Word: multibillions
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That doesn't keep drugmakers from trying to develop a treatment, seduced by the prospect of a multibillion-dollar blockbuster that could be even bigger than Viagra and its competitors combined. At a European conference for sexual medicine on Monday, a German pharmaceutical company presented results from a pivotal phase III clinical trial in North America and announced that it had found a drug that works. "We saw an increase in sexually satisfying events, an increase in desire and a decrease in distress. When we look at this against a backdrop of a common and distressing problem that affects...
...multibillion-dollar United States Superconducting Supercollider, which was designed to search for the Higgs, was abruptly canceled by Congress. In 2000, scientists at a previous CERN accelerator, LEP, said they were on the verge of discovering the particle when, again, funding dried up. And now there's the LHC. Originally scheduled to start operating in 2006, it has been hit with a series of delays and setbacks, including a sudden explosion between two magnets nine days after the accelerator was first turned on, the arrest of one of its contributing physicists on suspicion of terrorist activity and, most recently...
...small nations alike. Even Switzerland has not escaped the carnage. Its unemployment rate is at its highest for more than 11 years, and those fathomless repositories of Swiss-ness, the banks, are reeling from their exposure to sub-primes and credit markets. Switzerland's two biggest banks needed multibillion-dollar bailouts - UBS with public money, Credit Suisse with private - and, like bankers everywhere, they face the rage of ordinary people. In August, a civil action by the U.S. Internal Revenue Service forced UBS to reveal the names of thousands of tax-dodging Americans with bulging Swiss accounts. (See pictures...
Look at our political debates today. Is it liberal or conservative to oppose multibillion-dollar payouts for the bankers and insurers who flushed our economy down their gold-plated toilets? Our conception of politics is broken if it cannot account for the fact that Michael Moore and Glenn Beck come to some of the same conclusions while having very different philosophies. Yet pollsters and the media still rely on it, to frame politicians and themselves...
...economic problem for countries like Australia," says Anthony Richardson, a marine biologist at the University of Queensland in Australia. If the deadly box jellyfish that plague the country's northern beaches migrate south to the Gold Coast, it could have huge implications for the region's multibillion-dollar tourism industry. (See TIME's special report on the environment...