Bridging the “Valley of Death”
This chasm between discovery and commercialization represents the gap where public funding for academic research ends and private investment for product development begins—a gap that many promising technologies fail to bridge. Bridging this gap requires more than just funding; it demands a multidisciplinary approach that integrates diverse expertise from various fields.
Organizations like Stanford’s Innovative Medicines Accelerator (IMA), part of Sarafan ChEM-H (Chemistry, Engineering, Mathematics and Humanities), aim to translate academic discoveries into potential drugs or therapies that can attract industry interest. Led by Nobel Prize-winning chemist Caroline Bertozzi, Ph.D., the IMA’s overarching goal is to develop innovations through research to better human health.
“We’re trying to build that bridge out of the valley,” says Matt Armbrust, Research Associate in Protein Engineering at Sarafan ChEM-H | Stanford University. “We collaborate directly with faculty on campus through requests for proposals. Our small team of about 10 people has the expertise to accelerate discovery to market, focusing on publications and patents.”
While many professors and researchers excel in scientific discovery, the path to creating a market-ready product involves a different set of skills and experiences. “A lot of these professors have great science and do great research, but they don’t necessarily know how to make a drug,” Armbrust explains. “That’s where we step in.”
The problem is similar outside of drug discovery and development. Various estimates project that 90% of startups fail. But the challenge isn’t just related to early-stage companies. The aforementioned Science Direct article concluded that “most technology innovators face difficulties” in navigating factors like how businesses operate while also underestimating the difficulty in getting the technology to market.
The power of multidisciplinary science
Bridging the “Valley of Death” requires harnessing the strengths of multidisciplinary science. “We’re disease agnostic, so we have a really wide range of projects—a very diverse portfolio,” Armbrust explains. “We don’t really limit who we collaborate with, as long as we see it as a feasible project where we can actually have an impact.” Their projects span from cancer targets to macular degeneration and COVID-19 research.
Jenny Hu, Head of Customer Success & Growth at Labstep, a STARLIMS company, observed that “the academic setting, it’s usually quite multidisciplinary, and there are definitely lots of pain points in that—at least when I was in the lab.” While multidisciplinary efforts can be challenging, they are essential for devising a concerted approach to match a product sketch to market needs and to ultimately navigate the hurdles to not only get it to the market but to outcompete rivals.
Fragmented data exacerbates the situation
Upcoming Webinar
Join us for an insightful discussion on advancing R&D through collaboration and cross-discipline science. I’ll be moderating a session featuring insights from Matt Armbrust from Stanford University and Jenny Hu from Labstep (STARLIMS).
- Date: Thursday, October 24, 2024
- Time: 10:00 AM EDT
- Duration: 1 hour
Featured Speakers:
Matt Armbrust, Stanford University
Jenny Hu, Labstep (STARLIMS)
While collaboration may sound obvious, one hindrance to working together is the fragmentation of data. Researchers often juggle multiple systems—paper notes, Excel spreadsheets, Word documents, Slack messages, emails, and various cloud storage platforms. This fragmentation can hinder collaboration and make it difficult to track experiments from start to finish. “I did a quick survey with a few customers,” Hu noted. “People are using more than five systems to document the start to finish of an experiment. When I say systems, it’s like paper, Excel, Word docs, Notion, Slack, email, Google Drive, SharePoint.”
Armbrust echoes this sentiment: “Having everything centralized is pretty crucial for success. It makes it really easy to tie in the professors, let them know what’s going on in their project. We can easily send data off in a PDF form.”
Aligning teams, data, and technology
Breaking down barriers between R&D labs and scientific disciplines is essential for innovation. Organizations need to invest in technological infrastructure that supports multidisciplinary teams, speeding up experimentation and discovery. Such investments not only enhance efficiency but also improve reproducibility—a major concern in research, where studies suggest that up to 60% of published research may not be reproducible.
The landscape of R&D is evolving rapidly, with a growing emphasis on cross-disciplinary collaboration and technological infrastructure to support it. As organizations strive to be first to market, R&D teams need to excel in collaboration within labs, across labs, and among different scientific disciplines.
Armbrust highlights the importance of this transition: “We’re trying to translate these discoveries from academia into the industry space in pharma. Depending on the end goal for each professor and project—whether they just want to file a patent and be done, or if they want to do a startup—you have to have the infrastructure to be able to do that.”
For those interested in diving deeper into these topics and learning actionable strategies for fostering scientific collaboration, an upcoming webinar titled “Advancing R&D with Collaboration & Cross-Discipline Science” will be held on Thursday, October 24, 2024.
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