Word: profiteered
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...can’t Harvard act more like “Big Pharma”? Ordinarily, it would seem strange to push Harvard to follow the lead of a for-profit corporation like GSK. The influence of pharmaceutical companies at universities is a controversial topic. We are often rightly cautioned that becoming too closely tied with industry may lead us to lose sight of our public interest mission. Yet when a major pharmaceutical company takes the lead in promoting access to medicines in developing countries, following Big Pharma would bring us more in line with our own core values...
...appealing for donors seeking to fund university research. For example, in the year following UBC’s implementation of its global access policy in 2007, UBC increased the number of new technologies licensed, industry funding remained steady, and research funding from all sources, including government and non-profit, increased by over 15 percent...
...School—located in the Roxbury neighborhood of Boston. Representatives of G. Greene construction Co. could not be reached for comment. Members of the Medical School’s security office declined to comment on the vandalism. The building also houses Partners in Health, a Harvard-affiliated non-profit organization, but both the Department of Global Health and Social Medicine and Partners in Health are temporarily located at the Prudential Tower in downtown Boston for the 2008-2009 academic year due to the ongoing renovations. —Staff writer Emily J. Hogan can be reached at ejhogan@fas.harvard.edu...
...What might be behind that? Could it be that large companies-more likely publicly traded-are quicker to bow to the pressure of profit-seeking shareholders? Or that big companies are more likely to be in certain industries (such as manufacturing) that get hit harder in recessions...
...negative convinced that the better data coming out of China are as meaningful as they appear. Take, for example, the record level of loans, which some argue won't stimulate growth as much as expected. There are signs that some borrowers, for example, are trying to turn a quick profit by capitalizing on differentials in interest rates. The loan growth may also not be sustainable, as government concerns about rising nonperforming loans could lead to reduced lending in coming months. "Given the sharpness and severity of the recent slowdown, the recovery path is likely to be volatile as well," wrote...