Archive for December, 2009
Competitive Technologies Announces Sales Order From Els For Pain Management Devices
Competitive Technologies Announces Sales Order From ELS for Pain Management Devices
Fairfield CT January 12 2009 Competitive Technologies Inc. NYSE Alternext US: CTT announced today that it has received a sales order from Excel Life Sciences Inc. ELS for pain management therapy devices. The device is a noninvasive method for rapid treatment of highintensity oncologic and neuropathic pain including pain resistant to morphine and other drugs. ELS CTT’s countryexclusive distributor in India recognizing the benefits of the innovative device was the first announced healthcare services provider to sign a distribution agreement for the device. Subsequent distribution agreements granted countryexclusive distribution rights to GEOMC Co. Ltd. for Korea to AG Healthcare for Malaysia and to Biogene Pharma Limited for Bangladesh.
The order from ELS has an approximate retail value of up to 1 million. Shipment of the devices to ELS is scheduled to begin immediately.
ELS is a U.S.based Indiafocused provider of clinical research and healthcare services. They have a special focus on improving patient care in the markets in which they operate. ELS has a fullyowned Indian subsidiary with its main office in New Delhi and 21 operational locations serving a network of over 700 hospitals across India.
The CTT device has Medical Device CE certification from the European Union allowing sales of the device throughout Europe and several other countries including India. Approval of CTT’s pending FDA 510k medical device application will authorize U.S. sales of the device. The review and selection process for distributors in Europe Asia the U.S. and Latin America is continuing. CTT has exclusive worldwide rights to this patented device.
Dr. Vijai Kumar ELS’s President and Chief Medical Officer said “We have seen this device in action and have witnessed its pain relieving capabilities. ELS is starting formal clinical studies using this new pain management device at four leading healthcare facilities in India within the month. The protocol for these studies will follow U.S. FDA guidelines and treat a total of 160 patients divided into four specific neuropathies. We expect this new device to initiate a paradigm shift in the perception and treatment of pain in India. There are over four million people in the country suffering from severe cancer neuropathic pain and other forms of chronic disabling pain.”
Mohit Mehrotra ELS’s Founder and Chief Operating Officer commented “We are proud to work with CTT to bring this progressive medical technology to India. We are focusing considerable resources on this technology and our relationship with CTT. We will be launching the device at the All India Institute of Medical Sciences’ AIIMS International Conference of Indian Association of Palliative Care in February where we expect it to generate a high level of activity and interest among the participants. ELS is a sponsor of the New Delhibased conference the largest of its type. Our extensive knowledge about healthcare in India along with a large network of research hospitals and clinics helps us understand the needs and expectations of both patients and healthcare providers. We believe this device will revolutionize pain management for both constituents.”
“ELS is a key element in our strategy for building a strong distribution base across the Indian continent through Southeast Asia” said Aris D. Despo CTT’s Executive VP Business Development. “They are an effective and strategic partner for CTT in the important Indian market. India’s 1.75 billion medical device market supported by its growing middle and upper classes of over 150 million people represents a significant opportunity for sales of our innovative pain management technology.”
“We believe that revenue and profits from the pain management technology will dramatically exceed those produced by any other technology in our 40year history and reach approximately 200 million per year in distributor sales to hospitals and clinics as the device attains mature market levels” said John B. Nano CTT’s Chairman President and CEO. “We expect financial results generated by this medical device to have the potential to significantly increase CTT market capitalization. This medical device is a prime example of our strategy to connect clinical science to patient care improving healthcare for mankind.”
Developed in Italy by CTT’s client Prof. Giuseppe Marineo the technology was brought to CTT through the efforts of Prof. Giancarlo Elia Valori of the Italian business development group Sviluppo Lazio S.p.A. and assistance from the Zangani Investor Community. The technology with a biophysical rather than a biochemical approach uses a multiprocessor able to simultaneously treat multiple pain areas by applying surface electrodes to the skin. CTT partner GEOMC Co. Ltd. of Korea is manufacturing the device commercially for worldwide distribution. For more information on the device visit www.CalmareTT.com.
