Two students take the same exam. The teacher decides to estimate grades when 90% of the allotted time has passed. One student turned in their paper early and scored 70. The other is still working. The teacher marks the second student as a fail. Two FDA cases in 2026 ran into this problem. In April, AstraZeneca's camizestrant was voted down 6-3 at ODAC. In July, Osteal Therapeutics' NEXCHANGE KIT received a complete response letter. Both trials reported statistically significant data. Both were challenged on the same grounds: the treatment protocol created a timeline advantage that the endpoint design failed to separate from genuine treatment benefit. https://t.co/WdxS8fY3kC
Excited to introduce Paperclip Chat!๐๏ธ
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"More drugs per target likely means lower value per discovered asset."
@benjamineliu just wrote the most important AI pharma essay of the year on @a16z.
Key takeaway: AI will transform pharma unevenly. Discovery gets easier first. Toxicity prediction next. Clinical efficacy last โ because the datasets simply don't exist yet.
Even with a perfect predictive model, regulators won't drop the requirement for prospective human trials. The bottleneck stays physical.
His framework: use predictive models to maximize PoS and rank assets, but don't bet the company on being better than the 30% industry baseline. Take enough well-underwritten shots. 10 Phase 2 programs at 30% = only 2.8% chance of zero winners.
The value isn't in discovering molecules anymore. It's in proving they work.
A group called FulcrumSec sat inside Novo's systems for 2+ months, stole 1.3TB โ 24 internal AI models, a nanobody discovery engine, a patent-writing LLM, clinical trial patient data, pipeline info on 5 unreleased drugs. No custom malware. No zero-days. Just keys left in plain sight.
Pharma companies have quietly become software companies, but the security culture is still built around negotiating Veeva contracts and passing GxP audits.
Many of my Silicon Valley friends are stressed about layoffs right now. But there is SO much work to be done outside tech.
Novo Nordisk โ the $300B company behind Ozempic โ just got hacked because a developer hardcoded an Azure credential in client-facing JavaScript. Anyone could press F12 and find it.
https://t.co/0oIO6HPSxW
Cheers, chills, and a standing ovation when RASolute 302 showed unprecedented survival on daraxonrasib for patients with progressive pancreatic cancer
Seldom do you sense youโre witnessing a historic moment in cancer care but this feels like ras targeting has arrived
#ASCO26