Archive - Back of the Napkin Bios

Queuing Up the Next One

The Next Pitch: What I'm Watching Now

15 hrs ago • Back of the Napkin Bios

The Biology Will Win

What I Saw in Baltimore at HIPE

Apr 27 • Back of the Napkin Bios

AbCellera: The Bubble Proxy

With a Real Catalyst Inside

Apr 22 • Back of the Napkin Bios

Legend Biotech: The Kelonia Read-Through

What Lilly’s Kelonia Deal Implies About a Stock the Market Has Written Off

Apr 20 • Back of the Napkin Bios

The Platform Compounders: Biotech’s Best Buy-and-Hold Names

Watch for Inflecting R&D Productivity

Apr 16 • Back of the Napkin Bios

An Important Nugget From NORD

Buried in the Deck

Apr 15 • Back of the Napkin Bios

argenx: The TAM Is About to Double

Label Expansions Are Coming

Apr 10 • Back of the Napkin Bios

NRIX Update: Bexdeg Stays on Track

I&I Starting to Matter

Apr 9 • Back of the Napkin Bios

Novo is a Buy Right Now

The Label is the Moat

Apr 7 • Back of the Napkin Bios

Proteostatic Valuation

Time to Pull Out a Napkin

Apr 6 • Back of the Napkin Bios

Another Invitation to the Pain Trade

Back to the Gut Check

Apr 2 • Back of the Napkin Bios

March 2026

Thirty to Sixty Days

A Question of What Counts as Evidence

Mar 25 • Back of the Napkin Bios

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts