Dr. Lindsay Rosenwald of Fortress Biotech
Fortress Biotech
Or, if you prefer, collecting muffin tops.
“Some people won’t eat the tops of muffins,” Rosenwald explained. “That’s what we’re looking for — is muffin tops. Our lab is the entire world and all the research done in the world. That’s a large number. The calculation I made is around $200 billion is spent in the United States and all over the world in life science research and development annually.”
The “muffin tops” Rosenwald is referring to are drugs being developed by major pharmaceutical companies and startups alike, which will never make it to fruition, yet hold great promise.
“There are more quality drug candidates than there are people and capital to develop them,” Rosenwald said.
Fortress Biotech’s team of about a dozen medical doctors and scientists scours the world for drugs in clinical trials that look like they will work, and are ripe for acquisition READ MORE AT FORBES…
