Martin Shkreli became the Internet villain of the fall (some publications used much harsher language) when his company, Turing Pharmaceuticals, acquired the rights to Daraprim, which treats a condition called toxoplasmosis — and promptly raised the per-pill price from $13.50 to $750. The move was entirely legal, but a bipartisan U.S. Senate committee is looking into what one senator called "price gouging" in the industry.
Entrepreneurs beat long odds when they launch a company, scale it up and sell it to investors. Jason Cohen ’96 has done it five times in 15 years.
The INFORMS Society for Marketing Science (ISMS) has named marketing PhD student Seoungwoo Lee of the University of Maryland’s Robert H.
In this edition of Smith Business Close-Up, host Jeff Salkin visits the Smith School to sit down with Martin Dresner about his new research that shows the upsides of baggage fees: not just improved the bottom lines for airlines, but also better on-time records and fewer customer complaints about lost bags.
Black Friday in 2015 is increasingly symbolic. “While the day after Thanksgiving still holds special significance in the U.S. retailing industry, retailers are increasingly drawing shoppers to other options in terms of time and venue for deep discounts,” Smith School professor Jie Zhang says. Read more...