linkedin post 2013-02-08 04:23:02

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A 500,000 COMPOUND 'EUROPEAN 'LEAD FACTORY' CONSORTIUM of large Pharma companies and academics in crowd sourcing initiative to find utility in discarded drug libraries. The third and biggest move in this direction. These all represent big shifts of strategy by formerly secretive Pharma companies and an unusual collaboration between the giants. http://lnkd.in/yqNFMg View in LinkedIn
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linkedin post 2013-02-07 16:51:01

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30,000 DRUGS IN CLINICAL TRIALS HAVE BEEN ABANDONED IN 30 YEARS, and NIH's Francis Collins suggested repurposing them through crowd-sourcing. The UK's MRC kicked on 16 M USD initiative for repurposing 22 drugs, and the US NCATS followed suit with a group of 58 abandoned drugs. These are innovative moves. Traditionally, accessing these molecules has been difficult. http://lnkd.in/wriVbj View in LinkedIn
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linkedin post 2013-02-07 16:39:28

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FINDING USES FOR BIG PHARMA'S ABANDONED DRUG CANDIDATES has become a hot area, and here we have Francis Collins pushing the initiative. Many of these candidates have had toxicological testing in Man, and this significantly de-risks a molecule. Sifting from old gold mines. http://lnkd.in/wriVbj View in LinkedIn
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linkedin post 2013-02-07 14:29:45

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SEEKING VC MONEY? Then you need to read this thoughtful commentary about pure investor-VCs vs former entrepreneur VCs. A key issue to watch is whether the successful entrepreneur-VC has an ego that is out of control or not. That much success can do a real number on ego balance. http://lnkd.in/qQZ-Cg View in LinkedIn
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