Show Me the Money: Which Venture Capitalists Are Buying Biotech

On August 25, 2009

In Pfizer-Wyeth Merger Suit, It’s Capitalism v. Socialism

The suit filed by various pharmacies to block the Pfizer-Wyeth merger is worth reading if you want to put in context the sheer size of the merger. It also delineates a faux conflict between the forces of capitalism (pharmacies) and socialism (drug companies).
On August 25, 2009

The Success Trap

Recently, my wife and I went to one of our favorite restaurants in Half Moon Bay, California. The experience wasn't what we remembered; we waited 30 minutes past our reservation before we were seated, and another 15 minutes for bread and water to appear.  I started to reflect on how common such experiences are - and not just in restaurants. Few businesses are able to avoid the "success ruins everything" syndrome. Some firms overexpand and fail to maintain consistent standards, a fate that has befallen numerous restaurants and celebrity chefs that have spread themselves too thin. Others lose sight of their quality and performance standards in the push to grow quickly. Toyota, which built its reputation and economic success on...
On August 25, 2009

Autopsy: Steven Cohen and the Ad Boycott That Ended His Career

The news that Steven Cohen has lost both his Fox Soccer Channel TV show and his Sirius XM radio show following an advertiser boycott urged by Liverpool F.C. fans does not sit comfortably with me. As a journalist (of sorts), it is always worrying when someone is literally driven off the air because a powerful segment of his audience disagrees with what he has said.
On August 25, 2009

FDA Warning Ushers GSK’s Alli Toward Graveyard of Failed Obesity Products

What the FDA giveth Glaxosmithkline's Alli, it can also taketh away. It was just last month that GSK launched a flight of ads for its weight loss drug boasting "Lose weight the FDA aproved way." On Monday, the FDA warned doctors and consumers they were probing a link between the drug and liver damage.


On August 25, 2009

Women Find Success Creating Businesses

Lisa-Marie Grillos and Heather Sanders are no strangers to what it means to be an unintentional entrepreneur. “I could not find anything,” said Grillos. “It’s really frustrating, it’s hard to be heard when there’s 100, 200 people trying to get the same job.” With her brother she launched Hambone Designs; selling bicycle bags of [...]