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November 21, 2009
ChangeQuakes Of The Week
February 19, 2007TOP CHANGEQUAKES OF THE WEEK
** Aflac Will Let Shareholders Vote On Pay For Top Executives
** U.S. Bill Would Give FDA Path For Generic Biologics
** Xerox Chief Says Technology Will Challenge Google
TOP CHANGEQUAKES OF THE WEEK
Aflac Will Let Shareholders Vote On Pay For Top Executives
(CORPORATE CHANGEQUAKE) -- Responding to the uproar against soaring executive compensation, Aflac (AFL) announced that it will be the first major U.S. company to let shareholders vote on executive pay packages.
www.usatoday.com
U.S. Bill Would Give FDA Path For Generic Biologics
(REGULATORY CHANGEQUAKE) -- The FDA would have a legal path to approve cheaper, generic copies of biotech medicines under legislation unveiled by U.S. lawmakers.
Biologic drugs are made from living cells -- not synthesized from chemicals like conventional prescription drugs -- and some biologics cost patients tens of thousands of dollars annually. Authors of the new bill said it would give the FDA clear authority to approve generic biologics after patents expire, without requiring makers to repeat the clinical trials done by brand-name companies.
today.reuters.com
Xerox Chief Says Technology Will Challenge Google
(TECHNOLOGICAL CHANGEQUAKE) -- Xerox Chairman and CEO Anne Mulcahy said she sees potential for her company in leveraging decades of research by its Palo Alto Research Center (PARC) subsidiary, and its R&D in natural language search is poised to eventually take on Google.
www.informationweek.com
