Kindler backs a 10-person virtual pharma company generating $150M EBITDA
Jeff Kindler · a16z Podcast | Move Fast But Don't Break Things (When It Comes to Computational Biology) · Jan 2, 2019 · at 17:39
Jeff Kindler, former Pfizer CEO and healthcare investor, describes how virtual pharmaceutical models operate with extremely high efficiency by outsourcing major functions.
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“So for example, I'm an investor in a specialty pharma company that has about a hundred and fifty million dollars of EBITDA and it's got 10 employees because it never built that infrastructure because like my movie analogy, it puts together each deal as it needs it with contract research, contract manufacturing, contract sales, and so forth.”
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