Eli Lilly will stop exporting non-essential medicines to Russia including Cialis, a treatment for erectile dysfunction, following Vladimir Putin’s invasion of Ukraine. The US drugmaker said on Tuesday it would continue to supply treatments for life-threatening diseases such as cancer and diabetes but that it would suspend all investments, promotional activities and new clinical trials…
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Ethereum’s co-founder Joseph Lubin has questioned the sustainability of rival projects, including the fast-growing Solana blockchain, as venture capital pours into a raft of new cryptocurrency networks. The Ethereum blockchain has become one of the world’s most widely used digital ledgers, but it is facing challenges from rivals such as Solana, which has set lower…
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Google plans to bring its Care Studio clinical software into Meditech’s electronic health records system, the companies said Tuesday at the Healthcare Information and Management Systems Society trade show in Orlando, Florida. Google Health and Westwood, Massachusetts-based EHR vendor Meditech will work together to embed Care Studio, an EHR search tool that’s separately been piloted…
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Intel announced plans on Tuesday to pour about €30bn into boosting chip manufacturing in Europe, marking the launch of an expensive, taxpayer-backed bid to vault the continent to the forefront of advanced chip making. The ambitious plan is designed to make the EU less dependent on Asian chipmakers, while supporting a new technology base in…
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GoTo, Indonesia’s biggest start-up, plans to raise up to $1.3bn in an initial public offering, as it looks to shrug off a global decline in technology stocks and lure investors who want to cash in on the country’s booming digital economy. The group, formed last year following an $18bn merger of superapp Gojek and ecommerce…
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I could have said Crypto is bad for traditional finance but – disclosure – I am a Bitcoin maximalist and own some. Bitcoin is part of a Web3 vision of an Internet that is not controlled by a few big centralised players such as Google, Facebook and Amazon ie the Web2 we use every day.…
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An Australian court has overturned a ruling on a case brought by an 87-year-old nun that made the environment minister personally liable for future damages to children caused by climate change. Legal experts warned that the ruling put climate litigation at risk after a federal court said the Australian government did not have a duty…
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Soumya Swaminathan’s “aha moment” came in February 2021. Covid-19 had been ravaging the world for 12 months and vaccines had only just begun a slow trickle into richer countries, but were nowhere to be seen in poorer ones. Swaminathan, the World Health Organization’s chief scientist, had been on a call with Tedros Adhanom Ghebreyesus, the…
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Shell’s board of directors bear personal responsibility for not preparing to cut emissions fast enough, an environmental shareholder group has claimed in the first significant attempt to hold individual executives legally accountable for alleged failures to tackle climate change. ClientEarth, a Shell shareholder, notified the energy major on Monday that it would commence legal proceedings…
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Staff shortages and workers’ mental health are top patient safety concerns that health system executives must tackle, according to ECRI’s annual Top Ten Patient Safety Concerns for 2022. The report usually focuses on clinical problems like diagnostic errors or cybersecurity attacks. While those issues still exist, the pandemic disrupted health system operations during the past…
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