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Pastimes : son of T/FIF

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To: scaram(o)uche who wrote (458)1/20/2000 8:06:00 AM
From: Jim Oravetz  Read Replies (1) of 673
 
10 Companies to Watch: Medem
The Doctor Is In
January 17, 2000
By Todd Woody

The Internet Economy has spawned a curious hybrid ? the for-profit subsidiary of the nonprofit institution. Created to feed from the Net's venture capital trough, these companies nonetheless are supposed to advance the public-interest mission of their parents by exploiting their well-known names.
And so the American Medical Association and six other nonprofit medical societies created Medem last October to compete against a host of Internet startups for the loyalty of the nation's physicians. When Medem.com launches next month, it will offer Web sites for doctors so they can communicate with patients. The company also will create a consumer health-information site.. snip?.

thestandard.com

Not exactly a biotech issue, but the AMA weight may carry this forward successfully.

Jim
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