Sunday, November 20, 2011

Steve Jobs and biotech

From within a post from Forbes titled Why Steve Jobs' Magic Doesn't Work In Medicine :

If we really want to talk about the biggest heroes of the digital age, we should always be starting with Robert Noyce, the Intel co-founder, or Jack Kilby, the physicist who won the Nobel Prize for his transistor work.

IPBiz notes that Noyce and Kilby were associated with the invention of the integrated circuit. Bardeen, Brattain, and Shockley won the Nobel Prize for the transistor.

Also within the article

The creation of the first statin drug for lowering cholesterol by Akira Endo, a Japanese scientist, which made no fortune for him but has also saved millions and made billions for Pfizer and AstraZeneca.

The text obliquely indicates that there was no "first mover" advantage in the statins. The article could have also mentioned the fate of the inventor of Lipitor. And, the text could have noted there was no "first mover" advantage for Xerox PARC.

cross-reference: Matthew Herper


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