The Ledger
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Wickramasekara: Major pharma increasingly licenses drug molecules from China
“We've seen this huge uptick in pharma going to China and buying molecules that they typically would have bought from American biotechs.”
Wickramasekara: GLP-1s will probably be the best-selling drugs of all time
“And then all of a sudden, like we have this category defining medicine that's going to go on to probably be the best selling drug of all, all time.”
Wickramasekara: Prescription drugs account for 9% of US healthcare spending
“I think nine percent of healthcare spent, prescription drug sales are nine percent of healthcare spending in the U.S.”
Wickramasekara: J&J's cancer drug Carvykti originated from China's Legend Biotech
“Johnson and Johnson partnered with a Chinese biotech called Legend Biotech... They've taken it, and it's a, it's actually a cancer immunotherapy... For multiple myeloma. And like that, that medicine is very commercially successful and widely distributed in the…”
Wickramasekara: The core science behind GLP-1s has existed since the 1990s
“And so, but the core science for GLP ones was kind of sitting on the shelf in some sense, like it's been known since like the nineties.”
Wickramasekara: Eli Lilly launched TuneLab to share AI models via federated learning
“Eli Lilly put out this announcement about a project they have called TuneLab, where they're taking their internal models and making them available to the broader scientific ecosystem. So a farmer company is saying, hey, you can use our models, but it's give to…”