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3/ There are an army of #scientists in #Boston who could start amazing startups but there isn't $ for them, it's saved for superstar PI's
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4/ When you go to #BIO2015 it seems like everything is Booming, it is but only for late stage VC funded therapeutics co's with Ph2+ assets
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Ph2 is a clinical stage in drug development (sorry FDA lingo), typically it's the Proof of Concept stage, it either works or doesn't
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typically, big pharma likes these because they've been derisked but the model is out of whack as many of these co's are built to flip
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