
Is tech money bad for business? Silicon Valley cash makes some biopharma VCs bristle, others cheer
Bioregnum
The view from Brittany Meiling
The emergence of new players dabbling in biopharma money has been the subject of giddy (and sometimes ominous) observations during financial boom times. As tech investors, family offices, and other relative newbs to the space clamber to join biopharma deals, some in the industry aren’t certain the newcomers are good for business.
The topic arose during a panel discussion I attended last week at Biocom’s annual partnering conference in San Diego. The panel — about the “future of venture investing” — included speakers from OrbiMed, Venrock, Lilly Ventures, Sanofi’s venture arm Sunrise, and Domain Associates.
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