Word: lithium
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...Henderson, Nev., high school that not so long ago, the U.S. made barely 2% of the advanced batteries used in the world's electric vehicles. Now, thanks to a multibillion-dollar federal investment, American companies are positioned to increase production tenfold - and potentially control 40% of the global lithium-ion-battery market by 2015. "We've created an entire new industry," Obama said...
...quite, but certainly the beginnings of one. Demand for lithium-ion batteries is increasing dramatically as electric-car technology improves and prices drop. Nissan has introduced the all-electric Leaf, and this year Chevy will debut the long-anticipated gas-electric Volt. Those and future electric cars need battery packs, and at least a dozen American lithium-battery start-ups are competing with Asian companies such as Sanyo and Hitachi to provide them. "There's a tremendous amount of competition," says David Vieau, chief executive of A123 Systems, a Watertown, Mass., start-up powered by federal money that is vying...
...business. The consulting firm Pike Research estimates that the global market for lithium-ion batteries could grow from $877 million this year to $8 billion by 2015. In North America, the market is expected to expand from about $287 million this year to $2.2 billion...
...response to the publication of a small study indicating that lithium helps people with ALS, the site evaluated the collective experience of its members who had taken the drug and determined that lithium didn't work - a conclusion it reached six months ahead of similar findings from conventional clinical trials. (In an interesting sign of the times, PatientsLikeMe presented its observations in December at the international ALS symposium in Berlin.) Free to patients, the for-profit venture sells pharmaceutical companies the blinded data it compiles from its members about drug safety and efficacy. (See "The Year in Health 2009: From...
...they're more connected to the research. It's easy to take the samples and to be lazy. At a teaching hospital, you're more apt to find a psychiatrist who will listen to your story and prescribe medications they know work. My doctor is open to drugs like lithium that have been around for a long time and have a great track record but aren't going to make her rich...