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Pharma is getting away with lots of patent ‘evergreening’ in India

first_img Tags legalpharmaceuticalsSTAT+ Pharma is getting away with lots of patent ‘evergreening’ in India Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. What’s included? Ed Silverman About the Author Reprints STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED After a controversial court case five years ago in India, drug makers were put on notice that additional patents on medicines would have to demonstrate a degree of innovation. But a new analysis finds the vast majority of so-called secondary patents were granted for only marginal improvements, raising questions about the extent to which companies are adding value to their drugs.Specifically, 72 percent of granted patents were found to offer little improvement and the findings suggest the Indian Patent Office is failing to guard against evergreening, a strategy for extending the market exclusivity of a prescription drug in order to delay the entry of generic versions, according to the analysis by Accessibsa: Innovation & Access to Medicines in India, Brazil & South Africa.center_img JENS BUTTNER/AFP/Getty Images GET STARTED Log In | Learn More Pharmalot What is it? [email protected] By Ed Silverman Oct. 23, 2018 Reprints @Pharmalot last_img read more

As tech giants compete for contracts, hospitals shift their data to the cloud

first_img Log In | Learn More As tech giants compete for contracts, hospitals shift their data to the cloud [email protected] Mike Reddy for STAT National Technology Correspondent Casey covers the use of artificial intelligence in medicine and its underlying questions of safety, fairness, and privacy. He is the co-author of the newsletter STAT Health Tech. Hospitals After years of baby steps, hospitals nationwide are moving increasing amounts of health data into the cloud to guard against malware attacks and seize opportunities to use artificial intelligence to analyze data on patients, operations, and finances.Health care’s shift to centralized data storage on the internet — and away from on-premises server warehouses — seems as dull as the laying of new water pipes in hospital basements. But these pipes are carrying vast amounts of sensitive data as well as the ambitions of dominant vendors such as Google Cloud, Amazon Web Services, and Microsoft Azure — all of which are swiftly ramping up their offerings to win hospital contracts. By Casey Ross March 12, 2019 Reprints What is it? GET STARTEDcenter_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. About the Author Reprints Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Casey Ross STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. What’s included? @caseymross Tags Artificial IntelligenceHealth IThospitalsSTAT+last_img read more

My Job and I: Meet the Laois Performance Nutrionist who has worked in Thailand, the NFL and is now with the IRFU

