FierceBiotech | John Carroll
A lot of cash on hand can help
tremendously, of course. But at this stage, who in this business hasn't seen
billions incinerated in pursuit of sheer folly? Far more influential is the
savvy executive who can marshal experts as well as financial resources in
pursuit of a smarter, better, faster way to develop and market important new
drugs. And intelligent research
strategies are far more rare than we acknowledge.
You'll find some here in our
second annual report on the 25 most influential people in the industry (find
last year's report here).
Success also helps achieve
influence, but this isn't a roster of who had the most new drugs approved or
earned the biggest bonus. We've singled out the men and women who have made
their impact felt on a broad number of industry players. So that means including
an experienced R&D executive who started as a clinical scientist and today
helps point the way for all developers when it comes to new and better cancer
drugs. There's a regulator whose influence has been felt at every company
planning to market a major new drug in the next 10 years. Showing leadership in
research as well as commercialization--rarely seen in any one executive--helped
one CEO get on the list after 25 years of patient labor.
One magnate can shift a new
technology into the spotlight with little more than a smile and a nod. Another
looks to create the national foundation for biotech, with an eye to building an
industry for a generation by focusing on some of the most audacious cutting
edge research in the world. Several CEOs made the list by adopting a
particularly aggressive strategy, moves that have improved valuations for many
companies while raising the ante for others to play in some of the biggest
games in drug research. And by single-mindedly focusing on assets, several have
influenced a generation of executives looking for a winning strategy.
Some of these influentials are
smooth. Others are rough. All of them will have to be reckoned with in one way
or another.
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25 Dr. Janet Woodcock - FDA, CDER
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