Before becoming a venture capitalist, Jamie Topper was a cardiologist. He hasn’t had many chances over the past decade to invest in the field he knows best. Only the deepest pockets of Big Pharma could develop successful new heart drugs. But this time, Topper sees things differently at a little company called Laguna Pharmaceuticals.
People want quality biotech journalism. The response from subscribers in the first two weeks of Timmerman Report has exceeded my most optimistic expectations. A half-dozen journalists covered the debut. Wade Roush at the Knight Science Journalism Fellowships at MIT and Theral Timpson at Mendelspod deserve special thanks. Readers who know what kind of beating traditional journalism has taken over the... Read More
Biotech is undoubtedly one of the most volatile businesses on the planet. John Maraganore of Alnylam knows that well. The CEO of Alnylam Pharmaceuticals has been there for the whole classic biotech roller coaster ride. Back in the early 2000s, scientists were electrified by the possibilities to treat the untreatable with RNA interference drug technology. Then, pharma companies ran for... Read More
Questions and comments have been pouring in here at Timmerman Report headquarters ever since the site debuted on Feb. 2. The early days have been nothing short of spectacular in my view. I’ll have more to say about that shortly. But for now, there are some of answers to the questions that keep popping up: Q: What do you cover?
Dendreon is in bankruptcy, but the people who once worked at the trailblazer of cancer immunotherapy keep finding gainful new opportunities. Former Dendreon CEO Mitch Gold has a new company up and running with a couple of ex-Amgen scientists. The startup, Alpine Immune Sciences, has secured $1.3 million from Gold’s Alpine Bioventures investment vehicle. News of the funding was disclosed... Read More
Christopher Boerner, the head of sales and marketing at the cancer drugmaker Seattle Genetics, has left for a big promotion to become president and U.S. head at Bristol-Myers Squibb, the Timmerman Report has learned.
One of the great talent migrations in pharmaceutical R&D history is going on right now. Merck, the drugmaker with a proud scientific tradition, has seen a huge wave of departures from its senior R&D ranks the past two years. The exodus has turned into a recruiting bonanza for a range of biotech startups, venture firms, consultancies, and competitors. The exits flung open... Read More
It is exciting to see the remarkable influx of capital into the biopharmaceutical industry over the past couple of years. More than just refilling depleted coffers, strategic investors are putting more money to work in excellent companies after a long period of relative scarcity. Capital can favorably change the risk profile of a biopharmaceutical company through its effective deployment in... Read More