Remove 2006 Remove Biotechnology Remove IPO Remove Management
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When a Product Fails, Find a New Direction

Harvard Business Review

Having observed management teams for decades as a mutual fund and portfolio manager, I have watched numerous companies vanish after a disastrous launch of a product or service. Cephalon's IPO was in 1991, part of the second wave of biotechnology companies to sell shares to the public. What do you do next?