first_imgHome We Are Laois My Job and I My Job and I: Meet the Laois Performance Nutrionist who has worked… We Are LaoisMy Job and I My Job and I: Meet the Laois Performance Nutrionist who has worked in Thailand, the NFL and is now with the IRFU Twitter Council Twitter Previous articleTop Tweets and Facebook Comments of the weekNext articleLIVE BLOG: Follow the action as the Laois footballers take on Limerick Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Permission granted for housing development in Abbeyleix while further homes planned in Portarlington Pinterest Pinterest Laois County Council create ‘bigger and better’ disability parking spaces to replace ones occupied for outdoor dining TAGSIRFUMarcus Shortall WhatsApp Council WhatsApp By Siun Lennon – 27th January 2018 Facebook Laois man Marcus Shortall has had a remarkable career in Performance Nutrition that looks set to continue and grow.Shortall, who went to Stradbally and Knockbeg and plays football with Annanough, has already completed placements with soccer teams in Thaliand, worked with American college football players hoping to make it into the NFL and was part of the Connacht set up when they won the Pro 12.Marcus has also completed a three-year term in Laois footballers, who he says had the same commitment levels as full-time professional athletes he has worked with.Marcus now works as a Performance Nutritionist with the Women’s and Men’s 7s teams in the IRFU.When did you know that you wanted to be a nutritionist?I think it was third year in University when it became a real focus for me. Sport Science didn’t have the profile back then that it does now and the pathways to becoming a Performance Nutritionist weren’t very well known.I was hugely interested in all things sport (despite not being very good at any of them), and I was particularly drawn to Nutrition as well as Strength & Conditioning as I had started getting into going to the gym myself at the time.I then searched through all the big teams and organisations and looked at the profiles of their Nutritionists and Strength coaches and mapped out a route for myself based off their paths to the respective roles. One of the people I identified was Ruth Wood-Martin who is now my nutrition manager in the IRFU.What route did you take to becoming a nutritionist? I did my Undergraduate studies in Science in TCD. I then did a Masters in Human Nutrition at University of Ulster, Coleraine and another Masters in Sports and Exercise Nutrition at Loughborough University in the UK.I was on a Sport Science internship with a professional soccer team in Thailand and a Performance Nutrition Internship at EXOS in Arizona.The internships in the Thailand was great as I got to see a lot of South East Asia while picking up some valuable experience along the way.EXOS are a company that specialise in preparing elite athletes. I interned there in the Spring of 2011 during their NFL combine preparation period. The most promising college prospects came to train at EXOS prior to taking part in the NFL combine.During that time I learned first-hand how nutrition programs for elite athletes were put together. Some of the athletes that were there in 2011 have gone on to become huge NFL stars. I learned quickly that most were just normal people but who were probably the top 0.1% from an athletic point of view.In 2011 I also started helping out with the Laois Footballers when Justin McNulty was the manager and stayed for another 2 seasons. I worked closely with Barry Solan (now at Arsenal and Mayo GAA) and the rest of the backroom team and coaches to help prepare the players for training and matches.I can say for sure that the commitment shown by a lot of the Laois players is comparable to what I would see in a full time professional athlete on a daily basis.By 2014, I had been lecturing on the Sport Science and Health course in IT Tallaght for two years and had moved from Laois to take up a part-time Performance Nutrition role with Connacht Rugby.I was living in Dublin at the time and part of the routine was getting up at 4.30am every Monday morning to be in Galway for work at 7.00am. I’ll never forget those long drives on the M4.I was part of the team when Connacht won the Pro-12 and at the end of that season I moved to the IRFU to become Performance Nutritionist with the 7s programs.Where are you working now? What does your work with the IRFU involve?The role with the IRFU is full-time and I am based in Lansdowne Road, which is where the teams are based. The work is quite varied but a large aspect is working closely with players individually to educate them on how to fuel properly for the different training sessions and to reach desired body compositions.The 7s teams play all over the world so another part of the job is packing foods and sports products that the players use during tournaments. I think I’m pretty close to this packing mastery at this stage!Have you ever been slightly star stuck by anyone you’ve ever worked with?Not really. You find out pretty quickly that all teams are made up of normal everyday people. The people and personalities are similar no matter what level they play at.What does the usual work day for you involve?Most days start off with a meeting to go through what the training schedule is on that day/week. Each player will have an individual plan based on whether they are injured/training normally/doing extras which will mean I may need to meet the player and advise on how they can adjust their food accordingly to account for increased/decreased training.The team’s logistics manager and I will sort out hotel menus or pack bags for upcoming trips. I may also be in contact with other nutritionists in the provinces where there is crossover with players involved in the 7s. The nutritionist in Connacht, Laura Mahony, is from Laois too!What work do you usually do with athletes?You try to be as systematic as possible. I’ll assess the player’s body composition regularly using skinfold measurement or DEXA scan.The head coach, Strength and Conditioning coach and myself will set out goals for that athlete and then I will put together a nutrition plan for the player. The detail of the plan will depend on how much exposure the player has had to nutrition input in the past.In meeting with the player, we will agree on a time frame for the goal to be achieved by and then we’ll plan a time to review progress. This process repeats itself until goals are achieved.What would be your top two nutrition tips for young athletes?Buy a cookbook, if you can follow a recipe then you can cook.Plan to pack your gear bag with snacks that you can have before and after training e.g. fruit, rice cakes, cereal bars, milk, yogurt, sandwiches/wraps; this will help your performance and recovery but also get you into the habit of being organised. I see it all the time at every level that the more organised players perform more consistently.What do you find are the biggest misconceptions about nutrition?I think one of the biggest misconceptions about sports nutrition is that it is a ‘black box’ where players are given these crazy diets to help them do these amazing things.In teams/programs where nutrition is well established, the players benefit from a consistent approach based on scientific evidence and also from being very committed to their individual goals.In more general terms, I hear the term ‘everything in moderation’ on a regular basis. This would be true if people were good moderators, most are not. Qualified nutritionists or Dietitians can help people with a nutrition plan and support them while they are implementing those changes.What’s the strangest thing to have happened to you on your travels?I went on one of the team building retreats when I was in Thailand with the soccer team.This was more of a Junior C than a professional team retreat in terms of the beverages chosen so you can probably imagine what was going on.Part of the weekend involved groups of players putting together little skits to be performed in front of team, management and owners. I wasn’t to be left out and was given some lines in Thai to perform (without a translation). The head coach wasn’t impressed with those few lines, hilarity ensued but I never found out what those lines translated as.SEE ALSO – Life lessons from ploughing chief – Anna May McHugh RELATED ARTICLESMORE FROM AUTHOR Laois County Council team up with top chef for online demonstration on tips for reducing food waste Community Facebooklast_img read more

