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Dinakar Singh

👤 Speaker
519 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

So it's not about going and begging for money.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

People, I think, were excited by the idea of joining in to go and figure out whether we could actually go and solve a disease.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

One first stop was, look, there were some scientists that had done some work suggesting that some existing drugs could actually modify the disease in mice and things like that.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

So we basically created all these mouse models and cell models of different types to test different versions, and each has pros and cons, and set up facilities to essentially give them away for free.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

So essentially, we said to everyone around the world, guys,

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

Send your drug libraries in, your compound libraries in.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

Test them for free.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

We'll pay for it.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

You keep the IP.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

We just want you to know if there's something interesting here on stuff.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And again, because no one cared about rare disease, let alone a pediatric one at that time, it took years before any company, even for free, was willing to do that, which is crazy.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

Finally, we got Novartis to bite.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And they ended up finding a drug that had failed for tox reasons for anorexia or something back in the 70s that was off the charts good.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And so suddenly like, oh, this is interesting.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

To give an example of just how different the world is now versus then.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

Early on, I'd use relationships to go drag some of our scientists and some of our advisors, et cetera, to go meet with heads of research at different companies and try and pitch them and say, look, guys, I know this is a small disease, but there's a chance to do something.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

It won't cost a whole lot to find out.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

You don't have to spend 40% on marketing, all that kind of stuff.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And so one of my slides showed that if you charge $5,000 to $15,000 a year, you could actually end up with a drug worth hundreds of millions of dollars in profit.

Invest Like the Best with Patrick O'Shaughnessy
Dinakar Singh - A Father’s Call To Action - [Invest Like the Best, EP.428]

And so it wouldn't just be a charity project.