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Biotech / Medical : Biotech Valuation
CRSP 57.75+1.5%2:58 PM EST
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From: Biomaven7/31/2006 5:57:00 PM
   of 52153
 
(OT)

Just a report on a neat invention I heard about in South Africa that's being implemented jointly by the South African government and a NGO in some outlying rural areas. The government agency digs a well, but there's no electricity to pump up the water. The NGO then installs a children's merry-go-round hooked to a water pump. Two spins of the merry-go-round by the kids pumps a liter of water into a holding tank. Finally the NGO comes around with seeds and educational materials about using the water to grow vegetable plots.

On a less happy note, I have a friend in Boston who works for a (different) NGO on AIDS prevention throughout Africa. They are being hampered by local US officals implementing the "abstinence" education requirements imposed by the US government. All materials they distribute have to be vetted by the local USAID bureaucracy; free condoms they distribute have to come with a warning that condoms don't prevent all sexually-transmitted diseases, and they can't use a highly effective Ugandan-made AIDS-education film in some countries because it has been deemed "too explicit" by the US. Finally they can't fund any AIDS-prevention programs involving prostitutes at all because that is viewed as "encouraging" prostitution.

Peter
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