Laois farmers encouraged to apply for Sheep Welfare Scheme

first_imgHome News Farming Laois farmers encouraged to apply for Sheep Welfare Scheme NewsFarming Laois farmers encouraged to apply for Sheep Welfare Scheme By Simon Hartnett – 23rd January 2021 Electric Picnic organisers release statement following confirmation of new festival date Facebook Electric Picnic Twitter WhatsApp Pinterest Electric Picnic apply to Laois County Council for new date for this year’s festival Previous articleCoronavirus: 77 more deaths and 1,910 new cases – 17 of them in Laois as schools expected to remain closed until St Patrick’s DayNext articleDeaths in Laois – Sunday, January 24, 2021 Simon Hartnett Twittercenter_img WhatsApp Electric Picnic Electric Picnic RELATED ARTICLESMORE FROM AUTHOR Pinterest TAGSPippa Hackettsheep For the purposes of the scheme, a new entrant to sheep farming is defined as an applicant who has applied for a new herd number in the period January 1 to the December 31 in the year preceding the scheme year, or an applicant with an existing herd number who has not held or traded in sheep for a two year period up to October 31 preceding the scheme year.Meanwhile, Minister Hackett has also urged participation in the farm safety project.Minister Hackett said: “Safety, health and wellbeing on farms is vital to their sustainability.“I would encourage anyone with an interest or expertise in this area to consider submitting a project idea to this European Innovation Partnership project.“We have 23 such EIP-Agri schemes operating across the country, which yield important learnings for our farming community.”The closing date for the receipt of stage 1 applications under the Farm Health, Safety and Wellbeing EIP is the January 29 2021.SEE ALSO – Laois Gardai: Attempted burglary in Timahoe and dog theft in Abbeyleix as weekend patrols begin Sheep kills can be devastating and dog owners have been warned to keep their pets under control this lambing season. The government have announced that the fifth year of the Sheep Welfare Scheme will commence at the start of next month.Existing participants of the scheme will be automatically enrolled in Year 5 and do not need to apply for it. While applications from new sheep farmers can also be accepted.The Sheep Welfare Scheme provides financial support to farmers for taking extra steps to improve the welfare of their flock.Farmers get €10 per breeding ewe for completing flock welfare measures.Green Party Minister Pippa Hackett, who is a farmer from Geashill in Offaly, said: “Any supports that help our farmers maintain a healthy flock are important, and I welcome the extension of the Sheep Welfare Scheme.“Supports like these are vital to the sustainability of many small farms.”All eligible new entrants to the sheep sector who wish to apply to participate in the scheme should return their forms by February 1.Application forms are available by contacting the Sheep Welfare Scheme section of the Department by email at [email protected] or by phone on 076/1064420. Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival last_img read more

