Should Eli Lilly Acquire Walgreens? Should Novo Nordisk?
A Modern Synthesis
Different strategy starts with different questions.
Healthcare in the United States is a $4.3 trillion carnival of markets managed by mental fantasy: the idea that any one piece can be isolated from its context and measured with precision.
“The method of freezing the frame, and including in it only measurable moves, works well enough in the analysis of in…
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