The Ledger
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Means: Healthcare VCs fund repackaged existing drugs instead of true disruption
“I talked to a lot of esteemed healthcare VCs and they think innovation is putting a millennial pink package on Viagra and shipping it to people more conveniently. They think that innovation is like better UX on medical records. You know, you look down the list…”
Parr: BlueChew Bootstrapped to $200M in Sales After Viagra's Patent Expired
“I don't know how big they are, but I'm pretty sure they're between a 102 hundred million dollars a year in sales, and they entirely bootstrapped this company starting in 2017, and it was because of that patent that expired, and they built this business because…”