Disabled persons organisations call for reversal of ‘disablist national planning policy’

first_img Facebook Disabled persons organisations call for reversal of ‘disablist national planning policy’ Twitter RELATED ARTICLESMORE FROM AUTHOR Pinterest WhatsApp Remember the Game Voice of Vision Impairment (VVI) and the newly formed Physical Impairment Ireland (PII) have criticised what they say is ‘the crude implementation of the Covid-19 recovery or outdoor Summer strategy proposed by Government recently’.The pedestrianisation of designated urban centres and the provision of outdoor seating for restaurants and/or public houses are ‘spectacularly disablist’ if implemented, they say.PII’s secretary Leo Kavanagh, a native of Raheen in Laois, outlined how the policy of pedestrianisation and outdoor seating are ‘problematic’ for impaired people.He said: “VVI and PII concur that pedestrianisation is problematic for many physically and sensory impaired persons.“Pedestrianised urban centres become inaccessible, disabilist and virtual exclusion zones whereby the access needs of many physically and visually impaired persons are at best overlooked, or, at worst, ignored.“That physically and sensory impaired persons may need to be dropped off close to services, unhindered and without obstruction by public or private transport should not require stating for a society that purports to be both enlightened and inclusive.“Unregulated outdoor seating, they assert, make advanced route-planning difficult for visually impaired pedestrians as footpaths become ever-shifting, ‘new terrain’ and thereby unnecessarily hazardous.“Navigating a pathway through and around people traversing the footway with hot food and beverages is emblematic of the obstacles that present themselves under this proposal.“The scheme allows for the frontages of food and drink establishments to extend into the public realm making these areas inaccessible for blind pedestrians.“As a consequence many physically and sensory impaired persons will be forced to stay in their homes as the erstwhile shared public zones become inaccessible, unnavigable and exclusionary.”Mr Kavanagh says that both groups are appealing for these decisions to be revisited.He said: “Both organisations claim that Covid-19 has been malappropriated as an excuse to introduce drastic changes which planners have long wanted to enact, previously denied them by our relatively democratic planning process.“Both, PII and VVI, are appealing to the consciences of planners and decision-makers to do what is right rather than following ‘evidence free’ promises of windfalls to the hospitality sector in presenting images of ‘idyllic, continental style, alfresco’ urban centres.“The price of this vision is a less inclusive, restrictive urban landscape that seeks to exclude an already marginalized segment of Irish citizenry.”SEE ALSO – Parents of tragic young Laois man who died by suicide urge support for SOSAD Laois Online Variety Show Facebook Twitter TAGSLeo KavanaghPhysical Impairment Ireland Laois man embarking on novel fundraiser in memory of beloved dad and brother Previous article‘We more or less have a full hotel … we want to get back to what we love’Next articleThe Midweek Podcast: Ground broken on new Ballinakill playground and Crime Prevention advice from Sergeant Graham Kavanagh LaoisToday Reporter Pinterest WhatsApp Remember the Game: Legendary Laois hurler inspires Rathdowney-Erill to Division 5 success in 2006 By LaoisToday Reporter – 2nd June 2021 GAA Community Breaking Ball: Talking points after league campaigns that gave us little to shout about Home News Community Disabled persons organisations call for reversal of ‘disablist national planning policy’ NewsCommunitylast_img read more

Five things to watch for in the Canadian business world this week

first_img S&P/TSX composite hits highest close since March on strength of financials sector Facebook LinkedIn Twitter The Prospectors and Developers Association of Canada holds its annual convention in Toronto fromSundayuntilWednesday. The get-together is the biggest gathering in the world for the mining industry, which is on the rebound from a slump in commodities prices. > Trade up Trade figures have become more important as of late and Statistics Canada will report on the January trade data onTuesday. In December, the country posted back-to-back monthly trade surpluses for the first time since September 2014. Will that continue? > Economic outlook The Organization for Economic Co-operation and Development releases its interim outlook for the global economy onTuesday. In November, the OECD forecasted global growth of 3.3% and Canadian growth of 2.1%. > Politics and power Prime Minister Justin Trudeau will headThursdayto Houston, where he will deliver a keynote speech at an international gathering of leaders from the energy sector. Oil prices, the Keystone XL pipeline and energy security are just a few of the topics likely to generate discussion at CERAWeek by IHS Markit. > Get a job Another widely watched barometer of the economy comes outFridaywhen Statistics Canada releases the job figures for February. The labour market has been pumping up recently. In January, 48,300 new net jobs were added. Share this article and your comments with peers on social media Related news Five things to watch this week in Canadian business: > Mining for money center_img TSX gets lift from financials, U.S. markets rise to highest since March Keywords Marketwatch Canadian Press Toronto stock market dips on weakness in the energy and financials sectorslast_img read more

