Stock Watch: The Cost And Risks Of Pharmaceutical Success

EHA Was Uncomfortable Platform For Gilead And IN8bio

Presenting at conferences allows companies to showcase data on new drugs and secure licensing partners, as well as further investment by shareholders. But two presentations at the recent EHA conference had the opposite effect.

Andy Smith
ANDY SMITH OFFERS A LIFE SCIENCE INVESTOR'S PERSPECTIVE ON BIOPHARMA BUSINESS

Biotech and pharma companies invest significant resources in the presentation and promotion of their data at medical conferences. This is because wider appreciation of their promising experimental drugs should bring collaborations with bigger partners and interest from investors. However, for two companies the recent European Hematology Association (EHA) conference was the equivalent of an ‘anti-conference’ where their data presentations would have deterred investor and partnering interest.

On the positive side, the release of more detailed data on Gilead Sciences, Inc.’s anti-CD47 antibody magrolimab in hematological...

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