000 02658cam a2200277zu 4500
001 88871954
003 FRCYB88871954
005 20250107105106.0
006 m o d
007 cr un
008 250107s2019 fr | o|||||0|0|||eng d
020 _a9780262536875
035 _aFRCYB88871954
040 _aFR-PaCSA
_ben
_c
_erda
100 1 _aRobinson, Mark Dennis
245 0 1 _aThe Market in Mind
_bHow Financialization Is Shaping Neuroscience, Translational Medicine, and Innovation in Biotechnology
_c['Robinson, Mark Dennis']
264 1 _bMIT Press
_c2019
300 _a p.
336 _btxt
_2rdacontent
337 _bc
_2rdamdedia
338 _bc
_2rdacarrier
650 0 _a
700 0 _aRobinson, Mark Dennis
856 4 0 _2Cyberlibris
_uhttps://international.scholarvox.com/netsen/book/88871954
_qtext/html
_a
520 _aA critical examination of translational medicine, when private risk is transferred to the public sector and university research teams become tech startups for global investors.A global shift has secretly transformed science and medicine. Starting in 2003, biomedical research in the West has been reshaped by the emergence of translational science and medicine?the idea that the aim of research is to translate findings as quickly as possible into medical products. In The Market in Mind, Mark Dennis Robinson charts this shift, arguing that the new research paradigm has turned university research teams into small biotechnology startups and their industry partners into early-stage investment firms. There is also a larger, surprising consequence from this shift: according to Robinson, translational science and medicine enable biopharmaceutical firms, as part of a broader financial strategy, to outsource the riskiest parts of research to nonprofit universities. Robinson examines the implications of this new configuration. What happens, for example, when universities absorb unknown levels of risk? Robinson argues that in the years since the global financial crisis translational science and medicine has brought about ?the financialization of health.?Robinson explores such topics as shareholder anxiety and industry retreat from Alzheimer's and depression research; how laboratory research is understood as health innovation even when there is no product; the emergence of investor networking events as crucial for viewing science in a market context; and the place of patients in research decisions. Although translational medicine justifies itself by the goal of relieving patients' suffering, Robinson finds patients' voices largely marginalized in translational neuroscience.
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