338 karma · joined May 30, 2019
The grey area here is from lack of foundational knowledge surrounding these cells, and your assumptions aren’t useful (nor are they likely, I suspect, to hold). For example, we have no idea if these cells were originally provided to the lab under an MTA, nor any restrictions placed by the funding source.
> Keeping them is just like me keeping my notebooks when I move, even if I haven't finished solving the equations therein.
This is not a grey area: lab notebooks and lab data are generally speaking the property of the lab. The proper procedure is to request permission to create a copy of them when you move to a new institution. Check your university’s IP policy, it should be the governing rule set.
The Boston Herald article linked by another commentator suggests that in at least one element this case fits the pattern of others that have been appearing: the accused is receiving funds from the Chinese government under an ostensible scholar program. In some of the other cases, such as with the Thousand Talents program, the scholars signed contracts that agreed to disclose or assign IP only to the Chinese institutions, conceal the source of funding for studies (both to journals or funding agencies), or agree to work at the Chinese institutions in excess of the norms for visiting appointments. The Thousand Talents program and others like it are a coordinated, calculated, and deliberate effort run by the Chinese government, not the accidental missteps of some aloof academics.
For the sake of argument, could Musk’s statement, along with his very public insistence of being actively engaged in the design process, demonstrate a cavalier disregard for proper safety engineering at the management level (outside acceptable industry practice) and so a defective process?
Over the long haul an electric car should be superior in total lifecycle emissions relative to a comparable ICE or hybrid, but Tesla’s questionable initial build quality (reworks figure into total emissions!) and odd design choices (like needing to replace the flash unit for the MCU, semiconductor manufacturing is highly polluting), I would question the “greenness” of Tesla in comparison to other makes.
That said, overall it feels unproductive to focus only on a car when thinking about the total impact of oneself on the environment. Someone who drives a brand new Tesla, lives in a single family home, and eats steaks every night I would guess has a larger impact than someone who drives a used Corolla, lives in an apartment, and eats lentils every night. Personal transportation matters, but it’s a part of a larger whole that’s about consuming much less.
If you want to have a decent shot at getting funding from biotech VCs, the team overall needs experience in biotech AND startups, and the less experience the founder has in biotech the more the team will require to compensate for the deficiency. And vice versa for business experience, a freshly minted PhD is going to need team members with significant biotech BD experience.
A PhD or MD counts towards experience in biotech. MS + years of industry experience also counts, as would BS + many years of industry experience.
A PhD is nice because because it demonstrates deep experience in a narrow field plus an understanding of context. The context part is key. Autodidacts tend to miss out on the context, and their learned knowledge tends to be more fragile as a result, so there is a slight bias towards advanced degrees.
Insufficient experience is a hard no for biotech. Nobody wants to see another Theranos, and notably biotech VCs didn’t put any money into Theranos. We’d like to keep it that way.
The suggestion was sadly too long by 6. I’ve gone with “Congress asks if developing slightly fewer medicines is OK if it lowers prices”.
If there is ever a nuclear apocalypse, the giant mutant cockroaches that survive will be driving around in style in 80’s diesel Mercs.
With the benefit of hindsight? I suspect you are correct. But pharma portfolios operate on the lognormal success model of VCs. Without the blockbusters, you can’t fund “development” of the failures that could lead to another blockbuster. (Of course, much if large pharma R&D is by way of strategic partnership and acquisition.)
As to your pricing of the Humira acquisition: I personally would have included some consideration to the existing market exclusivity of the drug. The transaction price is unlikely to be just the “replacement cost”.