Monthly Archives: November 2014

Happy Thanksgiving!

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Average Drug Development Cost Now $2.6 Billion

Based on the latest study conducted by the Tufts University Center for the Study of Drug Development, the total cost of developing a drug is, on average, $2.6 billion.  That figure includes $1.4 billion in direct out of pocket costs for each … Continue reading

Posted in Fixing Big Pharma Research, Pharmaceutical Industry | Tagged | 1 Comment

Rosetta’s comet lander goes quiet

Rosetta’s Philae lander has stopped transmitting from comet 67P/Churyumov-Gerasimenko.  Philae landed safely, but ended up in a shady location and couldn’t recharge its batteries using solar power.  There is some hope that when the comet gets closer to the sun (around August 2015) … Continue reading

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Rosetta mission succeeds in landing on a comet

Really cool seeing the first ever images of the surface of a comet from the Rosetta mission, courtesy of the ESA. It really does look like a dirty snowball. Unfortunately it seems that the lander ended up in a shady … Continue reading

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Microsoft Office is now free for mobile devices

With relatively little fanfare, Microsoft has made Office for mobile devices free.  Faced with a minuscule software market share in the fastest growing device markets, Microsoft decided that they needed to make Office — their biggest money-maker after Windows — free … Continue reading

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Automated Investment Portfolio Management Goes Mainstream

Discount brokerage firm Charles Schwab has announced that it will soon start a new free automated investment advisor service, “Schwab Intelligent Portfolios.” The Finance Buff is covering the topic: Like the other so-called robo-advisors such as Betterment and Wealthfront, Schwab’s computer algorithm is going to suggest … Continue reading

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