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Can America Win The AI Biotech Race Against China? | Lada Nuzhna & Elliot Hershberg

Shownote

Two venture capitalists dissect why biotech burns billions while China runs trials in weeks—and why the next Genentech won't look anything like the last one. Elliot Hershberg reveals the "three horsemen" strangling drug development as costs explode to $2.5...

Highlights

The biotech industry stands at a crossroads, where unprecedented scientific potential collides with systemic inefficiencies that drive costs into the billions and slow life-saving innovation. As global competition intensifies, particularly from China, American biotech must confront not just technological gaps but deep-rooted structural and regulatory challenges that threaten its long-standing dominance.
08:48
Many biotech companies are conducting first-in-human trials in Australia or Asia due to U.S. regulatory barriers.
20:43
Chinese biotech can quickly replicate new mechanisms, reducing incentive to share science
23:53
AI must bridge the gap in clinical trial success, not just pre-clinical prediction
53:06
Successful biotech drugs often stem from contrarian indications or new modalities, not novel targets.
56:17
New modalities offer great opportunities for chronic multifactorial diseases.

Chapters

Why is biotech innovation so expensive despite scientific progress?
00:00
Can the U.S. keep up as China accelerates drug development?
14:38
Is AI really changing drug discovery—or just the hype?
23:53
What will it take to finally treat aging as a disease?
33:13
What kind of medicine can only be made with tools we haven't invented yet?
56:17

Transcript

Lada Nuzhna: Since the birth of this industry, we only had increasing regulation over time. I think there was like only one time in the history of biotech where we made it easier to develop an appropriate drug. Elliot Hershberg: So when George Yancopoulos...