Biotechnology Industry

topic on 4 shows · 4 statements across 4 episodes

No Priors Capital Allocators How I Built This the a16z Podcast

4 statements about Biotechnology Industry, every show

NO PRIORS Assertion Not checkable as stated
Gil: One Top Biotech VC Shipped Zero Drugs In 20 Years
“There are certain venture funds that have done incredibly well financially in pharma, where there's one in particular I can think of that never shipped a drug. Until the COVID era, and they were in business for 20 years. And they made all this money, and they …”
Elad Gil Aug 3, 2023 ▶ 28:02 No Priors Ep. 26 | With Weights & Biases CEO Lukas Biewald
Wong: Biotech needs optimization of existing modalities, not new ones
“And I actually think that we don't need to increase the number of modalities at all. If we just focused on improving what we have, this new updated list, I think that would last the industry 10 to 20 years.”
Rod Wong Apr 24, 2023 ▶ 52:45 Rod Wong – Empty Rooms: Innovation in Biotech at RTW (Capital Allocators, EP. 310)
Solomon: Bridging animal testing to humans is biotech's biggest challenge
“Understanding how to bridge the gap between the human immune response and the way that drugs are being tested in animal models. Is, I believe, the biggest challenge that the biopharma and biotechnology industry should face and will face in the coming, ah, deca…”
Noam Solomon Dec 22, 2022 ▶ 11:07 HIBT Lab! Immunai: Noam Solomon
a16z Assertion Supported
Conde: Seven of top ten selling drugs are protein-based
“The emergence of the biotechnology industry gave us the ability to coax organisms to make proteins for us, and as a result, seven of the top 10 selling drugs today are protein-based drugs.”
Jorge Conde Dec 15, 2017 ▶ 10:49 Challenges in Healthcare Innovation

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