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- The Accelerator Conundrum
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susan wood
Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 6)
Sramana Mitra: Data is clearly going to change the pharmaceutical industry. Susan Wood: Similarly to find sites. Here are 50 sites that do high-quality imaging work. We went into this by getting imaging biomarkers. That’s an important thing, but more importantly, there are so many disconnects and inefficiencies in running these trials that our data
Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 5)
Sramana Mitra: What is the average deal size? Susan Wood: In phase three, it’s in the order of $3 million to $5 million. I want to mention something else. When patients couldn’t go to a centralized site to get evaluated during COVID, they were shut out. The big push in the industry is what’s called
Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 4)
Susan Wood: There are people out there who are walking around with a prevalence of lung disease that they’re not even aware of. You can have low-level or medium-level lung disease and not feel that much difference in your day-to-day life. When you have a pandemic and you have this acute impact on your respiratory
Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 3)
Sramana Mitra: Did you succeed in raising venture capital? Susan Wood: Within the state, yes. The last round was a couple of years ago. That was with First Analysis out of Chicago. I’ve got some Silicon Valley money, but mostly from Midwest. Sramana Mitra: It’s a common storyline where you get the early-stage funding from
Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 2)
Sramana Mitra: Did you work in engineering all through this period? Susan Wood: No. When I left Hopkins, I actually worked in a business capacity. It was a very technical sale. I probably wasn’t as heavy on my programming ability as a lot of the people in the company. I started learning my MBA on
Building an AI-Powered Pharmaceutical Services Business: VIDA CEO Susan Wood (Part 1)
This conversation not only highlights Susan and VIDA’s journey but is an excellent analysis of the Pharmaceutical Services space. If you’re looking to do/doing a startup in this field, the conversation should be illuminating. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised?
