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#331 – Balaji Srinivasan: How to Fix Government, Twitter, Science, and the FDA
Lex Fridman Podcast
The pharmaceutical industry's reputation crisis and fundamental changes in corporate culture
Pharmaceutical companies are between a rock and a hard place because their reputation is ruined on social media. This is due to the power of the FDA, which demands compliance from drug companies. In order to stay in business, Rob had to transform Abbott's culture to be more compliant, even firing officials who weren't cooperative enough. This has led to de facto nationalization of the industry.
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