Remove 2010 Remove Budgeting Remove Ethics Remove Health Care
article thumbnail

Big Pharma's Hidden Business Model and How Your Company Funds It

Harvard Business Review

The study assembles considerable evidence about the hidden business model of major pharmaceutical companies: to devote most of their research budget to developing hundreds of drugs that provide few if any advantages over existing drugs and then market them heavily to doctors and patients. See The Risks of Prescription Drugs (Columbia 2010).

article thumbnail

How the New U.S. Tax Plan Will Affect Health Care

Harvard Business Review

It will mean less health insurance for individuals; less coverage for elderly and poor Americans; less revenue for doctors, hospitals, and myriad health care businesses; and, quite possibly, a less-healthy, less-productive workforce. Many will also lose health insurance. Precipitous cuts, however, could be damaging.