Biotech Hangout

Episode 132 - February 21, 2025

15 snips
Feb 27, 2025
Adam Feuerstein, an insightful author at Stat News, joins the discussion to explore the intriguing world of 'zombie' biotech companies, assessing whether they can be revived or should return capital to investors. He delves into Stoke's collaboration with Biogen and highlights promising gene therapy data for Duchenne muscular dystrophy. The conversation also touches on ethical concerns in biotech fundraising, the challenges faced by Bluebird Bios, and potential mergers like SpringWorks with Merck KGaA, revealing shifting landscapes in the industry.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Zombie Biotechs

  • Many biotech companies trade below cash value after setbacks, called "zombie biotechs".
  • Roughly 200 of 700 public biotech companies fit this description, raising questions about capital allocation.
ANECDOTE

Zombie Biotech Turnarounds

  • Some "zombie" biotechs successfully recover, like Alnylam and Taysha Gene Therapies.
  • Investors seek these undervalued companies, hoping for a turnaround.
ADVICE

Respecting Investor Mandates

  • Consider offering investors their money back or continued investment in a new direction.
  • This approach respects investor mandates and promotes transparency.
Get the Snipd Podcast app to discover more snips from this episode
Get the app