Abstract
This paper examines one nascent entrepreneurial endeavour intended by Canada’s Stem Cell Network to catalyze the commercialization of stem cell research: the creation of a company called “Aggregate Therapeutics”. We argue that this initiative, in its current configuration, is likely to result in a breach of public trust owing to three inter-related concerns: conflicts of interest; corporate influence on the university research agenda; and the failure to provide some form of direct return for the public’s substantial tax dollar investment. These concerns are common to many efforts to commercialize academic science but are rendered particularly acute in this case given the therapeutic promise of stem cell research and the considerable number of resources related to stem cell research in Canada, which Aggregate Therapeutics is expected to pool. We do, however, believe that the company can be altered to guard against a violation of the public’s trust, and so we present concrete modifications to its structure, which we contend should be given immediate consideration.
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Matthew Herder is a candidate for the Master of the Science of Law (JSM) degree at Stanford University. Prior to undertaking his studies at Stanford, Matthew completed LLM and LLB degrees at Dalhousie University, clerked at the Federal Court of Canada and articled at McCarthy Tetrault LLP in Toronto, Ontario. Matthew is also a member of the Novel Tech Ethics research team at Dalhousie University.
Jennifer Dyck Brian is a Ph.D. student in the Bioethics, Policy, and Law program at the Center for Biology & Society at Arizona State University. Previously, Jennifer worked as research assistant at the Consortium for Science, Policy, and Outcomes at ASU, Wellesley College, and with the Novel Tech Ethics research team at Dalhousie University. Jennifer completed her undergraduate degree at the University of Western Ontario.
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Herder, M., Brian, J.D. Canada’s Stem Cell Corporation: Aggregate Concerns and the Question of Public Trust. J Bus Ethics 77, 73–84 (2008). https://doi.org/10.1007/s10551-006-9294-z
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DOI: https://doi.org/10.1007/s10551-006-9294-z