243: George Scangos' retirement, annual Covid vaccines, an Alzheimer's drug rejection
The Readout Loud
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Biotech CEOs - How Important Is It to Understand Science?
Not all CEOs of drug companies are scientists. You have to learn to manage areas that are outside your personal experience base and personal area of expertise. The industry has gone through a number of cycles, as you know, where there is sometimes over-enthusiasm or extraordinary negativity. Right now, I think we're not in the worst downturn I've seen, but the sentiment is negative right now.
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