Word: valley
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...money poured into its sprawling laboratories in Boston and a dizzying number of scientific breakthroughs continue to pour out. Now, University President Lawrence H. Summers wants to capitalize on those breakthroughs by calling in the capitalists and using Harvard’s scientific might to foster a new Silicon Valley for the life sciences. The revolution in microchips will be followed by one in genes and proteins, Summers argues, and Harvard needs to be at the forefront...
...biotechnology is that the pace of discovery—and eventual profitability—is much slower than with easy-to-manufacture microchips. Products such as drugs take decades to pass through strict government reviews. Europeans refuse to eat genetically engineered food. Biotechnology is less of a Silicon Valley-style gold rush than a minefield where only the truly exceptional companies can turn a profit before they burn through all their capital...
...find expressions and cures to diseases, it is surely a major role for collaborations, closely defined, closely regulated; to be sure, collaborations with the private sector.” Summers has yet to clearly say what definitions and regulations he’s talking about, or how the Silicon Valley model applies to the vastly different world of life sciences. But as the public’s confidence in corporations continues to fall with the Dow, the dream of Biotech Valley, Boston seems more and more like a project Harvard should leave...
Along with the Red Bulls, Smith's five-bedroom, 4,700-sq.-ft. rented house in the San Fernando Valley is stocked with a Costco's worth of Kraft Easy Mac, pizza-flavored Pringles, Handi-Snacks and Cheetos. In addition to frying the occasional peanut butter-and-jelly sandwich, Smith has been caught on camera putting Cheez Whiz on a pickle. At the go-cart place, Smith, on the second day of her diet, attempts to eat a piece of celery, which she tries to peel. If you catch only one episode of her show, I'm guessing it should...
Today Evanovich and her family live near Hanover, N.H., in a house overlooking the Connecticut River Valley, with a golden retriever and "a rude green parrot." What a difference royalties make. "If I see something I like, I can buy it," she marvels. "I have more money than time now. I don't always have to look for the best buy." (One such purchase: a diamond ring from Tiffany's.) In short, says Evanovich, turning out best sellers "allows you to have different priorities." But for her, one priority remains: writing book nine...