MIMM 387 Lecture : march 9 2012.docx

41 views3 pages

Document Summary

Spent 20 years of his life identifying erythropoietin. He was working at the university of chicago, and neither he nor the university realized the potential of erythropoietin (became a huge drug of the 80s and 90s). At its peak it was selling at 8 million a year; largest selling drug on the planet. So his lab received no financial benefit or recognition. It was taken over by amgen who made it in large amounts (gene splicing) and sold it. This is an example of what you really do not want to happen; not realizing what you have in the laboratory and not developing it properly. In the 1960s, good universities would generally not hire people who worked in industry. There was a lack of communication between private industry and university. The broadest patent ever issued was for gene splicing; attracted the interest of bob swansen (entrepreneur).

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

Related Questions