The device has been used on over 3000 patients in Europe including at the Pain Management Center at TorVergata University Medical Center in Rome http://www.ptvonline.it/uo_ter_ant_ing.asp. and at Fondazione Parco Biomedico San Raffaele in Rome www.scienceparkrome.eu.
About Excel Life Sciences Inc.
ELS is a U.S.based Indiafocused provider of comprehensive clinical research and healthcare services helping to advance science and improve patient care. ELS is a privately owned Delaware corporation with 21 operational locations across India and a network of approximately 1000 physicians serving over 700 hospitals. ELS has U.S. offices in Boston Chicago and Durham N.C. Its success is built around passionate and experienced individuals working alongside clients to accelerate clinical research and deliver new drugs and medical devices to the markets while maintaining the highest standards of quality. ELS is committed to improving and expanding the clinical research enterprise in India. Visit ELS’s website: www.ExcelLifeSciences.com
About Competitive Technologies
Competitive Technologies established in 1968 is a full service technology transfer and licensing provider focused on the technology needs of its customers and transforming those requirements into commercially viable solutions. CTT is a global leader in identifying developing and commercializing innovative technologies in life electronic nano and physical sciences developed by universities companies and inventors. CTT maximizes the value of intellectual assets for the benefit of its customers clients and shareholders. Visit CTT’s website: www.competitivetech.net
Statements made about our future expectations are forwardlooking statements and subject to risks and uncertainties as described in our most recent Annual Report on Form 10K for the year ended July 31 2008 filed with the SEC on October 28 2008 and other filings with the SEC and are subject to change at any time. Our actual results could differ materially from these forwardlooking statements. We undertake no obligation to update publicly any forwardlooking statement.
About the writer:nbsp;nbsp;Dan McDonald is Vice President of Business Strategy at Excel Life Sciences. With over 12 years of industry experience working with biopharmaceutical companies to assist them with their global clinical research strategies patient recruitment and site selection and helping sites connect with sponsors. Prior to joining ELS Dan served as Sr. Vice President of Strategic Development for D. Anderson Company a leading provider of global patient recruitment and retention services. The majority of Dans career in the industry was spent at Thomson CenterWatch where he worked for nearly 9 years and the last 3 as the General Manager* of that business. Dan also had organizational responsibility for Thomson NEIRB an independent institutional review board. Dan oversaw strategic planning and all daytoday operations of the CenterWatch business for Thomson Healthcare and also was in charge of Sales and Marketing for Thomson Clinical Trials Solutions. He also oversaw the development and publication of several articles and strategic planning reports focused on the rapid growth of clinical research in emerging markets primarily India Central Eastern Europe and China.
Mr. McDonald has conducted over 50 presentations at industry conferences and meetings and he has conducted workshops and sessions on patient recruitment emerging markets clinical research in India and more.
Indian And British Culture Comparison In Language Culture And Society
Indian and British Culture Comparison in Language Culture and Society
India is a country of diverse culture. It has 22 official languages and over a thousand spoken languages. This site is an effort to provide information on each known Indian Language.
Individual mother tongues in India number several hundred. According to Census of India of 2001 29 languages are spoken by more than a million native speakers 122 by more than 10000. Two languages have played an important role in the history of India: Persian and English.
Sanskrit and Tamil are the classical languages of India according to the Government.
Article 343 of the Indian Constitution recognizes Hindi in Devanagari script as the official language of central government India. The Constitution also allows for the continuation of use of the English language for official purposes. Article 345 provides constitutional recognition to “official languages” of the union to include any language adopted by a state legislature as the official language of that state. In effect there are “official languages” at the state and center level but no one “national language”.
