Top Tweets for #CVFORUM22
Doug Fambrough @cbtadvisors at #cvforum22. Making medicines while making money is an art form. This business is also about the patients.
So a little foggy, but doesn’t get better than being surrounded by the most interesting and committed #lifescience #biotech #digitalhealth #CEOs and #venturefund on the beautiful #CapeCod at @CONVFORUM Forum #CVForum22.
.@AmiBhattMD and I are delighted to be wrapping up covering The @CONVFORUM #CVForum22 with 2 days of live and recorded interviews with the movers and shakers in #biotech #lifescience #digitalhealth #CEOs & #venturecapital through @MedTechInsights Insights!
“If there is a business case to have a lab in your #biotech co, then there is a business case to have a manufacturing facility”: Hari Pujar of @TesseraTx. Investors may not be quite all the way there, I’d say…
#CVForum22
Manufacturing in #biotech has gone from being a four-letter word, says Hari Pujar of @TesseraTx at #CVForum22, to a much more visible, critical part of the value in the industry. #COVID19 vaccines were a part of that.
Daphne Zohar: we need some fundamental good news to get out of the downturn. Something like new class of therapy, like PD-1s. Tirzepatide for obesity is one possible example. #cvforum22 @daphnezohar
Daphne Zohar: relationships matter for the long term in biotech. The best investors don’t prey on the CEO in a down market, try to drive an overly hard bargain, or get too negative. She gives kudos to Bob Nelsen and Bruce Booth #cvforum22 @daphnezohar
Daphne Zohar: in this industry, it’s so long term. Everything takes forever. But you have these near term markers of success. Easy to get fixated on them, like stock prices. The best investors keep the near term and long term in mind. #cvforum22
Daphne Zohar: Biohaven acquisition is bittersweet. Good to see that value, but they were an example of a company doing a successful commercial launch on their own. #cvforum22
Will Ho: quotes a West Coast VC who said ‘kombucha in the fridge doesn’t matter.’ Companies need to focus on what matters. Do what you said you were going to do. Investors need to see that. #cvforum22
Daphne Zohar: some industry assumptions need to be rethought. One is that companies angle to reach commercial stage, then get acquired. Some will need to stay independent, because only so many cos can be acquired. #cvforum22 @daphnezohar
Will Ho, CEO of In8bio: the downturn is good. Some companies need to be washed out. There are too many biotechs out there, and too many are overspending. A lot of cos need to make hard decisions and cut deep. #cvforum22
Great turnout of Boston Biotech and Biopharma’s Finest on the Cape for Convergence! Great to see whole faces again! #CVForum22
#cvforum22 working hard 😊 on the Cape
Q to Iya from an advisor to AI/ML startups. How/when to work with Pharma? Iya: ‘Bring me a drug.’
A candidate ready for IND toxicology studies.
Questioner raises eyebrows. ‘That’s pretty late.’ Startups need to execute at their own risk. #cvforum22
Iya Khalil of Novartis on what Pharma could do to improve drug discovery. She says a true in silico safety/toxicology screen system to flag issues early. Genomics, expression, proteomics, imaging, histology, from multiple organs. Very $$$. Requires a consortium. #cvforum22
Convergence Forum: Amazing healthcare conference … follow the “envelope pushing” conversation at #CVForum22 @ScottKirsner Shayne Gilbert
Foley & Lardner LLP American College of Cardiology @rushika1 Monica Chmielewski Bloomberg News https://t.co/K1xHznnYbF
Rushika Fernandopulle of One Medical: I’d like to see 30-year health insurance plans, like a 30-year mortgage. Would enable insurers to reap long-term savings of a drug that costs a lot upfront, like HepC cure, but saves $ long term. #cvforum22
"I don't have 'handlers,' that is, people who say what I can & can't say." @popsalks of$ALKS. (I find this incredibly refreshing and unfortunately rare in top-tier #biotech). #cvforum22
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