Whilst Corona virus news are out there loud and clear, a mindset of “I would survive hence will be taking my chance” made us pause and reply, calmly, that yes you likely would but could carry it to those who would not – and that is the problem. We point out the often quoted comparison of 1918 flu epidemic responses between the two cities Philadelphia (allowing public events, a grand parade, schools remain open, no social distancing) with St. Louis (the opposite) – see chart above and full paper at

On our side we are interacting with customers by video and phone whilst several of our clients and portfolio companies have prepared or are finalizing treatment ideas for submission to their respective authorities. As always we are looking beyond today and are working with leadership teams through how various macroeconomic scenarios would be impacting their continuing ability to provide or develop treatments for those in need. 

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