Tag Archive : Regulatory

/ Regulatory

According to Chris Larsen, co-founder and executive chairman of Ripple Labs, the company is likely to move its headquarters overseas because due to the regulatory stance of the federal government towards the crypto industry. 

Larsen made the comments at the LA Blockchain Summit on Tuesday. He argued that almost every country besides the U.S. has a favorable system to regulate crypto, adding that the U.K. and Singapore top the list of likely new locations if the San Francisco-based company indeed decides to leave the U.S. 

Ripple has been in an ongoing legal fight with investors who allege that the company violated state and federal securities laws by selling the digital currency XRP. The firm maintains that although it owns a large amount of XRP, the network used to settle XRP transactions is decentralized.

“Purchasing XRP is not an ‘investment’ in Ripple; there is no common enterprise between Ripple and XRP

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FDA’s Office of Pharmaceutical Quality adds new licenses of Simcyp Simulator

Certara, a global leader in biosimulation, today announced that the U.S. Food and Drug Administration (FDA) has again renewed and expanded its licenses of Certara’s biosimulation software, with more than 400 user licenses of Simcyp™ and Phoenix™ platforms. Eleven divisions and offices of the FDA use Certara’s software for internal research and to independently analyze, verify, and review regulatory submissions.

Certara’s Simcyp Simulator, an industry-leading platform for physiologically-based pharmacokinetic (PBPK) modeling and simulation, is used to determine first-in-human dose, design more efficient and effective clinical studies, and predict drug-drug interactions using virtual populations. The FDA’s Office of Clinical Pharmacology has renewed its licenses for the Simcyp Simulator, including Simcyp Pediatric and the Simcyp Cardiac Safety Simulator. Furthermore, the FDA’s Office of Pharmaceutical Quality recently ordered Simcyp user licenses, expanding the FDA’s use of the platform. The agency uses

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