Invest Like the Best with Patrick O'Shaughnessy

Alex Telford - Unlocking Innovation in Pharma - [Invest Like the Best, EP.360]

146 snips
Jan 30, 2024
Alex Telford, founder of Convoke and biotech blogger since 2019, dives into the evolving landscape of the pharmaceutical industry. He discusses the intricate journey of drug development, emphasizing the role of AI in enhancing drug discovery and the regulatory challenges surrounding it. Telford also explores the economics of blockbuster drugs and the balance between affordability and innovation. With insights into the future of biotechnology, including CRISPR and CAR T therapies, he paints an optimistic picture of what's next for medicine.
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INSIGHT

Drug Discovery Process

  • Drug discovery starts with academic research, often funded by government.
  • Biotech companies then develop the drug, testing it in vitro, in animals, and finally in humans.
INSIGHT

Changing Rates of Drug Development

  • Drug discovery and development rates have changed significantly over time.
  • A single person could make many discoveries in the early days, but now the average researcher doesn't work on anything that reaches production.
ANECDOTE

Paul Janssen's Innovations

  • Paul Janssen, a Belgian doctor, adapted existing natural compounds to create new drugs.
  • He was motivated by his family's involvement in selling ineffective organ extracts.
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