Fact Sheet on Schools Rehabilitation in Beirut, 11 November 2020

first_imgFact Sheet on Schools Rehabilitation in Beirut, 11 November 2020 Beirut Blast Impact – UpdatesPublic SchoolsThe overall number of public schools affected by the blasts is 94 schools. The funding requirements for rehabilitation of public schools will be revised upon the completion of the rapid needs assessment of these four schools.With support from the Spanish government, a prefabricated school has been set up to host the students of Gibran Tueini I and II public secondary schools, which have been damaged from the blasts.Private SchoolsThe Rapid Assessment of Private Schools, which is based on school assessment reports submitted to MEHE and UNESCO, indicates that 114 schools in Beirut and neighboring areas were affected by the blasts. The updated total rehabilitation cost of these schools is USD 13,492,821. Many of these schools have already started or completed rehabilitation works on their own, while others are being supported by education partners.The UN-Habitat Technical Assessment of Private Schools is finalized. The assessment report is in the final stages of editing and will be shared soon.Public TVET Schools and InstitutesThe Technical Assessment of TVET Facilities has been finalized and is being reviewed by MEHE. Read the Factsheet ( 206.6 KB) Download /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Beirut, Download, education, Government, Impact, school, secondary school, spanish, students, U.S., Unescolast_img read more

Council prepares for potential future economic stimulus funding

first_imgCouncil prepares for potential future economic stimulus funding In a proactive move, Campaspe Shire Council will make preparations to apply for potential future state government economic stimulus funding to deliver Aquatic Reserve and Onion Patch redevelopment works in Echuca.Campaspe Mayor Cr Chrissy Weller said a future grant application would seek funding for works to improve safety, accessibility, usage and water quality at the reserve, as well as providing toilet and kitchenette facilities at the Echuca Wharf.“As a popular events and community gathering space, Council is keen to pursue potential future funding opportunities that may bring Aquatic Reserve and Onion Patch redevelopment works to fruition as soon as possible for the benefit of all,” Cr Weller said.“Works we will seek funding for include improvements to pathways and lighting, improved access to drinking water and power, drainage works, and provision of barbecue facilities, picnic tables and seating.“At the Echuca Wharf, works will include extending the Cargo Shed and converting two railway carriages, one for toilet facilities and the other for a kitchenette, again to support events and community gatherings.”Council will prepare a project budget not exceeding $4.5 million, allowing for a maximum Council contribution of $1.5 million, funded from unallocated reserves.Council will progress detailed designs for the works so that it is well placed should the Victorian Government announce another Economic Stimulus Grant Round in 2021. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Accessibility, Campaspe, Campaspe Shire Council, community, council, drinking water, Echuca, economic stimulus, future, Government, local council, project, quality, Safety, space, Victoria, Water, water qualitylast_img read more

HN Reliance Foundation Hospital collaborates with Dr Jatin P Shah of Memorial Sloan Kettering Cancer Center

