Reuters
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If You Want Your IPO To Be A Success, Hire Fewer Bankers
Chinese pork producer WH Group pulled a much-anticipated $1.9 billion IPO this week, citing “deteriorating market conditions.” What this really means is “we couldn’t raise the money we expected,” and now the recrimination and finger-pointing has started...
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The Future Of Open Access: Why Has Academia Not Embraced The Internet Revolution?
More than any other technology, the web has revolutionized access to the world’s information, putting everything from recipes to encyclopedias to books to news at the fingertips of anyone with an internet connection anywhere on the planet. The web’s role in democratizing access to global information has made it a poster child for the power of technology to advance society. Read More »
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Too little research backs high-risk medical devices
The U.S. Food and Drug Administration's Premarket Approval pathway allows high-risk medical devices on the market with only one study to prove their safety and effectiveness, and there are a limited number of studies done post-market, according to research published in Journal of the American Medical Association. Medical device regulation in the U.S. is more rigorous than in other parts of the world, but "the difference is, in many European countries they have much better capacity to follow devices once they are in practice," senior author Joseph S. Ross, M.D., of the Yale University School of Medicine, told Reuters.
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U.S. Conducts Nuclear Response Exercises
U.S. Strategic Command this week is conducting a massive nuclear arms drill designed to “deter and detect strategic attacks” on the United States and allies. A Sunday press release announcing the May 12-16 “Global Lightning” exercise explicitly noted that the event’s timing is “unrelated to real-world events.”
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