STAT+: A look at the next generation in biotech venture capital
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Oh hi. Today, we talk about Eli Lilly’s plan to invest $27 billion into new manufacturing sites stateside, learn about a new wave of biotech VCs, and more.
The need-to-know this morning
- STAT’s Adam Feuerstein, in his weekly Biotech Scorecard newsletter, writes about a counterintuitive, but ingenious, solution to the “zombie” problem among biotechs: Buy them and shut them down.
- Argenx, Europe’s other top biotech, reported fourth-quarter and 2024 earnings.
Biotech’s new generation of venture capitalists
A new wave of biotech venture capital firms, led by younger investors, is reshaping the industry with fresh strategies and a focus on artificial intelligence, longevity, and computational biology. While traditional VC firms stay dominant, these newcomers — many in their 30s and 40s — are securing major funding and backing scientific founders.