The Profits of Nonprofit


The surprising results when drug development and altruism collide

In the beginning, they called her a fool. When pharmaceutical chemist Victoria Hale told friends and colleagues that she wanted to start a nonprofit pharma company, they laughed at her, said it was career suicide, that it couldn’t be done.

“About 90 percent said that in strong or gentle words,” recalls Hale, who had previously worked at the US Food and Drug Administration and Genentech. “But I knew I wanted to try.” [...]

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Volume 25 | Issue 1 | Page 54
Date: 2011-01-01