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Posts tagged with "Business and Markets"

  • Business and Markets

    Mismeasure for Mismeasure

    While I’m on the subject, there’s another problem with employee rankings, one that doesn’t just apply to research organizations. I first came across a statement of it while reading Bill James, who showed how it applies to baseball teams when they decide whether to bring in some veteran player to hold down a position or… Read More
  • Business and Markets

    Measure for Measure

    As a follow-up to my post about over-quantification, I should really mention one of the things that managers in research organizations would most love to measure: their employees. How good are they? How productive are they? How do they rank, from one to thirty-eight? The problem is, there’s no good way to measure any of… Read More
  • Business and Markets

    What Sort of Number Did You Have in Mind?

    There’s a good article by Leandro Herrero in the October issue of Scrip magazine (no online content without a subscription.) He’s teeing off on the overuse of numerical measures in the drug industry (and industry in general:) “Your business education and experience tell you that if you can’t measure, you can’t manage.… Read More
  • Business and Markets

    O Brave New Market, That Has Such Medicines In It

    I mentioned that Amgen had a rough time with their leptin program, but there are people who benefit tremendously from the protein. There are some people (very few, actually) who are similar to the ob/ob mouse, in that they have a mutation in their leptin protein gene. They tend to have a lot of metabolic… Read More
  • Business and Markets

    Bad News at a Bad Hour of the Night

    10:30 PM Eastern time, to be exact. That’s when Schering-Plough released their unwelcome news that they’re not going to be making nearly as much money as they’d been letting on they would. They had an all-day session with analysts last Thursday, but only got around to laying the egg after everyone had gone home. Wall… Read More
  • Business and Markets

    Caveat Lector

    Mentioning that interview brings something else to mind: the state of most public information about various drug companies, their pipelines, and their prospects. I’m not just talking about how mixed-up many popular press stories get (that’s a subject for another day, though.) This is sort of a sequel to the August 26th posting (“M… Read More
  • Business and Markets

    Muddying the Water For Fun and Profit

    I’ve been meaning to comment on some recent reports in the Wall Street Journal about the lengths that stock analysts have gone to get information on clinical trials. The main example was one David Risk of Sterling Financial (primarily a short-selling outfit, and quite sceptical of official company information.) Back in February, he signed on… Read More
  • Business and Markets

    Back For Some More

    Well, I’m back from a few days vacation with the kids. If there was any major science story breaking in the news, I sure didn’t hear about it. Not that I could hear very much over the background level of my 2- and (almost) 4-year-olds, mind you. Tomorrow, I can already tell, will be one… Read More
  • Business and Markets

    Marketing Ueber Alles

    The Wall St. Journal’s “Heard on the Street” column today made the case that Pfizer’s expansion isn’t really about scientific research. It’s about marketing. They’ll have a monstrously huge sales force, a big advertising budget, and so on. The article makes many of the same points that I’ve been harpi… Read More
  • Business and Markets

    By Any Other Name

    Is it just me, or does it seem a little odd that there was no doubt about what the Pfizer-Pharmacia merged company would be called? Recall that Sandoz and Ciba-Geigy threw two well-established brand names out the window to become Novartis. And Aventis had no choice when it formed; it was such a mouthful that… Read More
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