Author's posts
How Policymakers Can Win The Corona Virus War
Battling a pandemic requires logistics on a massive scale. … The mission during the “peace” between pandemic battles is one of discovery and invention, where centralized planning can be an impediment.
Drug Prices And Innovation
Some industry observers argue that drug prices are so high that the government can lower them without impairing productivity; access must be the priority.
Drug Prices And Innovation
Some industry observers argue that drug prices are so high that the government can lower them without impairing productivity; access must be the priority.
Mega-Fund Shows Why Conventional Thinking Won’t Fix Pharma’s Innovation Crisis
The pharmaceutical industry must develop models of innovation that enable it to function effectively at scale in a stochastic environment, in which outcomes are inherently unpredictable and aggregating projects increases uncertainty.
Why Pharma Risk Is Inherently Unpredictable And Why It Matters
To understand risk in an industry, one must look not only at the magnitude of uncertainty but its nature. Different types of risk call for different operating strategies.
How To Fix Pharma’s Innovation Crisis (Part 2)
Multi-national pharma is optimized for late-stage clinical research and international marketing. As a result, discovery has become the limiting factor in productivity. The industry needs a business model, a road map, that would enable it to operate eff…
Why Experts Can’t Fix Pharma’s Innovation Crisis (Part 1) And What to Do About It (Part 2)
Scientific excellence is the foundation of the industry, but the solution to the innovation crisis, if there is one, lies not in technology but a new business model.
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