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Antoine Papiernik

๐Ÿ‘ค Speaker
432 total appearances

Appearances Over Time

Podcast Appearances

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

So now when we, you know, we have like over 3000 deals that come through our shop a year.

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

It's impossible.

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

How do you find the needle in the haystack?

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

How do you, you know, see those low level noise that will allow you to pick that needle?

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

incredible company from Norway or from, you know, Eastern Europe somewhere that you have no idea, you know.

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

Seven years.

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

Seven years.

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

Of course, since ChatGPT, we're using an LLM, the best version of ChatGPT 4 or whatever is the next.

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

But this is what I was trying to say earlier is that the power, the power is there for the LLMs, but the importance,

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

is not, in a way, the LLM.

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

The importance is how do you connect the dots using information that you have, that we have, that nobody else has, that enriches this information so that you can find the diamonds in the rough.

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

That is how you do it.

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

That's why I predict that the LLMs will be the commodity going forward, and the value will be in those who leverage the commodity in order to use their special technology

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

secret source that nobody else has to get to a result, whether it's latent labs leveraging dedicated data or I mentioned BioOptimus, but there are other companies in the portfolio.

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

Back to the question you were asking, is France a good place because of Mistral and is Europe a good place?

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

Well,

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

It happens that, yeah, well, France is a very good place because the engineers are super well trained, but it's not the only place.

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

But how do you find those?

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

With your hands, it's impossible.

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

With your eyes, it's impossible.