60 likes | 516 Views
What Investors in Pharma and Biotech are Looking for (and how to Meet those Expectations). NSEP 1 st March 2005. Value Creation. Security Growth. Mentoring. Investors. Biotech. Newsflow pre and post funding. Confidence from clinical success roll out products sales value
E N D
What Investors in Pharma and Biotech are Looking for(and how to Meet those Expectations) NSEP 1st March 2005
Value Creation Security Growth Mentoring Investors Biotech Newsflow pre and post funding • Confidence from • clinical success • roll out products • sales • value • efficiency on cash burn • Constraints • 30% have < 2 years cash • Management team • Reach
Proof of Value • Point at which proof of value obtained is dependent upon: • Class of compound; is it well validated or unknown? • Ability of animal models utilised to predict human efficacy • Presence of validated surrogate marker or endpoint- how early in development can these be used to demonstrate effect? • Whether sufficient just to show that does not have the significant pharmacological AE’s of current treatments • Demonstration of developability
Proof of Value Supply and demand pressure on Pharma to in license earlier Supply Value Unknown, unvalidated class Known, validated class Pressure on Biotech to license out earlier for validation Demand Risk II III I First Dose in Man Proof of Principle Proof of Concept
However as a young Biotech are you… • Sustainable or just following fashion? • “hot agonist/antagonist” of the day • Selling the crown jewels? • Leaving enough in the pipeline to create value in the future? • Able to produce fuel/cash until the end game?