Tuesday, March 13, 2012
ViraCor, IBT Laboratories merge - Atlanta Business Chronicle:
of Lee’s Summit and of Lenexa officially merged Tuesdaty and have a combinede work force of more than200 employees. The new compan y will continue to operate from the existinv locations of ViraCor and IBT for thetime being, the companiess said in a release. A new name for the companhy was not given in the ViraCor President John Martin will serve as president of thecombined company, and IBT Presidentr Maureen Loftus will serve as chief businese officer. ViraCor founder and CEO Phillipp “Flip” Short will step down from his role as CEO and servee on thenew company’s board. IBT founder Dr. John Halseh will continue to work with the new compangy asa consultant.
Establishede in 2000, ViraCor specializes in infectious diseased testing and working with patients who have compromised immune IBT was established in 1983 and has developefd tests for allergies to roughly 900 including eggs, peanuts and milk.
Sunday, March 11, 2012
South Florida Boat Show soldiers on - South Florida Business Journal:
The show, promoted by Pompano Beach-based , is a much smallerd cousin to the Fort Lauderdale and Miami internationaoboat shows, Marine Industries Unlimited owner Brad Michael “We’re a niche show. We don’r try to be an international show,” he “We have the boats that are 90 percentr of whatAmerica buys.” Held at the , this year’se show will feature boats from about 75 Michael said. The vessels on display are all powerboatss under40 feet. About 85 percent of the boatse cost lessthan $200,000, he noted. The 250 boatsa on display are a drop from the 350 boata typically atthe show.
The number of registere d exhibitors is down abouty35 percent, too, Michael said. The show comes as the marinee industry has taken a battering from the For the 12 months endedin April, registrations of new 18-fooy to 40-foot boats fell 46 percentr from the prior-year period, according to data from , a Miami-basesd marine industry research “It’s hard to be to optimistic about the year in looking at what’s happened in 2009 so Info-Link co-owner Jesse Wells Wells pointed to the recent bankruptcy of Minneapolis-based boat manufacturer , the nation’se second-largest boat manufacturer, as more proof of the industry’s Still, recent data shows that used boat registrationse are generally picking up a glimmer of hope that the industry may be bouncin g off the bottom, Wells said.
As a dealer, Michael said he sold threer boats in the last month after failing to sell any the firsft four months ofthe “In January, February and March, nobody knew wheres the bottom was,” he Frank Herhold, executive director of the , said dealers are tellingh him that sales are pickin up. Financing, locked up since last fall, is becoming availablre for those who are credigt worthy and can put substantialmoney down. “Like every other industry, we’re taking our Herhold said.
“I see a light at the end of the
Friday, March 9, 2012
Wachovia's state-of-the-art data center will be humming soon - Birmingham Business Journal:
Builders broke ground in April 2005 on the a $400 million project that economic developerse say represents the biggest capital investment in Birmingham in 10 years. Despite the complexity of the project, constructionh was completed in less than ayear - a monthy ahead of schedule. Wachovia received a certificate of occupancy on the building in according toBob Cashner, senior vice president of corporats real estate for Wachovia. Now, workers are installinvg servers andother high-tech equipment and layingg the groundwork for further installations down the Operations are due to begin in June. The site is one of Wachovia'ss three major data centers nationwide.
Both of the otherzs are in Winston-Salem, N.C. Jim Wachovia Corp.'s chief technology officer, says the new site "representse the pinnacle of a computing facility." Mike Mee, a 38-year industruy veteran who will serve as data center says the center is noteworthy for its size and and for the amount of technolog y housed inone place. Planning begah in 2004. The site will provide backup storage for the data centersin Winston-Salem and also will handl live transaction processing and systems testing.
Just what else it will do remain sunder discussion, Ditmore A Wachovia task force is currently working to evaluated how to divvy up specific operationes between the company's high-techb sites. "It will be years before the center is fully at he says. The site already has attractede attention. Earlier this year, about 100 memberz of the Site Uptime a group of professionals from Fortune 500 companiesx that meet to share information andbest practices, traveledx to Birmingham to tour the Wachovia and the data according to Cashner. The perimeter of the center resembles nothing so much as a nicelylandscaped minimum-security prison.
Acces to the site is limited by asecurity checkpoint, a ring of security cameras and a double layer of tall blacl fences topped with barbed Visitors to the site must sign in and out with securith personnel at the checkpoint, and again insids the building. The center itself comprises abouf 220,000 square feet. About 10,000 squares feet has been established as office space for center By contrast, a full 100,000 squarr feet inside the center is devoteed to the storing and maintenance of what Ditmore describee as thousands of servers with petabytes of combined storage capacity. A petabyted is 1,000 terabytes.
