fbpx
Connect with us

Women Who Disrupt

A Transforming Life-Science Industry That’s Going To Change Our Lives

Published

on

A transformative change is coming to the life-science industry. Impactful inventions are not only changing lives but the world. Dr. Leen Kawas, a life sciences industry expert, recently stated, “How great it is to be part of an industry where the impact is tangible? With proper support, small companies today can deliver the high-impact therapies and technologies of tomorrow. Their success, in turn,  will fuel future innovations, creating a healthy ecosystem for patients, caregivers, inventors, entrepreneurs, regulators, and investors.”

Dr. Leen Kawas is a co-founder of Propel Bio Partners, a group of industry leaders and scientists who see a growing and exciting world on the horizon for the life sciences industry. Their goal is to identify innovative life science companies and support them. As such, they are one of the most reliable sources on what is coming in the future for their industry.

Dr. Kawas is applying her significant experience to support entrepreneurs and companies. She was a co-founder and CEO of Athira Pharma (2014-2021), during which time she grew the company from 1 person (herself) to a publicly traded company in 2020. She co-invented the lead clinical candidate Fosgonimeton (ATH-1017) and several other clinical assets. Importantly, she worked closely with the team and pioneered a strategic outsourcing model that enabled high-quality and patient-centric research, solving a common challenge faced by small companies with limited resources. The focus on quality and addressing patients’ needs made the team ask many “whys”, which led to several transformative changes that challenged the industry status quos for better and more efficient research, with a small and focused team. 

Dr. Kawas believes that we are on the cusp of transformational times for our industry. Knowledge is accessible, biotech is driving a significant portion of our innovative ecosystem. We are starting to leverage technology and are seeing significant advancement in clinical methodologies and data science. Take Genentech for example, it was founded by the then 29-year-old, Robert A. Swanson, who was able to accomplish what large Pharma was not able to do, making synthetic human insulin in laboratories from bacteria. The Genentech endeavor not only created a viable product addressing an urgent unmet medical need that delivered high-quality insulin at a lower cost but also set new trends in the industry. Dr. Kawas believes that small and innovative life sciences companies, with the proper support, will be the driving force of medical innovations – several of them will lead to industry transformations along the way. 

The Forces Driving the Future

The shifts in mindset from new generations of business leaders have broken the norms of the industry and built disruptive solutions that accelerate high-impact innovation. Dr. Kawas explained that with this powerful shift in mindset, the driving forces gripping the life sciences world will lead to a boom in innovations to improve patients’ lives.

First, advancement in scientific understanding. In the past decade, breakthroughs in basic biological research, drug design, and clinical research have yielded a better understanding of the causes of disease and pathways to modify the disease processes, resulting in more effective drug development strategies. 

Second, maturation in the area of computational and data science including machine learning and artificial intelligence. The advancement in data science and integration with biology allows researchers and innovators to learn from a large amount of data, better collaborate and share their knowledge from all around the world. This has led to a greater understanding of drug effects in the complex biological systems. Essentially, therapeutics are designed with precision or even personalized, and they are becoming more effective and safer. 

Third, innovative business models and operational strategies. Small companies with lean and focused teams now have a large reach of resources that enables them to expand on capacity and quality without having to build big infrastructures in-house. They can leverage a network of specialized vendors to create a purpose-built corporate structure. “All clinical programs will inevitably encounter challenges. As such, a streamlined solution-making process for swift resolution is essential. Business and operational models should be able to rapidly identify roadblocks and navigate around them efficiently and quickly.”

Fourth, a global shift in regulations that embrace innovation. The Food and Drug Administration (FDA) and the European Medicines Agency (EMA) review and approve many of the world’s pharmaceutical products before they enter the marketplace, and they’ve made leaps in optimizing the drug review and approval process, establishing proactive dialogues with companies that encourage the adoption of innovative methodologies and data science to enable efficient drug development. Drugs can now be evaluated more efficiently than ever before and are being approved with more confidence.

“There is more resource and opportunity available in this industry than there has ever been,” Dr. Kawas says, “This is the perfect time for innovators to step up and bring about a significant impact on human health.”  If you are not yet convinced, the first wave has arrived. In 2021, FDA approved 50 new drugs, some in record time. The pace of innovation will continue to accelerate as the driving forces continue to grow and coverage. 

Dr. Leen Kawas and the Propel Bio team are helping life sciences companies take advantage of the optimal time we’re in, so they can advance their therapies and positively impact human health worldwide. The vision of Propel is to support entrepreneurs with capital alongside a supportive ecosystem of experts, advisors, and service providers to back businesses with a focus on patient centricity, efficiency, and data quality.

For more content like this check out:

Samuel Hagai: The Artist Who Can Do It All

 

Cory is a passionate and dedicated author who works in the digital media space. He has engaged top business leaders and music artists throughout the world. He consistently touches readers on both sides of the earth's axis with positive vibes and great content.

Become A Crypto Expert

Categories

Recent Stories

Trending


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.