What we evaluate

Twelve evaluation areas, reasoned together.

Each area is scored, flagged, and tied back to the asset verdict and deal implications.

Clinical efficacy strength

Endpoint quality, effect size, statistical robustness, and translational relevance.

Safety signal risk

Treatment-related events, class effects, and labeling exposure.

CMC readiness

Process maturity, comparability, supply, and inspection readiness.

Nonclinical package adequacy

Tox program completeness and bridging strategy gaps.

Regulatory precedent

Comparable approvals, advisory committee history, and pathway signals.

Comparator quality

Standard of care alignment and competitive evidence framing.

Endpoint defensibility

Clinical meaningfulness and regulatory acceptability of endpoints.

Labeling risk

Anticipated indication scope, boxed warnings, and contraindications.

FDA interaction history

Meeting minutes signals, IND holds, and prior agency feedback.

Approval pathway clarity

Accelerated, traditional, breakthrough, and orphan considerations.

Commercial differentiation

Profile vs. emerging competitors and access positioning.

Deal structure implications

Milestone, CVR, and option-to-buy structures aligned to risk.

Before the term sheet

Understand the asset risk before you commit capital.

A short conversation is enough to scope a meaningful diligence review, tailored to your asset stage and decision window.

No confidential information required to start the conversation.