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10 million endowed gift supports psychosis research efforts

first_imgRelated StoriesSchwann cells capable of generating protective myelin over nerves finds researchTargeted treatment offers symptom relief for patients with psychosisStudy: Treatment of psychosis can be targeted to specific genetic mutationBecause the gift is endowed, the perpetual funding will secure the future of behavioral health research at Vanderbilt.”We are already providing clinical care to many patients during their first episode of psychosis. This transformational gift now allows us to map the trajectory of psychosis,” said Stephan Heckers, MD, MSc, chair of the Department of Psychiatry and Behavioral Sciences. “The outstanding translational research environment at Vanderbilt University Medical Center is the ideal place to realize the vision of our donor.”The gift will allow researchers to engage and track patients for longer periods of time, enabling longitudinal research studies that could otherwise not be accomplished. Through enhanced assessments, increased medication monitoring and earlier interventions, the team at Vanderbilt hopes to gain insight into what determines positive and negative treatment outcomes and to extend the lives of people with psychotic disorders, which are associated with a shortened life expectancy.”We are extremely grateful to the donor for making this translational research possible. The donor’s vision will impact many patients at Vanderbilt and will greatly advance our research agenda,” said Heckers. Reviewed by Kate Anderton, B.Sc. (Editor)Jun 13 2019Vanderbilt University Medical Center’s Department of Psychiatry and Behavioral Sciences has received a $10 million endowed gift to fund translational research, support clinical programs and create an endowed chair within the department.As a family member of a loved one with schizophrenia, the donor, who wishes to remain anonymous so the focus remains on the patients and new treatments, is energized by the potential of developing early treatments to slow or prevent psychosis from reaching more critical stages.”Seeing firsthand the devastation of the effects that these diseases have on not just the individual, but the whole family, I believe we need to try anything possible to help alleviate the pain of these experiences,” said the donor. “We keep hoping that something will come along that helps slow the progression of psychotic disorders. If we can work with patients through their first episodes so we can hopefully prevent future ones, that will be the key to improving lives.”The donor made the gift to help other families find answers as they struggle through the challenges of learning a loved one has a psychotic disorder and finding viable treatment options. The early days can be difficult. The burden of psychosis ripples through families as uncertainty and difficulty alter the fabric of life. We are grateful for the pivotal generosity that will ensure other people, and their families, are supported and better understood as they tackle treatment. This gift will reverberate for decades to come.”Jeff Balser, MD, PhD, President and Chief Executive Officer of Vanderbilt University Medical Center and Dean of Vanderbilt University School of Medicinecenter_img Source:Vanderbilt University Medical Centerlast_img read more

UK hands Comcast advantage in Sky takeover tussle with Fox

first_img Fox says Disney may buy Sky News in fresh takeover twist This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. 21st Century Fox is seeking to buy the 61 percent of Sky that it does not own for £11.4 billion but the long-running saga has been plagued by fears over media plurality and broadcasting standards Britain gave the edge Tuesday to US cable giant Comcast in a multi-billion-pound takeover battle with Rupert Murdoch’s entertainment titan 21st Century Fox for pan-European TV group Sky. Explore furthercenter_img Citation: UK hands Comcast advantage in Sky takeover tussle with Fox (2018, June 5) retrieved 18 July 2019 from https://phys.org/news/2018-06-uk-comcast-advantage-sky-takeover.html © 2018 AFP Culture Secretary Matt Hancock announced that he has cleared Comcast’s £22-billion ($29.4-billion, 25.1-billion-euro) bid for all of Sky, setting the stage for a potential bidding war.Sky, which is best known for its live coverage of English Premier League football, has long been a jewel in the crown of media magnate Murdoch.”I have concluded that the proposed merger does not raise public interest concerns and so I can confirm today that I will not be issuing an intervention notice,” Conservative Party minister Hancock told parliament.However, turning to Fox’s lower offer per share for the 61 percent of Sky it does not already own, Hancock added he favoured “divesting Sky News” to a suitable third party to address public interest concerns identified by regulators, before giving it the nod.Fox is seeking to buy the 61 percent of Sky that it does not own for £11.4 billion but the long-running saga has been plagued by fears over media plurality and broadcasting standards—and the increasing influence of Australian-born US citizen Murdoch.’Bidding war on horizon’Deputy leader of the main opposition Labour party, Tom Watson, who is a vocal critic of Murdoch, urged Hancock to “protect the interests of the public”.He said: “With Comcast now in the ring, the future for Sky is uncertain. A bidding war is on the horizon.”New York-listed Fox had already proposed in April to sell rolling TV news channel Sky News to Disney to finally clinch its takeover of Sky. Comcast, which itself had lost out to Disney last year in an effort to buy 21st Century Fox, had last month formalised its Sky cash bid.Hancock made his announcement in light of a final report from Britain’s Competition and Markets Authority (CMA). The regulator again raised the possibility of “increased influence of the Murdoch Family Trust over public opinion and the UK’s political agenda”, should Fox win control of Sky News.”The CMA concluded in line with its interim findings that the merger may not be expected to operate against the public interest on the grounds of a genuine commitment to broadcasting standards,” Hancock said.He added: “I agree with the CMA that divesting Sky News to Disney, as proposed by Fox, or to an alternative suitable buyer, with an agreement to ensure it is funded for at least ten years, is likely to be the most proportionate and effective remedy for the public interest concerns that have been identified.”Consultation periodThere will now be a 15-day consultation period to finalise details of the Sky News divestment before Hancock reaches his final decision on the Fox deal.However, he also warned that—should a Sky News sale not be attainable—then his “only effective remedy would be to block the merger altogether”.Earlier this year, the CMA had provisionally ruled that Murdoch’s planned takeover was not in the public interest on media plurality concerns.Murdoch owns also major British newspaper titles The Times and The Sun.Comcast’s superior cash offer values each Sky share at £12.50, which is significantly higher to Fox’s offer price of £10.75.Back in 2011, Murdoch failed to buy the British pay-TV group, then known as BSkyB, owing to a phone-hacking scandal at his now-defunct News of the World tabloid newspaper.last_img read more