15
Jan
2020
Atomwise and EQRx: Two Contrasting Strategies for the R&D Inefficiency Problem
Pharma innovation expert Bernard Munos captures the inherent inefficiency of drug development with two fascinating statistics he recently shared with me. First, for large pharmas, the average cost of developing a new drug (simply based on the total R&D costs divided by the total number of new drugs approved for sale) works out to about $5B per drug. It’s an... Read More
10
Jan
2020
Entering JPM20 With a Grounded, Yet Hopeful, View of Health Tech
Health tech seems balanced precariously between excessive optimism and excessive skepticism, between the promise that emerging technology is poised to disrupt health like it has so many other areas, and the painful recognition that many idealistic technologists misunderstood both the scientific and human dimensions of the inordinately complex problems to be solved in both health care services and the development... Read More
9
Jan
2020
Sanofi’s New CEO Captures Pharma’s Grounded View of Health Tech
Since taking over as Sanofi’s CEO in September, Paul Hudson has been blunt in his assessment of health technology decisions, and indecisions, made by previous management. Early in his tenure, Hudson took square aim at his company’s once-heralded $500 million collaboration with Verily on Onduo. This partnership was started in 2016 and intended to help diabetics better manage their condition. ... Read More
1
Jan
2020
New Job, Same Thesis: Aligning Tech & Pharma To Elicit Best Of Both
With the New Year, I’m very excited to share a professional update: as of January 1, I’m the proud founder of “Astounding HealthTech,” providing advisory services to R&D-driven biopharma organizations and health tech startups striving to engage each other more effectively. The mission of Astounding is to catalyze drug development by aligning the specific capabilities and distinct needs of individual... Read More
26
Dec
2019
Losing 80 Lbs Was Hard; Keeping It Off Was So Much Harder
Last year, at about this time, I shared my experience losing 80 pounds. I achieved this goal through a low-carb diet and coaching, guided by the Virta program, along with regular exercise. The overarching concern I expressed in that article, one year ago, was my recognition of how fragile weight loss can be. Most people who lose significant weight soon gain it... Read More
5
Dec
2019
Aural Pleasures, 2019 Edition
I listen to a lot of audio, spoken word content that edifies (or at least distracts) me during daily workouts and when traveling. Traditionally in December, I like to share with readers my annual podcast recommendations. But in reflecting on my listening habits of the last year, I realized that I’ve probably spent at least as much time listening to... Read More
21
Nov
2019
AI Can Help with Repeatable Processes, But Don’t Expect Thunderbolts for Drug Discovery
Biopharmaceutical and healthcare executives increasingly find themselves attending conferences and presentations featuring the evangelistic selling of AI by self-assured VCs, energetic entrepreneurs, and earnest consultants. The promise is that AI will change everything. Then the executives return to work, face the quotidian reality of their operation, and wonder whether AI will change anything. Enter Jim Manzi. Manzi, depending on your view, is a... Read More
11
Nov
2019
Disruption, Fast and Slow
Chris Gibson, the CEO and co-founder of Recursion Pharmaceuticals, may have captured the essence of the difference in mindset between tech VCs and life science VCs, writing in a superb recent article (a response to my previous TR post): “The most consistent thread that differentiates tech and life science VCs is their willingness to project new data onto an industry and imagine resultant... Read More
5
Nov
2019
Tech VCs and Biotech VCs: Talking Past Each Other on AI Drug Discovery
[Editor’s Note: this is a new column called “Astounding HealthTech” by TR contributor David Shaywitz.] If you want to know the difference between tech venture capitalists and biotech VCs, look at their respective views on AI applications for drug discovery. Many of the most prominent AI drug discovery startups boast exceptionally rich valuations, driven by the enthusiastic participation of tech... Read More
18
Apr
2019
Life After Twitter
[Editor’s Note: David Shaywitz is a Palo Alto-based life science VC. He used to be active on Twitter. I asked him to share his reflections on leaving the platform–LT.] Quitting carbs last year was hard. Quitting Twitter this year has proved delightfully easy. You might even want to try it for yourself. Twitter has tremendous upside. Most notably, it provides... Read More