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More Than One-Third of Biotechs Have Under a Year of Cash Left, EY Finds
More Than One-Third of Biotechs Have Under a Year of Cash Left, EY Finds
More Than One-Third of Biotechs Have Under a Year of Cash Left, EY Finds
EY’s 2025 Biotech Beyond Borders report provides a sobering snapshot of the industry’s financial health, with more and more companies facing cash runways of less than one year. The analyst firm’s leaders urge a return to basics for biotech.
Why Industry Anticipates a ‘Cliff-Edge’ Scenario With EU MDR/IVDR
More Than One-Third of Biotechs Have Under a Year of Cash Left, EY Finds
More Than One-Third of Biotechs Have Under a Year of Cash Left, EY Finds
The EU’s medical device and in vitro diagnostic regulations (MDR/IVDR) may cause a “cliff-edge scenario,” meaning a disruption in the supply of certain medical devices and IVDs, industry groups and the European Commission cautioned.
Opposition to International Pricing Index for Part B Drugs Mounts
More Than One-Third of Biotechs Have Under a Year of Cash Left, EY Finds
FDA to tackle uptick in cell and gene therapy applications with new ‘super office’
A coalition of more than 40 conservative groups led by Americans for Tax Reform urged the Trump administration in 2020 to withdraw its International Pricing Index (IPI) proposal for Medicare Part B drugs.
FDA to tackle uptick in cell and gene therapy applications with new ‘super office’
FDA to tackle uptick in cell and gene therapy applications with new ‘super office’
FDA to tackle uptick in cell and gene therapy applications with new ‘super office’
Looking to maximize efficiency in anticipation of an impending flood of cell and gene therapy applications, CBER will morph its Office of Tissues and Advanced Therapies into a new FDA “super office” dubbed the Office of Therapeutic Products.
FDA approval of aducanumab paves way for Alzheimer’s blood tests
FDA to tackle uptick in cell and gene therapy applications with new ‘super office’
FDA approval of aducanumab paves way for Alzheimer’s blood tests
Developers of blood tests for the early diagnosis of Alzheimer’s disease (AD) are poised to see a spike in demand, following the FDA’s accelerated approval on Tuesday of Cambridge, Mass.-based Biogen Inc.’s AD drug treatment Aduhelm (aducanumab).
Why the GOP’s proposals to cap Medicaid funding won’t work
FDA to tackle uptick in cell and gene therapy applications with new ‘super office’
FDA approval of aducanumab paves way for Alzheimer’s blood tests
Puerto Rico’s block grant shows “what it means to have a federal funding level set in an arbitrary way that is disconnected from actual need,” Center on Budget and Policy Priorities’ Edwin Park says.
Internet of Things Becomes Greater Focus for Pharma
Board of Education looks to a jam-packed year on the agenda
Board of Education looks to a jam-packed year on the agenda
As Thomas B. Cueni of the IFPMA recently stated, voluntary "technology transfer partnerships have been the cornerstone in the fight against COVID-19" in ways that offer new and exciting opportunities for pharma. The need for the adoption of connected technologies that was exacerbated by the pandemic is expected to complete a shared vision.
Board of Education looks to a jam-packed year on the agenda
Board of Education looks to a jam-packed year on the agenda
Board of Education looks to a jam-packed year on the agenda
With the holidays and 2020 just around the corner, the Montgomery County Public Schools (MCPS) Board of Education completed an expansive agenda including voting in presiding officers, approving the 2020-21 school year calendar and listening to public feedback on Dec. 3.
Medium company honoree: Cassaday & Co.
Board of Education looks to a jam-packed year on the agenda
Medium company honoree: Cassaday & Co.
The Washington Business Journal (WBJ) talked to Stephan Cassaday, president and CEO of Cassaday & Co. about what makes the McLean wealth management firm a Best Places to Work.
Langley Park Residents Say Brothels Operate in Plain Sight Yet Elude Police
May 27, 2015
By Natalie Tomlin and Ana Mulero
Capital News Service
LANGLEY PARK — Maria Sorto, who is originally from El Salvador, had just moved into an apartment complex in Langley Park when she was approached by a man with a business proposition: He wanted to operate a brothel out of her new home.
“He said, ‘We can become partners,’” Sorto said in Spanish. “I told him no — that in my apartment, I was not going to do that….”
