Frameworks for Decision-Making & Lessons Learned from “Failing Fast”

By Aimee Raleigh, Principal at Atlas Venture, as part of the From The Trenches feature of LifeSciVC

Drug discovery and development is a long, and often fraught, journey – it typically takes more than a decade to progress from idea to approved drug, and less than 10% of drugs that enter the clinic succeed in achieving commercialization. Creating new drugs for patients is certainly not for the faint of heart. Behind every story of a drug approved there are countless tales of challenges, whether it was early technology that failed to scale, early compounds that proved toxic in IND-enabling studies, lack of clinical efficacy that wasn’t…