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Edwards’ humanitarian venture will commercialize a technique he developed at Advanced Inhalation Research, a startup he co-founded in 1997. The startup’s founders sold their firm to Alkermes Inc. in 1999—netting $22 million in stock for Edwards, according to The Boston Globe. Two years later, he was inducted into the National Academy of Engineering...

Author: By Nicholas M. Ciarelli and Daniel J. T. Schuker, CRIMSON STAFF WRITERSS | Title: A New Deal On Lifesaving Drugs | 11/13/2006 | See Source »

...success of microfinance, however, requires fighting against entrenched orthodoxy. Startup support for a microfinance institution often comes from partnerships with larger banks. These corporations are accustomed to multi-billion dollar deals and must develop confidence in the accumulation of small successes that lie at the heart of microfinance. Additional support requires donors like the Gates Foundation to be convinced that a money-making solution will be effective in alleviating poverty. And the clients must be persuaded to trust a financial services system that has long excluded them...

Author: By Rebecca A. Kaden | Title: Eliminating Poverty One Loan at a Time | 10/20/2006 | See Source »

...have to prove that the market for video ads and distribution has broad commercial appeal. So far, YouTube has yet to turn its attention to making money from the millions of visitors it attracts every day. But just before inking the deal with Google, the San Bruno, Calif.-based startup signed licensing and distribution deals with CBS, Universal and Sony. That, YouTube hopes, will help keep the upstart from suffering the painful demise that hit Napster, which couldn't successfully parlay its huge Web audience into a profitable, legal social network...

Author: /time Magazine | Title: Will Google's Big Bet Pay Off? | 10/9/2006 | See Source »

...biotech papers published and cited—ahead of MIT, which is ranked 21st. However, MIT is much more successful than Harvard in “technology transfer­”—converting ideas into applicable technology—and does particularly well in creating startup companies, the report found. Harvard ranks 18th in the “technology transfer” category. Part of the reason for this discrepancy comes from the different focuses of the universities, according to Erik Halvorsen, the director of business development in Harvard’s Office of Technology Development. While...

Author: By Stephanie S. Garlow, CRIMSON STAFF WRITER | Title: Harvard Lags in Tech Transfers | 9/25/2006 | See Source »

...Speaking of Microsoft, the MacBook gave me an excellent opportunity to try out Boot Camp - that's the installation of Windows XP as a second operating system, in case you hadn't heard. On startup, I can choose the Mac OS or Windows, and everything I tried in the latter environment worked as well as it could have. I even tested out MTV's Urge service with - Jobs forgive me - an iriver clix music player. It all worked together even more smoothly than it had done on my high-powered Dell desktop. My biggest problem was an inability to "right...

Author: /time Magazine | Title: Apple 13-inch MacBook | 6/7/2006 | See Source »

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