Amgen blockchain

A June conference at Johns Hopkins examined the potential for digital ledgers and smart contracts in pharma and healthcare. Not only could the use of blockchain establish that a given pharmaceutical is authentic, it could provide assurance that the patient whose physician prescribed that medicine, actually took the prescribed dose. This would be important in assessing patient outcomes, which, in turn, would help determine physician reimbursement, and, in value-based contracts, pharmaceutical company payments. As the technology becomes better known in pharma circles, a number of potential applications for it are being explored, as discussed here. On June 6, at Johns Hopkins University in Maryland, a conference focused exclusively on blockchain and its potential in pharma and healthcare. Sponsored by the Institute of Electrical and Electronics Engineers IEEE , the event featured speakers from one biopharmaceutical company, industry coalitions, academia, vendors and consultants.

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Content:

• Profile: Nebula Genomics
• Blockchain Technology: The Next Digital Platform in Healthcare
• Boehringer & IBM announce blockchain partnership for clinical trials
• Blockchain
• Blockchain in Healthcare: Blockchain Use Cases in Healthcare
• Topic » Amgen
• Blockchain-Based Innovations for Population-Based Registries for Rare Neurodegenerative Diseases
• Amgen v. Apotex – what is the outcome when biosimilar applicants actually dance?
• Five Healthcare Projects Powered by Hyperledger You May Not Know About
• What do the Fundamentals Predict for Amgen, Inc. (AMGN) Stock?

WATCH RELATED VIDEO: Bagaimana Cara Blockchain Bekerja? - Tech in Asia ID

Profile: Nebula Genomics

By the time this article goes to print, hundreds if not thousands of headlines will likely be written at lightning speed about a new breakthrough in blockchain technology. Or a glitch in the latest cryptocurrency trading platform. Or the record-breaking sale of a non-fungible token NFT of a one-of-a-kind digital cat on something called Ethereum. Is your head spinning yet? Consider yourself in good company. It has become almost a cliche to admit you have no idea what any of these words—seemingly coined by a community of elite tech insiders who regularly convene in some alternate universe—mean.

But, the era of ignorance is over. Blockchain technology—and the masterminds behind its meteoric rise over the last decade—is in the process of disrupting, dismantling, reimagining, and reconfiguring everything we know about, well, everything.

And Pepperdine is jumping into the fray with an innovative academic initiative to propel the University into leadership in the space. So, what is blockchain, who is behind it, and why should we care about the trillion-dollar industry nobody can quite wrap their heads around? At its core, the blockchain can be simplified as a digital platform that maintains a ledger of transactions shared across a decentralized network.

This ledger holds an immutable history of digital transactions—most notably of cryptocurrencies or encrypted digital assets such as Bitcoin—that are legitimized by peer-to-peer consensus.

Blockchains are built on open source software, which allows developers to ensure the safety and security of transactions by avoiding third-party governance and interference by a central authority.

The blockchain operates on a network of computers that contains a universal data set that is displayed to all users, making all activity, especially the transaction history of digital assets, transparent and unalterable.

One publication compares blockchain to Google Docs, living documents that are created and owned by one party and distributed not copied or transferred to any number of people who all have access to the document. Users are able to make changes at their convenience without restriction, and all changes are recorded and visible to all users, making it an entirely transparent process.

Blockchains are made up of multiple individual blocks think of them as links in a chain that contain all of the data related to a digital transaction. As blocks—which are stored chronologically—are added to the blockchain, they create unbreakable bonds that are difficult and almost impossible to manipulate.

No other party in the world could do anything to these structures. However, the promise of cryptocurrencies and their ability to enable the transfer of funds directly between two parties without the need for a financial institution is appealing to many.

It is also the biggest threat to the financial sector, which is heavily regulated by the government. The strongest thesis within the blockchain and Bitcoin conversation, says Lombardi, is financial inclusion as it relates to currency transactions.

Lombardi cites Etsy, a web marketplace where designers and creators sell handmade or curated items to users anywhere in the world, as an environment that limits the availability and equality of opportunities for merchants to access financial services. Etsy also takes a cut of their profits. But, with the current structure of international banks and tariffs, the possibilities are slim. So, what does the future of open financial systems look like and what does it enable?

