Hirasaki: Immuno-Oncology Acquisitions Occurred Before Human Clinical Data
Koki Hirasaki · What’s with All the Bio M&A in 2019?: A Quick Take · Feb 28, 2019 · at 13:28
Koki Hirasaki of Andreessen Horowitz points out how intense market competition drove pharmaceutical companies to acquire oncology startups at early pre-clinical or Phase 1 stages.
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“Now, there are some areas of clear exception. So, so very competitive hot areas like oncology, immuno-oncology over the last few years. You've seen this shift in acquisitions earlier on. In, in phase one, and actually even earlier just because it was so competitive, and that was a very strange phenomenon because people were really making large bets in absence of any human data.”
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