Business & Entrepreneurship

U.S. pharmaceutical giant Pfizer announced Nov. 23 a record-breaking $160 billion merger with Irish firm Allergan, the biggest merger to date involving the controversial strategy of tax inversion. The move marks the beginning of the end of the ability to stop corporate tax inversions under current tax rules, said Adam Rosenzweig, JD, professor of law and an expert on international tax law at Washington University in St. Louis.

Arch Grants recently announced its latest cohort of awardees, and once again, Washington University had a strong showing among the selected startups. Of the eleven business awarded $50,000 capital funding grants, four have direct ties to the university.

The U.S. Department of Health and Human Services is considering adoption of anti-discrimination regulations that would apply to all health care providers and build upon the Affordable Care Act mandate prohibiting discrimination “on the basis of race, color, national origin, sex, age or disability.” These new rules would help reduce disparities in the health care system, said Elizabeth Sepper, JD, associate professor of law.

The United States Supreme Court agreed Nov. 6, for the fourth time in three years, to rule on challenges to the Affordable Care Act. This time the court will rule on the birth control mandate. A decision siding with large nonprofit corporations in this new case means that employers would prevail at significant cost to employees, said Elizabeth Sepper, JD, religious freedom and health law expert at Washington University in St. Louis.

The School of Law at Washington University in St. Louis is hosting this year’s National Board of Trial Advocacy Tournament of Champions, one of the premier law school trial competitions nationwide. The competition runs Oct. 28 through Oct. 31 at the Thomas Eagleton Federal Courthouse in St. Louis and at the School of Law.

FoodShare is a new app that allows users to donate a meal for every meal purchased at a participating restaurant. Developed by Washington University junior Andrew Glantz, the app ​is a finalist for the Mobileys, a nationwide competition that honors entrepreneurs who make a difference through mobile innovation.

Washington University in St. Louis startups are having an impact on the St. Louis community. A new research project from the Skandalaris Center for Interdisciplinary Innovation and Entrepreneurship shows just how much the university, through an innovative course called The Hatchery, has helped foster entrepreneurship and innovation on campus, in St. Louis and beyond.

About 200 Washington University students in medicine, engineering and business recently gathered in the Cortex Innovation District for a networking event known as “Problem Day.” The event kicked off a seven-month effort for student entrepreneurs to develop innovative solutions to clinical problems. 

​Nearly a third of the companies taking part in Startup Connection this year have direct ties to Washington University, highlighting the depth of commitment the school has for entrepreneurship and innovation efforts.

​Crunching big data, especially from social networking sites, is one of the hottest areas of study in business schools right now.  A new center at Washington University in St. Louis is teaching students best practices when it comes to data mining and analysis. Seethu Seetharaman, PhD, the W. Patrick McGinnis Professor of Marketing, is the center’s director.