first_img MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Read Article Dr Shah will be main Course Teacher for Continuous Medical Education (CME) on Thyroid CancerThe Onco Science team at HN Reliance Foundation Hospital announced its collaboration with New York-based Dr Jatin P. Shah of Memorial Sloan Kettering Cancer Center (MSKCC), aiming to bring the finest care to patients with mouth and throat cancers.“Medicine is changing. The evolution of medicine has moved from general hospital to speciality hospital to centres of excellence. Centre of Excellence focusses on one entity which they are doing best. HN Reliance Foundation Hospital’s two new clinics-Advanced Head and Neck Cancer Clinic and Thyroid and Endocrine Tumour Clinic are vivid examples of it,” said Dr Shah.Talking about Dr Shah joining HN Reliance Foundation Hospital’s global panel, Dr Vijay Haribhakti, Director-Oncology said “Dr Shah’s expertise and experience will greatly benefit patients. Dr Shah will be the main Course Teacher for a Continuous Medical Education (CME) on Thyroid Cancer, to be held at our convention centre on August 3 and 4. In his presence, we have launched two speciality clinics- Advanced Head and Neck Clinic and Thyroid and Endocrine Tumour Clinic.”Dr Haribhakti further added, “The advanced head and neck clinic will cater to a large number of patient needs, regardless of where they have received initial treatment which the thyroid and endocrine tumour clinic will cater to a highly specialised and important group of patients. HN Reliance Foundation Hospital collaborates with Dr Jatin P Shah of Memorial Sloan Kettering Cancer Center Advanced Head and Neck Cancer ClinicDr Jatin P ShahHN Reliance Foundation HospitalMemorial Sloan Kettering Cancer CenterThyroid and Endocrine Tumour Clinic WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Phoenix Business Consulting invests in telehealth platform Healpha News By EH News Bureau on August 2, 2019 Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Menopause to become the next game-changer in global femtech solutions industry by 2025 Related Posts The missing informal workers in India’s vaccine story Comments (0) Share Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Add Commentlast_img read more

FINSAC Enquiry subpoenas witnesses

first_imgRelatedFINSAC Enquiry subpoenas witnesses By BALFORD HENRY, JIS Reporter & Editor FINSAC Enquiry subpoenas witnesses Finance & Public ServiceMay 4, 2011 FacebookTwitterWhatsAppEmail KINGSTON — Two members of the financial community have been subpoenaed to appear before the FINSAC Commission of Enquiry this week. Former Jamaica Bankers Association (JBA) president and chairman of the defunct Horizon Group, Elon Beckford,  was examined Thursday (March 24) and has been subpoenaed to return today, to be cross examined by lawyers for the Jamaican Redevelopment Foundation (JRF) and the Financial Sector Adjustment Company (FINSAC). Current managing director of FINSAC, Errol Campbell, who also appeared earlier, has been subpoenaed to appear again on Thursday (May 5), after failing to provide some of the answers requested by the Commission in February 2010. FINSAC Commission secretary, Fernando Deperalto, did not say why it was necessary to subpoena both witnesses to return, but noted that with the subpoenas they are legally required to appear on the dates they are summoned. In the meantime, the New Kingston-based law firm, Samuda and Johnson, has been retained to represent FINSAC at the enquiry. This follows concerns raised by several parties about the absence of legal representation for the entity, which is at the centre of the issues being reviewed by the Commission. Attorneys Christopher Samuda and Brian Moodie were present Tuesday on behalf of FINSAC. Former FINSAC boss and current Managing Director of National Commercial Bank (NCB), Patrick Hylton, who led the government-owned company during the 1990s, is scheduled to appear on May 10 and 11. Chairman of the commission, chartered accountant Worrick Bogle, told JIS News that former Chairman of Century National Bank (CNB), Don Crawford, whose fall from financial grace is often referred to as the signal for the start of the meltdown, will appear “unless something happens”. He said that the Commission is in discussions with Mr. Crawford, and he is expected to appear via video conferencing from the United States, where he now resides, before the enquiry ends. “We are still in discussions with him, and we are trying to resolve the issues,” Mr. Bogle said. The chairman admitted that the Commission has been taking some time to complete its enquiry, but attributed it to problems with scheduling, mainly due to the unavailability of witnesses and lawyers. However, he hopes to complete the process in June. “I know it is a moving goal post, but a lot of times when we make up a schedule we find that lawyers and witnesses can’t make it on the dates they are supposed to. We hope to end in June, but it depends on whether or not we can’t get them to cooperate,” he said. The subpoenas are expected to speed up the process. Advertisements RelatedFINSAC Enquiry subpoenas witnesses RelatedFINSAC Enquiry subpoenas witnesseslast_img read more