• Company News
  • Food for Thought
  • Calendar & Events
  • Business Life
  • Food for Thought: The Challenges of Investing in Science-Based Innovation


    Thursday, July 29, 2010

    What are the rules of investing in science-based innovation? How much long-term thinking does it take to get through tightened markets and economic downturns? These questions are at the core of Vicki L. Sato´s research, who is a Professor of Management Practice in the Technology and Operations Management unit at Harvard Business School. In addition, she is also an advisor to Atlas Venture´s life sciences team.

    Food for Thought: Lessons from a Start-up Nation


    Monday, July 26, 2010

    Start-up Nation” by Dan Senor and Saul Singer addresses the trillion-dollar question: How is it that a country of a mere 7.1 million people has per capita venture capital investments 2.5 times greater than in the US (more than 30 times greater than in Europe), the highest density of high tech start-ups in the world (1 for every 1,844 inhabitant) and more companies listed at NASDAQ than all companies from the entire European continent?

    Food for Thought: Finally, a Test for Alzheimer’s?


    Thursday, June 24, 2010

    If the story by a small, Philadelphia-based company called Avid Radiopharmaceuticals communicated earlier this month holds up, there will be a reliable diagnostic test for Alzheimer’s disease available in a few years.

    Such a test not only would change diagnosis but also help develop novel Alzheimer treatments as it would enable clinical researchers to check whether a drug candidate is making a difference in terms of plaque formation or reduction. At present, the only definite diagnosis of Alzheimer is by brain autopsy.

    Food for Thought: The Future of Biosimilars


    Friday, June 11, 2010

    On June 8, the Society of Investment Professionals in Germany (DVFA) and its Life Science Committee hosted its annual conference which this time focused on biosimilars. The event covered key scientific topics, regulatory pathways and commercial issues of the market.

    Food for Thought: Simply Obscene


    Thursday, June 10, 2010

    In a recent article (“Simply Obscene”) the influential German news magazine “Der Spiegel” (20/2010, May 17, 2010) stated the pharma industry was using “with the unscrupulousness of a stock jobber” a loophole in Germany’s highly regulated health care system to charge extremely high prices for basically useless cancer medications. In particular, the article featured Yondelis by Pharma Mar, Nexavar by Bayer, Hycamtin and Tyverb by GlaxoSmithKline, Erbitux by Merck KGaA, Sutent by Pfizer, Iressa by AstraZeneca, Avastin, Xeloda, Mab-Thera and Herceptin by Roche and Alimta by Lilly as examples for cancer drugs providing only marginal survival benefits at enormous costs and stated this was “lawful looting of the health care system”.  The only exception according to the authors of the article was Novartis’ Gleevec.

    Food for Thought: The Landscape of Selection Biomarkers in Oncology Trials


    Monday, June 7, 2010

    Hundreds of clinical trials in oncology already use biomarkers to identify patients who have a higher or lower risk of disease progression, as well as help predict how patients will respond to different treatments. However, there has been no systematic overview on the landscape of biomarker use in oncology trials.

    In this week’s Science Translational Medicine Robert Sikorski and Bin Yao present the results of their laudable and laborious task to analyse the public database ClinicalTrials.gov for this kind of information.

    Food for Thought: Why tissue sample quality matters for personalized medicine


    Monday, May 31, 2010

    “We now have the technical ability to get the wrong answers with unprecedented speed.” Carolyn Compton, Director, Office of Biorepositories and Biospecimen Research

    Food for Thought: Synthetic Biology


    Friday, May 28, 2010

    A lot has been written since last week’s publication of Craig Venter’s latest coup – the creation of the first cell controlled by a synthetic genome. While the reactions span from the  alarmist (“playing god”) to the dismissive (“nothing new”), most commentaries overlook that Venter has demonstrated that life – for now, bacteria – can be customized to an extend that by far exceeds conventional genetic technologies which merely introduce a few new genes into existing organisms.

    Food for Thought: Open Source Principles – A Concept for the Life Sciences?


    Tuesday, May 11, 2010
    In the IT industry, open source is an acknowledged development principle for software that uses peer review and transparency of the development process. The promise of open source is better quality, i.e. higher reliability, more flexibility, and lower cost, among others.
    Now, this principle is spreading to the life sciences. For one, there is the Open Source Sensing Initiative which is trying to apply a bottom-up, decentralized approach to the development of sensors for security and environmental purposes. Read more…

    Food for Thought: Personalized Medicine – Testing Prospective Parents?


    Friday, April 9, 2010
    Personalized medicine is regarded as the next big thing in healthcare, but so far business models to make money in this field are limited. One example is Hamburg-based Indivumed which specializes on the support of pharma companies and research institutions with cancer biospecimens and related data and services generated under highly standardized conditions. Another one, argues Steve Dickman of CBTadvisors in his recent Boston Biotech Watch blog, might be genetic counseling for prospective parents.
    Steve judges potential success of businesses in the personalized medicine space according to four criteria, asking whether the concept is 1) actionable, 2) cost-effective, 3) based on validated science, and 4) clinically meaningful.
    Going through this list he comes to the conclusion that the business model of California-based Counsyl looks promising. For $698 per couple the company is offering prospective parents a one-price panel of SNP-based tests for more than 100 genetic diseases so that a couple can learn whether its offspring is at risk for these conditions.
    So while it is easy to tick the boxes on 2, 3, and 4, the questions is actionability: what are the options for treatment, preventive action, or behavior?
    This is the field we predict will be hotly debated, at least in Europe. Once a risk is detected, the options on the table  are: refrain from conceiving a child and opt for adoption, or choose abortion in case the child is affected by the condition the risk was predicted for, or go for in vitro fertilization followed by preimplantation genetic diagnosis.
    While many may not like the idea because it evokes memories of eugenics, reality shows that many people do want to know what their genes and their options are. Anyone dare to place a ban on it?