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Some VCs have told me to “pick a lane”, here’s why I think this is fundamentally wrong
Biotech companies have been told to focus on either diagnostics or therapeutics but not both, which is a holdover from 1995 industry structure.
That structure no longer reflects the value proposition of Biotech in the age of AI. Foundation models need millions of multi-modal patient observations to learn patterns of disease progression and treatment response. Only the integrated company can generate that dataset.
A few things readers might not know:
🔬 Roche has spent ~$4.3B assembling integrated capability through M&A: $1.9B for Flatiron Health (oncology real-world evidence) and $2.4B for Foundation Medicine (cancer genomic profiling)
📊 Tempus reached public markets at a $6.1B valuation in June 2024 and reported ~$1.27B in 2025 revenue, up 83% year over year. 95% of top pharma companies by revenue are customers
💊 The integrated model can plausibly take Phase 2 to approval probability from ~10% to 30-50%, with per-approved-drug development cost falling 60-80%
🧬 Brain aging has measurable biomarkers decades before clinical Alzheimer's symptoms but we don't yet have the datasets that we need to create personalized therapeutics.
At NeuroAge, we are building an integrated closed loop system from day one. The consumer platform generates the privacy protected multi-modal data in that powers the AI to surface drug targets, and the same data tells us which patients are most likely to respond. That feedback loop only exists because the data and discovery live in one company.
The next decade of medicine will be defined by vertical specialists building this natively across brain aging, cardiometabolic disease, autoimmune disease, mental health, and rare disease. We will see the loops present in tech companies like Google and Tesla emerging in biotech, creating huge data advantages and finally executing with the speed that we need to cure diseases quickly.
Full post: drglorioso.substack.com/p/why-the-pick…

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