So much, says Lombardi. Blockchain is the foundation of cryptocurrency, digital assets that can be traded for goods or services through secure online transactions across the blockchain network.

Bitcoin, the first cryptocurrency and the longest-running blockchain, was created in direct response to the Great Recession in Prodromos is currently a product manager for blockchain and digital currency for Discover Financial Services based in Chicago. It was the first proof that you can have something fully digital like this that can be scarce.

With only 21 million Bitcoin in circulation, a figure determined by its creator, Satoshi Nakamoto, its scarcity model ensures that it remains valuable for an indefinite period of time. Around cryptocurrency companies were required to obtain a license to operate virtual currency business activities in their respective cities, an effort to legitimize the elusive nature of the digital transactions. The now-infamous New York-based BitLicense was the only state-recognized business license for virtual currency activities at the time.

Prodromos had heard former governor Jack Markell debut the Delaware blockchain initiative at the Consensus conference in New York City. Prodromos, who became curious about cryptocurrency and explored it seriously as a career path shortly before graduating from Pepperdine, proposed a plan to the department to develop Chicago and Illinois into national blockchain leaders. This effort helped shape discussions of how to advance blockchain technology in the public sector, which evolved into the Illinois Blockchain Initiative IBI.

At the IBI, Prodromos led education initiatives to raise awareness about blockchain technology; inspire legislation to help Illinois become more welcoming to cryptocurrency entrepreneurs; create a physical convening space where entrepreneurs, students, private businesses, and venture capitalists could build an in-person community to network together; and launch a pilot program to implement blockchain technology within the state government.

She is currently the executive director of the Chicago Blockchain Center, a nonprofit organization devoted to the education, promotion, and adoption of cryptocurrencies and blockchain technology. She also supports efforts at the federal level with the Chamber of Digital Commerce, a Washington, DC-based advocacy firm for blockchain and digital currencies.

One of the interesting things about cryptocurrency is that, while it inspires personal financial freedom, it also places much more responsibility on the individual to manage their funds.

Prodromos cites data from a few years ago that estimates that, of the 18 million Bitcoin that have been minted and are in circulation, 4 million to 6 million are missing and permanently inaccessible because of misplaced or forgotten private wallets, unique keys that are used to validate Bitcoin transactions and specifically designed to prevent third parties from using or altering transactions on the blockchain.

What we wanted to do at the Chicago Blockchain Center and Illinois Blockchain Initiative was shine a light on other, noncriminal uses of this technology. While the technology is still nascent, Prodromos says that it has the potential to alleviate pain points in many different industries ranging from healthcare, finance, real estate, media, and the arts.

One of the pilot programs Prodromos initiated at the IBI was with the Cook County Recorder of Deeds Office in an effort to use a Bitcoin equivalent called colored coins to ascribe land titles and deeds, using blockchain technology to enable traceability and transparency in verifying ownership of land parcels and other forms of property and making the transfer of land ownership easier.

Blockchain technology accelerated that and is moving us in the right direction of having much more transparency in a trustless world. Much of the mystery surrounding blockchain is related to its inherently concealed nature and distinctive and often puzzling language, which not only intimidates tech novices but also creates confusion and, ultimately, skepticism among the general public.

Many wonder how the technology will play a part in their daily lives and processes. While major institutions such as healthcare and higher education have adopted the technology to give individuals access to their own medical records and academic transcripts, blockchain has and will continue to show up in more ways than anyone can imagine. Throughout the Pacific region, overfishing and illegally harvested fish have resulted in a massive decline in revenue across fisheries. Beyond patrolling waters and implementing stricter fish-trafficking laws, the World Wildlife Federation has partnered with a blockchain venture to create transparency around fish sourcing all the way through the supply chain.

Specific data-collecting processes, often referred to as data provenance, essentially an audit of how data was collected and used, tags and tracks each fish as it travels from the fisherman, to the processing plant, to the packaging and distribution facility, to the retail establishment, and, finally, to the consumer.

The consumer can then scan a QR code and see every step of the process using a blockchain database. The benefits to the supplier are a deeper analysis of their supply chain and more precise quality control. To the consumer, this level of transparency affirms their purchasing choices and their confidence in buying from ethical and sustainable producers.

