Biotech, Policy, Culture Chris Morrison Biotech, Policy, Culture Chris Morrison

Resolving the Massachusetts Paradox

In Washington, senators and representatives usually fight for their states’ economic interests. Why then, when it comes to the biopharmaceutical industry that is so important to Massachusetts, are we such an outlier? This article examines the origins of this Massachusetts Paradox, what kinds of biopharma-related policies the state’s voters and politicians should logically support, and proposes a new approach to rallying our neighbors to support those policies. This campaign is rooted in a kind of engaging storytelling that all of us in the biopharma ecosystem, from startup to pharma and from investor to banker, can and should contribute to.

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Biotech, Finance, Culture Chris Morrison Biotech, Finance, Culture Chris Morrison

Getting personal with three investment leaders at RA Capital

This article is one in a series seeking to give a face to some of the folks at RA Capital Management toiling away tirelessly and passionately to bring the next generation of medicines to patients. 

RA Capital is incredibly proud to have a number of women in senior positions and a deep bench of female biotech and investment leaders. In this piece, Sarah Reed, RA Capital’s general counsel, spoke with just three of the many phenomenal women here who have been involved in some of our recent high-profile exits.

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Finance, Culture, Science Chris Morrison Finance, Culture, Science Chris Morrison

Capstan: The Story of the Open Minds Behind the Acquisition of an In Vivo CAR-T Pioneer

When Capstan Therapeutics agreed to be acquired by AbbVie for a record-breaking price of $2.1B upfront, it had just started its Phase 1 study in healthy volunteers, was well-capitalized, and was on a mission to put a range of autoimmune diseases into deep remission and maybe even cure them. Some people will wonder about the significance of this deal and what lessons it may have for their own ventures. We can share our insights. We’ve been on the Capstan journey since the beginning and are incredibly proud of the team and its work. This is a story worth hearing.

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Finance, Culture Chris Morrison Finance, Culture Chris Morrison

Can AI Get the Flu and Take My Job?

Is AI coming for my job? It’s not uncommon to wonder these days. 

What if AI could just read a press release and appreciate the value of a stock at least as well as I think I can? Might not be a big jump from there to AI opening up its own biotech fund. 

But before I ceded my job to ChatGPT, I figured I would at least take it for a test drive by having it analyze a press release from a company I knew well.

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Biotech, Culture, Science Chris Morrison Biotech, Culture, Science Chris Morrison

A Vaccine for your Mind

The public has taken a renewed interest in discussing vaccines, with many people asking to be convinced that vaccines are safe and effective enough to be used as widely as modern medicine recommends. In the hope of reaching some more people seeking answers to common questions, we’ve prepared this Q&A document. Medicine is complicated, and the current discourse is noisy, but it’s possible to bridge the gap between experts and patients by breaking down the jargon. We’ll try to do that here. We wrote this with our own friends and families in mind because we believe that everyone should be able to get clear answers to their questions. We hope it is useful to you.

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Culture, Biotech Chris Morrison Culture, Biotech Chris Morrison

2025 Pharma Superbowl Ads: Moving ... but not moving the needle where it matters most

Big pharma once again showed up for the Superbowl, or their ads did at least. But those pricey spots, while didn’t connect the dots to inspire the American public with their role in getting important therapies to the patients that need them. Were they moving? Sure. But will they move the needle where it really counts? Probably not.

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Biotech, Culture Thomas Culman Biotech, Culture Thomas Culman

How to navigate and de-risk your next career move in biotech (2025)

Since the original version of this article was published in 2023, the market has continued to be tight for biotech investment. New companies continue to form and get funding, but overall, investors are reducing risk with an increasing preference for companies with clinical data – or at a minimum validation in animal studies – before follow-on investments are attractive. 

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Culture, Biotech Thomas Culman Culture, Biotech Thomas Culman

Introducing Biotech Unveiled

One of our guiding principals here at RApport and RA Capital is that we learn collaboratively; not just internally, but with the rest of our community as well. RApport is an important part of that (and as always, we encourage you to reach out with questions, comments, and op-ed ideas: rapport@racap.com), but RA University – in which many of our readers are already enrolled – is another. Recently, we’ve been rolling out RAU’s newest, on-demand course: Biotech Unveiled: Understanding the U.S. Biomedical Innovation Marketplace and its Global Role.

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Culture, Biotech, Finance Thomas Culman Culture, Biotech, Finance Thomas Culman

Semper Maior: Pumping up the candor

Wouldn’t it be better if everyone in our ecosystem were candid with one another?

After all, within companies it’s common to encourage everyone to speak their minds. If you see a problem, call it out; give honest feedback; feedback is a gift; people have a duty to dissent if they disagree with something. So, what stops this corporate if-you-see-something-say-something from going beyond managers and employees? If we normalized candor, we could learn more from one another, cross-pollinate best practices, and correct misunderstandings.

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Culture, Biotech Thomas Culman Culture, Biotech Thomas Culman

"Keep it under 20"

On RA Capital's Gateway, Peter Kolchinsky, Managing Partner at RA Capital Management, and Travis Wilson, Partner at Gurnet Point Capital, delve into how biotech companies can achieve more with lean, strategically staffed teams. Small, agile teams of versatile professionals who leverage external expertise when needed lets companies maintain operational efficiency and financial discipline.

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