article thumbnail

Technology Progresses When Business, Government, and Academia Work Together

Harvard Business

Manufacturers, on the other hand, value safety just as much as performance, so that they don’t have to add extra shielding to the battery that increases weight and diminishes overall efficiency. Draetta of IACS has found many of the same issues arise in pharmaceutical research.

article thumbnail

The Promise and Challenge of Big Data for Pharma

Harvard Business

Historically, the pharmaceutical industry has recruited SAS programmers who have executed well-defined analyses of clinical trials in a standardized, efficient manner. It will increasingly help government health agencies, payers, and providers to make decisions about such issues as drug discovery, patient access, and marketing.

Data 28
article thumbnail

Why It’s So Hard to Train Someone to Make an Ethical Decision

Harvard Business

Take the decision of Sam Waksal, the former CEO of the emerging biotechnology company ImClone Systems. Remaining efficient and productive overtook deeper reflection on the ethical implications of “selling” products to customers without their knowledge.

Ethics 28