Most importantly, tracking the origins of responsibly sourced products is a major factor in combating and eliminating greenwashing across industries that manipulates and misleads consumers into believing a product is more environmentally friendly than it is. We can find out where things actually came from and make the best decisions for ourselves based on actual data. Beyond the impact of blockchain technology on the industries that shape the world around us, many individuals—especially artists and content creators—have found greater opportunities to permanently secure their ownership and the authenticity of their work.

Artists and musicians across mediums are using blockchain technology to expand their creative opportunities with NFTs, unique and irreplaceable collectible tokens ascribed to their digital art that live on the blockchain. In the music industry, artists associate NFT technology with two functional areas: the sale of a collectible audio clip and the authenticity of ownership and copyright.

While anyone can copy and listen to the audio, music NFTs, in essence collectible editions of music, can attribute initial ownership to an individual and offer owners provenance—the digital verification of ownership. NFTs of digital art and music are generally owned by one person who is listed on the blockchain ledger as the owner, but most people can still access the content.

For example, if an owner sells 10 percent of a copyright, does that mean the purchaser is entitled to future income as well? To combat these concerns, creators can build separate income streams into a smart contract—a transaction protocol stored on the blockchain that is automatically executed or documented when the terms of an agreement between parties are met—but the question remains if purchasers are entitled to profits from subsequent sales of the NFT.

In some cases, the person minting a musical work does not own the song to mint it in the first place, and if the creator does not catch the minting of the NFT in time, it can be difficult to prevent and correct it. While these practical concerns are emergent, their legal implications are not novel.

As more artists use NFTs to connect with audiences directly, manage their identities, and simplify transactions of their work, industry professionals remain optimistic about the emergence and prominence of NFTs and are equipped with a general understanding of blockchain technology and the challenges and opportunities it brings—a good sign for the overall health of the industry. She began thinking of ways blockchain could contribute to autonomy and accountability in the world of healthcare and considered the ways the technology could put more resources and opportunities in the hands of individuals.

I kept thinking about all of the possibilities blockchain could bring to people around the world. She applied for and won a Waves of Innovation grant in to create Blockchain at Pepperdine, an interdisciplinary and inclusive initiative designed to advance blockchain technology and innovation at the University.

Blockchain at Pepperdine comprises a sophisticated team of academic and industry advisors and serves as a resource for blockchain conferences, curricula, certificates, collaboratories, and consulting for students, faculty, staff, alumni, and the community.

The course encourages students to determine a real-world issue and takes them through the lifecycle of a blockchain project focusing on decentralized applications such as smart contracts or NFTs as part of that solution.

Students also have the opportunity to partner with existing companies in the industry as they engage in discovery analysis, design mapping, and creating user-journey flows that go through layers of functional and technical requirements.

By the end of the seven-week course, students have developed the wireframe of an actual application for their smartphone. Martin shares that if the course were spread over 14 weeks, students would, by the end of it, be able to develop a minimum viable product—the early form of a product that contains enough features to deliver a usable experience to customers. Some of them have wanted to transition careers after taking the course.

Some of them have established themselves as blockchain experts at work. As blockchain technology finds its legs in the mainstream, graduating students are entering the workforce and discovering career opportunities in an emerging field with great promise.

While more seasoned professionals are having to pivot and reimagine existing and deeply established processes, this new crop of graduates is blazing into blockchain with an energy—and opportunities—rarely seen before. When MetaX partnered with Consensus, one of the biggest blockchain incubator companies at the time, Reyes took a deeper dive into the technology. Reyes was hired to manage the marketing strategy in the tech markets.

Reyes currently works for Unstoppable Domains, the leading blockchain domain registry, that enables users to build decentralized websites that simplify cryptocurrency payments. The company offers users domain names for example, pepperdine.

This product solves incorrect cryptocurrency transfers that are common within the crypto industry due to long, complex addresses that are necessary to use for crypto payments. These mistakes can result in a permanent loss of funds. Reyes is involved in partnerships and marketing and works with the biggest crypto content creators in the world to share the value of Unstoppable Domains with their massive social media communities.

