In November 1993, Dr. Richard Lerner, president of Scripps Research Institute, is faced with the problem of maintaining the financial and scientific viability of the organization. The proposed joint venture with Sandoz has attracted considerable criticism. Meanwhile, a new proposal for clinical trials are intriguing possibilities. Learning Objective:. To understand how the federal policy directly and indirectly generates high-tech industries, to examine the financing of new enterprises in the non-profit research organization, and the cost of the proposed new company "Hide
by Josh Lerner Source: Harvard Business School 28 pages. Publication Date: November 21, 1994. Prod. #: 295068-PDF-ENG
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