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How A $440,000 Drug Is Turning Alexion Into Biotech's New Innovation Powerhouse

How A $440,000 Drug Is Turning Alexion Into Biotech's New Innovation Powerhouse | Business News & Finance | Scoop.it

The pharmaceutical business is not kind to entrepreneurs. It takes more than a decade and hundreds of millions of dollars in venture capital to get from cool idea to marketed drug, which is why the founders of Amgen, Genentech and Gilead were gone by the time those companies became big successes.

But nestled near a pastoral local farm 40 minutes outside of New Haven, Conn., amid ears of corn and rows of beets, is the exception to that rule. There, an unassuming, self-deprecating doctor named Leonard Bell still serves as chief executive of Alexion Pharmaceuticals, the company he founded after he quit his medical professorship at Yale 20 years ago.

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Instagram launches account switching on iOS and Android

Instagram launches account switching on iOS and Android | Business News & Finance | Scoop.it
Facebook-owned Instagram today announced that starting this week, users will be able to switch accounts when using the app on Android and iOS.
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SoBe, so long: After $59 million apartment sale, locals dread rent hikes

SoBe, so long: After $59 million apartment sale, locals dread rent hikes | Business News & Finance | Scoop.it
Henry Williams’ rent is going up in South Beach — and the black heels and burnt-orange wig lying in his living room won’t be able to cover the monthly bill.
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NYC schools get new day off, close for Lunar New Year

NYC schools get new day off, close for Lunar New Year | Business News & Finance | Scoop.it
New York City school kids won’t have to play hooky to celebrate the Year of the Monkey.
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The 2016 Groove Cruise Offered Endless Beats and Lost Teeth

The 2016 Groove Cruise Offered Endless Beats and Lost Teeth | Business News & Finance | Scoop.it
Check out video from the 2016 Groove Cruise.
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Here’s why Daraprim still costs $750 a pill

Here’s why Daraprim still costs $750 a pill | Business News & Finance | Scoop.it
The price of the costly drug has not changed, even after controversial biotech investor Martin Shkreli said it would.
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Wal-Mart to operate its own gas stations

Wal-Mart to operate its own gas stations | Business News & Finance | Scoop.it
For most of the past 20 years, Wal-Mart Stores Inc. has let another company build and operate gas stations in the parking lots of its stores. Now, the retailer has decided it wants to pump its own gasoline.
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Headphone splitters gone rogue: How to share your music with 100 people all at once【Video】

Headphone splitters gone rogue: How to share your music with 100 people all at once【Video】 | Business News & Finance | Scoop.it
For those silent parties without speakers.
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Lifesaving cancer treatments remain bogged down in red tape.- @LifeExtension

Lifesaving cancer treatments remain bogged down in red tape.- @LifeExtension | Business News & Finance | Scoop.it
Like lambs awaiting slaughter, the public tolerates bureaucratic delays that inflict horrific suffering and needless death. Lifesaving cancer treatments remain bogged down in red tape.
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The 2016 Boca West Foundation’s Concert for the Children presents the “Queen of Soul”, Aretha Franklin and the Symphony of the Americas 100% of Tickets Sold by Local Charities to be Donated Back : ...

The 2016 Boca West Foundation’s Concert for the Children presents the “Queen of Soul”, Aretha Franklin and the Symphony of the Americas 100% of Tickets Sold by Local Charities to be Donated Back : ... | Business News & Finance | Scoop.it

The Boca West Foundation has announced that the “Queen of Soul”, Aretha Franklin will be the headliner of their annual Concert for the Children. In a letter to benefiting charities the Foundation wrote that “...

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International buyers make up 36% of all SoFla real estate sales: report

International buyers make up 36% of all SoFla real estate sales: report | Business News & Finance | Scoop.it
International buyers account for $6.1 billion or 36 percent of South Florida's home sales in 2015, according to a report released on Thursday.
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Social Chats Finance w Harry and Tonya 12816

Social Chats Finance w Tonya Scholz and Financial Analyst, Harry Turkish chat abt #marketviews
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Oil up 3 percent on possible production cuts to remedy glut

Oil up 3 percent on possible production cuts to remedy glut | Business News & Finance | Scoop.it

Crude had jumped as much as 8 percent after Russian Energy Minister Alexander Novak revealed the proposed reductions in output, which would amount to about 500,000 barrels a day of cuts by Russia, one of the largest producers outside OPEC.

