Futch: Healthcare royalty diligence eliminates binary risks to focus on commercial risk
Clark Futch · Clarke Futch – Healthcare Royalty Partners (First Meeting, EP.20) · Jun 1, 2020 · at 20:48
Clarke Futch, co-founder of Healthcare Royalty Partners, explains his firm's framework for evaluating biopharmaceutical royalty opportunities.
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“Those three risks, the patents, manufacturing, and regulatory, are really what we view as potential binary risk. So if the product For safety reasons, gets pulled from the market because it's, have some significant side effect. That's a problem for us because no sales means no royalties. Our process, which we've refined and honed over now quite a long time, is designed to weed out those potential binary risks. And that leaves us with the one remaining risk, which is commercial risk.”
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