Category: Economics

How Stanford Hides Conflicts of Interest

THERANOS’ DOWNFALL was perhaps the first time that Stanford’s ties with Silicon Valley received some much-needed criticism—the company’s disgraced founder, its first board member, many of its employees, and a good deal of its prestige had all come from Stanford. The whole affair became a testament to the scale and importance of our community’s involvement with the corporate world, and it inspired the Sphere to take a closer look at Stanford’s ties to the biotech industry. But we didn’t just discover the scale of these ties: we found ourselves before an alarming lack of accountability when it comes to keeping research and financial interests separate.

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