Innovation

British startup Healx has secured FDA approval for a phase 2a clinical trial of an AI-discovered compound that could help manage the symptoms of the genetic disorder Fragile X syndrome. Cambridge, England-based startup Healx will begin a year-long trial with around 70 patients to test if HLX-0201, a drug compound that was originally developed as an anti-inflammatory treatment, can be repurposed to help manage symptoms caused by a genetic disorder that affects around 1 in 4,000 boys. The start of the trial marks another milestone in the use of artificial intelligence to help find new applications for existing drugs by mining patient records and research databases. This promises to accelerate the years-long process, and $1.3 billion average cost, of developing and securing approval for new drugs. It could also mean new treatments for patients with rare conditions that have been overlooked by the pharmaceutical industry if AI can find multiple uses for existing medications. …

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Editor's note: Aller Plasma launched a new line of sterilizers that's specifically made for establishments with vital indoor operations. Below is their press release. In the blink of an eye, the 'ber' months are here and so much has changed: how we shop in malls, how we eat at our favorite restaurants, and how we work in the office. In addition, our idea of what a safe environment is — in the new normal —has changed drastically. Workplaces, cafes, stores, and other spaces have taken measures to prioritize safety. While the healthcare sector works day and night to protect and save our bodies, businesses are starting to re-open to save the economy and help people financially. Make your business safe for customers and employees Protecting our health is first in everyone’s thoughts, which is why it is important to keep spaces clean and safe for customers and employees alike. Businesses that are open — such as banks and supermarkets — continue to follow standard …

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Blyth offshore windfarm. - A + A KUALA LUMPUR (Oct 20): Tenaga Nasional Bhd (TNB) has acquired a 49% stake in Blyth Offshore Demonstrator Ltd (BODL), an offshore wind farm company in the UK, from EDF Renewables (EDFR), a subsidiary of French utility company Électricité de France (EDF). In a statement on Wednesday (Oct 20), the national power company said the acquisition was done via its wholly-owned subsidiary Vantage RE Ltd and marked TNB’s maiden entry into the international offshore wind market as BODL currently owns offshore wind assets off the coast of Blyth, Northumberland, England. “The assets include five turbines with a total installed capacity of 41.5MW (Blyth 1) and further development rights for a floating offshore wind project of up to 58.4MW (Blyth 2) located off the Northumberland coast. “The wind farm has been in operation since 2017 under the Renewable Obligation Certificates (ROC) subsidy regime that is expected to provide stable revenues. …

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advertisement advertisement advertisement advertisement The lion’s mane mushroom is one of countless miracles in nature. Its thousands of tendrils bloom from rotted wood, creating a pillow made of thousands of tiny icicle structures. The mushroom is a good source of fiber and protein, and consuming it may even help stave off dementia . It’s also delicious, forming a crisp, brown crust when baked, crowning my large bowl of homemade ramen with its chewy texture. advertisement advertisement But this lion’s mane I’m chewing on wasn’t grown at a farm. It was grown in my basement on an old card table, with an assist from Mella. Mella is an automated mushroom-growing box, developed by GE Appliance’s FirstBuild lab. Think of it as a Keurig for mushrooms—but slower, more expensive, and less practical for all sorts of reasons I’ll get into. Mella goes on sale today for $350 on Indiegogo . And while I can’t say I’d recommend it …

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BEIJING (China Daily/Asia News Network): Chinese companies are speeding up their digital transformation and deploying innovative technologies including cloud computing, artificial intelligence and big data to improve operational efficiency and reduce costs, according to market research company International Data Corp. "The next five years will be a golden period for pushing forward digitalisation, and the governments around the world have attached great significance to digitalisation," said Kitty Fok, managing director of IDC China, adding rapid development of the digital economy will bolster the advancement of digitalisation. Fok made the remarks during the 2021 IDC Digital Transformation Summit on Friday (Oct 15). She said 65 per cent of global gross domestic product is projected to be digitised by 2022, and direct investment in digital transformation worldwide will surpass $6.8 trillion from 2020 to 2023. More efforts must be made to enhance enterprises' organisational …

