Word: researchers
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...China investments will be massive. The company, which has spent $1.6 billion in China since 1979, plans to invest $2 billion in growth over the next three years. (Last year, Pepsi announced a $1 billion investment in China over the next four years.) Coke opened a $90 million research center this year in Shanghai, where it has developed new products like the grape, lemon and mixed-fruit flavors added to the Chinese version of Minute Maid, a pulpy fruit drink known as Guo Li Chen...
Kleinman added that Eisenberg was “extraordinarily generous in assisting young scholars in finding financial support for their research and projects,” and that he pushed to improve ethical standards at the Medical School...
...After obtaining patents, Harvard licenses a number of the technologies it develops in its labs, such as organic compounds, vaccines, and diagnostics, to biotech and pharmaceutical companies for development into finished products. At present, there is no institutionalized mechanism to guarantee that drugs created from university research can be produced generically. Allowing generic production breaks the temporary monopoly a pharmaceutical company holds on a product that is guaranteed by its patent. With more companies able to produce a product, free-market competition drives down its price, and as its cost decreases, more people gain access to the drug. At present...
...world-leading research institution, Harvard is obligated to use the fruits of its labs to benefit those in need, regardless of their ability to pay. Harvard should measure the value of its research not by its profits but by the number of people whose lives it saves...
...know their product on an up-close and personal basis. Unfortunately, everything I had to offer was everything they didn't care about. I had the wrong car, I had the wrong watch, I had the wrong shirt, I had the wrong shoes. In the process of doing that research I figured out how ill equipped I was to interact with that very narrow sliver of American society...