Until the TwentyFirst Amendment of the Constitution in 1967 the country recognized 14 official regional languages. The Eighth Schedule and the SeventyFirst Amendment provided for the inclusion of Sindhi Konkani Manipuri and Nepali thereby increasing the number of official regional languages of India to 18.
The Constitution of India recognizes 22 languages spoken in different parts the country namely Assamese Bengali Bodo Dogri Gujarati Hindi Kannada Kashmiri Konkani Maithili Malayalam Meitei Marathi Nepali Oriya Punjabi Sanskrit Santhali Sindhi Tamil Telugu and Urdu.
Hindi is an official language of the states of Uttar Pradesh Bihar Jharkhand Uttaranchal Madhya Pradesh Rajasthan Chattisgarh Himachal Pradesh Haryana and the National Capital Territory of Delhi. Marathi is an official language of Maharashtra. Punjabi is a official language of Punjab. Gujarati is the official language of Gujarat. Tamil is a official language of Tamil Nadu Puducherry and Andaman and Nicobar Islands. Malayalam is the official language of Kerala and Lakshadweep. Kannada is the official language of Karnataka. Telugu is the official language of Andhra Pradesh. English is the coofficial language of the Indian Union. 1
Whereas in UK the widely recognized language is English and English is recognized as officially recognized language is English by the government. The other languages in UK are Welsh Irish Ulster Scots Cornish Gaelic and British Sign Language.
The details of Languages Society and Culture can be described as under:
Languages in India
The different states of India have different official languages some of them not recognized by the central government. Some states have more then one official language. Bihar in east India has three official languages Hindi Urdu and Bengali which are all recognized by the central government. But Sikkim also in east India has four official languages of which only Nepali is recognized by the central government. Besides the languages officially recognized by central or state governments there are other languages which don’t have this recognition and their speakers are running political struggles to get this recognition. Central government decided that Hindi was to be the official language of India and therefore it also has the status of official language in the states. 3
Language in the UK
The United Kingdom does not have a constitutionally defined official language. English is the main language being spoken monolingually by more than 70 of the UK population and is thus the de facto official language.
Other native languages to the Isles include Welsh Irish Ulster Scots Cornish Gaelic and British Sign Language.
Immigrants have naturally brought many foreign languages from across the globe.2
Indian Society amp; Culture
Hierarchy
- The influences of Hinduism and the tradition of the caste system have created a culture that emphasizes established hierarchical relationships.
- Indians are always conscious of social order and their status relative to other people be they family friends or strangers.
- All relationships involve hierarchies. In schools teachers are called gurus and are viewed as the source of all knowledge. The patriarch usually the father is considered the leader of the family. The boss is seen as the source of ultimate responsibility in business. Every relationship has a clear cut hierarchy that must be observed for the social order to be maintained.
The Role of the Family
- People typically define themselves by the groups to which they belong rather than by their status as individuals. Someone is deemed to be affiliated to a specific state region city family career path religion etc.
- This group orientation stems from the close personal ties Indians maintain with their family including the extended family.
- The extended family creates a myriad of interrelationships rules and structures. Along with these mutual obligations comes a deeprooted trust among relatives.
Just Can’t Say No
- Indians do not like to express ‘no’ be it verbally or non verbally.
- Rather than disappoint you for example by saying something isn’t available Indians will offer you the response that they think you want to hear.
- This behaviour should not be considered dishonest. An Indian would be considered terribly rude if he did not attempt to give a person what had been asked.
- Since they do not like to give negative answers Indians may give an affirmative answer but be deliberately vague about any specific details.
This will require you to look for nonverbal cues such as a reluctance to commit to an actual time for a meeting or an enthusiastic response. 3
British Society People and Culture
The United Kingdom
The United Kingdom is comprised of four countries: England Scotland Wales and Northern Ireland. It is important not only to be aware of these geographical distinctions but also the strong sense of identity and nationalism felt by the populations of these four nations.
