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...late October, blood-equipment maker Haemonetics Corp., of Braintree, Mass., invested $5 million in Arryx to help develop a machine that would remove a blood donor's platelets, used for clotting. Under the deal, Haemonetics has agreed to make payments of $7.3 million and $5 million when Arryx hits predetermined development breakthroughs...

Author: /time Magazine | Title: Innovation: Tech Pioneers | 1/23/2005 | See Source »

...that so difficult? Good intentions are partly to blame. Donor countries do not want their aid to overwhelm a country's bureaucracy or feed corruption, so in the name of accountability, they give very carefully. The pledges of aid made by governments are just that--pledges to help, not outlays of cash. Rather than write the U.N. a $4 billion check, governments pick and choose which relief and reconstruction efforts they want to fund. "It makes no sense just to give money," says German Chancellor Gerhard Schr??der. "Our people don't want that." At the donors conference in Jakarta...

Author: /time Magazine | Title: Foreign Aid: How Much Will Really Go to the Victims? | 1/10/2005 | See Source »

...Republicans sighed at the Bush team's contortions. "The attitude problem is huge," says a Bush adviser. "We will probably give a lot of money and get no credit." The U.S.'s increased contribution of $350 million still wasn't enough to make it the world's most generous donor. Japan earned that designation by pledging $500 million...

Author: /time Magazine | Title: Sea of Sorrow | 1/2/2005 | See Source »

...device is only a temporary fix, intended to buy time for the sickest patients while they wait for a heart transplant. Still, it has proved effective. Patients put on CardioWest were more than twice as likely to survive for a year, increasing their chance of finding a suitable donor heart. Doctors are testing a fully implantable artificial heart called the AbioCor, but it has not yet been approved...

Author: /time Magazine | Title: The Year In Medicine From A To Z | 12/17/2004 | See Source »

...donors want to contribute to tangible things, and those things are all necessary and critical and important,” said Contrucci. “But there hasn’t been a donor in the past who has allowed us to send students out to see cultural events, and that has had a tremendous impact and will forever, I’m sure, capture the admiration and gratitude of teachers...

Author: By Eduardo E. Santacana, CONTRIBUTING WRITER | Title: Pudding Donates $12,000 To School | 12/17/2004 | See Source »

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