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Tag: billions

  • Cholesterol, New Drug May Bring Billions In Revenue

    Sanofi and Regeneron have come together to create a drug that lowers cholesterol and allows people more choices with monitoring individual cholesterol levels. The drug has the potential to sweep through the medial world with current projections aiming that the drug may provide a $3 billion industry by itself.

    The new drug, alirocumab, is a PCSK9 inhibitor. But what does this mean for real life everyday usage? The drug will be self-administered through injections. As a PCSK9 inhibitor the drug will have a unique target method. Man-made antibodies will attack proteins that otherwise prevent the body from eliminating the bad cholesterol, called LDL cholesterol.

    This is a different method from the drug class of statins, which prevent the liver from initially producing LDL cholesterol. Intended candidates for using this drug include high-risk individuals with a predisposition and family history of high LDL cholesterol levels. A likely factor considering prescribing PCSK9 will also involve whether statins have been successful in controlling the condition alone. If statins have been unsuccessful, then alirocumab may be deemed as a potential solution.

    The financial gains intended from this drug have been noted by many researchers. Members from the Deutsche Bank recently had this to say about the drug, “Physician feedback suggests high awareness amongst cardiologists and planned prescribing habits support multi-billion dollar potential for the class.”

    According to BioMedTracker, the estimates for future financial gains project that by the year 2023 sales for alirocumab may reach $3.7 billion.

    The CEO of Sanofi, Chris Viehbacher, recently spoke optimistically about the potential results this recent change may pose for the healthcare industry. “When you look at the number of patients who are willing to inject themselves daily for diabetes, and you know a lot of those patients are also going to be in your patient population for PCSK9, I actually think that the injectable part is not going to be as big a barrier as people think. I think it is going to be a paradigm shift for healthcare and a potentially huge opportunity for us,” Chris Viehbacher said.

    [Image Via Wikimedia Commons Is A Model Of The Cholesterol Molecule]

  • Track Mark Zuckerberg’s IPO Reward in Real-Time

    Track Mark Zuckerberg’s IPO Reward in Real-Time

    Considering how Friday’s world is revolving around Facebook’s IPO, is there anything more fitting than watching Mark Zuckerberg’s incredible worth fluctuate as Facebook’s stock prices raise and occasionally lower? Thanks to an embeddable widget from the Wall Street Journal, you can now live vicariously through Zuckerberg’s apparently unending wealth.


    As of this writing, Zuckerberg’s total worth is hovering near the $20 billion mark. In light of that massive financial windfall, it’s hard not to wonder if Facebook’s CEO will give reward those that made him so financially viable. No, I’m not talking about his programmers and developers. I’m talking about the only thing Facebook has that’s worth selling: its members. Without his 900 million-plus Facebook members, that $19 billion would be reduced.

    A lot.

    It should be noted that, as pointed out by Richard, Zuckerberg sold a little over 30 million shares, meaning he netted a cool $1.15 billion for a day’s work. I believe we could qualify those terms as “acceptable.” Others on Twitter noticed Zuck’s incredible financial windfall as well:

    Is it just me or is Mark Zuckerberg one acid-facial industrial accident away from turning supervillain?
    1 hour ago via Batcomputer · powered by @socialditto
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    Facebook went public today and sold 82 million shares in the first 30 seconds. Projectin Mark Zuckerberg will make $20 billion today! #bank
    3 minutes ago via Twitter for iPhone · powered by @socialditto
     Reply  · Retweet  · Favorite

    Close, but not quite. In other news, apparently, the allure of billions of dollars hasn’t changed Zuckerberg. At least not yet:

    From Pizza dough to Facebook IPO: Facebook’s Mark Zuckerberg is a familiar face at Pinocchio’s Pizza in Harvard,… http://t.co/y7JEZfuY
    4 minutes ago via twitterfeed · powered by @socialditto
     Reply  · Retweet  · Favorite

    Groupies showed up, too:

    Facebook Still the most Valuable and profitable American company. Blow Wow Mark Zuckerberg why you no come breed me, I wanna have your Baby
    2 minutes ago via Twitter for Mac · powered by @socialditto
     Reply  · Retweet  · Favorite

    I wonder how many “friends” and long-lost “relatives” have tried to get in touch with the Boy Wonder Billionaire?

  • Mexicans Well Overcharged Billions In Phone Web

    Mexico is the second largest Latin American economy, but it seems the cost of phone and internet bills are holding it back. From the years of 2005-2009, consumers in mexico spent 13.4 billion dollars per year excess for phone and internet. Also it seems the highest fees impacted the poorer families. This overcharging ended up costing the country 129 billion dollars over a five year time span.

    The telephone market is dominated by Slim Telefonos de Mexico A.K.A. Telemex which provides nearly 80 percent of the services, while billionaire Carlos Slim controls around 70 percent of the cellphone market with America Movil.

    Dionisio Perez-Jacome, minister of Communications and Transport had this to say, according to one source:

    “This is a critical study…that exposes the weakness of the telecommunications sector in Mexico.”

    In the year 2008, Telemex had a profit margin of nearly 50 percent, while countries like Canada and the UK only had close to 30 percent. Mexican Government is, in the mean time, trying to increase broadband speeds in mexico, which apparently they feel will soften the blow of thee high prices. Evidently in their opinion broadband speed trumps ridiculous price.

    In your opinion, does speed outweigh price or do steep prices steer you elsewhere? Should speed and price equal each other? With this economy who can afford expensive internet anyway? Leave your opinions in the comments section

  • YouTube Now Has Over 4 Billion Video Views A Day

    YouTube Now Has Over 4 Billion Video Views A Day

    Whatever you were just doing in the very second it took you to start reading this sentence, an entire hour of video was uploaded to YouTube. And yes, another hour of video was uploaded per each subsequent second after that original one. And so on.

    That’s the big news from YouTube today, who announced on their blog earlier that they are now clocking 60 hours of uploaded video every minute. That is, in a word, unreal.

    YouTube put together a fun interactive visualization over at onehourpersecond.com that shows you what the rest of the world does in the time it took to upload some videos. One of my favorites in spite of the lack of sense it makes to me: “In 38 minutes of uploads to YouTube, our ostrich is still running at full speed, traveling 98,040 miles.”

    Additionally, they also calculate that they’ve exceeded four billion video views worldwide every single day. They put it in perspective: “That’s up 25 percent in the last eight months and the equivalent of more than half the world’s population watching a video every day, the same number as there are US $1 bills in circulation, the same as number of years since there was water on Mars…it’s a big number, and you’re making it bigger every day.” Lots and lots of videos happening in your face, humanity.

    And because video is their thing, of course you knew they’d have a video to mark this milestone:

    In order to mark my own observance of YouTube’s achievement, I’m going to share some of my favorite videos with you here. Hope you like them as much as I do.