Word: schwind
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...Schwind, the Med School's administrative dean for planning, tells a slightly different story. She says the investment firm asked for too many floors in the Institutes at a time when Med School faculty and the Harvard-affiliated hospitals are desperate for new research space...
...Schwind also says there was concern over whether Healthcare Investment could find new biotech companies willing to use the Institutes as an incubator during a time when the biotech industry was in a slump...
...contradiction between Schwind and Littechild, who should have their stories straight? Sources at the medical area suggest that ethical questions about the project may have been the deciding factor in the school's decision to kill it (though Schwind vigorously protests the suggestion...
Still, the idea of the Institutes is not dead yet, according to Schwind. "Probably, for this project, we won't have the outside companies," she says. "But we remain very open in the future to similar projects...
Asked about these criticisms, Schwind argues that Harvard's conflict of interest policy would prevent the sorts of abuses seen at other schools. And to a point, she is right. Harvard is not yet the University of Minnesota, which has patented a drug and built a special facility to manufacture...