Showing posts with label congress. Show all posts
Showing posts with label congress. Show all posts

Wednesday, April 30, 2014

What's 50,000?

Sometimes, I really regret glancing at my FiercePharma mailers. Yesterday's top headline?

"Pfizer's post-megamerger job cutting record? 51,500 jobs in 7 years"
(P.S. They're talking about the Pfizer / Wyeth merger, tracking 2008-2014)


Whenever a Really Big Number comes into play, I feel I need some extra context. What's 51,500, relative to other companies or scientific organizations?

Two-and-a-half Harvards (21,000), or 0.8 Ohio States (64,000)

22 Vertex Pharmaceuticals (~2300)

114 U.S. Congresses (441 members)

About the number of sci-jobs "saved" by the American Recovery and Reinvestment Act (50,000)

Roughly the population of Cupertino, CA (58,000, Home of Apple, Inc.), and...

...12,500 "lean" biotech start-ups (Perlstein Labs, 4)


Wednesday, May 8, 2013

Helium: Heavy Demand, Light Supply

From NPR News this morning, an intriguing news tidbit regarding the ongoing helium shortage:
"There's a global shortage of refined helium, and it could get worse if the [U.S.] government doesn't stay in the business of selling helium. To understand how we got here, we need to go back to nearly a century ago to World War I. Germany started building huge inflatable aircraft, and to keep up, the U.S. started stockpiling helium. That federal helium reserve is located outside Amarillo, Texas. [snip]
Hope you can hold off on that overnight 13C
Source: Bruker
. . .there are now 10 billion cubic feet of the gas stored in this federal reservoir — enough to fill about 50,000 Goodyear blimps. And it's all kept under a wide-open prairie dotted with coyotes and jack rabbits."
Hang on, let me catch up here. Federal Helium Program? Strategic reserve? I mean, I've heard about the shortage (SciAm, Science, Marketplace), but I didn't realize the situation had grown so dire. (On a micro-econ level, I had noticed that the Airgas truck doesn't stop by to refill the NMRs quite so often, and hourly billing rates are climbing...)

Most of the articles indicate private refineries and exploration firms will bear the supply brunt if Congress doesn't act. 

Perhaps #chemjobs' future isn't in fracking after all - ever thought about 'helium hunting?' Failing that, maybe you could "catch a falling star" and then list it on eBay.