WHERE IS THE NEXT BIOTECH UNICORN?

In a lively discussion, experts in the biotechnology industry explore the current landscape and future potential of biotech investments and innovations. They emphasize the importance of understanding industry dynamics and being creative with business models and technology, especially in areas like AI and biotech, which are currently very popular. The conversation also highlights the challenges faced by biotech companies, such as high interest rates and inflation, which make it difficult to attract investments. Despite these challenges, there is optimism about the potential for growth and innovation, particularly in personalized medicine and gene therapy. The panelists discuss the need for a more ambitious approach to biotech, aiming not just for incremental improvements but for transformative solutions that can cure diseases. They also touch on the ethical considerations of biotechnology, emphasizing the importance of putting humanity's best interests first.