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Antoine Papiernik

πŸ‘€ Speaker
432 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

So I'm not going to comment more than that.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

But seeing it is amazing.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

Well, outside of share price, and this is not Adivac related, it's what I've been doing for 30 years and need to recognize that that's a place where we have a lot of progress to do.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

So can you rate $750 million, I think, plus the green shoe, I think it was even higher than that, $800 million on the basis of any results?

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

in Europe in a biotech company?

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

The answer is clear cut, has never been done.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

Can it be done?

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

Well, you know, so probably not in my lifetime.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

So I hope it could.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

I think, you know, since the beginning of my career, there was, you know, EASDAQ and all this idea that we would get there and have our own NASDAQ and look what happened.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

So today, the answer to your question, I'm afraid, is no.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

And we need to, you know, I don't have the time and my LPs don't have the time to wait for it.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

So we need to do what we need to do.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

And if we need to bring our companies to Nasdaq, they still, you know, it's a, you know, Abivax is a Paris-based company.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

In fact, it's in our own, in the same building as Sofinova on the third floor.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

We're on the seventh floor.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

So just to tell you, it couldn't be closer to us in Paris.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

And yet it is a, you know, very large now market cap company based on the results that they've had.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

No, I think it's not about what your passport says.

Vanguards of Healthcare by Bloomberg Intelligence
Sofinnova Partners Stays Optimistic on Biotech's Future

It's about what competence you have and how you can demonstrate this to your investor base.