Servers are being installeed now inside blackmetall lockers, each roughly the size of a refrigerator, lineds in rows in one of two 50,000-square-foot rooms. A second such room stands cavernousand empty, providing room for future Floors throughout the center are raised 18 to 36 inches off the grounfd to make room for the assortex cables and pipes that keep operations running smoothly. The servert rooms are organizedinto grids, with numbers and letteras along each wall that alloa workers to pinpoint a location within the foresr of servers and
Wednesday, March 7, 2012
Onra : « La différence est mal vue en France » - cafebabel.fr
Onra : « La différence est mal vue en France » cafebabel.fr à Paris, sa ville d'adoption, il nous parle de la possibilité d'aimer sa propre musique, de sa culture franco-vietnamienne et des différentes « spécialités de conneries » qu'on rencontre à travers le monde. Les beats vont du calme à l'insolite suivant ... |
Monday, March 5, 2012
Jury awards Centocor $1.7B in patent case against Abbott - Atlanta Business Chronicle:
An Abbott spokesman said the companywill appeal. Pa.-based Centocor, a division of (NYSE:JNJ), makez the blockbuster rheumatoid arthritistreatment Remicade, and had sued Abbott over Abbott’s arthritis drug, Humira. Both are so-called anti-TNcF arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusiver licensee ofthe patent, whicnh is co-owned by . Centocor President Kim Taylo said “the jury recognized our valuableintellectuakl property, finding our patengt both valid and We will continue to assert intellectual propertyu rights for our immunology as they offer significant advances in treatment for patientsd with a number of immune mediated inflammatory diseases.
” Abbott spokesman Scott E. Stoffepl said, “We are disappointed in this verdict, and we are confidentf in the merits of our case and that we will prevaioon appeal. “The evidence clearly establisher that Humira was the first ofits fully-human anti-TNF antibody medicine,” Stoffel said. “JNJ’s anti-TN antibody medication, Remicade, is partiallyh made from mouse DNA. JNJ did not launchy a fully-human product until April 2009. In fact, only when Humirw was nearing its approval in 2002 did JNJ amend the patent at issur in this litigation to claim that it haddiscovererd fully-human antibodies in 1994.
JNJ acknowledged at tria l that it did not stargt working ona fully-human antibody until 1997 two years after Abbott discoveredx Humira and one year afterd Abbott filed its patent applications for Humira.”
Saturday, March 3, 2012
Carolinas HealthCare reduces 1Q loss - Washington Business Journal:
Investment losses for the latest quarter totalednearlhy $101 million. Chief Financial Office r Greg Gombar anticipates gains in the financial market in April and May will erasethosr losses. Carolinas HealthCare uses investment earningds forcapital expenditures. That moneg is not used for daily The health-care system hopes negotiations with severalp lenders will cut its interest expensez tied to variable debt and higher bank-liquidith fees. Those fees are about $1 millionb per month. Interest expenses in the firs quarterwere $21.8 million.
From an operationap standpoint, Carolinas HealthCare had a stronhgfirst quarter, says Russ executive vice president for business development and Net operating revenue climbed 8.6 percent to $1.2 billioh systemwide. Operating income exceedexd $24.5 million. The health-cars system saw adjusted discharges — a calculation that gaugeds patientactivity — climb 5.2 percent from a year Growth within the health-caree system and expense managementg “is the primary driver why we’re aboved budget significantly,” Guerin says. Carolinas HealthCaree spent morethan $106 million on capita l projects in the first quarter.
Projects include new operatintg roomsat CMC-NorthEast and Carolinas Medical Center, an expansiobn of CMC-Pineville, a new hospital at CMC-Lincoln and construction of health-carwe pavilions in Steele Creek and Waxhaw, which will include free-standinfg emergency departments. Challenges in the coming months include managingfthe system’s growing bad-debt and charity-care reducing interest expenses and preparing for a possible state cut in Medicaid funding, Gombar says. Bad-debt costs were 12 percenf over budget during thefirstr quarter, topping $48 million in the first quarter. During the same periord last year, bad debt was abour $43 million.
The health-care system spent more than $770 milliojn in community carein 2008, including bad charity care and subsidizing Medicare and Medicaid. That equalds 18.8 percent of the health-carde system’s net operating revenue. ”It’s a trend everybody’s seeing acrossw the country,” Gombar “We can’t control how many people are how many people show up at our doorwithoutf insurance.” North Carolina’s budget woes coulcd results in a cut of up to 15 perceny for Medicaid. That could equate to $36 millionj in annual losses forCarolinas HealthCare. “Medicaide cuts are the worst economic benefit cut the statwecan make,” Gombar says.
“It’xs painful.” Says Guerin: “It raises prices for thos e whodo pay. It makes no good business sense to do Gombar says every dollar cut from Medicaideliminate $4 from the economy. Carolinaes HealthCare is the largest health-care system in the Carolina s andthe third-largest public system in the The system owns, leased or manages 25 hospitals. It has more than 40,00p0 full- and part-time
Thursday, March 1, 2012
Considerable concern about latest Franklin Gutierrez injury - Seattle Post Intelligencer (blog)
Seattle Post Intelligencer (blog) | Considerable concern about latest Franklin Gutierrez injury Seattle Post Intelligencer (blog) âThere's considerable concern,â Wedge said of the injury. âI've seen it a few times, but it's not very common.â Gutierrez had been planning a comeback after struggling last season with stomach issues, and arrived to spring training bulked-up and ready ... M's: There's 'considerable concern' over Gutierrez's pectoral injury Wedge says there is "considerable concern" about Franklin Gutierrez as ... Franklin Gutierrez Injury Causing Mariners 'Considerable Concern' |
