Word: edb
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Ting's modest credentials didn't bowl over the high-flying venture capitalists at the Singapore government's Economic Development Board (EDB), which is seeking to boost the country's biotech industry. "Nobody bet on us from the government," he says, an account that officials confirm. So, to fund the company that would eventually make the BPro, HealthSTATS International, Ting sold three of the four medical clinics he was running. "Everyone thought I was mad," he says. Ting launched the BPro in Singapore last spring, and is readying its launch in the U.S., where it has been cleared for marketing...
...skeptics have also come around. Says EDB's Yeoh Keat Chuan of the BPro: "It is a revolutionary device. It has significant commercial potential." In spite of the pressure to sell the BPro and reward his shareholders, what matters most to Ting is patients like Ronnie Ho, for whom this modest-looking black wristwatch is already priceless...
...presidentially appointed bureaucrats and replaced them with able administrators. He took the task of cleaning up toxic-waste dumps away from officials friendly to polluters. Ruckelshaus ordered that nearly all of the lead in gasoline be phased out by 1986 and banned the use of the cancer-causing pesticide EDB...
...course, the government is not dragging Tony the Tiger into the nuclear age for nothing. The plan they say is the lesser of two evils. In the past, farmers have used the controversial Ethylene Dibromide (EDB) as a pesticide. But scientists have determined that EDB causes cancer, and so food growing companies have been scurrying to find replacements for the dangerous chemical. The leading chemical candidates for substitutes, namely methyl bromide and aluminum phosphide, are believed to be as harmful as EDB...
...reassuring that the government has finally reacted to concerns over EDB, but its proposed solution hardly appears to resolve the issue. The lesser of two evils just may not be good enough...