News Brainstorm Health: New Genentech CEO, IBM Blockchain Initiative, Profiting...

Brainstorm Health: New Genentech CEO, IBM Blockchain Initiative, Profiting Off Climate Change,


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Pharma companies’ plan to profit off climate change. Axios, Bloomberg, and others report that major companies, particularly in the pharmaceutical space, are beginning to consider the upside of climate change for their businesses (others are, understandably, extremely concerned). Firms including AbbVie, Eli Lilly, and Pfizer have explicitly noted that the effects of climate change (including the increase of infectious diseases and waterborne illnesses) could boost product demand and their bottom lines. Some might say that’s simply prudent and realistic business planning in the face of a global threat; others may have, well, a different reaction. (Axios)

Source: Fortune


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