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Priceline, Expedia and TripAdvisor face Airbnb threat

Priceline, Expedia and TripAdvisor face  Airbnb threat | Business News & Finance | Scoop.it
Priceline, TripAdvisor and Expedia stocks all took a hit Wednesday after two brokerages issued bearish notes on the entire online travel agency industry.
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Concerns Raised Over Reported Rise in Crime Against Asian Americans in NYC

Concerns Raised Over Reported Rise in Crime Against Asian Americans in NYC | Business News & Finance | Scoop.it
New York congressional members sent a letter to the NYPD expressing concern over what they say is a rise in crime against Asian Americans.
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Real Estate/Ahead of the Deal: 150,000 new South Florida condo units announced this cycle

Real Estate/Ahead of the Deal: 150,000 new South Florida condo units announced this cycle | Business News & Finance | Scoop.it
Developers have surpassed the 50,000-unit milestone for new condos announced to be developed east of Interstate 95 in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during this real estate cycle that began in 2011.
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Social Chats Finance with Tonya and Harry 2416

Social Chats Finance with Tonya Scholz and Harry Turkish chat about this week's #marketviews
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Let’s Be Honest About The Problems With Blockchain And Finance

Let’s Be Honest About The Problems With Blockchain And Finance | Business News & Finance | Scoop.it
Strange times we live in. The world’s biggest financial players and analysts are buzzing about an invention that became famous partly by promising to..
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Martin Shkreli takes the Fifth before Congress

Martin Shkreli takes the Fifth before Congress | Business News & Finance | Scoop.it
Former pharmaceutical executive Martin Shkreli, who prompted a public outcry last year for raising the price of a lifesaving medication, asserted his Fifth Amendment right not to testify Thursday before a House committee probing escalating drug costs.
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Social Chats SFL with Tonya Scholz chat with Silvia Lu, founder of Feng Shui Institute

Social Chats SFL with Tonya Scholz and Maria De Los Angeles chat with Silvia Lu, founder of Feng Shui Institute
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Those born in the Year of the Goat luckiest in the Year of the Monkey - Nation | The Star Online

Those born in the Year of the Goat luckiest in the Year of the Monkey - Nation | The Star Online | Business News & Finance | Scoop.it
KUALA LUMPUR: Those born in the year of the Goat in the Chinese zodiac will be the luckiest people this year, which is the year of the Fire Monkey.
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Social Chats Openhouse 2116

Social Chats Openhouse with Tonya Scholz, James Meyer, Eva Leung and Sherise James chat about South Florida real estate market and more.
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Foreclosures, delinquent mortgages decline

Foreclosures, delinquent mortgages decline | Business News & Finance | Scoop.it
South Florida saw more improvement than the nation as a whole, but foreclosures remained substantially higher here.
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Broward Realtors Make Blatant Appeal to Cash Buyers Who Would Be Scrutinized in Miami

Broward Realtors Make Blatant Appeal to Cash Buyers Who Would Be Scrutinized in Miami | Business News & Finance | Scoop.it
As the federal government starts to monitor cash sales of homes and real estate in Miami, Broward realtors make a blatant appeal to foreigners, hoping t...
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Zuckerberg's Fortune Passes Kochs

Zuckerberg's Fortune Passes Kochs | Business News & Finance | Scoop.it

More from Bloomberg.com: The $29 Trillion Corporate Debt Hangover That Could Spark a Recession Thursday’s surge turned a year-to-date decline of more than $4 billion for Zuckerberg into a $1.9 billion [...]...

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More Than 100 Wal-Mart Stores Closing Across US on Thursday, Including 5 in SoCal

More Than 100 Wal-Mart Stores Closing Across US on Thursday, Including 5 in SoCal | Business News & Finance | Scoop.it
Wal-Mart was shutting down more than 100 locations in the U.S. on Thursday, including five stores in Southern California. The mega-retailer had announced earlier this month that it was closing 269 stores worldwide, 154 of which are in the United States. It began shutting down stores on Jan.
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