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Identifying companies to invest in that are benefiting from broad secular shifts is a smart strategy. Whether it's e-commerce, streaming entertainment, or cloud computing, investors have numerous trends to dig into when finding quality businesses to buy. As a top fintech company that is pushing forward digital payments and the concept of a cashless society, Square 's ( NYSE:SQ ) stock has skyrocketed more than 2,000% over the past five years. If you haven't bought shares yet, don't worry. Here are three reasons this growth stock is still a big winner. Image source: Getty Images. 1. User value proposition In my opinion, what makes a business truly exceptional depends on how much its products and services improve the lives of its user base. For Square, its value is strikingly clear. The company was founded on providing simple and elegant tools for small businesses to accept payments. Today, this has evolved into a full range of 30 …

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If you invested $5,000 in a low-fee broad-market index fund today and waited 20 years, based on the average annual return of Wall Street, that investment would have grown in value to more than $23,000. That's a pretty nice gain, but if you're committed to a long-term growth strategy, there are ways you can do even better. One method is to identify smaller companies that are innovators in promising growth industries, but that haven't yet reached their potential. For example, people who bought Adobe ( NASDAQ:ADBE ) 20 years ago when it was a small player in a fast-growing industry and held on have multiplied their investments by nearly 50 times. These three growth stocks are compelling opportunities today that could turn into giants two decades from now, making them strong candidates for your retirement portfolio. 1. Alteryx Alteryx ( NYSE:AYX ) creates data science and machine learning products for businesses across numerous industries. With the help of its …

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Datadog ( NASDAQ:DDOG ) reports its earnings on Nov. 4, in an announcement that should include head-turning growth metrics. In this video from "The Five" from Motley Fool Live , recorded on Oct. 12 , Fool contributors Brian Withers and Demitri Kalogeropoulos discuss the main factors to watch in the cloud-services giant's upcoming report. Brian Withers: For me, it's just Datadog and for no reason other than they're just a player that is really riding the tailwinds of cloud. As more and more companies go to the cloud and have maybe some other business and on-premise and getting other cloud things from potentially multiple cloud providers, Datadog is a great company to provide you insights into all of those information technology operations across your enterprise. It just gets to a point where companies, I think, need Datadog just to keep tabs on the complexity of companies' information technology infrastructure is just getting more and more with more different …

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- A + A KUALA LUMPUR (Oct 20): The Government has taken early steps towards strengthening the development, validation and commercialisation of local electric vehicle (EV) technology development through the NanoMalaysia Energy Storage Technology Initiative (NESTI) Programme. Science, Technology and Innovation Minister Datuk Seri Dr Adham Baba, in a statement on Wednesday, said this can drive economic growth and job creation in line with aspirations to make Malaysia a high-tech and high-income nation by 2030. "This programme emphasises the development and commercialisation of energy storage systems for electric mobility use including batteries, ultra-capacitors, hydrogen storage and reactors, energy management systems, and battery recycling," he said, adding that the programme presented in the 12th Malaysia Plan (12MP) would be launched soon. Dr Adham said to strengthen EV technology, the Ministry used a 'whole of nation' approach to enhance acceptance of the …

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advertisement advertisement advertisement advertisement The tragedy of the American Dream is that it made the most sense when it was least understood. In the decades following World War II, the United States experienced a housing boom with few parallels in history. The homeownership rate increased from 43.6% in 1940 to 61.9% in 1960—only about 3% below where it sat in 2020. advertisement advertisement Most of the growth happened on the crabgrass frontier, as the share of the housing stock located in suburbs soared from 19% in 1940 to 44% by 1990. In the course of the suburban boom, homeownership became a part of the political religion of the United States and the undisputed setting of the American Dream. Owning a home with a garage on a leafy street, the Dream plan said, taught self-reliance, created happy families, and bred responsible citizens with a stake in their communities. The dream came with more than the usual …

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