Today, URL Pharma was acquired by Takeda for nearly $800M.  The story here in brief is that for hundreds of years, colchicine was used for the treatment of gout and other conditions; it was an effective drug but had to be used carefully. URL invested in the formulation development and clinical studies required for colchicine, and ultimately received FDA approval in 2009. 

The Obama administration is suing to block the merger of AT&T and T-Mobile USA. Lawyers at the Department of Justice argue that the marriage of the second and fourth largest wireless carriers will reduce competition. It is clear from the complaint filed by the government that the lawyers at DOJ do not fully understand the present state of wireless competition.

In a complaint filed yesterday in U.S. District Court, Turkcell Iletisim Hizmetleri, aka Turkcell, the Turkish mobile media giant, alleges that MTN Group Ltd, Africa’s largest mobile operator, bribed Iranians, sold South African votes at the IAEA and UN, and otherwise prostituted South African foreign policy to oust Turkcell from its contract in Iran and gain the lucrative market for itself.

The wireless ecosystem is intensely competitive and will remain so even if policymakers sit on their hands.

Join AEI experts for a live discussion of President Obama's 2012 State of the Union address.

Ignoring Deutsche Telekom’s needs, the DOJ and FCC blocked the proposed merger between AT&T and T-Mobile. As a result, an uncompetitive firm is now trapped in a market it wanted to leave.

English is not our only language, but it should remain our primary language and become our official tongue.

Foreign and defense policy expert Gary Schmitt provides real-time reaction to the AEI/CNN/Heritage GOP foreign policy debate. What do you want to hear from the candidates? What foreign policy issues matter to you? Join the conversation!