In this part of his Pharmaceutical Executive video interview, Jim Shehan, chair of the FDA Regulatory practice, Lowenstein Sandler, shares advice for investors and financiers who are considering entering the weight-loss medication market.
First of all, don't believe the hype. It's calmed down a little now. But remember, when last summer when you had, you know, crazy things like news would come out and the stock of fast food companies would go down? You know, nothing is that revolutionary. So that's calmed down a little bit. But then I hearken back to what I was saying, there's so many companies in this field, not all of them come yet. So, I think you have to really do your homework and to pick and choose who are going to be the winners. And unlikely that you're going to have, you know, a small new company get established, you may have some of these companies that are small and are working on products, they will link up with the established players, or Lilly or novo, or one of the bigger drug companies that are eager to get into this market. And you've already seen several examples of that happening. So, there will be some winners and there'll be a lot of losers. So, if you're an investor, do your homework well. Or makes or place a lot of bets and hope that a few of them pay off.
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