Pharmaceuticals - Publications - Faculty & Research

September–October 2020
Article

Social-Impact Efforts That Create Real Value

Until the mid-2010s few investors paid attention to environmental, social, and governance (ESG) data—information about companies’ carbon footprints, labor policies, board makeup, and so forth. Today the data is widely used by investors. How can organizations create... View Details

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22 Aug 2005
Research & Ideas

The Hard Work of Failure Analysis

the hospital quickly followed their example, finding the idea compelling and practical. In the pharmaceutical industry, about 90 percent of newly developed drugs fail in the experimental stage, and thus drug companies have plenty of... View Details

Keywords: by Amy Edmondson & Mark D. Cannon

13 Oct 2009
Research & Ideas

7 Lessons for Navigating the Storm

focused strategy that builds off your unique strengths. Step 4: Make vital investments during the downturn. Intel and Exxon offer evidence that you cannot wait to make vital investments you need to win in the emerging market. When it appeared growth was slowing in the... View Details

Keywords: by Martha Lagace

Research Summary

Career Histories and the Biotechnology Industry

Professor Higgins' other major project focuses on the consequences of individuals' career experiences for firms and industries. This second research stream centers on the careers of executives in the biotechnology industry.

Professor Higgins has written... View Details

15 Jun 2007
Research & Ideas

Remembering Alfred Chandler

Chemical and Pharmaceutical Industries. In his lifetime, he produced a range of books, edited collections, and articles covering railways, management, global competition, anthracite coal, the career of Alfred P. Sloan, the nature of... View Details

Keywords: by Sean Silverthorne

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Harvard Business School

for the United States Supreme Court. After HBS, he worked as an investment banker with White Weld & Co., and served as assistant treasurer for Celanese Corporation. He went on to other manufacturing companies, including Valeant View Details

September 2013 (Revised August 2015)
Background Note

Leadership and Teaming

By: Ethan Bernstein

Small differences in the leadership of teams can have large consequences for the success of their efforts. Many initiatives fail not because of a fatal error in judgment or insufficient ideas, knowledge, motivation, or capabilities to deliver a solution. They fail... View Details

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May 2020 (Revised March 2022)
Case

The Coronavirus (COVID-19) Pandemic and the Global Economy (A)

By: Alberto Cavallo and Christian Godwin

In April 2020, the world struggled to contain the exponential escalation of the coronavirus (COVID-19) pandemic. Dozens of countries had imposed restrictions on travel, work, and social gatherings. A large share of the global population was under lockdowns and... View Details

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2024 Reunion Presentations - Alumni

traditional hospital, such as retail pharmacies, ambulatory surgery centers, urgent care centers, telemedicine, and wireless sensors. Public policy mirrored these changes by allowing access to telemedicine and pharmaceuticals by mail and... View Details

Profile

Arjun Goyal

always at the back of my mind.” HBS stood out for two reasons. “It has a great network of alumni and professors in the biotech and pharmaceutical fields — both in world-leading corporations and start-ups,” says Arjun. “And HBS has a... View Details

Keywords: Entrepreneurship; Health Care

25 Apr 2005
Research & Ideas

New Learning at American Home Products

pharmaceutical companies in 1984, American Home Products ranked first in sales and twenty-eighth in R&D expenditures as a percentage of sales.23 As the historian Williams Haynes noted, by the end of the 1930s, American Home Products... View Details

Keywords: by Alfred D. Chandler Jr.; Pharmaceutical; Pharmaceutical; Pharmaceutical; Pharmaceutical

10 Sep 2008
Research & Ideas

Long-Tail Economics? Give Me Blockbusters!

you can make money in many creative industries by selling specialized products to niche markets identified via the Internet. For example, the new CEO of GlaxoSmithKline, the pharmaceuticals giant, likens the search for blockbusters to... View Details

Keywords: by John Quelch; Pharmaceutical; Pharmaceutical

12 Dec 2022
Research & Ideas

Buy-In from Black Patients Suffers When Drug Trials Don’t Include Them

Moderna, a pharmaceutical company, announced in September 2020 that it would slow enrollment of its COVID-19 vaccine trials to better improve representation. The majority of study participants were white, although COVID-19 was... View Details

Keywords: by Scott Van Voorhis; Pharmaceutical; Pharmaceutical

Profile

Avi Kremer

He can no longer walk, talk, or swallow, but Avi Kremer (MBA 2007) won’t let that slow down his pursuit of a cure for ALS, a progressive neurodegenerative disease. As founder of Prize4Life, the nonprofit he launched in 2006 with HBS classmates and professors, Kremer... View Details

Keywords: Health Care; Entrepreneurship

Profile

Janet Simpson Benvenuti

Caring for her aging parents led Janet Simpson Benvenuti (MBA 1985) to launch a company that helps other families find resources that are right for their own parents’ needs. View Details

Keywords: Health Care; Nonprofit / Government; Energy / Extractive Minerals; Manufacturing

Richard L. Gelb

Gelb orchestrated Bristol-Myers' successful acquisition of Squibb creating the second largest pharmaceutical company in the world. In diversifying Bristol-Myers from a personal care company to pharmaceutical... View Details

Keywords: Healthcare

William Steere, Jr.

Steere was strongly devoted to making Pfizer the number one pharmaceutical company in the United States. His first task at the pharmaceutical company was to cut the 40% of its business that was unrelated to... View Details

Keywords: Healthcare

Fast Answer

Biotech and Pharmaceuticals: R&D spending, production cost

Where to find biotech and pharmaceuticals R&D spending and product cost data? Bloomberg – use BI function to locate R&D spending data Cortellis - special database on pharmaceuticals... View Details

Fast Answer

Biotech, Medical devices, and Pharmaceuticals: regulatory information

and Pharmaceuticals / Biotech Biotech ABA’s Biotechnology and the Law - written for practicing lawyers, is... View Details

Henry Wendt

In his term as CEO of the pharmaceutical giant, Wendt focused on a “3 point strategy” to help strengthen the business. His strategy consisted of increasing support of SmithKline’s best products, such as Tagamet, weeding out other... View Details

Keywords: Healthcare

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Social-Impact Efforts That Create Real Value

The Hard Work of Failure Analysis

7 Lessons for Navigating the Storm

Career Histories and the Biotechnology Industry

Remembering Alfred Chandler

Harvard Business School

Leadership and Teaming

The Coronavirus (COVID-19) Pandemic and the Global Economy (A)

2024 Reunion Presentations - Alumni

Arjun Goyal

New Learning at American Home Products

Long-Tail Economics? Give Me Blockbusters!

Buy-In from Black Patients Suffers When Drug Trials Don’t Include Them

Avi Kremer

Janet Simpson Benvenuti

Richard L. Gelb

William Steere, Jr.

Biotech and Pharmaceuticals: R&D spending, production cost

Biotech, Medical devices, and Pharmaceuticals: regulatory information

Henry Wendt