Though Lorell will not have any official university duties after Nov. 1, she said she will continue research at her basic science lab.
Guidant Corporation will be gaining a very valuable resource in Lorell, according to Baughman.
“It is a loss for Harvard but at the same time, that is what places like Harvard do—they train people to lead in industry, government, academia,” he said. “She’s fulfilling the mission.”
Guidant has major operations in the U.S., Europe and Japan, but markets its products in almost 100 countries.
Its 2002 Annual Report declared $3.2 billion dollars in sales and a net income of $612 million.
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