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Sam Fazeli

👤 Speaker
906 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

And I just want to know, you know, I mean, and you've got other companies, you're on the board and shareholders in other companies, you've founded other companies.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

If you wanted to also end with telling me what's your genuine excitement about this.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

I mean, obviously you have some phenomenal backers, Bob Nelson and the Foresight team and the Arch Ventures team.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

So...

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

I mean, you're in great company with also David Baker.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

What is the, I mean, how excited are you about AI in general?

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

So let's not talk about Xero specifically.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

Delivering on its promise, because that is where I think technology sometimes has the risk of promising a lot and not always obviously delivering.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

That's wonderful, Mark.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

I'm really, really enjoyed the whole conversation, but specifically the last thing I had not heard of eRoom.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

No, but just to give you a feel for this, we're modeling.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

We were just talking to one of my colleagues the other day.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

modeling a new drug, and we were going back and forth about what price to pick.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

And so I said, okay, let's just take the average of the past three years of oncology drug launches, what price did they launch at on an annual cost basis, leaving the CAR-Ts aside, because they're one.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

Yes.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

$315,000.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

And you think to yourself, well, we can't keep going like this.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

I think pharma needs to, perhaps because their costs.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

But maybe if, as you say, we can bring those costs down and the speed to market faster, then maybe they'd be incentivized to bring products to market at a lower price.

Vanguards of Healthcare by Bloomberg Intelligence
Xaira’s War on Trial-and-Error Drug Development

I don't want to say more affordable, cheaper.