But others were willing. On Friday nights, after receiving their paychecks, men would swarm into the apartment buildings in search of drugs and prostitutes, she said.
Sorto moved to Hyattsville a couple months ago.
Community members and law enforcement officials say Langley Park, located just inside the Capital Beltway in Prince George’s County, is rife with prostitution and human trafficking.
“Throw a rock anywhere in Langley Park and you get a brothel,” said Christine White, a University of Maryland criminologist and chair of the research committee for the Prince George’s County Human Trafficking Task Force.
Even so, law enforcement officials have said they’ve had trouble catching traffickers there, citing the language barrier, elusive perpetrators and scared victims.
More than three-quarters of the Langley Park population of nearly 19,000 are Hispanic or Latino, and 70 percent are foreign-born residents, according to the most recent U.S. Census Bureau report. It’s a landing spot for Central American immigrants who are here illegally.
Maryland Assistant U.S. Attorney Rachel Yasser said Latino brothels are sometimes hidden within the community, with traffickers changing locations frequently.
However, to residents of Langley Park, amid a vast sea of low-rise apartment buildings, there’s little that’s hidden about the problem.
The Rev. Roberto Cortés, pastor of St. Mark the Evangelist Catholic Church in Hyattsville, said church members and friends complain frequently about prostitution and sex trafficking in Langley Park and the surrounding area. On occasion, he has heard from a victim too.
Cortés recalled that a woman from Langley Park walked into his church about a year ago and told him that she was forced to work as a prostitute in Langley Park and had stayed in the business to support her family.
“She was thrown into it and she was forced into it but then she needed the money,” he said.
Cortés never saw the woman again.
He said Langley Park often serves as a starting point for newcomers rather than a place to establish a family. Many residents remain quiet and tolerate the illegal activity within their neighborhoods because they view Langley Park as a temporary living situation, he said.
Alvarado Diaz was one of several residents interviewed by Capital News Service who said he was concerned about brothels in the apartment complexes. He said prostitution in the area is just one of many disruptive problems faced by the community. There are gangs, and the crime rate is high, he said.
Diaz has lived in Langley Park for 35 years and has spent 18 of those years working as a carpenter for the Maryland-National Capital Park and Planning Commission. He moved to Maryland from Santa Tecla, El Salvador, when he was 15 years old and three years later began living in what Diaz described as a “lovely” neighborhood of mostly elderly residents who genuinely cared about one another.
Today the community is younger, less educated and many residents are here illegally, he said. “They come here, they don’t have papers, nobody wants to hire them, so it’s easy money.”
Victims are reluctant to come forward, police and advocates say, because many are here illegally and they blame themselves for their situation.
The need for undocumented residents to earn a living, coupled with the demand for commercial sex, is what keeps the business thriving despite community-wide disapproval, police and advocates say.
Many residents said brothel managers manage to advertise while evading authorities through the use of business cards that traffickers pass around the Langley Park community.
Manuel Quinteros, a former Langley Park resident and Sorto’s son, said he has seen brothels come and go in his former apartment building. He said he was once given a strange business card, which he suspected was a covert advertisement for sex.
“I got [handed] a card here in Langley Park and they said, ‘If you want a delivery, the girls will do it,’” said Quinteros. “This phone number appears as something false…it’s like a restaurant but it’s not. It is something else. It’s a cover.”
Quinteros said many pimps have stopped passing out business cards because authorities have caught on to this method. Others recounted how men knock on the windows of residences and offer sexual services from women.
Special Assistant U. S. Attorney LisaMarie Freitas said traffickers in Langley Park elude investigators by moving their operations frequently from apartment to apartment.
“These pimps don’t stay in the same locations with the girls,” she said. “They move around. If a repeat customer wants to come back to that girl, he has to search around.”
Getting the cooperation of victims is difficult, because many don’t speak English and some are in the United States illegally. When victims are willing to testify against their traffickers, extensive resources are needed to help guide them through the prosecution, said Donnell Turner, a deputy state’s attorney for Prince George’s County.
About
This news story forms part of Capital News Service's investigative project, The Brothel Next Door, uncovering human trafficking in Maryland.
This piece received several national awards, including the 2015 Best in Show Award and the Mark of Excellence (MOEy) Award from the Society of Professional Journalists (SPJ).