|Tuesday, April 15, 2008 • Volume 4, Issue #285||Home||Research||Magazine||Contact Us|
|Top Stories||Complimentary Hispanic Business subscription|
Farecast -- a service desinged to advise travelers on the best time to purchase airline tickets -- has been sold in a deal that values the online travel search startup at more than $75 million, according to a source with knowledge of the situation. The buyer was not known, and Farecast Chief Executive Hugh Crean declined to comment late Sunday. But one natural choice would be Expedia.
The process to bring generic drugs to market is designed to be relatively quick (according to the FDA). To bring a new drug to market, manufacturers must prove in animal and human studies that the drug is both safe and effective. But to apply to sell a generic drug, manufacturers do not need to repeat those tests; they only need to show that the drug performs in the same manner as the drug it seeks to copy. It certainly sounds a easier, but reality tells a different story. Getting generic drugs to market can be exceedingly difficult.
The credit crunch is squeezing virtually every part of the consumer world, including one group that can ill afford a shortage of funds -- college students. As families are applying for college financial aid or are receiving financial aid packages from schools, they face a landscape of uncertainty and more effort to find funds to pay for their children's education. There is still money available to students . . . but you need to know how and where to look.
For more than two decades, the annual Hispanic Business 500 directory has served as a barometer of the U.S. Hispanic economy. A purchase of the 2007 directory provides the top 500 Hispanic-owned companies list in Excel format including: CEO names; company addresses and telephone numbers; e-mail addresses for 375 companies and Web addresses for 430 companies; and company revenue and employees numbers for 2005 and 2006.
Advertisers' efforts to reach Hispanic consumers are becoming more targeted, and language is a major factor. Advertisers spent more than $3.3 billion to market products to U.S. Hispanics in 2005, a 6.8 percent increase from 2004.
|From the current issue of Hispanic Business magazine...|
Today, due to advancements in women's rights and education, more Hispanic women than ever are rising to the top of the corporate, government, and academic hierarchy. Every April since 2003, Hispanic Business magazine has reported on the notable achievements being made by Hispanic women. Read the full text of this article for the reveal of this year's Woman of the Year and Elite 20.
Tenacious Trailblazer: Sandra Hernandez, Public Health Pioneer, is Hispanic Business Woman of the Year®
Dr. Sandra Hernandez is a relentless supporter of the poor and uninsured, even in the face of great opposition continues her fight for them -- and continues to win. She was the first Hispanic and first woman to serve as public health director for the city and county of San Francisco; now she's chief executive officer of the San Francisco Foundation -- where again is was the first woman and Hispanic in the post. The foundation, which distributes $60 million yearly, is dedicated to improving access and quality health care for the underserved.
As Kaiser Permanente's Vice-President of Public Affairs in Southern California, Diana Bonta is a strong advocate for health reform and improving access to health care. Prior to joining Kaiser in 2004, she spent nearly 35 years in the health care field, often leading the battle for better medical care for Hispanics and other underserved populations. Her remarkable career has earned her a selection as one of Hispanic Business magazine's Outstanding Women to Watch for 2008.
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