Pharmaceutical, Biotech and Banking Companies Lead the Way in Social Responsibility

It might seem counterintuitive that Merck KGaA, a German science and technology company with a market value of about $67 billion, would pay attention to a neglected tropical disease called schistosomiasis that mostly affects poor and rural communities.

Similarly, providing financial services to underserved parts of the population might not be the most obvious growth strategy for Bank of Montreal, a Canadian banking and financial-services company with about $740 billion in assets under management as of July 31.

Both companies found that serving local communities—and burnishing their reputations as socially responsible businesses—pays off. These efforts helped land Merck and BMO among the top 100 companies in The Wall Street Journal’s new ranking of the world’s most sustainably managed companies.

The ranking is based on a scoring system that Journal research analysts used to compare more than 5,500 publicly traded companies world-wide in areas including social capital, the environment, human capital

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Manifold the Applied AI Company Announces Financing To Support 100% Growth, with Technology, Healthtech, and Biotech Veterans Joining

Manifold, the applied AI company, announced a seed financing to support rapid growth, led by Jon Karlen, chairman of Acadian Software and former board member of PillPack. He was joined by Waterline Ventures where Robbie Greenglass led the investment and by former executives, investors, and board members of Amazon, Auris Health, Brightree, and Elevation Pharmaceuticals.

Manifold partners with visionary leaders to make progress rapidly on AI mandates from C-suites and Boards through joint discovery and development programs. Manifold’s AI foundry brings together the infrastructure, algorithms, data, and multidisciplinary R&D team needed to rapidly forge market ready products. In contrast to other tools companies, Manifold’s AI scientists and software engineers work closely with biomedical scientists and engineers to invent novel solutions. Past collaborations have resulted in patents and publications in addition to products, for areas ranging from PK/PD modeling to HEOR and adherence.

“Manifold is continuing to experience rapid growth, with

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