Word: managerized
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SOMERVILLE—A dining hall manager accused of trafficking 300 pounds of marijuana worth $500,000 will have to wait until early February before his case is heard in court.
Radio stations across the country got a little surprise in the mail last week: just-burned plain white compact discs on which were scrawled, Let's Roll and NEIL YOUNG. Yes, the Neil Young, muttonchopped crooner of protest hymns, who, while recording his new album, asked his manager to roll...
Venture firm MPM Capital, of South San Francisco, Calif., raised $600 million for a biotech fund last year and expects to raise another $750 million within the next couple of months. It recently recruited two industry insiders as well as four M.D.s and Ph.D.s, and has 18 other experts focused...
Drug companies Novartis and Johnson & Johnson have set up venture funds to ensure access to the latest technologies. This fall Eli Lilly joined their ranks with a $75 million biotech fund. And IT firms such as IBM and Compaq are getting involved. IBM works in partnership with investment banks like...
IBM, which said last year that it would invest $100 million in the field, has now more than doubled its life-sciences investments. Says the initiative's general manager, Carol Kovac: "Partnering with companies in proteomics and genomics is essential for our success." Big Blue has invested $10 million in...