Battelle Memorial Institute fails to rebut legal charges in the theft of billions of dollars’ worth of predictive analytics technology

Battelle Memorial Institute fails to rebut legal charges in the theft of billions of dollars’ worth of predictive analytics technology

Within just days of the Food and Drug Administration’s (FDA)
The Factsadmission of guilt in the theft of billions of dollars’ worth of predictive analytic technology from a small business, Dr. Jeffrey Wadsworth of Battelle Memorial Institute has fallen in line with the FDA by failing to rebut legal charges that Battelle colluded with the FDA in the theft of the technology.

 “It’s a lot like watching dominos fall,” said Bruce Becker the President of FoodQuestTQ LLC, the little company that fell victim to the scheme. “The evidence of wrongdoing is so overwhelming that it’s just impossible for any of them to deny the truth anymore,” he added.

Last year Gartner predicted that Big Data including predictive analytics would drive $232 Billion in information technology spending through 2016 and Battelle has bet its future in a big way on the new emerging market.  Battelle is making millions of dollars of investments in predictive analytic tools like PriaTM, Smart VisionTM, Way FinderTM, EluciDataTM and many others across multiple industry verticals including agriculture, energy and healthcare to mention just a few.

“What we are really seeing here is a classic case of racketeering and corruption among the FDA, a loyal group of their contractors, and the regulated food industry itself.  It’s called regulatory capture,” said John Hnatio, the President of Projectioneering LLC the owner of the stolen technology.

Regulatory capture is a term closely related to economist George Stigler who won the Nobel Memorial Prize in Economic Sciences in 1982, and was a key leader of the Chicago School of Economics.  Regulatory capture occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or special concerns of the interest groups that dominate the industry or sector it is charged with regulating.

“To put it very bluntly America’s food companies and their industry trade associations are in bed with the FDA,” said Hnatio. “What we are seeing is a form of government corruption that allows food companies to avoid their responsibilities to consumers all with the help of the FDA. Unfortunately for all of us, the FDA is nothing but a captured agency,” he added.

“Hundreds of food companies and industry trade associations were told not to use the “free” predictive analytic technology being given away by the FDA at their website because it was stolen property,” said Becker. “But hundreds of food companies and their trade associations simply ignored the warnings,” he added.

But one thing in all of this is certain, the admission of guilt by the FDA, and the recent decision by Dr. Wadsworth and Battelle Memorial Institute not to rebut the charges against Battelle, sets the stage for huge liabilities across the entire food industry.

READ FULL CONSTRUCTIVE NOTICE

Related articles and updates:

Leave a Reply

Your email address will not be published. Required fields are marked *

Investigating Complex Issues