> In tech you're pretty sure you can build something, you're just not sure if anyone will buy it. In biotech you're pretty sure people will buy it, just not sure you can build it.
Beautifully stated. There are countless brilliant founders in biotech who toiled for 5+ years to only find out their drug which had a credible mechanism of action failed phase 2 clinicals and now isn't worth a damn. In software, founders of this caliber would have since pivoted and more than likely created a product of some value.
In my opinion, the most important driver to unlock a revolution in biotech is enabling technologies that can create a rapid feedback loop from disease model -> drug hypothesis -> verification of safety & efficacy in humans. Right now, this is a 10 year process. Getting this process down to 1 year and <$50M would be a revolution worthy of several Nobel Prizes.
Beautifully stated. There are countless brilliant founders in biotech who toiled for 5+ years to only find out their drug which had a credible mechanism of action failed phase 2 clinicals and now isn't worth a damn. In software, founders of this caliber would have since pivoted and more than likely created a product of some value.
In my opinion, the most important driver to unlock a revolution in biotech is enabling technologies that can create a rapid feedback loop from disease model -> drug hypothesis -> verification of safety & efficacy in humans. Right now, this is a 10 year process. Getting this process down to 1 year and <$50M would be a revolution worthy of several Nobel Prizes.