BIO Notebook: Dealing With Rejection, Worrying About March-In Rights, And More

Insights from the first day of the international convention in San Diego also includes interviews on Alzheimer’s investments, dealmaking for mid-sized companies and reflections on the virtues of lean thinking.

BIO 2024 Day 1
• Source: Shutterstock

While biotech startups may be struggling to raise funds in today’s financial environment, Nina Kjellson, general partner/West Coast at Canaan Partners, quietly revels in the upside of scarcity. That force, she said, has led to some of the best companies in the industry.

“I’m looking for the match between a reverence for scarcity and pressure, a deep conviction on great science to bring medicine for patients, and a focus on building really, really excellent teams that will have the resilience to ride through tough

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