Word: biogen
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Dates: during 1980-1989
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...powerful lure for faculty and potential faculty. The new commercial venture could act as an incentive for professors to stay here, rather than venture into the for-profit world as Professor Walter Gilbert did in 1980 when he resigned from the faculty to work at Biogen. And Harvard's plan could play a more noble role by accelerating the development of important medical cures and technologies...
...Harvard underwent a series of wrenching crises to thrash out its policy toward industry. President Bok's plan to accept stock in a professor's biotech company was rejected by the Faculty, while University Professor Walter Gilbert had to resign his post in order to pursue his private business, Biogen. Out of this period came the detailed faculty research policy that still rules today...
...returning to Harvard as a lecturer the following year. Ten years later he was tenured after climbing from assistant and associate professorships. In 1980 Gilbert won the Nobel Prize for chemistry and in 1982 he resigned from Harvard so he could assume his full-time duties as head of Biogen, a biotechnology firm...
...left his Biogen post and returned to Harvard, whereupon his tenure was restored and upgraded this year to a University professorship. Earlier this year Gilbert also assumed the chairmanship of the Department of Cellular and Developmental Biology...
Under a long-standing Harvard rule that professors could only spend one day of the week on outside work, Gilbert had to resign his professorship to head the Cambridge-based Biogen. He says that nothing of the sort will happen with his new company...