Entries by Joachim Eeckhout

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“AI biotech” is no longer a useful category for investors

AI has transformed drug discovery, but the “AI biotech” label has become increasingly misleading. Kurma Partners proposes an investment framework that ­distinguishes three fundamentally different models — each building a different asset, creating value in a ­different way and requiring a different investment lens.

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Fundraising: Why relationships matter more than ever

If you ask founders what determines whether they raise capital, most will give you the same answer: great science, compelling clinical data, a large market opportunity and a sensible valuation. For a long time, I would have given exactly the same answer, but I no longer do. After years of working with biotechnology companies, I have come to believe that those factors determine whether a company deserves investment, but they do not necessarily determine whether it gets the opportunity to be evaluated in the first place. Here’s why.

Pharming changes CEO, Evotec loses CSO and Nanobiotix hires CFO

Every Friday, The Leadership Edit follows people taking new roles across European biotech and what their moves may tell us about the companies they join. This week: an immediate CEO change at Pharming, a scientific leadership vacancy at Evotec and a new finance chief at Nanobiotix.