The terms ‘English’ and ‘British’ do not mean the same thing. ‘British’ denotes someone who is from England Scotland Wales or Northern Ireland. ‘English’ refers to people from England. People from Scotland are ‘Scots’ from Wales Welsh and from Northern Ireland Irish. Be sure not to call someone Welsh Scots or Northern Irish English.
The Class System
Although in the past few decades people from varied backgrounds have had greater access to higher education wealth distribution is changing and more upward/downward mobility is occurring the British class system is still very much intact although in a more subconscious way. The playing field is levelling but the British still seem to pigeonhole people according to class.
Class is no longer simply about wealth or where one lives; the British are able to suss out someones class through a number of complex variables including demeanour accent manners and comportment.
A Multicultural Society
Formerly a very homogenous society since World War II Britain has become increasingly diverse as it has accommodated large immigrant populations particularly from its former colonies such as India Pakistan and the West Indies. The mixture of ethnic groups and cultures make it difficult to define Britishness nowadays and a debate rages within the nation as to what now really constitutes being a Briton. 2
After reviewing the above literature it is significantly proven that the culture in UK and India has many differences in them. These differences bring the changes in perception values and attitude of the local people and are one of the major obstacles in marketing of any product which is marketed in India and United Kingdom.
References:
- http://www.indianlanguages.com/main/index.php
- http://www.kwintessential.co.uk/resources/globaletiquette/UK.html
- http://www.kwintessential.co.uk/resources/globaletiquette/indiacountryprofile.html.
About the writer: The author Vaibhav Misra is working with Bora Institute of Management Sciences Lucknow India. The author has the experience of more than 3 years in corporate world
Living And Working In Thailand.. By An Englishman!
HI Today I just thought some of you guys and girls might be keen to know what its like living and working online in Thailand..So here goes..Although today I am actually in Laos.
If you click on this link you will see where I live and where I am now. http://www.lonelyplanet.com/maps/asia/thailand/
You can see Thailand. Look at the top and I live in Udon Thani But at the moment I am in Ventienne in Laos.. I come here every 2 mths to get a 60 day visa so I like to treat it as a Vacation sort of speak.
I go to the Thai embassy in Ventienne I drop my passport in say Thursday for example and pick it up Friday lunch with my new visa in. This next 3 mths Visas are free which is great!! They usually cost about 30 usd and I have asked for 2 so thats good..
Let me tell you about Ventienne so you have a better picture of what its like.
Its pretty modern but as with any Asian cities although I dont think its a city its more like a large town say like Boulder or a town with about 100000 people in.It has some very nie old buildings and some very new looking buildings There is people who are rich and people who are poor.. When your poor in Asia you are very poor I mean you are living on a handful of rice or something similar There is no govt handout so if your broke Your going to stay broke. But people in Asia dont seem unhappy or miserable Buddha Religion in Asia is very strong. If people are starving they can go to the local Buddha temple and get a meal It does take some getting used to at first Some people get upset at seeing some of the poverty here but its not in your face like India or other countries similar to that.
I am writing this email from a Internet cafe which is a bit like a starbucks There are alot of other “westerners” as I call people from other parts of the world.. Not Asian. Mostly all are here doing some world tour or just crusing round Asia for 36 mths Many young people with back packs is popular travelling on a budget.
There are lots of “Tuk Tuks” which is like a 3 wheeler motorcycle that has a built up seating area in the back for customers and the front half is like a motorcyle.. They look weird at first but make good sense cos of the price of cars etc.. Google Tuk Tuk and you will get a pic of what they look like.
Their is a big river that is on the edge of town called the Mekong Thats a big Asian river that borders Thailand and Loas and Cambodia here in Laos its about 700mtrs wide and sometimes it does flood with terrible results. I have seen it in the past 8 mths go from a very wide and fast flowing river to now..it is virtually bone dry.. People try and swim across to get into Thailand Just like you guys for Mexico into the US.
