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United States: Ethics for the Life Science Company: Old Traditions Meet the Brave New World
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29 January 2004

In these post-Enron times, ethics – especially corporate ethics – has become a buzzword in the business community. Ethical inquiries into what is "right" for a business and what is "good" are no longer simple academic exercises. Instead, as corporate ethics comes under increasing public scrutiny, doing well in business tends to include both doing what’s right and doing what’s good.

Companies in the life sciences face the same corporate ethics concerns as other businesses. In addition, though, the very nature of the life sciences industry entails an additional level of ethical reflection. Life sciences companies concern themselves with technologies derived from and relating to life itself, whether on the nano-level or the macro-level. These companies hence have to reckon with matters of bioethics as well as business ethics. Companies in this industry are generally young and fast-growing, fueled by fast-paced scientific discovery....
 
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