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For Blood and Money - Billionaires, Biotech, and the Quest for a Blockbuster Drug (Hardcover)
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For Blood and Money - Billionaires, Biotech, and the Quest for a Blockbuster Drug (Hardcover)
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For Blood and Money tells the little-known story of how an upstart
biotechnology company created a one-in-a-million cancer drug, and
how the core team-denied their share of the profits-went and did it
again. In this epic saga of money and science, veteran financial
journalist Nathan Vardi explains how the invention of two of the
biggest cancer drugs in history became (for their backers) two of
the greatest Wall Street bets of all time. In the
multibillion-dollar business of biotech, where pharmaceutical
companies, the government, hedge funds, and venture capitalists
have spent billions on funding, experimentation, and treatments, a
single molecule can stop cancer in its tracks-and make the people
who find that rare molecule astonishingly rich. For Blood and Money
follows a small team at a biotech start-up in California, who have
found one of these rare molecules. Their compound, known as a BTK
inhibitor, seems to work on a vicious type of leukemia. When
patients start rising from their hospice beds, the team knows
they're onto something big. What follows is a story of genius,
pathos, and drama, in which vivid characters navigate a world of
corporate intrigue and ambiguous morality. Vardi's narrative
immerses readers in the recent explosion of biotech start-ups. He
describes the scientists, doctors, and investors who are risking
everything to develop new, life-saving treatments, and introduces
suffering patients for whom the stakes are life-or-death. A
gripping nonfiction read, For Blood and Money illustrates why it's
so hard to bring new drugs to market, explains why they are so
expensive, and examines how profit-driven venture capitalists are
shaping the future of medicine.
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