On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States. 

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. 

Washington is already in mini-crisis mode over North Korea’s planned launch of a “satellite” (actually, an intercontinental ballistic missile)...Now comes word from South Korea that Pyongyang may also be planning another nuclear test.

In the past couple of weeks, people who care about American politics and about Congress have lost two important figures: Harry McPherson and James Q. Wilson.

Ah, the power of engagement. New North Korean leader Kim Jong Eun has reportedly agreed to a wide-ranging deal with the Obama administration.

For months, former senator Rick Santorum has been talking about working-class woes and promoting a working-class-friendly economic agenda.

The Obama administration’s newly released strategic guidance for the Defense Department emphasizes the importance of defending U.S. interests in the Asia-Pacific. It’s ironic that elements of the strategy suggest the United States will welcome more risk on the Korean peninsula.

Jan. 21 is an auspicious day, for two reasons. It is the date of the South Carolina primary, and it is the second anniversary of the Supreme Court’s Citizens United decision.