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42. Pharma BD to TechBio VC w/ Becky Pferdehirt - Partner @ Andreessen Horowitz (a16z Bio + Health Fund) & Seth Lieblich - Principal @ 8VC (Bio Team)

BIOS

CHAPTER

Farma Partnerships

Capital has become so abundant that non delutive funding the partnerships is less essential. Many companies are willing to hold out for the big, strategic, splashy partnership. If they can't get the price tag that they're looking for, they'd rather retain the value internally. In general, the existence of a farmof partnership is viewed as a positive signal.

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