Stock Watch: Like Moths To The Unvalidated Flame

Considering Target Validation In Light Of Novartis’s Lung Cancer Failure

Leaving the validation of a drug target until the end of Phase III studies is risky, but working on the unvalidated targets identified by others is riskier still.

Andy Smith
ANDY SMITH OFFERS A LIFE SCIENCE INVESTOR'S PERSPECTIVE ON BIOPHARMA BUSINESS

Many classical disease targets have a number of therapeutic drug options, like the statins and the H2-receptor antagonists. Historically, pharmaceutical discovery groups have followed each other around, but there may be little comfort if a target takes a long time to invalidate.

The era of small-molecule drug development was powered by extensive chemical libraries and high-throughput screening as new therapeutic targets were...

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