Ventienne is ok for a visit I could not live here Its a PDR.. Peoples democratic republic Communist is the order of the day here Although its not in your face here you just know its here if you know what I mean.
The people are not as friendly as Thailand I like to greet people as I walk past people Just saying hello or good day.. The response is not the same here as in Udon Thani my home town.
So like I say I am here for 1 day and thats enough for me. There are lots of people working here from the rest of the world Its just a personal thing for me.
The food is very good Its got a European flair to it. The French have an influence here with the food and of course the lovely french bread is everywhere.. I love that stuff!!!
So today in a few hrs from now I will be heading back to Thailand Udon Thani as you can see on the map is only 50kms from Laos So thats one of the reasons why I live there and of course for the golf!!
I have a great apartment in Udon Thani and live with my girlfriend “Tik” Her real name is Maruwee Timtok but Asains for some reason I do not know have nicknames.. So Tik it is.. She is actually meeting my parents for the first time in 3 days There on their way back from New Zealand back to Europe They live on a Yacht in Turkey in the Mediterranean Anyway she is excited about that as you can imagine. I have been going with Tik now for 7 mths I love her very much and I tell her everyday too. She works in a Furniture store in town in the office and thats where I met her.. I was a customer and I was buying a corner sofa and some of the sales staff were talking in a group and Tik was there and we just got talking Her first words to me were: “You have lovely blue eyes” I was hooked!!! and we went out for a meal that nite In Thailand when you take a girl out for the first date They bring a friend aswell I guess for a 2nd oponion and safety too course. She taught her self English out of a dictionary she litterally just picked it up and started teaching herself English.. That was one thing that has always stuck in my mind and impressed me no end.. Cos that tells me she is a person who wants to get ahead in life.
Sorry I am dragging on a bit about Tik but she has impressed me a few times.. And heck…why not you want to know right?
For you who do not know I am British and proud of it I am very keen on the royal family and all thats English. But the UK is not the best place to live at the moment The pound is week and the country is going thru some hard times..
Thats one reason I work online from home in Udon Thani if I didnt do what I do I would be in UK working a 95 I think that would kill me to be homest. I am fortunate enough to be able to either live in Thailand or New Zealand My aim is in December this year I want to go back to NZ and buy a motor home and start having 6 mths in NZ and 6 mths in Thailand.. For Tik its not easy for a young single Thai girl to get out the country. She is 34 with no children so I am going to have to work out a way to get her to NZ.. I do not want to go on my own. I knr ouow I would miss her too much.
Udon Thani is a great place to live. Its got alot of nite life and a great nite market thats open of course everyday The food is great and pretty cheap.. Its under cover outside and has some big tv screens everywhere Ay weekend its very busy with people watching European soccer.. The Asians love soccer and good on them..
Manchester United is the mosy popular team out here I go sometimes at weekend and watch a game.. There is never any trouble in town. Its very peaceful and one thing I have noticed is they do not hoot there horns. The driving in really bad and they do not give way much They think nothing of cutting in front of you.. But never ever hoot your horn or definelty never scream and shout at Thais .. Its very impolote to raise your voice to a Thai or show aggresion That is one of the worst things you can do in Thailand I will tell you this.. It has changed my persona living here for 18 mths I am a very mellow person who never shouts or gets angry anymore
If you embarass a Thai here.. You could be in big trouble.. Its all about losing face you see.. If a Thai loses face thats the worse thing that can happen to them and you can get major repercussions from it too. I was told that the first week I was in Thailand and I am well aware of it..
Let me give you an example this is really weird but its true: If you are driving in town and your lost If you ask a Thai for directions and they do not know.. A thai will not say “sorry I do not know” They will send you in any direction but never say I do not know!! werid but true!!
Anyway…Hope I didnt bore you with my ramblings.. I might do this again soon!!!
You take care!
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Russell Birtwistle
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813 579 3835
Skype: RussellBirtwistle
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