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7 mentions found


☆ Martin Shkreli: I'm not in contempt over drug industry ban
  + stars: | 2023-02-10 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +2 min
The ban also included a $64.6 million civil fine, which Shkreli said he is "so far unable" to pay. He said he intended to comply fully with the ban and provide requested information. The FTC had accused Shkreli last month of failing to provide information about Druglike Inc, a company it said he formed last July. He also said Druglike and DL Software were "software companies creating professional software for chemists and physicists," and thus outside his pharmaceutical industry ban. U.S. District Judge Denise Cote, who imposed the ban and $64.6 million penalty, will decide the FTC contempt motion.
☆ This scientist was irked by the phrase 'hella' big — so he created 2 new units of measurement
  + stars: | 2023-01-10 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +13 min
Metric measurements — also known as the International System of Units, or SI — are managed by a formal international organization. The prefixes Brown came up with are ronna and ronto for 1027 and 10-27 and quetta and quecto for 1030 and 10-30. In fact, SI units used to be based on actual, real-life physical artifacts. "If everyone sticks to SI prefixes," Brown says, "you don't have to go on Wikipedia to find out how long a light-year is or the power in 1 jansky." Pražák proposed sticking to Greek words and letters.
☆ Check out the pitch deck that the beauty and skincare brand InnBeauty Project used to raise $12 million in new funding
  + stars: | 2022-12-27 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +3 min
InnBeauty Project is a startup that seeks to make affordable, sustainable skin and beauty products. InnBeauty Project's founders, Alisa Metzger and Jen Shane, first met working together at the skincare brand Tula in 2017. "Beauty and skincare were talking about what they weren't including in their formulas, and how clean they were," Metzger said. So, Metzger and Shane set out to find a way to make skincare products at a more affordable price point. Check out the 14-slide pitch deck that InnBeauty Project used to raise $12 million in Series A funding:
☆ Automakers desperately need new workers — with new skills — to build electric cars
  + stars: | 2022-12-16 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +5 min
They're looking for lots of workers — and the current automotive workforce can leverage its skills. There are a variety of new opportunities available, industry experts say. That means workers with skills in construction, manufacturing, and engineering, especially those willing to be flexible, could see plenty of opportunities, experts say. But first, the industry needs factories to build those batteries — and workers to construct them. You're not going to necessarily take somebody that's working on an assembly line and now you need software production experts," McCarthy said.
☆ Indonesia says 74 children have died from acute kidney injury this year
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
JAKARTA, Oct 19 (Reuters) - More than 70 children in Indonesia have died from acute kidney injury (AKI) since January this year, a health ministry official said on Wednesday, as a team of experts investigates the spike in cases. The development comes as health officials in Gambia said nearly 70 children had died from AKI after taking a locally sold paracetamol syrup used to treat fever. Health ministry official Siti Nadia Tarmizi said the ministry had identified 189 cases of AKI among Indonesian children, most aged under five years old, with 74 fatalities recorded since January. The health ministry has said it is talking to experts from the WHO that are investigating the cases in Gambia. The health ministry is expected to provide further details later on Wednesday.
☆ Epic Massachusetts crime lab scandal may involve even broader wrongdoing, judge says
  + stars: | 2022-09-23 | by ( Maggie Mulvihill | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com   time to read: +6 min
A decade-old scandal at a Massachusetts crime lab — which led authorities to dismiss tens of thousands of drug convictions — may involve wrongdoing by more people than was previously known, according to a recent court order. At least one person was referred to the state attorney general’s office in 2015 for potential prosecution, Judge John T. Lu wrote last week. The ruling stokes lingering doubts about statements by the state inspector general’s office over the past eight years that Dookhan was the “sole bad actor” at the Hinton lab. Bizuayehu Tesfaye / APDookhan’s misconduct at the Hinton lab was exposed in 2012, after she had worked there for nearly a decade. A spokesman for the inspector general’s office declined to comment, citing ongoing litigation.
☆ Why a top Roche scientist is leaving after 25 years to join a rising biotech startup using fungi to make new drugs
  + stars: | 2022-09-16 | by ( Andrew Dunn | ) www.businessinsider.com   time to read: +5 min
After 25 years at the pharma giant Roche, the drug hunter Martin Stahl is leaving to join a biotech. CAMBRIDGE, Massachusetts — A longtime drug-hunting veteran is leaving one of the largest drugmakers to lead the science division at the biotech startup LifeMine Therapeutics, Insider has learned. FogPharmaThe big draw for Stahl was LifeMine's approach to discovering drugs. With its genetic-database approach, LifeMine hopes to greatly speed up how long it takes to develop fungi-derived drugs. Stahl said LifeMine's approach leaned on nature, rather than medicinal chemists, to design the drugs.
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