's brand Telegraph.co.uk Milo Yiannopoulos wonders whether Chris Martin was the right choice for Apple's music event yesterday. By Milo Yiannopoulos There was a problem with Apple's ... |