Science Trust backs changes to bill addressing its future
August 1, 2017
The Puerto Rico Science and Technology and Research Trust on Monday expressed its support of the amendments agreed to related to House Bill 1122, saying they include the input of the entity’s trustees and support its mission.
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Energy experts present plan for PR to Judge, OBoard
July 31, 2017
A group of professors and researchers of electric power systems presented their “collective and personal vision of a sustainable energy future for Puerto Rico” to Judge Laura Taylor-Swain, who is overseeing the island’s debt restructuring, and the Financial Oversight and Management Board for Puerto Rico.
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Coalition: ‘Critical’ for gov’t stats to remain independent
July 31, 2017
The Puerto Rico Private Sector Coalition stepped up in defense of the Puerto Rico Institute of Statistics over the weekend, claiming that it is “critical to have a body that ensures the independence and transparency of metrics and government statistics to provide complete, reliable, fast and universal data.”
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Abarca Health, Biogen ally on multiple sclerosis coverage
July 28, 2017
Abarca Health, a pharmacy benefit management and technology company that serves more than 2 million people across the U.S., has signed a value-based reimbursement contract with Biogen Inc. for select products in its multiple sclerosis portfolio.
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Study: Independent digital media under attack in LatAm
July 25, 2017
SembraMedia, a nonprofit that supports entrepreneurial journalists, in partnership with Omidyar Network published “Inflection Point,” the most comprehensive study to date on the growth, impact, and threats to independent digital media in Latin America.
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Foundation for PR to develop 1st visitor economy profile
July 24, 2017
The Foundation for Puerto Rico and Estudios Técnicos will work together to develop the first economic model of the island’s visitor economy, which is expected to be ready by September.
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Medicinal cannabis forum MedCann.Biz slated for Oct.
July 21, 2017
Renowned international experts on the subject of medicinal cannabis will come together for the third edition of Puerto Rico MedCann.Biz, which will take place on Oct. 5-6 at the Sheraton Hotel Convention Center in San Juan, organizers announced Thursday.
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PREPA insurers ask court for independent receiver
July 19, 2017
A group of companies insuring the Puerto Rico Electric Power Authority’s debt filed a motion in the U.S. District Court for the District of Puerto Rico Tuesday, asking for the appointment of an independent receiver to pursue increased rates and to oversee certain operations of the public corporation.
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Startups Lunchera, Transparent win at P18 Demo Day
July 17, 2017
Thirty companies from Puerto Rico, the U.S. mainland, Latin America and Europe presented their ventures to a group of international investors at Parallel 18’s Third Generation Demo Day in the Emilio S. Belaval Theater at Sacred Heart University in Santurce.
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Moody’s: PREPA’s Ca rating reflects ‘uncertain recovery’
July 13, 2017
Moody’s Investors Service's July 6 downgrade of the Puerto Rico Electric Power Authority’s credit rating to from Caa3 to Ca reflects “the increased uncertainty that now exists regarding the outcome and the timing of a future debt restructuring plan for PREPA, which in the end will lower bondholder recoveries.
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Partnership brings free medication discount card to PR
July 12, 2017
The Puerto Rico Municipal Legislators Association and America's Drug Card have partnered to distribute the first 50,000 cards that offer significant discounts on drug payments throughout the island, and will be available for immediate use.
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Mennonite Health buys Episcopal San Lucas Hospital
July 11, 2017
Following a period of much analysis and evaluation, the Mennonite Health System reached an agreement with the Episcopal San Lucas Health System to purchase the assets and operation of the Episcopal San Lucas Hospital in Guayama, effective Aug. 31.
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Parallel18’s 4th generation of startups arrives in August
July 7, 2017
International startup accelerator Parallel18 (P18), based in Santurce, announced the selection of 36 startups representing 13 countries for its fourth generation of mentoring program.
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Science Trust has aided 100 researchers, awarded $6M
July 6, 2017
Since 2015, the Puerto Rico Science, Technology and Research Trust has assisted more than 100 local researchers with its Research Grants Program, which has awarded close to $6 million in grants for projects in science and technology, institution officials said Wednesday.
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EPA solves dispute with Fajardo’s Marina Puerto del Rey
July 5, 2017
The U.S. Environmental Protection Agency has reached an agreement with Marina PDR Operations, LLC, resolving its alleged failure to apply for and obtain coverage under the 2008 National Pollutant Discharge Elimination System (NPDES) Multi-Sector General Permit for its discharges of stormwater runoff from the Marina Puerto Del Rey into the Caribbean Sea.
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