Many thanks to Brad Loncar of BiotechTV for catching up after a fortuitous meeting en route to Boston. From the MassBio studio, I shared with him the challenges of financing pre-IND companies and the need for creative structures and terms for early-stage investments. Venture investors are looking for differentiated, innovative opportunities based on cutting-edge science. To achieve this, we are going to recapitalize and restart Kojin Therapeutics to maximize shareholder value and build a strong syndicate of new and current investors. More to come. #venturecapital #ferroptosis #redox #lipidmetabolism #cancer #immunology #innovation #drugdiscovery #startup #boston #seaport Boston Business Journal
𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐢𝐨 𝐚𝐭 𝐊𝐞𝐧𝐝𝐚𝐥𝐥 𝐒𝐪𝐮𝐚𝐫𝐞: Kojin Therapeutics Chairman & CEO Harvey Berger shares an update on the company's progress and talks about the funding environment for earlier stage companies in biotech. He talks about his company's job at hand to translate the science of ferroptosis into therapies. Plus, a warning about the currently very difficult funding environment for preclinical and other early stage companies in the sector. Full video: https://lnkd.in/gCf5xWXy The Studio at Kendall Square episodes are brought to you by MassBio. BiotechTV is brought to you by: Mispro | Breakthrough Properties | HSBC Innovation Banking | Theragent Inc | NYSE | Allucent | Klein Hersh