Pande: Biotechs and pharma will eventually become data science companies
Vijay Pande · Shifting Risk Mindsets, from Tech to Bio · Apr 30, 2018 · at 2:20
Vijay Pande, General Partner at a16z Bio, discusses how data abundance and computational tools are changing the identity of biotech and pharmaceutical firms.
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“People point to AI and machine learning, but really that's, I think, just a surrogate for the fact that data is being used very efficiently, and we have so much more data, and we do have techniques that actually didn't exist before, but in many ways it's, ah, it's the data that makes things different, and that we see pharma companies and biotechs and startups taking themselves not as biotechs, but as eventually, I think, as data science companies, and that becomes, that's a very huge, ah, sort of mindset shift.”
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