Month: September 2018

The four questions to ask before choosing a financial advisor, according to Lido Advisors' Greg Kushner

As the senior managing director of a financial advisory firm, Lido Advisors’ Greg Kushner knows there’s no such thing as free financial advice. Smart investors ask questions, especially about how their advisor makes money. The Council of Economic Advisers under President Obama estimated Americans lose a whopping $17 billion a year as a result of overpaying on investment products that they buy based on conflicted advice.
Kushner says there are four questions to ask before choosing a financial advisor.
Read the full article: Four Of The Most Important Questions To Ask Before Choosing A Financial Advisor (Forbes)

USC Marshall releases "Buying Beauty for the Long Run"

Scientists from USC Marshall conducted a study to see what kind of effect a gadget’s color had on its long-term likability. And the results? In short, don’t be scared; skip the black and silver and go with the hue or shade that really speaks to you.
In their experiment, Eva C. Buechel and Claudia Townsend separated products into two categories: high-arousal devices (like those with intense colors or complex patterns) and low-arousal products designed with less stimulating colors like beige, black, or silver. From there, they performed a series of tests that involved asking participants to evaluate each product on things like predicted likability or irritation, and then again after participants had gotten a chance to actually use each product over varying periods of time.
Read the full article: Stop Waffling and Get That Brightly Colored Gadget—Science Suggests You’ll Like It More (Gizmodo)

CompoSecure manufactures one million dual interface premium cards

CompoSecure, L.L.C., a pioneer and global leader in the design and manufacturing of premium financial cards, today announced that it has produced more than one million dual interface (EMV chip & contactless) metal cards. Style and innovation have come together to make these “must have” cards in the discerning consumer’s wallet. The global adoption of contactless payment cards is demonstrated in a new study by A. T. Kearney, which also points to future growth for this technology, especially in the U.S.
“This milestone secures CompoSecure’s leadership position as the number one producer of premium payment cards,” said Jon Wilk, CEO of CompoSecure. “Integrating the contactless technology into these next generation metal cards is extremely challenging. Only CompoSecure has cracked the code on supporting financial institution clients in their large-scale program launches that include metal cards. The global push for contactless cards by all of the major payment brands made this more important than ever.”
Read the full release: CompoSecure Manufactures One Million Dual Interface Premium Cards (BusinessWire)

EpicGenetics and Massachusetts General Hospital to launch fibromyalgia clinical trial

The FM/a Test, a clinical diagnostic blood test which is performed by Los Angeles-based EpicGenetics, has been approved for use by the U.S. Food and Drug Administration (FDA). And now, EpicGenetics and Massachusetts General Hospital (MGH) are launching a Phase II clinical trial to test a tuberculosis vaccine, BCG, as a potential treatment for fibromyalgia.
The structure of the clinical trial is to enroll 300 patients who test positive for fibromyalgia with the FM/a Test. They will be split into two groups, one receiving the vaccine, the other receiving a placebo.
“Currently,” says Bruce Gillis, CEO of EpicGenetics, “the only objective way to get fibromyalgia confirmed is by having the test. We’re in the process of contacting the people who had the test and seeing if they want to participate. We’re encouraging other people who want to potentially volunteer to also get the test, so we can do this. The expectation is that if the results are as good as we hope, potentially in as little as six months, we will have further opportunity to expand the treatment to many, many more people as we collect the data. We don’t expect significant side effects and we expect fairly rapid responses to the BCG by the people who participate in the trial who receive it.”
Read the full article: EpicGenetics and Massachusetts General Hospital to Launch Fibromyalgia Clinical Trial (BioSpace)

CURE Pharmaceutical joins forces with Canopy Growth in exclusive partnership

CURE Pharmaceutical has signed a deal with Canopy Growth Corp (TSX:WEED, NYSE:CGC), where Canopy will have an exclusive license to CURE’s patented, multi-layer oral thin film technology for use with cannabis extracts and biosynthetic cannabinoids.
Jessica Rousset, COO for CURE Pharmaceutical, says the licence agreement allows CURE to accelerate and expand the impact of its technology by joining forces with Canopy, which has broad market access and resources to bring a product to market.
See coverage below:
CURE Pharmaceutical joins forces with Canopy Growth in exclusive partnership (Proactive Investors)
CURE Pharmaceutical Expands Distribution of  CUREfilm Technology With First Licensing Agreement (Drug Development and Delivery)
Canopy Growth Corp. Scores Huge Pharma Deal (Motley Fool)