Blockchain, while it has been around in various formats since the early s, is still in its infancy as far as larger industries are concerned. Because of its nascency, blockchain has provided professionals who entered the field just a year or two ago with opportunities to grow significantly in their careers in a short period of time.

She and her colleague presented at South by Southwest on how decentralized autonomous organizations are built on the blockchain and operate in a self-governed manner. Search site. Newsroom Events Locations Community. Schools of Pepperdine. Meet the Faculty. Pepperdine Libraries. Undergraduate Admission.

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Blockchain Technology: The Next Digital Platform in Healthcare

By Dashveenjit Kaur 18 February, Over the last 12 months, there has been plenty of buzz around the potential for blockchain technology to transform and secure supply chains across different industries. Blockchain in simple terms is a distributed, decentralized, digitized ledger of transactions that records data in a way that prevents hacking and data altercation. Most people associate blockchain technology with the volatile nature of Bitcoin and other cryptocurrencies.

Boehringer & IBM announce blockchain partnership for clinical trials

His main interests are on the augmentation of healthcare by new technologies, and Open Science as an inclusive tool to improve research processes. He most recently From supply chain and clinical trial management to securely recording and protecting patient data, the integration of blockchain technologies in healthcare Through her broad based experience as a math and computer science teacher and healthcare website developer, she created the first and largest global social media cystic fibrosis patient community in Health Linkages Inc. Robert is a product leader with more than 15 years of experience on the software and IT side of healthcare and life sciences. Technical Briefs , July Introduction Increasingly, people in the United States are required to manage their own healthcare and associated information.

Blockchain

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Blockchain in Healthcare: Blockchain Use Cases in Healthcare

Blockchain technology has its origins in the field of cryptocurrency and was originally used to establish Bitcoin, the first viable digital currency. A distributed ledger technology DLT , blockchain enables proof of ownership and the transfer of ownership from one entity to another without using a bank. Those features include the creation of permanent, immutable, signed and time-stamped records of ownership of assets of various types, identities, transactions and contractual commitments that can be shared among all members of a business ecosystem in near real time. Authorizations can be assigned to specific types of information by specific members. In addition to this high level of security, blockchain technology enables supply chain transparency. The sources of data and records are also more clearly identified and can be readily traced, significantly decreasing the time it takes to identify problems in the supply chain and increasing the ability to manage quality and inventory flows.

Topic » Amgen

Court of Appeals for the Ninth Circuit and held that securities plaintiffs do not have to prove materiality as a prerequisite to class certification under Federal Rule of Civil Procedure 23 b 3. The decision resolved a split on this issue among the Courts of Appeals. Compare Conn. Amgen, Inc. Wendt , F. Plaintiff, the Connecticut Retirement Plans and Trust Funds Plaintiff , brought this securities fraud action on behalf of a putative class of shareholders of Amgen, Inc.

Blockchain-Based Innovations for Population-Based Registries for Rare Neurodegenerative Diseases

TileDB, Inc. The funding will be used to advance the vision and development of the TileDB universal database. Medical images, clinical records and genetic sequencing data are stored in disparate collections of millions of files on laptops, HPC clusters and cloud data warehouses and are then modified to fit into homegrown analysis tools that expect the data to match their particular schemas. For large datasets some analytical workflows are infeasible for lack of tools to securely integrate data and compute.

Amgen v. Apotex – what is the outcome when biosimilar applicants actually dance?

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Live audio of the conference call will be broadcast over the internet simultaneously and will be available to members of the news media, investors and the general public. The webcast, as with other selected presentations regarding developments in Amgen's business given at certain investor and medical conferences, can be accessed on Amgen's website, www. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event. About Amgen Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.

Five Healthcare Projects Powered by Hyperledger You May Not Know About

Select your location Close country language switcher. According to an Amgen Inc. The IRS also proposed significant adjustments to , and tax years for similar issues. Amgen filed a petition in the United States US Tax Court to contest the notice but has not disclosed the specific legal issues in dispute. The Tax Court petition has not been made publicly available yet.

What do the Fundamentals Predict for Amgen, Inc. (AMGN) Stock?

Hyperledger Member companies are hiring. The New Year brings about various resolutions for millions across the globe. For many, that means putting more focus on their physical and mental health.