Archive

Archive for March, 2016

3D printing’s breakthrough in the life science market

March 24, 2016 Leave a comment

16661915478_b89cf8096e_qA new item is being introduced into the life science market and it’s getting wide recognition for being the first of its kind: 3D printing. There has been much talk regarding the world of 3D printing but it has not been previously connected with the life science industry. The FDA has approved the first 3D printing drug, produced by Aprecia Pharmaceuticals and its being made to treat seizures and epilepsy.

The 3D pill hit the market earlier this year and questions as to whether the same guidelines apply to the production are arising. When a new drug is introduced, there are several markers that the company must follow, what companies are wondering now is if the same rules apply for a drug that is being 3D printed. Will there be similar guidelines for equipment use and quality control? Quality assurance has been one of the biggest questions surrounding 3D printing in terms of products; with the product now being of a medical background the quality control guidelines are going to be strictly followed and monitored to be sure the product comes out the same as it would under a mechanically generated pill. Read more…

Private equity update: Optimistic for more deal activity

March 22, 2016 Leave a comment

magnifying_glassDeal volume in Q4 2015 was very high, with many private equity firms charging hard for year-end closes. However, January experienced a slower pace for deal volume. Our team suspects many private equity firms were evaluating their portfolios, if sellers will adjust their pricing, and evaluating any potential impact from China’s economy.

In addition, the actions and commentary of the Fed in January when it comes to raising interest rate, has provided some uncertainty.

With February behind us, and only a few weeks away from the end of Q1, activity has steadily increased, and it appears as if the rest of 2016 will continue to follow suit. Deal flow has increase quite well, and in speaking with deal professionals and advisors, many seem to be cautiously optimistic for 2016 overall, as pipelines are filling up. Read more…

Analysis of proposed health reform policies

prez_seal_stethHealth reform has remained a hot topic throughout the recent months leading up to the presidential election. Here is a breakdown and analysis of a few proposals put forth during the 2016 presidential campaign.

Completely repeal Obamacare. Our elected representatives must eliminate the individual mandate. No person should be required to buy insurance unless he or she wants to.

Regardless of your political affiliation, I think we can agree there are many aspects of The Affordable Care Act (Obamacare) that have mitigated the current health care crisis. The law has mandated more comprehensive coverage of health plans, for example, dependents must be eligible up to age 26, there are no more lifetime limits Read more…

Scammers are phishing for tax refunds

W2At least a dozen companies have recently been tricked into sending employees’ W-2 Forms to unknown third parties in response to email requests that appeared to be from others within the corporate network.   The immediate goal of the scammers is apparently to file fraudulent tax returns in the name of the victims and seek large refunds. W-2s contain almost all the information they need.

Tax refund fraud a growth business. The FTC has indicated that it is largely responsible for last year’s dramatic increase (nearly 50%) in complaints of consumer identity fraud.  Scammers seeking fraudulent tax refunds even stole sensitive data of about 330,000 people from the IRS’s own website. Read more…

Autonomous cars on the move

carGoogle reported Monday that it is partly to blame for an accident involving one of its autonomous vehicles hitting a municipal bus in California. This is the first accident that Google has taken blame for in the past six years; there have been 17 minor accidents during that time, however none have held Google at fault.

Driverless cars are fast becoming the trend in the next layer of technology. The Tesla Model S is one of those cars that is fast becoming a known name. The Tesla allows for autonomous driving while the actual driver is in the car to observe. The driver is still responsible and in control, putting the layer of risk back on the driver and not the company, unlike the situation with the Google car. Read more…