Table Alignment
Host
Sam Kessel and Anastasia Janas
Listen Apple Podcasts     Spotify    
Watch YouTube    

Summary

In this episode, we sit down with Christoph Lengauer, co-founder of Curie.Bio, a venture creation firm, and former founding CSO and Chief Drug Hunter at Blueprint Medicines. 

Christoph's non-linear career began in Austria as the first in his family to attend college, leading him to pursue human genetics after reading a book on cancer. Despite finding success in academia, he quit science, only to return with a focus on creating medicines, which he considers the ultimate impact. This pivot led him to the best molecular genetics cancer lab in the world, the lab of Bulgin at Johns Hopkins, where he stayed for 12 years and helped lead the lab for nine.

Christoph shares his philosophy on "responsible practice" in drug discovery, a path that avoids the slow, "fat way" of big pharma and the reckless "slim way," by taking measured risks and doing only the necessary work to get to meaningful results the fastest. He argues that successful drug hunting is found in the "margin," defined by cultural elements such as being honest, humble, and transparent, and being surrounded by a supportive team, not just technical strength or intelligence.

We dig into his time at Third Rock Ventures, where he broadened his approach from a narrow focus on kinases to diversifying drug discovery across different target classes and therapeutic areas, and how this experience informed the creation of Curie.Bio. He explains Curie.Bio's model, which centers on freeing the founders, operating with low fixed costs, and providing fractional access to over 100 experienced drug hunters, helping companies like Forward Therapeutics reach the clinic in approximately three years.

Finally, Christoph offers practical advice for founders operating in challenging market environments: have a clear trajectory towards "meaningful clinical activity data" using a $7 million to $15 million budget to reach a development candidate, and an additional $30 million to $50 million to reach that data. He stresses that the biggest mistake a founder can make is thinking they can succeed alone. He advises academic founders to avoid being secretive, to share their ideas with trusted people, and to explain their ideas in "plain English" to clearly articulate the problem they are solving.

Show Notes

Time Stamps:

01:22 First spark for science  

05:09 Burnout with academia & turn to activism  

10:18 Who should pursue a career in science  

13:31 Leaving academia for industry & biotech  

17:36 Rethinking drug development timelines  

22:11 “Chief drug hunter” philosophy  

24:39 What makes a good drug hunter  

30:42 Third Rock Ventures 

35:26 Curie Bio’s model & “freeing the founders”  

42:52 Forward Therapeutics case study  

49:18 Founding in a tough market: mindset & practical path  

56:28 Communicating your idea as a founder  

59:19 Two fundamental types of discoveries

1:07:32 Advice for academic founders  

1:13:00 The academia–industry gap & why Curie was built  

1:17:07 The single biggest mistake founders make  

1:18:19 Final recommendations 

https://www.linkedin.com/in/christoph-lengauer-75b7961b/

Curie.Bio | LinkedIn
Curie.Bio | 25,471 followers on LinkedIn. Venture capital designed for drug discovery success | Curie.Bio is a venture capital firm that helps founders discover and develop important new medicines. We do this by investing directly into existing companies, creating focused spinouts, and helping founders build companies from scratch. With $1B under management for seed and Series A rounds, and a 100-person team whose expertise has contributed to more than 40 FDA-approved drugs, we work side by side with founders to reach critical milestones in a highly capital-efficient way.
Curie.Bio
Curie.Bio is a new model for venture capital in biotech. We are focused on a singular mission – helping founders launch therapeutics companies that go on to raise an awesome next round of financing.
Christoph Lengauer
Share this post