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Business Of Biotech
IL-2 Program Profits with Bonum's Drs. John Mulligan and Neela Patel
Dec 18, 2023
Dr. Neela Patel and Dr. John Mulligan discuss Bonum Therapeutics' transition from Good Therapeutics, the Roche acquisition, challenges faced by early-stage biotech companies, and creating a better path for women in biotech.
01:08:42
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Quick takeaways
- The acquisition of Good Therapeutics by Roche and the subsequent formation of Bonum Therapeutics involved the sale of Good Therapeutics' PD-1 IL-2 program for $250 million plus milestones, leaving Bonum with the challenge of determining the future of its remaining assets and personnel.
- Dr. Neela Patel and Dr. John Mulligan discuss their transitions from academia to industry, highlighting the allure of the biotech industry, multidisciplinary collaboration, and the challenges of bridging the gap between science and business.
Deep dives
Good Therapeutics acquisition and the rebirth of Bottom Therapeutics
The podcast episode discusses the acquisition of Good Therapeutics by Roche and the subsequent formation of Bottom Therapeutics. The deal involved the sale of Good Therapeutics' PD-1 IL-2 program to Roche for $250 million plus milestones. The acquisition left Good Therapeutics CEO, Dr. John Mulligan, with the challenge of determining the future of the remaining technical assets, intellectual property, and talented personnel. The episode explores the inside stories and untold details of the acquisition and the subsequent development of Bottom Therapeutics. Dr. Nila Patel and Dr. John Mulligan, key players in the acquisition, share their insights on the deal-making process and the strategic decisions made to ensure the success of Bottom Therapeutics.
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Discover
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