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Further, the tremendous sum that it costs to get a drug approved severely constrains the number of drugs companies are willing to develop. If a pharmaceutical company cannot expect to make back their costs??which could reach over $1 billion—in sales from a drug, it will not even go to the trouble of submitting the drug for FDA approval. This limits the options available to those with rare diseases, because the FDA creates a huge disincentive to make drugs that will only help a “niche” market. That explains...

Author: By Alexander N. Harris | Title: Don’t Kill Cancer Drugs | 11/9/2006 | See Source »

...here,” Elie Yarden, a board member of the Association of Cambridge Neighborhoods, said at a citizens’ forum in the Cambridge Senior Center following the presentation of the survey.It’s not the first time that Cantabrigians have complained about sky-high housing costs??23 percent of residents listed housing as their top concern in the city’s last biannual survey in 2004. According to a paper by Glimp Professor of Economics Edward L. Glaeser, the Cambridge-Newton area experienced the third-fastest rate of housing price growth between...

Author: By Virginia A. Fisher and Nicholas K. Tabor, CRIMSON STAFF WRITERS | Title: Survey Says: Housing Tops Cambridge Residents’ Concerns | 10/24/2006 | See Source »

...Having already experienced two seasons in the Arizona Diamondbacks farm system, Trey was able to give me an earnest and startling perspective. He warned that playing baseball in the minor leagues was really more about developing the individual than about the team-first, “win-at-all-costs?? mentality that prevails at Harvard. This is not to say that my current teammates are in any way selfish or that winning is not their ultimate goal but the dugout just seems to lack that same buzz and excitement that is present when playing a Sunday doubleheader against...

Author: By Frank Herrmann, CONTRIBUTING WRITER | Title: BALLPARK FRANK: Every Man for Himself In Pros | 4/25/2006 | See Source »

...Americans an alternative to the current standard. Yet, although the money contributed to an HSA is tax-free, it is not yet tax deductible like traditional health premiums.The assumption with HSA is that health insurance should be used to protect against catastrophic medical costs, not day-to-day predictable costs??much like any other kind of insurance available. Using high deductible health insurance will allow Americans to distribute the risk of huge unexpected medical costs while taking on personal responsibility for smaller predictable costs. In addition, it will save families thousands of dollars every year in medical premiums...

Author: By Ashish Agrawal, | Title: Hidden Costs of Health Insurance | 4/12/2006 | See Source »

...increased by an average annual rate of 3.4 percent over the past five years. The index measures movements in the prices of goods and services purchased by colleges and universities. In an interview on Monday, Kirby pointed to a “very significant spike in energy costs?? as one of the major factors that are driving up expenses for the Faculty of Arts and Sciences. —Staff writer Evan H. Jacobs can be reached at ehjacobs@fas.harvard.edu...

Author: By Evan H. Jacobs, CRIMSON STAFF WRITER | Title: College Tuition On the Rise | 4/3/2006 | See Source »

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