Wall Street Journal reporter Ed Silverman interviews Professor Andrew Lo about his proposal that a public-private partnership could solve funding issues for drugs research and development. “Right now, the risk of failure [in developing an Alzheimer’s treatment] is far too high for any single pharmaceutical company to take on,” Lo explains.
“Based on the current rates of success in creating new drugs for Alzheimer's disease, it could take 260 years until the next one is approved,” writes The Boston Globe’s Carolyn Johnson on the rationale for why Professor Andrew Lo is proposing a new, portfolio-based approach to Alzheimer's research.
Reuters reports on Professor Kristin Forbes’ appointment to the Bank of England’s Monetary Policy Committee. "Dr Kristin Forbes is an economist of outstanding ability with real practical experience of policy making," says Chancellor of the Exchequer George Osborn.
“Now professor of management and global economics at MIT Sloan, Ms Forbes was the youngest-ever person appointed to the White House's Council of Economic Advisors, where she served President George W Bush from 2003 to 2005,” reports The BBC on Professor Kristin Forbes’ appointment to the Bank of England’s Monetary Policy Committee.
Professor Kristin Forbes has been appointed to the Bank of England’s Monetary Policy committee writes Jason Douglas for The Wall Street Journal. “She will make an exceptionally strong addition to the MPC," said Chancellor of the Exchequer George Osborne in a statement.
“A series of three studies reveals that investors prefer pitches from male entrepreneurs over those from female entrepreneurs, even when the content of the pitches is identical,” writes Carmen Nobel of Forbes on the findings of a new paper co-authored by Professor Fiona Murray.