McKinsey provides a lot of value for their clients, often at the cost of other people. The FDA stuff really got me going with biogen and their Alzheimer's drug, Adelhem. What is the relationship that McKinsey has with the FDA that allows this incredibly controversial drug to get approved where some board members were resigning because of it?
One of the most powerful private companies in the world is also one of the most secretive. Michael Forsythe is an investigative reporter for The New York Times and co-author of the new book “When McKinsey Comes to Town: The Hidden Influence of the World's Most Powerful Consulting Firm.” Forsythe joined Ricky Mulvey to discuss: - Why Fortune 500 companies pay millions of dollars for the firm’s advice - What “The Carnegie Way” meant for US Steel - McKinsey’s relationship with the FDA and what it means for drugmakers
Companies mentioned: X, BIIB, ALL, DIS, WMT, PNGAY
Host: Ricky Mulvey Guest: Michael Forsythe Engineer: Dan Boyd
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