1. Scrip
  2. >>Business
  3. >>Strategy

Technology Investing: One VC's View of the Value Proposition for Today's Market

 
• By Mark Ratner

Technology-based discovery start-ups step up to the plate with two strikes against them. New pharmaceutical technologies have thus far failed to accelerate discovery or reduce drug development times, and thus failed to solve the industry's R&D productivity dilemma. And in-licensing companies have proliferated, making the value proposition for investing in new discovery-oriented companies tougher to support. Nonetheless, finely tuned rationales for making such investments do exist, premised on the twin rationales of shortcuts through the mire of biological risk and freedom to operate through the minefield of industry patents.

In the eyes of many investors, technology-based discovery start-ups step up to the plate with two strikes against them. Broadly speaking, new pharmaceutical technologies have thus far failed to accelerate discovery or reduce drug development times, and thus failed to solve the industry's R&D productivity dilemma.

In-licensing companies, with their shorter timeframes and presumed lower risk, have proliferated, making the value proposition for investing in new discovery-oriented companies tougher than ever to support. Nonetheless, finely tuned...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Scrip for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Strategy

Bayer Has BI In Its Sights With Priority Review For HER2 Lung Cancer Drug

 
• By Kevin Grogan

Sevabertinib gets onto the FDA's approval fast track three months after zongertinib.

InflaRx Stock Sinks As Vilobelimab Fails Phase III Skin Trial

 
• By Kevin Grogan

A study of the German biotech's intravenous complement factor C5a antibody for pyoderma gangrenosum was stopped for futility.

Sun On Leqselvi US Launch Ahead, MFN Pricing And Pipeline Changes

 
• By Anju Ghangurde

Sun readies US debut of Leqselvi for alopecia areata, while PD-L1 inhibitor Unloxcyt is in the line up once the Checkpoint Therapeutics deal is completed. Management also discusses limited clarity on President Trump’s most favored nation pricing push, pipeline tweaks and M&A outlook.

Lilly To Diversify Pain Pipeline With SiteOne Acquisition

 
• By Joseph Haas

Deal snapshot: With several internal non-opioid pain candidates in Phase II or earlier, Lilly looks to add R&D potential in pain with $1bn buyout of SiteOne.

More from Business

Lilly To Diversify Pain Pipeline With SiteOne Acquisition

 
• By Joseph Haas

Deal snapshot: With several internal non-opioid pain candidates in Phase II or earlier, Lilly looks to add R&D potential in pain with $1bn buyout of SiteOne.

Angelini Advances Brain Health Ambitions With GRIN Pact

 
• By Kevin Grogan

The Italian drugmaker gets rights to Phase III-ready asset radiprodil.

GlycoEra’s Series B Cash Will Fund Efforts To Take On FcRn Inhibitor Class

 
• By Joseph Haas

GlycoEra unveiled a $130m series B financing, saying the proceeds would enable it to take its first clinical candidate through proof-of-concept in autoimmune diseases.