Biotech Mafia

Most of us are aware of the PayPal Mafia. The early team of PayPal which went on to start other influential organisations of our times. Reid Hoffman found LinkedIn. Elon Musk delivered Tesla and SpaceX. Peter Thiel was an early investor in Facebook and numerous other unicorns, also founded Thiel Fellowship. There are other members as well, but notĀ that well known in the mainstream media i.e. Jawed Karim, Max Levchin to name a few.

Whilst reading from Alchemy to IPO I came across the Biotech Mafia. The team who founded Hybritech (manufacturing monoclonal antibodies) went on to start Gen-Probe, Amylin Pharmaceuticals, Nanogen.

I believe, when there is a birth of a new industry this scenario of, founding members of one of the early companies going on to star numerousĀ other successful companies, would be common.

History may not repeat itself. But it rhymes.

Professor James Eayrs, 1972

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