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Time to End Roundtripping by Big Pharma

Sometimes a news story makes your case for you. That happened this past week, when the Wall Street Journal published a remarkable story on surging U.S. imports of peptides and protein-based hormones from Ireland. Chelsey Dulaney and Jared Hopkins wrote: “Planes have been jetting from Ireland to the U.S. this year carrying something more valuable than gold: $36 billion worth of hormones for popular obesity and diabetes drugs … The peptide- and protein-based hormones feed into a category of drug

The Day Novartis Chose Discovery

In 2002, Mark Fishman walked into a glass building in Cambridge with an unusual assignment: to turn the Swiss pharmaceutical company, Novartis, into the world’s greatest therapeutics research firm. More unusually still, Fishman was — at least on paper — precisely the wrong man for the job. The Harvard cardiologist had spent his career studying zebrafish hearts and teaching medical students. He had no pharmaceutical experience and no business training. And yet, Daniel Vasella — the physician-tur