Navigating a storm that threatens American biotechnology
Over the past four decades, David Beier has observed and participated in the evolution of the US biotechnology industry for several key vantage points. The industry’s success and freedom to innovate, he says, has been underpinned by – and helped create – a marketplace that was open enough to fully reward risk-taking investors devoting capital to cutting edge science. Today, that success faces new threats.
GoodRx collaborating with RA Capital on Survey to Better Understand Patient Assistance Programs
GoodRx, in collaboration with RA Capital, is surveying patients who have used or even just applied to a PAP. GoodRx is a free price comparison resource that helps Americans find the lowest prescription prices at their local pharmacies. We hope the results of this survey will shed light on PAPs’ role in the healthcare ecosystem as well as shed some light on their strengths and weaknesses.
The NIH, R&D, and the first mile of the marathon - a conversation with John LaMattina
A conversation with former Pfizer research head John LaMattina about the persistence of the misperception that NIH invents the drugs that biopharma companies sell, the chance encounters that can lead to breakthroughs years or even decades later, and the tough math facing investors and heads of research across the industry when deciding whether to invest in a project that’ll only enjoy nine years of market exclusivity.
When life-saving medication should be in aisle three
We talk a lot about access to care and the hurdles that might keep people from getting the medicine they need. Usually, we’re talking about the price of healthcare or the inanity of insurance requirements. But other hurdles hide in plain sight, as is the case with naloxone (Narcan), birth control, and other drugs that could (and should) be available over-the-counter (OTC).
Innovation and biopharma M&A: feature, not bug
If the FTC begins to look askance at M&A between commercial-stage biopharmaceutical companies and the innovative smaller biotechs that so often are the sources of new medicines, that would be bad news for future R&D and the patients who depend on our industry for life-saving medicines. That they might do so in the name of preserving or protecting innovation in the first place would add insult to injury.
Post-launch, pre-cliff: The R&D Congress ignores
Often, a drug’s initial approval only hints at its full therapeutic potential and the eventual number of patients who may benefit over time. Continued R&D investment can unlock much more utility before the drug ultimately goes generic, but those investments require adequate incentives.
Biotech leaders urge fixes to bad Senate drug deal
We are deeply concerned the new Senate drug bill fails to deliver adequate relief to the nation’s seniors and their families. It falls short of a generational opportunity to meaningfully lower Medicare beneficiary and taxpayer out-of-pocket costs. The revised language is not good enough for patients, bad for biopharma innovation, and provides no guarantee that PBMs and insurance plans will share savings with beneficiaries.
How to kill the conversation that makes innovation possible
As the 2022 midterms loom, drug pricing reform is again at the forefront of the conversation. And with inflation at 8.6%, it’s undeniable – Americans are hurting, and paying less at the pharmacy counter may alleviate part of that burden. But not all drug pricing reforms are created equal. So how would price controls impact R&D?
Right to Try 2.0 doubles down on a bad idea
Right to Try 2.0 doesn’t seem to address any of the original law’s issues. While 1.0 seems to have fallen well short of expectations, instead of shoring up oversight or regulating patients’ expenses, 2.0 simply aims to expand 1.0’s sentiment to a relatively small set of bleeding-edge drugs, continuing to talk the same big game Trump did without producing results.
72 hours to kill: Why can't we diagnose bacterial infections faster?
With all the hype around Covid and monkeypox, it’s easy to forget that viruses aren’t the only infectious game in town. Bacteria caused 3 million worldwide deaths in 2019, at a rate at least five times that of the flu. So why does it still take so long to identify & treat a bacterial infection?
Biotech’s Dulcius Ex Asperis: The Way Through This Downturn
The biotech sector is experiencing the most severe downturn of at least the last 20 years. There have been many other downturns in the more recent past, but this one is different. Here Peter Kolchinsky discusses why - and how we’ll rebound.
Announcing RA University: IV League Biotech
The RA Capital team has developed short, insight-rich courses on a variety of advanced topics relevant to the business of biotechnology. Our goal is to examine and teach practical and theoretical concepts fundamental to the biotech industry that aren't being presented anywhere else.
Letter to my ex: The office
“Remember how in love we were in those early days when we first met?” Sarah Reed, RA Capital’s General Counsel (and RApport’s most popular satirist), waxes poetic about her rocky relationship with our collective ex: the office.
Nektar’s IL-2 legacy: The two sides of failure
Though its program failed in clinical trials, Nektar kicked off an appreciation for what might be possible with a better IL-2. As other companies carry on with programs in part inspired by Nektar’s early data and vision, we explore failure in biotech, ignoring the naysayers, and the value of carrying on when the odds are slim.
Announcing Sionna: When it comes to Cystic Fibrosis, “good enough” isn’t good enough
Some might consider Trikafta’s gains to be “good enough” for CF patients. But I think we can do better. And that’s why we’re so excited to introduce the world to Sionna.
Do stocks trading near cash offer free upside?
When a biotech company is valued at around the same amount of cash it has sitting in the bank, is it a safe investment? Some investors might think so - and so we looked at the data. The answer might surprise you.
Matchmaking for proteins: Introducing TRIANA Biomedicines
Created through the fusion of parallel efforts at RA Capital and Atlas Venture, TRIANA is a newly launched biotech that is building its pipeline using a target-first, rational approach to molecular glue discovery.
RA Capital Management pivots to Metaverse Medicines
Important news from RA Capital! For immediate release: April 1, 2022.
“Love notes”: Building trust between board meetings
When I received detailed communications about my companies on a regular basis, I found I was both more likely to remember what was going on when it came time for the next board meeting and less likely to continually call my CEOs to figure out the bottom line. “Board love notes’ are a win-win.
Introducing the RApport Bookshelf
Lining up spring break plans for this month? If you’re anything like us, you’re probably looking for a good book to bring along. Welcome to the RApport Bookshelf, where we compile what we consider the most essential reads in biotech and health care.