Tuesday, May 20, 2014

Sunday, May 18, 2014

Friday, May 16, 2014

Big Pharm is Big $$$

* Fifteen cancer drugs introduced in the last five years cost more than $10,000 per month

* A cholesterol-lowering treatment for those with certain rare genetic disorders costs $311,000 per year

* A cystic fibrosis medicine costs $300,000 per year (development partially funded by charity)

* In 2012, Americans spent $263 billion on prescription drugs

* Generic drugs now make up 86% of all medicines used in the U.S.

*  The $19.3 billion lost to patent expirations in 2012 was offset by a $20 billion increase in prescription drug prices


Source - Bloomberg Businessweek

Wednesday, May 14, 2014

* Approximately a dozen states have laws that approve driver's licenses for illegal immigrants

* During the fiscal year of 2013, the U.S. reached an all-time high in deportations of illegal immigrants (368,644)

source - WSJ


Thursday, May 8, 2014

Panama:

* Has a 2.7% unemployment rate (2012)

* Has a 10.4% average GDP  (2006-2008)

* Has eased residency requirements for immigrants from more than 40 nations (including U.S.)

* Immigrants can start a business by opening a $5,000 local bank account

* 10% white

* 8% speak English as first language (although most speak English)

* 93% of Panamanians are Christian

* Crime is moderate, but becoming less frequent





http://en.wikipedia.org/wiki/Panama

Tuesday, May 6, 2014

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